the $3 billion club

[Hazy2]

Well the Sheikh has got his purchase price back from his initial layout for the club.Good business man our owner don't ya think.

I was just about to ask..... How much did Sheikh Mansour buy us for? Not that it's relevant i just cannot remember.

25 bob and as many mint balls as he could stuff in his pockets.

[Mase]

Well the Sheikh has got his purchase price back from his initial layout for the club.Good business man our owner don't ya think.

I was just about to ask..... How much did Sheikh Mansour buy us for? Not that it's relevant i just cannot remember.

About £210 million from memory.

[Wonderwall]

Well the Sheikh has got his purchase price back from his initial layout for the club.Good business man our owner don't ya think.

I was just about to ask..... How much did Sheikh Mansour buy us for? Not that it's relevant i just cannot remember.

About £210 million from memory.

It's a lot of money when you think Abramovich bought the rent boys for a quid.

[john@staustell]

Funnily enough I did think there'd be some Chinese mega-deal coming along soon. We seemed to have a big gap there. But I thought we might buy a club.

"The capital from the share acquisition will be used by City Football Group to fund its China growth, further CFG international business expansion opportunities and further develop CFG infrastructure assets".

Wonder what that means?

[DoomMerchant]

Well the Sheikh has got his purchase price back from his initial layout for the club.Good business man our owner don't ya think.

He is not taking the money - He's not called Glazer - the money is going straight into the group. His share is now worth more than it was when he bought the club but having made further investments and attracted massive additional income you would expect that.

Your point is valid insofar as if he sold up now he would get more than his investment back but I get the impression he has only just started.

Spot on - it's a new share issue which essentially dilutes the Abu Dhabi ownership stake to give the new investors 13% rather than the current shareholders selling 13%. This is all new funds injected into CFG

unfortunately, you'd have to have had a job in something other than writing shit op-ed pieces in yellow journalism-filled papers to understand the complexities of a transaction like this, apparently.

What they're selling to China is a "platform" of how to build an economic model around quality football and operational excellence from virtually nothing. Which is interesting having been to Dubai this fall...if there is one thing the Emiratis know how to do it's build an economic model from nothing...business relationships driven by quality product and content. Simples. They'll do that for China and that IP is what China is buying.

Fucking love this shit....the modernest fucking football outfit in the world...keeps on truckin.

We're outcunting the cunts at their own game. Times ten. Love it.

cheers

[john@staustell]

It's nice to know Khaldoon still has time for this. In between admonishing Cameron for not outlawing the Muslim Brotherhood and taking away billions in defence contracts as a consequence.

Busy man!

Do you know I cant help thinking Mr Platini has made an enemy or two somewhere. Careful who you fuck about with Mr P. A few asides over a business table.....................................

[PeterParker]

I hope you all know that this transaction was on Cook`s famous napkin list.

[stevefromdonny]

so as I don't know I will ask a ?, has our owner sold 13% of man city fc and will the money help against FFP and can we sign more/ better players now and not get the bitter MR P UPSET ABOUT IT

[phips]

Man United current value on New York Stock Exchange: $3.05 bn
Man City valued following today's investment at $3bn

don't get too carried away.

that's 1 club at 3.05bn vs. 1 club + parts of 3 others at 3bn. not exactly apples to apples.




(i know, i know. im a rag, what can i say)

[Peter Doherty (AGAIG)]

Can we afford to buy some referees, now? (Asking for a friend.)

[bayblue]

Man United current value on New York Stock Exchange: $3.05 bn
Man City valued following today's investment at $3bn

don't get too carried away.

that's 1 club at 3.05bn vs. 1 club + parts of 3 others at 3bn. not exactly apples to apples.




(i know, i know. im a rag, what can i say)

I get what you're saying but if you were to spin off the parts of the 3 others methinks you'd have change from $25m, so the valuation is mainly linked to the core brand that is Man City.

On the other hand you're right that they aren't apples and apples - the Rag figure is an external valuation, done by the market, whereas ours is to a large degree an internal valuation, incapable of being externally validated. Given we made c$15m profit last year then this values us on a multiple of over 200. Not sure many pension funds would be rushing to get a slice of that pie.

[michaelcityfan]

This is great and remember the rags valuation doesn't take account of their massive debts ha haha

[MUS]

Tehehe!

This is brilliant.

It's the top trending story on Sky Sports website, but they still have the audacity to put the actual article right at the bottom of the homepage with the story about how Klopp doesn't want a new keeper as the headline.

You can just smell the envy and bitterness and I just love it!

[DoomMerchant]

so as I don't know I will ask a ?, has our owner sold 13% of man city fc and will the money help against FFP and can we sign more/ better players now and not get the bitter MR P UPSET ABOUT IT

yes. the chinese mafia now owns 13% of Man City. Fortunately for us the 13% they own is the Vinny's hammies, Kun's bad knee, and Yaya's giant lard ass...not to mention the shittest part of matchday catering (you decide!), and that Indian food stall vendor in City Square that you probably don't frequent.

Fuh. King. Elle.

cheers

[bigblue]

Fuh. King. Elle.

cheers

more like Fu King Hao

cheers

[Nigels Tackle]

Fuh. King. Elle.

cheers

more like Fu King Hao

cheers

lascist bunch of cunts

[Blue Since 76]

The key to me us this isn't about the money. A major media partner in the world's biggest football market which already lives the premier league. Ignore what $300m does now, think what it becomes.

And there were those who wondered why the Chinese premier came to little old us rather than the rags.

[Nigels Tackle]

the start of an exit strategy according to that cunt, mark saggers on talkshite... hahahaha!

[Beefymcfc]

Man United current value on New York Stock Exchange: $3.05 bn
Man City valued following today's investment at $3bn

don't get too carried away.

that's 1 club at 3.05bn vs. 1 club + parts of 3 others at 3bn. not exactly apples to apples.




(i know, i know. im a rag, what can i say)

Interesting that a Blue would try and splice this deal apart to somehow downgrade what this means. The reality is that it's much more than the valuation, it's the market we now have a direct path to break into. The Rags et al have been trying to break this market for years then we go the opposite way and ensure that they actually sell it for us. How fucking good is that.

There's loads to read out there but for a short summary go to the Sky piece, but if you want a down to earth overview, Simon Mullock has done a nice piece in the Mirror; a Blue in disguise I feel.

Mirror Article - They Have Overtaken The Rags In So Many Areas

[Nigels Tackle]

the start of an adug exit strategy according to that cunt, mark saggers on talkshite... hahahaha!