End of Moshiri - Friedkin, APPROVAL AGREED

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AndSeel
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Re: 777 Partners Takeover

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Cereal Killer wrote: Mon Jun 10, 2024 1:15 pm https://www.bbc.co.uk/sport/football/ar ... mmrwk4nz0o

£400m
All equity so no extra debt
“Unnamed Saudi Royal family member”

Financially we would be sound, but morally we would be bankrupt.
Robioto
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Re: 777 Partners Takeover

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I'd rather go down to the Championship and be a mainstay there than be taken over by Saudi's
Last edited by Robioto on Mon Jun 10, 2024 1:56 pm, edited 1 time in total.
Blueomar
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Re: 777 Partners Takeover

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AndSeel wrote: Mon Jun 10, 2024 1:51 pm Financially we would be sound, but morally we would be bankrupt.
Blueomar wrote: Sat Jun 08, 2024 11:04 pm Where's a despicable oil state sovereign wealth fund when you need one?
:whistle:
StirlingBlue
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Re: 777 Partners Takeover

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Reading the BBC article in mentions that it’s backed by “a number of high wealth families in the USA” and a member of the Saudi Royal Family so sounds more like a traditional investment/hedge fund rather than something like the Newcastle situation
Goaljira
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I'd say there's a difference between being owned by a group of randoms one of which is a Saudi and by the Saudi PIF, but that may just be me trying to self-justify it. I mean, it doesn't say where in the lineage this guy or gal falls. It could be they're like Mike and Zara Tindall's kids. Technically they're part of the royal family, but they're not part of the family.
Gary1878
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Goaljira wrote: Mon Jun 10, 2024 2:16 pm I'd say there's a difference between being owned by a group of randoms one of which is a Saudi and by the Saudi PIF, but that may just be me trying to self-justify it. I mean, it doesn't say where in the lineage this guy or gal falls. It could be they're like Mike and Zara Tindall's kids. Technically they're part of the royal family, but they're not part of the family.
Yep, there is a big difference in my mind between a consortium of global investors and being directly owned by the Saudis.
AndSeel
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Re: 777 Partners Takeover

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Goaljira wrote: Mon Jun 10, 2024 2:16 pm I'd say there's a difference between being owned by a group of randoms one of which is a Saudi and by the Saudi PIF, but that may just be me trying to self-justify it. I mean, it doesn't say where in the lineage this guy or gal falls. It could be they're like Mike and Zara Tindall's kids. Technically they're part of the royal family, but they're not part of the family.

Maybe we have all misunderstood it and it's just some bloke called Mr. Saudi Royal turns out he's from Wigan.
Bluedylan1
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Re: 777 Partners Takeover

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I think the Saudi part of the Manoukian consortium is just referenced to make headlines, but it sounds like the main backers of that bid are the Myer family, a wealthy Australian family of Jewish origin apparently, and now a private investment company.
Toddacelli
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AndSeel wrote: Mon Jun 10, 2024 2:29 pm Maybe we have all misunderstood it and it's just some bloke called Mr. Saudi Royal turns out he's from Wigan.
Are the Wiganites any better than the Saudis…..?
Bluebridge
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Toddacelli wrote: Mon Jun 10, 2024 4:41 pm Are the Wiganites any better than the Saudis…..?
Better pies.
Toddacelli
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Bluebridge wrote: Mon Jun 10, 2024 4:42 pmBetter pies.
Probably better pints, too.
Bluebridge
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Toddacelli wrote: Mon Jun 10, 2024 4:42 pm Probably better pints, too.
That’s a cert!
Trowel
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Trowel
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Silas
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If we are looking for ethical multi millionaires we'll go bust waiting. It's about lesser evils I suppose
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