behind pay wall but it doesn't really make sense. as they are their own sports broadcaster organisation in the USA, it would make far more sense to seek to sell a minority of fsg to whoever it is and bundle all their offering for best price. either way whoever buys a minority as a broadcaster would be screwed over as they cannot bundle lfc as a single entity in any media deal as the rights are iron clad to prem and uefa etc. it'd be an utterly pointless buy in.
it's now reported that Mike Gordon is back at his former role as fsg's embarrassing flirtation with sale ends. fsg are too mean to let go cos they are greedy for the global exposure but are too cheap to do anything with the asset. we are trapped.
nah, fsg have scurried back with their.arses slapped and put Mike Gordon back in charge. they've now ginroed the fact they allowed it be known he was on the sale and stated he just needed a rest. this one is dead. nobody wants a minority stake in a a break even business you can't monetise separately. if they got 25% of fsg and LeBron type deals fine but 25% of lfc when the commercials are locked up tight? there's no way to make a return
Well if it's 10 x the £500m investment that Redbird made into FSG, then that means we'll be seeing 10 x the amount that we got actually pumped into LFC from that Redbird figure. i.e. nothing.
meet lfc new partial owners (33%) https://www.gic.com.sg/ Singapore wealth fund so state owned just not the oil states.
in unrelated news the mooted USA tour by lfc next preseason has been called off and we are to go back to far east.
That feels acceptable. Singapore is not a country dogged by human rights issues and you'd probably say its quality of life is better than most western countries.
IF this is real I'd still be surprised if we see a red cent of this money (Presumably the £1bn being touted?). We saw **** all of Redbird's £500m investment not long ago.
Redbird invested in FSG, not LFC. Redbird also own AC Milan. The current stake on offer is for shares in LFC I believe. So any money the investors choose to put in after buying should go the club. The buy-in money would of course go to FSG, as they own the shares on sale, to do with what they want...hopefully as it money generated via the club it would go to the club.
I can't find anything about this online, is this from RHC's reporter mate or is it from a better source-. Done deal or speculation?
it's all rumours of who was with Gordon at arsenal game and who's been talking about investing with fsg.
