Tricky_Trev
Well-Known Member
- Joined
- 18 Jan 2009
- Messages
- 32,343
It is incredible isn't it, that in such a short space of time, 13% of CFG is deemed a more enticing investment opportunity than 100% of other clubs. Just wow.
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Chinese Consortium invests $400m in CFG
- Thread starter Marvin
- Start date
Blueknows
Well-Known Member
Apart from villa most other clubs voted in favour of FFP so yes feck em allThere would be absolutely no issue Etihad now paying us £80m a season if they deemed it appropriate.
Based on the valuation of the club and the benchmark figure United get just for shirt sponsorship with Chevrolet.
Nobody will be be able to replicate our model in China, either, simply because you need the approval of an actual state and have to be able to give a hefty bit of sugar in the first place.
We've seen it in our tie-up with the Yankees and the expertise brought in to start in NYC, you need to be able to deal with the top of the tree, the politicians, have the access in the first place.
Beckham thought it would be easy to take up his option of a MLS franchise in Miami but it's going down the pan because it's a lot more complicated, dealing with planners and opposition.
There's a reason, as Amanda Staveley put it not long after our takeover.
As far as the oil rich nations were concerned, Sheik Mansour buying City closed the door on any other club in England getting a similar investment and only Qatar bucked the notion with PSG.
You have to wonder what fans of Villa, Everton think about our Chinese investment?
It was big enough to buy either, with change to spare.
Fuck 'em. Fuck the lot of 'em.
They all had this coming.
Blueknows
Well-Known Member
exactly , as rags have become what they used to mock red scouse for harping on about historyIt is another brilliant article and proves what we knew all along,our owners are here for the long term and are way smarter and more ruthless than the arrogant wankers who mocked them ever realised. We have taken them all on and beaten them and are about to take our foot off the gas and accelerate away as they weep and harp on about past glories and their history.
ManCitizens.
Well-Known Member
My maths may be out here but to put it into perspective: If there's 1.4billion people in China, and we manage to convince just 0.5% of the population to spend the equivalent of a pound a month on subscription based TV content we'd earn £84m per year? Wow
abellwillring
Well-Known Member
That Rag Cafe thread linked to early in the thread is a riot. I can't imagine why anyone would want to take part in that cesspool.
Gordyola
Well-Known Member
How do you accelerate with your foot off the gas?
Going down hill in sailing mode
Prestwich_Blue
Well-Known Member
Just been reading up about Li Ruigang, the new director of CFG. He's the Chinese equivalent of Murdoch, with a finger in all sorts of media, entertainment and internet pies. He counts Rupert Murdoch as a friend and role model (but we won't hold that against him). In fact Murdoch spent years trying and failing to break into the Chinese media market. He finally gave up trying and handed his business over to Li, who bought a controlling stake. He has set up a joint venture with Jeffrey Katzenberg of Dreamworks.
I used to complain about the quality and composition of the City board in days gone by. John Wardle - nice but probably too nice to be effectual, Bryan Bodek - a local solicitor, Mark Boler - owned Mere Golf Club but didn't really trust Mackintosh, and Dennis Tueart - who was David Makin's man. Then there was our single executive, Mackintosh, a jumped up accountant who spent more time cultivating his own image and eliminating anyone who might be a threat. Anyone who used to attend the AGM will no doubt remember Paul Stanley's annual question "What do each of these directors actually do for us?" to which he never got anything approaching a coherent answer. When I look at the quality of the board now, with its international movers, shakers and industrialists, the difference is staggering.
The other thing I don't quite get is that the Chinese group paid for a part of CFG. But if CFG were looking to get opportunities in China, wouldn't you expect them to be the ones paying the money? The party investing is the one that normally expects to get a return but in all the press releases, it infers that CFG is looking to be the beneficiary. So I reckon that this more about China getting access to the UAE and/or the services of City's expertise and that this was the price of that.
I used to complain about the quality and composition of the City board in days gone by. John Wardle - nice but probably too nice to be effectual, Bryan Bodek - a local solicitor, Mark Boler - owned Mere Golf Club but didn't really trust Mackintosh, and Dennis Tueart - who was David Makin's man. Then there was our single executive, Mackintosh, a jumped up accountant who spent more time cultivating his own image and eliminating anyone who might be a threat. Anyone who used to attend the AGM will no doubt remember Paul Stanley's annual question "What do each of these directors actually do for us?" to which he never got anything approaching a coherent answer. When I look at the quality of the board now, with its international movers, shakers and industrialists, the difference is staggering.
The other thing I don't quite get is that the Chinese group paid for a part of CFG. But if CFG were looking to get opportunities in China, wouldn't you expect them to be the ones paying the money? The party investing is the one that normally expects to get a return but in all the press releases, it infers that CFG is looking to be the beneficiary. So I reckon that this more about China getting access to the UAE and/or the services of City's expertise and that this was the price of that.
To be fair, you could also see it from the other side, where the Chinese wanted to invest in Chinese football but don't have the expertise or infrastructure to do it effectively, so instead have essentially given us the money to do it instead. I imagine a lot of that $400m is going to be spent on Chinese facilities, which is what they're really after. It's win-win really, in a lot of ways.The other thing I don't quite get is that the Chinese group paid for a part of CFG. But if CFG were looking to get opportunities in China, wouldn't you expect them to be the ones paying the money? The party investing is the one that normally expects to get a return but in all the press releases, it infers that CFG is looking to be the beneficiary. So I reckon that this more about China getting access to the UAE and/or the services of City's expertise and that this was the price of that.
There would be absolutely no issue Etihad now paying us £80m a season if they deemed it appropriate.
Based on the valuation of the club and the benchmark figure United get just for shirt sponsorship with Chevrolet.
Nobody will be be able to replicate our model in China, either, simply because you need the approval of an actual state and have to be able to give a hefty bit of sugar in the first place.
We've seen it in our tie-up with the Yankees and the expertise brought in to start in NYC, you need to be able to deal with the top of the tree, the politicians, have the access in the first place.
Beckham thought it would be easy to take up his option of a MLS franchise in Miami but it's going down the pan because it's a lot more complicated, dealing with planners and opposition.
There's a reason, as Amanda Staveley put it not long after our takeover.
As far as the oil rich nations were concerned, Sheik Mansour buying City closed the door on any other club in England getting a similar investment and only Qatar bucked the notion with PSG.
You have to wonder what fans of Villa, Everton think about our Chinese investment?
It was big enough to buy either, with change to spare.
Fuck 'em. Fuck the lot of 'em.
They all had this coming.
Succinctly put Tolm, and yes fuck 'em all
To be fair, you could also see it from the other side, where the Chinese wanted to invest in Chinese football but don't have the expertise or infrastructure to do it effectively, so instead have essentially given us the money to do it instead. I imagine a lot of that $400m is going to be spent on Chinese facilities, which is what they're really after. It's win-win really, in a lot of ways.
What? I thought we were spending it on Messi?