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

117 M34 said:
If sheikh mansour decided to sell up (unlikely I know), would silver Lake be a possible buyer and would they likely be good owners or is their business model not suited to being good majority owners?
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Not sure if its mentioned anywhere or if anybody is interested but Silver Lake are in advanced stages of aquiring A League.
 
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CFG won't be taking a minority stake in Spartak Moscow. The Russian-language tweet that Russian Football News quotes says that the due diligence (or "strategic evaluation", as they put it) was unsatisfactory to CFG, while the full story to which there's a link suggests that poor sporting results also played a part in the decision. Spartak are currently 9th out of 16 teams in the Russian league, with 19 points from 14 games, trailing 11 points behind leaders Zenit.
 
petrusha said:


CFG won't be taking a minority stake in Spartak Moscow. The Russian-language tweet that Russian Football News quotes says that the due diligence (or "strategic evaluation", as they put it) was unsatisfactory to CFG, while the full story to which there's a link suggests that poor sporting results also played a part in the decision. Spartak are currently 9th out of 16 teams in the Russian league, with 19 points from 14 games, trailing 11 points behind leaders Zenit.
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This seems to have been a good choice in hindsight!
 
Why did we take 650mil debt and will NYCFC get a new proper stadium now that they are champions of USA?
 
SkyBlueSoldier said:
Why did we take 650mil debt and will NYCFC get a new proper stadium now that they are champions of USA?
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We didn't take £650m of debt, we took a loan facility potentially for a similar figure to the cost of a new stadium in USA. I'm not sure why being champions would make a difference though.
 
SkyBlueSoldier said:
Why did we take 650mil debt and will NYCFC get a new proper stadium now that they are champions of USA?
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Given the politics in planning in NYC I'll be surprised if they get a stadium in any of the five boroughs. The proposed development near Yankee Stadium looked great with the US version of social/low cost housing but fell apart over a car park!!

Alternative site in the South Bronx on the river from Rafael Vinoly Architects built over railway tracks

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and that didn't happen either. Local interest stops everything unless they get a back hander, sorry incentive
 
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