The Official Man Utd & Liverpool plus Chelsea, Everton and City Banter Thread!
- Thread starter UIR - Kagawa Powa
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The 'problems' refer to the structure of the potential offer - that is a fact. The date for the start of the offer had already been established - that is a fact. The managers of the offer have suspended the offer whilst in discussions with the Singapore authorities - that is a fact. The reason for the withdrawl has only been commented upon by the offering agents - that is publicity!
That doesn't seem to chime with what anyone else is saying on the subject dave...
http://online.wsj.com/article/SB100...4502767105950.html?KEYWORDS=manchester+united
"The club remains intent on a flotation and on Friday received approval from Singapore Exchange Ltd. to list on the city-state's bourse."
"Having originally planned to list in Hong Kong, Manchester United switched to Singapore in June to take advantage of the dual-share listing structure that is available"
I can only repeat what I have read and what I also heared on BBC News 24 Asia Business Report. It's not as if I was paying particular note of what was planned as it it was not my prime interest in looking at Asain markets.
Now I know that I can be rather pessimisitic when it comes to the global economy but I do feel that there is something very big about to happen - and I doubt that it will be very pleasant. If I am right then there's worrying times ahead for ALL of our clubs
Neither do you to be honest - FSG is also a private company and registered in Delaware, the same "ultra secret" location that the Glazers have chosen to register.
In fact, the New York Times recently sold its stake in FSG for a price that values the whole entity (Red Sox, Liverpool, 80% of NESN and 50% of Rousch Racing) at just $1.5 billion, so that implies everything is not financially rosy in your garden given that Forbes values Liverpool at $550 million, the Red Sox at $900 million and NESN at over $1 billion. A minimum 40% discount to fair value may imply the NYT knows something we don't...
As for the news that the flotation has been pulled, this was reported by Reuters to have come from "a source". Which is journalist speak for "we heard a rumour". Reuters rumours may be more concrete than those in the Daily Mail, but until the club makes an announcement I wouldn't put my house (or even my daughter's doll house) on it
Well there's your clue. NYT sold their own stake for a '40% discount', which suggests nothing more than a desperation to bring some money in because of their own financial troubles. They clearly took whatever price they could get.
A 40% discount on what value?
More like it was over valued by 40%
Looks like FSG are the new G & H
**** off you scouse ****s!
No need to get all ****ing political Berb, where's your evidence to back this up? Are you married to a financial expert or what?
How is it more likely? You buy low, sell high. The only reason for the low price is a desperation to sell. If the value were plummeting, nobody would have even bought the share from NYT.
Lol, yeah right
There are always sharks hunting for bargains in the financial markets. For all you know it could be another sports channel that is only interested in getting a stake in NESN and doesn't give a monkey's toss about Liverpool. And remember that the value of Liverpool was plummeting when RBS was about to put them in administration but FSG still came in and snapped them up.
Plummeting?
Where do you get that idea from Swarbs?
You're seriously not going to quote a G&H valuation to back this up.
Where do you get that idea from Swarbs?
You're seriously not going to quote a G&H valuation to back this up.
Forbes valued Liverpool at $1.05 billion in 2008, $1 billion in 2009 and $800 million in April 2010. They were sold for around $450 million in October 2010. Looks pretty much like a plummet to me
Forbes valued Liverpool at $1.05 billion in 2008, $1 billion in 2009 and $800 million in April 2010. They were sold for around $450 million in October 2010. Looks pretty much like a plummet to me
Oh dear, thats depressing ha ha
Liverpool will be the new Leeds, a fall from grace.
Kenny gone by xmas, SG will move to that Russian team, Mandy Carrell, will stick look like a hairy woman.
And Everton will overtake them in the league.
Life is looking good!!!!
Kenny gone by xmas, SG will move to that Russian team, Mandy Carrell, will stick look like a hairy woman.
And Everton will overtake them in the league.
Life is looking good!!!!
