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City Football Group | Secure $650m loan facility for infrastructure projects (p 54)
- Thread starter MCFC1993
- Start date
iwasthere1968
Well-Known Member
- Joined
- 13 Apr 2011
- Messages
- 1,025
Other than suggestion that we paid the private equity firm so that we can put cash into the group legally.Can't see anything on Red Cafe approaching piss boiling to be fair. Just the one post on the City thread about this news and nothing bitter about it. I'm guessing RAWK is a different matter though!
nmc
Well-Known Member
Alan Green needs to realise if the sheik did ever sell it would take a very rich fucker to buy us
In the coming years he’s want £5bn plus ! A very shrewd individual and ultimately a sound investment.
nmc
Well-Known Member
BBC Sport still too busy wanking over Maureen to report this. They are a joke.
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Deleted member 77198
Guest
What does this mean for Manchester City? I’m not really bothered about the CFG unless it affects Manchester City.
discopop
Well-Known Member
BBC Sport still too busy wanking over Maureen to report this. They are a joke.
It is there, tucked in the football section with a link through to the article which was a business, there was the obligatory dig about FFP
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.”
Also: No existing CFG shareholders are selling equity.
This is a capital injection then into Man City. That's my interpretation....so what do City do with the capital? Buy more overseas clubs, get a decent web-site, and expand the stadium? What after all are CFG's infrastructure assets? Could just as well relate to City's overseas clubs though like NYC.
Another point: Intellectually this ends the argument that ABu Dhabi controls Man City.
Not from the point that Sheikh Mansour's shareholding is diluted, but that if a state really is investing and controlling MCFC, then it does not need the funds from an overseas partner for growth. Clearly City have been and are operating on a commercial basis, not governmental basis. Expect this point to be lost on those with a vendetta, but I think a major underpinning of the argument that City are an adjunct of Abu Dhabi has just gone. A state doesn't look for financial help from commercial partners that dilute its holding. Although the investment does bring expertise.
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.”
Also: No existing CFG shareholders are selling equity.
This is a capital injection then into Man City. That's my interpretation....so what do City do with the capital? Buy more overseas clubs, get a decent web-site, and expand the stadium? What after all are CFG's infrastructure assets? Could just as well relate to City's overseas clubs though like NYC.
Another point: Intellectually this ends the argument that ABu Dhabi controls Man City.
Not from the point that Sheikh Mansour's shareholding is diluted, but that if a state really is investing and controlling MCFC, then it does not need the funds from an overseas partner for growth. Clearly City have been and are operating on a commercial basis, not governmental basis. Expect this point to be lost on those with a vendetta, but I think a major underpinning of the argument that City are an adjunct of Abu Dhabi has just gone. A state doesn't look for financial help from commercial partners that dilute its holding. Although the investment does bring expertise.
Last edited:
Ardwick Green Blue
Well-Known Member
What does this mean for Manchester City? I’m not really bothered about the CFG unless it affects Manchester City.
Exactly. The Chinese put a load of money into CFG but other than that being good news for our owner I have yet to see a tangible benefit for Manchester City.
gordondaviesmoustache
Well-Known Member
My money’s definitely on oleatthewheel92 being proved right on this.Weird, why would those venture capitalists pay so much when oleatthewheel92 on redcafe reliably informs me that all our money is fake and pumped in from Abu Dhabi as part of an elaborate scheme to sportswash a country no one even knew existed?
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worsleyweb
Guest
Announcement here:
https://www.silverlake.com/Images/Uploads/docs/Silverlake26111911085014950.pdf
What do you make of this quote:
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 spend 500 million on shit hot players in January so we can overtake Liverpool again and win the Champions league
That's better.