Chinese Consortium invests $400m in CFG

[Didsbury Dave]

That reminds me, it's your round next time we meet up ;-)

Did you buy one when i saw you in the Tibb Street Tavern? I'm so filthy rich I can't actually remember, but I appreciate it means more to others.

I'm out on the 12th December for a "sesh" if you want me to buy you one back. I'll get you a bag of chips if you're hungry too.

 

[JASR]

Returning to the shirt selling fantasy statistics:

I have no clue on the amount of shirt selling required to make a sizeable impact on revenue and PR...
... Clearly an ex-Chevrolet pr/media buyer, was of a similar level of understanding.

 

[mac]

Can we get the population of China to do a Poznan and the resultin tsunami may flood uncle malcs shopping malls

 

[mat]

WW3 triggered purely to stop city.
(would be typical)

:)

 

[Carlos- the- jackal]

http://www.theguardian.com/football/blog/2015/dec/01/manchester-city-owners-china-venture-power
Even David Conn is positive,blimey!

 

[oakiecokie]

hahahaha from barm to muffin

Thats more like it. ;)

 

[bulldogblue]

Looking at this mind boggling deal in a simplistic way. If for example Mr A Owner set up a business and over the years put £100k of his own money into the business as capital and then when it was valued at £1M with a new investor arriving he agreed to sell say 20% of the business for £200k. Mr Owners options would be to either plough all the cash back into the business or possibly take back part or all of his original outlay.
My own opinion is that our owners will take the first option and continue to take us on this incredible journey towards world domination. China is a massive market and will very quickly take us to the next level.

 

[coleridge]

http://www.theguardian.com/football/blog/2015/dec/01/manchester-city-owners-china-venture-power
Even David Conn is positive,blimey!

I like the second comment.
'Remember when David Conn did serious investigative journalism, instead of just fawning puff pieces about Oil Barons FC?'
You can feel the bitterness, jealousy and resentment oozing from every pore. Excellent. I hope it really hurts.

 

[blueincy]

The deal, which values CFG at around $3 billion, is still subject to regulatory approval.

Wow!! Is that what we are worth under the CFG...

Fuck all the rags that spout they're the richest club in the world bollocks..

 

[Didsbury Dave]

Looking at this mind boggling deal in a simplistic way. If for example Mr A Owner set up a business and over the years put £100k of his own money into the business as capital and then when it was valued at £1M with a new investor arriving he agreed to sell say 20% of the business for £200k. Mr Owners options would be to either plough all the cash back into the business or possibly take back part or all of his original outlay.
My own opinion is that our owners will take the first option and continue to take us on this incredible journey towards world domination. China is a massive market and will very quickly take us to the next level.

The Sheikh hasn't sold his own shares. He's issued extra ones and sold those, effectively exchanging equity for capital. The difference between your scenario and the actual one is significant because we've exchanged a seat on the 7 man board for £265m, and the consortium are big hitters in the Chinese media, ensuring we also get huge growth on the back of this deal.