The Swedish Rumble 🔰 Profile picture
Business lawyer, interest in sports law, UEFA regulations, Public M&A and MAR expert, #MUFC #GlazersOut #CollaboratorsOut #MUFC_Family * Fan of @SwissRamble.
Nov 19, 2023 21 tweets 8 min read
💣💣🚨🚨With the Everton decision at hand, it is now possible to -- with far greater certainty than before -- predict the outcome of the Manchester City case.

In my view, it must now be expected that MCFC will get EXPELLED from the PL!! ⚠️

A 🧵. Image What is MCFC charged for? The below table summarize the charges, they can be sorted under 5-6 categories, I would say that it is 32 charges, some will say 115 since each "X" regards several provisions in the PL Rule Book.

Some of these charges are really complex -- but not all! Image
Oct 30, 2023 10 tweets 4 min read
🤔I see so many comments questioning ETH’s XI.

A 🧵on why those decisions were — completely irrelevant — and what indisputably cost us the game.

Can anyone disagree with the below?? And can anyone give even a suggestion of what ETH could have done different??? Comment 👇. Image At the 16:15 mark, MUFC were in the games. It then changed completely. Why? After failing to play up from the back ONCE — MCFC controls the play for 4:07. At the 20:22 mark, when the ball goes out of play 👇, nobody would say that the game is even.
Oct 26, 2023 12 tweets 5 min read
🚨🚨💣💣 #MUFC's Q4 report is out, part II. What is our FFP status? A 🧵 looking at (a) how much we can spend in January and (b) how much we can spend during the summer of 2024. Lets dive into it! 🔰 🔺First of all, what we spend in January, will impact our profit from the 23/24 season. In the summer of 2024, PL and UEFA will determine if we are compliant with their FFP provisions against this and other seasons. Image
Oct 21, 2023 30 tweets 11 min read
🚨💣A 🧵 covering all relevant questions on the takeover of #MUFC! I think it is safe to say that we now can answer what will happen to:
🔺 the Management Personnel;
🔺the Transfer Budget;
🔺 Old Trafford and Carrington; and
🔺 MUFC's position in a MCO.

Lets dive into it!💪 Image 🔺IS IT DONE?
No. The proposed structure is complex and 'custom made' for this deal. A lot of details must be agreed on between Ineos and the Glazers. Before an agreement is in place, I would not trust the Glazers.⚠️
Aug 20, 2023 6 tweets 13 min read
🚨🚨💣💣 Nine months into the sale process, its clear that the Glazers won't accept the bids made by 9-2 and Ineos during the spring! The sale of the club is entering a new phase. This is a 🧵looking at a handful -- of what must be seen as incontestable -- FACTS, at this point, that EVERY MEDIA OUTLET got wrong! During the coming months, we can't afford to keep making blunders like this. ⚠️ 👇 🔺1. Media's Truth: "Qatar buying Manchester United is a 'an end point for football'."

🟢Fact: Its very hard to come to ANY OTHER CONCLUSION that 9-2 from a "moral" point of view, is a much better option than Ineos.

A foundation named 9-2 controlled by Sheik Jassim has made a bid for MUFC. Basically NOTHING points towards 9-2 being a front of a state bid for MUFC. They have de facto needed a long time between bids to secure additional funding and there have been numerous reports of 9-2 struggling with showing proof of funds and getting the formalities in order.

Sheik Jassim is clearly a banker, who has been a board member for Credit Suisse and who today is the Chair of the Board of Qatari Islamic Bank, which is independent of the state of Qatar. 8 of the 10 biggest shareholders of the Qatare Islamic Bank are Nordic pension funds and Americans. The Qatar Investment Authority is a shareholder in the bank, but only owns 17.2% of the shares. Sheik Jassim has himself invested heavily in the bank, and owns a 5% stake worth 800m.

But Sheik Jassim is a Sheik and he is a Member of the Royal Family? Of course the Royal Family and Qatar are always the same thing? A simple googling shows that the Royal Family of Qatar has 20,000 members! An Al-Thani Sheik bought Malaga, and have since gone bankrupt. Was that also the state of Qatar making an investment?

Another simple googling shows that Sheik Jassim is only a VERY distant relative to the Emir of Qatar. His Grandfather's Grandfather was a little BROTHER to an Emir of Qatar.

But isn't Sheik Jassim's father a puppet of the regime? Jassim's dad, "Hamad bin Jassim" (aka HBJ), is a former price minister between (07'-13') and a famous Qatari business man. But one of the first thing the current Emir did when he came into power was to kick out HBJ from all former positions. And all you need to do is check his Wikipedia page to find out that it wasn't entirely without friction.

But HBJ, who today lives in London, has built his own investment business and there is no reason to doubt that Jassim is acting in the capacity of a wealthy banker and with support of his immediate family when making a bid for MUFC.

