Tim of the Oak
Well-Known Member
- Joined
- 29 Dec 2012
- Messages
- 18,127
This isn't good news - 10 % stake going to venture capitalists - all they care about is a return ! The Chinese deal made sense as there was a media company involved and the chance to increase and substantially grow the franchise using their expertise. There doesn't appear to be anything strategic about this alliance. Let's hope this doesn't become a growing trend or x years down the line it could be Glazer's like with football taking very much a back seat ....
Silverlake want the increased profile or they wouldn’t be buying into the CFG (as well as wanting to make money of course).
Prestwich Blue has suggested some synergies and development opportunities on twitter. They are also part of a growing group with Mumbai City about to be announced.