City Football Group | Secure $650m loan facility for infrastructure projects (p 54)

[dickie davies]

Has Extinction Rebellion started a protest yet due to the amount of piss being boiled all over the planet

 

[blue b4 the moon]

BBC Sport still too busy wanking over Maureen to report this. They are a joke.

We got a mention on the local BBC news.

Main stuff is PEG & fucking Andy Murray.

 

[Franknorgrovesnephew]

Nothing on the bbc can't be rite

 

[blueinsa]

Buried over half way down the sports section of BBC sports website and with a caveat that UEFA are investigating so it might not come off pmsl.

Bitter fuckers

 

[dave_blue12]

Announcement here:

https://www.silverlake.com/Images/Uploads/docs/Silverlake26111911085014950.pdf

What do you make of these quotes:

Silver Lake making a primary capital investment to further accelerate growth and fund technology and infrastructure development...The proceeds from the investment will be used by City Football Group to fund international business growth opportunities and develop further CFG technology and infrastructure assets

""We are excited to partner with the Board and CFG’s world-class management team to help drive the next phase of CFG’s growth in the fast-growing premium sports and entertainment content market.”

This is about moving into the worldwide entertainment business in my opinion.

Not sure what it will look like but at a guess some sort of subscription platform with various levels of access. My guess is that they feel football is nowhere near reaching its potential as an entertainment business. How that fits in with the collective bargaining model we currently have no idea. Maybe much more behind the scenes access ?

Either way I think that this signals significant further revenue growth.

 

[M18CTID]

Other than suggestion that we paid the private equity firm so that we can put cash into the group legally.

On Red Cafe? Got a link?

 

[BlueDejong]

https://www.cityfootballgroup.com/i...-million-strategic-investment-by-silver-lake/



Jesus...500m

 

[Essex blue]

This is disgusting!

when next years financial accounts are released does that mean we will be the first club to break the billion pound barrier in respect of income for one season? Lol

 

[Marvin]

Looks like a replication of the Chinese Media Capital investment.

 

[oakiecokie]

BBC Sport still too busy wanking over Maureen to report this. They are a joke.

Its been on their website for the past 2 hours mate.