Perhaps we have the benefit of hindsight right now, but why exactly did EVERYONE assume that 9-2 = equal to the Qatari state? And everyone did do it.

Jassim was part of the Royal Family, but nobody checked up what that meant? People claimed that he had "unlimited wealth" and someone that wasn't backed by the Qatari state wouldn't have that? Why do we think 9-2 has unlimited wealth?

Sure, its a big investment, but if he gets 100% of the shares of the club for 4.4-5bn and 9-2 has pledged to invest a little less than £1.6bn in the Club, its £6.6bn investment in total. 9-2 could easily recuperate like half of that by taking on minority investors, utilizing their Qatari connections to entering into partnerships regarding redeveloping OT, the land owned by the club and so forth. The rest can easily be be financed by 9-2 loaning money.

But, wait, wouldn't 9-2's bid be depth free? Yes, they wouldn't tack any debt onto the club. The notion that Sheik Jassim, a banker, who have worked his entire life financing transactions -- think he was like 18 when he first got a job as an investment banker -- wouldn't include any debt in a big investment is just absurd. Reports from El Pais have the Qatari Islamic Bank funding the takeover.

INEOS on the other hand is perhaps the biggest proponent of Fracking in Europe. We don't have to get into what that means here -- but it IS not allowed in Europe for a reason.

