Club up for sale
- Thread starter dmishra
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this isn't good, is it?
… and while not denying it FSG have released a statement hinting at bringing on additional shareholders.
good chance, yup.
Mate, 5-2-3 cannot work in real footy leagues.
this statement talks about additional shareholders and not necessarily selling.
FSG probably want to take in more investment (money!!!!!!) from participating shareholders (but keep the majority holding) to lower their own risk
FSG probably want to take in more investment (money!!!!!!) from participating shareholders (but keep the majority holding) to lower their own risk
This is the fear about getting new owners.
Sadly that wont happen. They wont do investments like this.
So FSG are saying we are open to minority investment, which has always been the case.
What makes the journalist believe we're open to a full sale? It's interesting and certainly possible. FSG have likely done all they can with us but it's always going to be a throw of the dice.
What makes the journalist believe we're open to a full sale? It's interesting and certainly possible. FSG have likely done all they can with us but it's always going to be a throw of the dice.
we're going to lose interest when the super league becomes a 'reality' ...
I reckon there's already a serious bid in but they have to put the offer out to tender for some reason. Maybe they want to sell a 40% stake as preference but haven't been able to do it
I think the most significant thing here is that they've actually made a statement - I don't think they usually do that. Suspect there is something more to this.
Bearing in mind that the Super League bonus probably isn't going to happen (whatever the Spanish and Italian clubs think), that some of FSG's principal shareholders are former / current fund managers and that the GBP/USD exchange rate is massively in favour of USD investors, now might be the best possible time for them to sell in order to maximise their return.
Bearing in mind that the Super League bonus probably isn't going to happen (whatever the Spanish and Italian clubs think), that some of FSG's principal shareholders are former / current fund managers and that the GBP/USD exchange rate is massively in favour of USD investors, now might be the best possible time for them to sell in order to maximise their return.
Is anyone surprised ?
A lot of people foresaw this, and as Beamrider just said, they'll never have a better opportunity to sell while they can get bang for their buck.
Global markets are beginning to collapse all over and they need liquidity as much as the next person.
#endofanera
A lot of people foresaw this, and as Beamrider just said, they'll never have a better opportunity to sell while they can get bang for their buck.
Global markets are beginning to collapse all over and they need liquidity as much as the next person.
#endofanera
I don't think so. I reckon it'll be yanks again.
Reportedly Sheikh Khaled bid 2-3 billion for us a year ago, so maybe he'll come back to the table if his DJ career doesn't tie him up
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan (Arabic: خالد بن محمد بن زايد آل نهيان); born on 8 January 1982) is an Emirati political leader and a member of Abu Dhabi's ruling Al Nahyan family.[1] He is a member of Abu Dhabi Executive Council and chairman of the council's executive committee, chairman of Abu Dhabi Executive Office, and a member of the board of Abu Dhabi's Supreme Council for Financial and Economic Affairs.[2] Khaled is also a member of the board of UAE national oil company, ADNOC, and chairman of the board's executive committee.[3][4] His father has not named an heir yet, but he is one of the contenders for the throne, alongside his uncles Mansour bin Zayed and Tahnoun bin Zayed.
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan (Arabic: خالد بن محمد بن زايد آل نهيان); born on 8 January 1982) is an Emirati political leader and a member of Abu Dhabi's ruling Al Nahyan family.[1] He is a member of Abu Dhabi Executive Council and chairman of the council's executive committee, chairman of Abu Dhabi Executive Office, and a member of the board of Abu Dhabi's Supreme Council for Financial and Economic Affairs.[2] Khaled is also a member of the board of UAE national oil company, ADNOC, and chairman of the board's executive committee.[3][4] His father has not named an heir yet, but he is one of the contenders for the throne, alongside his uncles Mansour bin Zayed and Tahnoun bin Zayed.
I think I'm done if this happens.
I think that would be problematic given their investment in Milan. I know Red Bull manage it with Leipzig and Salzburg, but both those clubs are in (figurative, as well as actual) different leagues relatively speaking, and I think they've only met once in UEFA competitions.
However, a football club remains an attractive investment to a US investor. The operational side throws off big US tax losses (which can be used to shelter other income which would otherwise be taxed at between 40 and 45%, depending on state tax liability) whilst the ultimate gain would be taxed at lower rates. NB I did speculate previously (I think around this time last year) that FSG might sell then because Biden had threatened to increase the capital gains tax rates in line with income but he didn't do that, so that part of the equation still works.
ah... penny pinchers again....great
So maybe FSG don't like us but Abu Dhabi Do?
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