Worth a read. Serious players and won't simply be allowing the board to make decisions based on what's good for Abu Dhabi. No chance.
https://www.ft.com/content/cb4f8b5a-07c9-4880-a220-f4f5c56d4735
Their investment bets in the travel industry not looking so good.
Not sure how a company with a small minority stake has much influence in the club, unless the club is skint and wants more investment.
Worth a read. Serious players and won't simply be allowing the board to make decisions based on what's good for Abu Dhabi. No chance.
https://www.ft.com/content/cb4f8b5a-07c9-4880-a220-f4f5c56d4735
Their investment bets in the travel industry not looking so good.
Not sure how a company with a small minority stake has much influence in the club, unless the club is skint and wants more investment.
I agree with this. They’re attracted to the club because of the potential returns it brings, but they’re not going to have much, if any say, in the decisions. It’s the decisions that have already been made which are important, that’s why they invested. They’re a presence, no doubt, but ultimately a minority.
Silverlake are not passive money. Its an initial stake and he's on the Board. Clearly they are not managing day to day but they are far more than money.
Couldn't agree less that "It’s the decisions that have already been made which are important, that’s why they invested" - for Silverlake its ALL about the future.
He won't be executive on the board (he will be a Non-exec Director) nor do the board make the football decisions - there are no "football people" on City's CFG board. Its a parent investment company. But that board will dictate the high level strategic direction of the Group and critically, approve budgets that accommodate the football decisions.Ah, I didn’t realise that they were on the board in an executive capacity. And I take your point re the future being the important thing, I meant that decisions made by the board ultimately attracted them. The key issue really is that football people make football decisions and suits make the business decisions. There has to be a clear dichotomy, it’s the lines blurring that leads to problems. Not that there should be any issues at your place, the footballing side is well away from the other.
He won't be executive on the board (he will be a Non-exec Director) nor do the board make the football decisions - there are no "football people" on City's CFG board. Its a parent investment company. But that board will dictate the high level strategic direction of the Group and critically, approve budgets that accommodate the football decisions.
Got you, I see what you’re getting at now. Out of interest, where do you see Silver Lake’s expertise aiding you the most?
Got you, I see what you’re getting at now. Out of interest, where do you see Silver Lake’s expertise aiding you the most?
Absolutely right I looked at Silverlake’s portfolio and the synergy between lots of their investment and the CFG was staggering, as you say above, others were ticketing and financial transactions They must also be eyeing the collar site, my bet some type of VT Virtual Technology (VR AR MR ) theme park the possibilities are endless and now we have Sapphire Sport It’s clear that very few people, still don’t, get what’s happening before their very eyes, a global football technology giant so powerful that they won’t dare cross it ScareyTechnology entertainment agent and marketing related stuff. The other investments I think are things like Endeavor which is a talent agency Oakview who are building the arena and skype and other technology stuff fast forward and the clubs in the group will be supper connected, the players will have the same agents be promoting some of the groups investors products the different clubs could have Oakview arenas next to the stadiums. Our owner is also among a group of investors who are investing in sports technology start ups will be apps, streaming sites, sports medical stuff etc
https://sapphireventures.com/funds/sapphire-sport/
I second this.
If you go to this site and enter the link in the OP, it removes the paywall
Aiding you ? Who do you support ?Got you, I see what you’re getting at now. Out of interest, where do you see Silver Lake’s expertise aiding you the most?
He's a Liverpool fan and quite open about it.Aiding you ? Who do you support ?