The Chinese investment valued the group at £2bn. Mansour has invested about £1.2bn.
The Chinese investment valued the group at £2bn. Mansour has invested about £1.2bn.
What a strange analogy!
It wasn't over-valued. There is another, quite scientific method of valuing football clubs called the Markham Multivariate Model. He did this for all PL clubs at the end of last season but he made a mistake on ours by assuming that the stadium was rented and had no capital value. He was wrong, as we run the stadium under a finance lease and it's therefore effectively a capital asset. When you run the figures on that basis, the valuation is very close to £2bn. And something is only worth what someone else is prepared to pay for it.Come on mate, as a financial person though you know full well the Chinese paid over the odds for their share! Yes it may be sound investment for the future but right now you know the club isn't worth £2bn! It seems you're trying to downplay our owners financial investment for your own agenda.
I believe taking into account all global brands you will find that if he were to capitalise his stake (as in the 13% that was sold to the Chinese as a guide) he would make significant gains. The City footballing group is valued at over £2bn, then add the agreements in place with Manchester City Council plus all the spin offs from other clubs in the group and the amounts become staggering. Plus the group was purchased with a specific aim of putting Abu Dhabi on the global football map. The Sheikh and his advisors are very shrewd, and he would never lose out with any of his investments - wish I had a few shares! Bit like the money he made helping out Barclays. Money makes money.The Sheikh's investment hasn't trebled. As a rough guide, the Club is worth what Mansour has invested!
I believe taking into account all global brands you will find that if he were to capitalise his stake (as in the 13% that was sold to the Chinese as a guide) he would make significant gains. The City footballing group is valued at over £2bn, then add the agreements in place with Manchester City Council plus all the spin offs from other clubs in the group and the amounts become staggering. Plus the group was purchased with a specific aim of putting Abu Dhabi on the global football map. The Sheikh and his advisors are very shrewd, and he would never lose out with any of his investments - wish I had a few shares! Bit like the money he made helping out Barclays. Money makes money.
Agreed, he must love us NorthernersAll this may be true but surely we should be thankful as his main goal was to give mancunians a pleasant Saturday afternoon
Agreed, he must love us Northerners