Man City
Posted: Wed Nov 27, 2019 8:55 am
It’s been reported in the press today that a provate equity form called silver lake have just invested £389m in city, this values the group at £3.73bn.
The owner goes on to say this will help with an aggressive expansion plan and he further commented that 'We and Silver Lake share the strong belief in the opportunities being presented by the convergence of entertainment, sports and technology and the resulting ability for CFG to generate long-term growth and new revenue streams globally.'
This is the second investment in the club after a Chinese company took a stake I believe last year. What I don’t get is the owner has one of the worlds largest wealth funds available so why does he need inward investment? Are they getting around ffp with this investment?
They tried to invest in Chelsea and were told thanks, but no thanks and Abramovich is nowhere near the wealth of the city owner so why take in investment, which dilutes your holding and potential profit share which could and so far has been reinvested back into the club.
Someone please enlighten me cos I’m not getting it. If it was Orient I’d say yeah great deal cos as rich as our owners are further investment in us would allow a multitude of things to happen, when your city and you’ve more or less unlimited funds, I don’t get it.
The owner goes on to say this will help with an aggressive expansion plan and he further commented that 'We and Silver Lake share the strong belief in the opportunities being presented by the convergence of entertainment, sports and technology and the resulting ability for CFG to generate long-term growth and new revenue streams globally.'
This is the second investment in the club after a Chinese company took a stake I believe last year. What I don’t get is the owner has one of the worlds largest wealth funds available so why does he need inward investment? Are they getting around ffp with this investment?
They tried to invest in Chelsea and were told thanks, but no thanks and Abramovich is nowhere near the wealth of the city owner so why take in investment, which dilutes your holding and potential profit share which could and so far has been reinvested back into the club.
Someone please enlighten me cos I’m not getting it. If it was Orient I’d say yeah great deal cos as rich as our owners are further investment in us would allow a multitude of things to happen, when your city and you’ve more or less unlimited funds, I don’t get it.