City to be sold to the Yanks
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Posted 22/02/2007 18:31:29


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NoddytheBoltonBlue (22/02/2007)
save me Jeebus (22/02/2007)
Dont wanna be a killjoy but I think all this stuff about squidge's mum over steps the mark a bit. Its not funny.

Are you serious? It's only a bit of e-teasing

If he wants to run with the big-dogs then he'd better learn to bark

 

 

Quick! noddy's been hacked by Mr T!!


 

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Post #39041
Posted 22/02/2007 18:32:14


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save me Jeebus (22/02/2007)
Dont wanna be a killjoy but I think all this stuff about squidge's mum over steps the mark a bit. Its not funny.

Translates as - One day i'd like to be a Moderator on the internetz


 

The PB for Mod pledges: Cloudyshin O'Watra, ESM, MSTB, Squidge, Buff, Noddy the Bolton Blue, Spiderpig, Emigre, The Ghost of Gibbi, Bill, Danny's Stud's, Shimmer.

Post #39042
Posted 22/02/2007 19:32:10


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Thank god.

I was beginning to think we were the ugliest girl at the ball and nobody wanted to dance with us.

Reckon, if true this would be good news as Wardle and co are just small fry in the big money league and if we want to get to the next level we need change and only an injection of cash would enable us to do this.

Hope its not all piss and wind again! The mega casino will definately help in attracting new punters. £70m is not a bad price IMO and what with JJB being the test case for over inflated replica shirt prices it would be an apt time to move Wardle to the sidelines. 

Come on City, don't balls it up.   

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Post #39045
Posted 23/02/2007 09:28:21


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A bit more meat on the bones from the MuEN.

Four-way battle for the Blues

Manchester City chairman John Wardle
Manchester City chairman John Wardle

THE race for control of Manchester City is hotting up.

Four groups of investors are competing against each other to take the reigns at Eastlands.

A crowded race to replace John Wardle and David Makin as the Blues controlling shareholders has developed, with the club confirming that they are in `preliminary discussions with external parties'.

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It is believed that two sets of potential foreign investors are well ahead of the field, with an American group in pole position.

Talks have been going on for two months, and it could be the end of the season before a deal is finally sealed.

Initially, the newcomers would invest heavily in the Blues, whose loyal fanbase is the big plus, but they may end up financing a full £70m takeover.

One of the issues stalling the talks, and any early announcement, is major shareholder Wardle's desire to ensure the club is left in the best possible hands.

He, and chief executive Alistair Mackintosh - who, contrary to rumour, is not involved in a management buyout - are delighted that there has been so much interest in the club, but are committed to conducting stringent and time-consuming checks on would-be investors. They are particularly anxious to establish how the various consortia are bringing in their own finance.

At today's values, it will take almost £14m to buy the near 30 per cent shareholding of Wardle and his former business partner Makin, though when all their loans are taken into consideration, that figure will rise to nearer £30m.

Discussions

The American group - and indeed all four interested parties - know it would cost £70m to take over the club, which would include a boost for manager Stuart Pearce's close-season transfer kitty.

The whole takeover could come before the end of this season, but as today's statement to the Stock Exchange explains, discussions are still at a relatively early stage.

"The board of Manchester City notes the recent Press speculation regarding the possibility of an offer being made for the company," read their statement to the Stock Market.

"Further to the company's announcement on December 7, 2006, the board confirms that it remains in preliminary discussions with external parties that may, or may not, lead to an offer being made for the company.

"A further announcement will be made in due course."

City's Premiership rivals West Ham United, Villa and Liverpool have been the subject of big money takeovers by foreign investors already this season.

The Blues, along with Newcastle, are seen as the next most desirable target for investors.

The Blues are ready to announce half-year financial figures next week and they are expected to be healthy. Aside from Wardle and Makin, the other major players at Eastlands are the Boler Estate, which holds an 18.75 per cent stake, BSkyB with 9.88 per cent and ex-chairman Franny Lee who has a little more than 7per cent.

With soccer the fastest growing sport in the USA, multi-millionaire businessmen have been eyeing Premiership clubs for sometime. Neighbours United, Liverpool and Villa are all already under American ownership.

English Premiership football generates huge sums of money that make owning a top club quite an attraction, particularly now the £2.7bn three-year TV deal has been signed.

Even the club finishing bottom of the division will receive £26m. City are currently 17th on football's latest rich list with a turnover in excess of £60m.

Of the English clubs not already bought, only Arsenal, Spurs and Newcastle are above them in that table. It is hardly surprising the Blues are a popular target.


Si thi tha nos
Post #39067
Posted 23/02/2007 09:35:12


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One of the issues stalling the talks, and any early announcement, is major shareholder Wardle's desire to ensure the club is left in the best possible hands.

 

I know the guy is doing his best - but I just don't trust him  - don't know why

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Post #39069
Posted 23/02/2007 10:13:15


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Cheadle Blue (22/02/2007)
Thank god.

I was beginning to think we were the ugliest girl at the ball and nobody wanted to dance with us.

Reckon, if true this would be good news as Wardle and co are just small fry in the big money league and if we want to get to the next level we need change and only an injection of cash would enable us to do this.

Hope its not all piss and wind again! The mega casino will definately help in attracting new punters. £70m is not a bad price IMO and what with JJB being the test case for over inflated replica shirt prices it would be an apt time to move Wardle to the sidelines. 

Come on City, don't balls it up.   




Eat, drink and be Benny.
Post #39097
Posted 23/02/2007 10:45:04


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This could be a massive cornerstone in the Club's career.

First and foremost let us see of this becomes an actuallity, we've seen false hope before. Could well be something blown in from Tangier Bay.

Second we/they need to examine that it is BEST for the Club. Who are the parties? What sort of investment? What priorities have they for the club?

Lot of factors here and we need to be careful to not accept a trojan horse. Because the parties have a lot of money doesnt mean everything.

After all, the club is not broken, the plane has not crashed into the side of the mountain. We simply arent winning anything.



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Post #39107
Posted 23/02/2007 10:59:09


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Could well be something blown in from Tangier Bay.

I don't know what that means but I like it

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Post #39110
Posted 23/02/2007 11:08:39


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Timpblue (23/02/2007)
Could well be something blown in from Tangier Bay.

I don't know what that means but I like it

I was confused by that too.

Confused but entertained. Well done Danny.


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Post #39112
Posted 23/02/2007 11:08:47


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Kieran the cougar (23/02/2007)
This could be a massive turning point in the Club's history.

First and foremost let us see of this becomes an actuallity, we'veseenfalse hope before.Could well be something blown in from Tangier Bay.

Second we/they need to examine that it is BEST for the Club. Who are the parties? What sort of investment? What priorities have they for the club?

Lot of factors here and we need to be careful to not accept a trojan horse. Because the partieshave a lot of money doesnt mean everything.

After all, the club is not broken, the plane has not crashed into the side of the mountain. We simply arent winning anything.



You're welcome.

Danny was much