When you look into it more deeply, Jassim comes across as a very wealthy and pretty innocent banker and Ineos do have big environmental issues. Right? Is it not a MASSIVE BLUNDER by the media to get this wrong?? Let me know what you think! 👇
Jul 4, 2023 18 tweets 6 min read
🚨🚨We have established that #MUFC's budget under UEFA's FFP rules stretch up to 200m. In this 🧵, we review how the finances perform under PL's FFP rules, and conclude that the club is in a bind. ⚠️ But could this still be a glimmer of light amidst all the darkness? Tag along!👇 MUFC has to comply with two set of rules, UEFA's new Financial Sustainability Regulation and the PL's Handbook, which contains "Profitability and Sustainability" provisions which mechanically is similar to UEFA's Football Earnings Rule, but the accepted deviation differs.
Jun 28, 2023 11 tweets 4 min read
🚨🚨💣💣Is #MUFC’s spending limited to £100-120m considering the new Q3 results and subsequent events? No! It should be closer to £200m! And how much could we spend if 9-2 or Ineos succeeds with getting #GlazersOut in the near future? Answered 👇. A 🧵. (1/11) So what have changed? Why 200m instead of 100-120m? Had we missed top 4, we would have to sell players just to not breach FFP. Finishing third in the PL and playing a record number of games have had a significant impact. But that is not news. (2/11)
Jun 8, 2023 14 tweets 6 min read
🚨💣 As more information have become public regarding the details of the bids made for MUFC, during the last 24h, this 🧵 reviews in detail what we know about the bids. Who is in the lead? Is it too close to call? Spoiler: It certainly is (!). (1/14) 🚨💣👇 twitter.com/i/web/status/1… Image To speculate on who will win the auction, it is (sadly) only relevant look at it from the Glazers' perspective. Pledges to invest in the club or to pay money to minority owners on the NYSE are in all likelihood irrelevant to the Glazers. (2/14) Image
Jun 7, 2023 19 tweets 7 min read
💣🚨New improved bid from 9-2! Good news? Who is in the lead? A word of optimism including a little caution and some other thoughts in this 🧵, tag along! 👇 (1/n) dailymail.co.uk/sport/football… For anyone wanting #GlazersOut, it's good news. The previous reported bids have been serious but neither have perhaps been as good as reported. Nobody want a penny more than necessary paid to the Glazers, but without improved bids, the risk for delay has been significant. (2/n) Image
Jun 1, 2023 25 tweets 8 min read
🚨💣Chelsea FC is reportedly forced to sell players, not only because their squad is too big, but to comply with the FFP rules of the PL and UEFA. Can we verify if this is the case? And if so, how much must they sell for? And by when? A 🧵. 👇 Image Long technical 🧵, so a "Summary":
(a) Best guess is that CFC must sell players for app. 30-60m before 30 June under PL rules, but it is very hard to say with any certainty.
(b) It seems to be almost a certainty that CFC will breach UEFA rules in 24'.
May 31, 2023 15 tweets 4 min read
Rumors have #MUFC looking to sell Antony Elanga this season. This is a topic I have had a strong opinion on all season. Why? A🧵.👇 I like Antony Elanga a lot, as a proud Swede, and I think his play this season to a large extent has been marred by poor confidence. But I 100% think he should be sold, not loaned out. Why? He does not at all fit into ETH's system. (2/n) Image
May 29, 2023 52 tweets 15 min read
🚨This 🧵takes a look at potential scenarios for MUFC's the summer transfer window and analyze the FFP impact of different alternatives. Sometimes described as a circus, there isn't a champion in modern time that hasn't been built on transfers. Some interesting stuff 👇.💣(1/51) To analyze a club’s transfer window, many questions must be answered. What is the transfer budget? How much can the club spend on different squad positions? Long-term depth chart. What type of players are the club looking at? Which players can the club get?(2/51) Image
May 26, 2023 12 tweets 5 min read
🚨The reports have #MUFC “launching a £55 million swoop” for Chelsea forward Mason Mount. This had me thinking -- is £55m a lot? How many players can we have that cost 150m, 100m, 75m, 50m and 25m? In this 🧵, the potential cost structure of a squad is broken down. Image Which are the limiting factors? Perhaps the most relevant one is the new Squad Cost Rule in UEFA's new Financial Sustainability Regulation. Under this rule, we can only spend 70% (its implemented in 3 steps, first year its 90%, second year 80%) of our earnings on our squad.(2/n) Image
May 18, 2023 18 tweets 6 min read
🚨 Several sources have lately reported that #MUFC's transfer budget will be just £100m due to "FFP" reasons -- besides what can be raised from from player sales. In this 🧵 we look at the reason for this and how we could potentially spend up towards 300m (!) with player sales.💣 Image Under the new "FFP" rules, UEFA's Financial Sustainability Regulation (i.e. "FSR") United's spending can be limited by two rules, the Football Earnings Rule and the Squad Cost Rule. (2/n) Image
Mar 22, 2023 5 tweets 2 min read
If Barca has paid absurd sums of money in an absurd way to the person making these kind of reports on single referees -- deciding their future -- I wonder if it is not the nail in the coffin for the Club in its current shape. These are recent events, (1/n) ...just getting a slap on the fingers in terms of suspension from the CL for 2 years cannot be enough, and with Barca's debt situation, that alone seems like a death stroke. So what is the background? Very brief: It is undisputed that Barca paid €7,000,000 to the VP of ...
Mar 6, 2023 18 tweets 5 min read
(1/18) Conflicting reports from the Athletics have Ineos’ bid for #MUFC “only” resulting in that no new debt being loaded onto the club, while Bloomberg reports that Ineos’ banks “would cover MU’s debt of around $800 million”. In this 🧵, we look at how the debt will be handled. Image (2/18) This is the debt the Club have, and the debt consists of issued (1) Senior Secured Notes, (2) a Loan Facility and (3) Revolving Facility. Image
Mar 4, 2023 22 tweets 8 min read
(1/22) A big topic lately is if #MUFC need an owner with ‘super wealth’, like Qatar, or if the club could get back to the top if owned (indirectly) by one of the wealthiest individuals in the UK, Sir Jim Ratcliffe. The answer is given in this 🧵. (2/22) But wait a minute, some will say, we do not know what a SJR ownership will pertain. Some details about his bid are known, but it is true that others aren’t. However, looking at what we know and the context, filling in the blanks shouldn’t be impossible at this point.
Mar 3, 2023 10 tweets 3 min read
#BarcaGate / the Negreira case will probably end up as the biggest scandal football ever seen when everything is said and done. How and when it starts to have affect on the present is not clear, but the first step could be a ban of Barca from the CL.(1/10) elmundo.es/deportes/futbo… What is undisputed is that Barca over more than 15 years have paid almost €7,000,000 under the table to the VP of reffing body of La Liga. When the payments stopped, the official in question — Negreira — blackmailed Barca to keep paying him, or he threatened to come clean.(2/10)
Mar 2, 2023 5 tweets 2 min read
Agree with Neville here, and it’s time to recognize how much the roles in ETHs system differs from many other teams. I like DR, but facts are that he has not played one game in his career for a team that plays up from the back, which is the most important aspect of ETH ball.(1/5) I have a little hard time to understand why #MUFC so often is linked to players, who never have played the style of football ETH employs. Of all the available football players out there, why target someone who has no experience in a crucial aspect of how we play? (2/5)
Feb 14, 2023 23 tweets 8 min read
(1/22) In this 🧵we cover why it perhaps is premature to rule out Elon Musk buying #MUFC, and especially look at a couple of aspects that have yet to be covered, that greatly increase the odds of this takeover taking place. (2/22) The report of Musk’s interest to by MUFC has not really been taken seriously. Reactions has varied from total disbelief to at best speculations on how nothing can be ruled out when it comes to Elon Musk. There are however many scenarios – other than it...
Feb 13, 2023 5 tweets 2 min read
(1/5) I wouldn’t take poison on it, but PSG letting Messi and Neymar walk in the summer makes all the sense in the world given their FFP situation, and I would bet that it has been in their plans a long time. PSG have had FFP issues in the past and handled it the same way. (2/5) So what is their strategy? This will get talked about more and more. If you go over FFP by a wide margin, UEFA will require that you agree to an action plan to get back in compliance with the rules. As long as you comply with the action plan — you will not face stiff …