PSG for sale..

[Upthere]

no one buys football clubs to make a profit though..thats what I heard...

We all know why they’ve done this, they want out now as they’ve had their World Cup and that’s what they wanted, a place on the board of FIFA, get the World Cup and now they want out

 

[kildaremackem]

Qatar bought a stake in Braga a few months ago

He has the majority stake though doesn’t he?

well the company he owns does yes...but he sold some shares to chinese investors and some to US investors,,..the chinese sold their shares last week...bso the americans have increased their stake and the sheikh also increased his a bit. Consortiums are the best way to own a club now

 

[Mowgli]

sportswashing is a part of the reason to own these things..but they have a lot of other reasons as well...thats why they arent selling PSG..

maybe but they are not selling it now...

They certainly seem to be pulling back and want to offload a percentage.

 

[Paddy O'Dors]

Sheikh Mansour owns city and he’s part of the Abu Dhabi royal family.

Qatar don't want to be involved in club football anymore, but as Fred Flintstone would say, Abu Dhabi do.

 

[kildaremackem]

We all know why they’ve done this, they want out now as they’ve had their World Cup and that’s what they wanted, a place on the board of FIFA, get the World Cup and now they want out

they dont want out though..they arent selling...
they are follwoing the man city example...those owners sold some shares after a few years as well..

They certainly seem to be pulling back and want to offload a percentage.

they arent pulling back...they are about to pay for a new stadium..
yes they want to sell a percentage..same as the man city owners did years ago..have the many city ownrrs puleld back since then?

 

[Mowgli]

they dont want out though..they arent selling...
they are follwoing the man city example...those owners sold some shares after a few years as well..

they arent pulling back...they are about to pay for a new stadium..
yes they want to sell a percentage..same as the man city owners did years ago..have the many city ownrrs pulled back since then?

Theyve spoke about not wanting to move and reportedly looked at moving to the stade de France.

Time will tell if they build a modern superpower stadium

 

[kildaremackem]

Theyve spoke about not wanting to move and reportedly looked at moving to the stade de France.

Time will tell if they build a modern superpower stadium

they want to either buy where they are and renovate ..or leave there and build another, either option will cost a lot.

 

[Hugh Gains]

This was sarkozys request in exchange for the Qatar vote

This and the airbus deal completed so obligations obliged.

 

[kildaremackem]

This was sarkozys request in exchange for the Qatar vote

This and the airbus deal completed so obligations obliged.

they arent selling PSG though..so whats keeping them there now?

 

[Hugh Gains]

they arent selling PSG though..so whats keeping them there now?

Continued French cuckholdery

 

[kildaremackem]

Continued French cuckholdery

same reason they own landmark assets in the UK...football clubs and landmark buildings preserve their value over time and exert contiuniong cultural influence..that they can achieve those things and make a nice profit is what makes football an attractive business opportunity.

 

[Ricci's Special Kebabs]

If they sell PSG wouldn't they be able to buy Man Utd or Liverpool?

 

[kildaremackem]

If they sell PSG wouldn't they be able to buy Man Utd or Liverpool?

not really as theyplan to still own the majortiy of the shares in PSG..

 

[arthursboy]

Makes sense, Qatar have the World Cup now so no need to appease anyone or continue with the initial promise to France or Platini

 

[kildaremackem]

Makes sense, Qatar have the World Cup now so no need to appease anyone or continue with the initial promise to France or Platini

they arent going anywhere like..just taking a profit by selling a minority stake

 

[Mowgli]

they arent going anywhere like..just taking a profit by selling a minority stake

How is it a profit when you've stated they've spent 1.4bn

 

[kildaremackem]

How is it a profit when you've stated they've spent 1.4bn

because the valuation of the business in their accounts will be 4bn if they get the price they want..ie they they will get 15 per cent of 4 billion in cash..but the remaining 85 per cent will be worth a lot as well..and thats the number enetred into the accounts..

 

[Mowgli]

because the valuation of the business in their accounts will be 4bn if they get the price they want..ie they they will get 15 per cent of 4 billion in cash..but the remaining 85 per cent will be worth a lot as well..and thats the number enetred into the accounts..

But that's not really 'taking' a profit is it? They may well do later down the line when they actually sell.

Its also not a football club that will have many potential buyers if we're honest. Their TV revenue and league money is pitiful, anybody coming in has to fund the whole club themselves and if you cut your cloth accordingly, it will lose value from what it is today.

 

[Kenna]

All that money and they failed to win the champions league. Good to see sport washing fail for them.

 

[Julio Mackemo]

Mags for sale next