Takeover News/Rumours


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I think Charlie will be gone. I think he's the one feeding the rumours as he just wants it done so he can get his money out to move onto something else.

I wonder how much he needs the cash or the reduction in public profile. If he's financially stable, I'd guess he keeps it. If he's not, I'd agree that he'd take the £1-2m he can get and chalk it up as a win.

Bear in mind that he didn't actually put any money in and by all accounts, has not done so as working capital or debt finance, so this is just a nice little earner in the future if shit gets bigger. Right now he's be taking a £1-2m benefit which could easily be worth double that in 3 years time for doing absolutely fuck all.
 
From the very little I've heard I would say that is an absolute non starter. I'm almost as certain as can be that Short will never get involved again. By all accounts he seems to be a decent bloke, still follows the results, is gutted at how things ended up, but I don't think he's any more confident he'd randomly get it right this time and wouldn't want to risk losing loads again to find out.
When I met him in the hotel one night, before the match. He was a really nice bloke and he sat and chatted to fans in the bar all night and seemed very interested and clued up about the players and team etc. was taking the piss out of Benitez too, which was funny.
 
From the very little I've heard I would say that is an absolute non starter. I'm almost as certain as can be that Short will never get involved again. By all accounts he seems to be a decent bloke, still follows the results, is gutted at how things ended up, but I don't think he's any more confident he'd randomly get it right this time and wouldn't want to risk losing loads again to find out.
Short’s only fault was employing the wrong people to waste his money. He was as gutted as you or me that it all went tits up. I’ll bet he thinks back, ‘If Only’.
I would love to see him back here, sure he’s learnt by his mistakes.
 
Short’s only fault was employing the wrong people to waste his money. He was as gutted as you or me that it all went tits up. I’ll bet he thinks back, ‘If Only’.
I would love to see him back here, sure he’s learnt by his mistakes.

If he had learned from his mistakes I'd absolutely want him. Unfortunately none of his key (in terms of people to run the club, above the manager level) appointments were a success, and even his last decision regarding who to sell to looks like a bad one! Same as yourself I have absolutely no animosity towards the bloke, but I'm not convinced he could suddenly get these appointments right, and I don't think he'd be confident of it either. Massive shame how it went mind, huge opportunity missed.
 
From the very little I've heard I would say that is an absolute non starter. I'm almost as certain as can be that Short will never get involved again. By all accounts he seems to be a decent bloke, still follows the results, is gutted at how things ended up, but I don't think he's any more confident he'd randomly get it right this time and wouldn't want to risk losing loads again to find out.

Don’t believe it myself mate, just commenting on another post about it. Got it from a football agent. He’ll be full of shite;)
 
How long does that generally take?

How long is a piece of string. Normally, the lawyers don't want things done too quickly (the charge out rates are eye-watering). Best guess, 1-2 weeks.
Seen a few people mention how well off Sartori is. He’s a wealthy man but not sure about liquid cash though.

Any ultra-high net worth person typically has only a small amount of liquid assets. Steve Lansdown (owner of Bristol City) is worth around £4bn, but said in an interview that he rarely has more than £20m or so in liquid assets. At current interest rates, you have to have your worth in something offering a better rate of return than cash.
Thing is, if it was only ever the fairly safe (for FPP) option of loaning money, it begs the question of why they didn't just loan it through MSD as they have with the other clubs. Setting up their own company especially for it seems a strange move in that context, they haven't got an FPP Derby or owt. If they wanted to buy a club it would make more sense to set up themselves, especially because the risk would be higher and they wouldn't necessarily want to do that under MSD where they likely have to provide a return for shareholders (and because if they got it right, they'd want the profits for themselves) .

There are a number of reasons.

Primarily, it's because FPP was clearly set up to be an acquisition vehicle. That purpose looks to be well outside the normal modus operandi of both MSD Capital and MSD Partners, which operate more like merchant banks investing funds provided by Dell (Capital) or a range of high net worth individuals (Partners).

Secondly, the loan to Sunderland predated the establishment of the of the somewhat opaque structure (involving Cayman Islands intermediaries) involved in the loans to Derby and Southampton. It's as if, for Platek and Phelan anyway, it was like dipping a toe in the water of football finance (Fuhrman retired from MSD in the intervening period).

Thirdly, a League 1 club is a more risky proposition, and may fall outside the risk parameters for MSD.
 
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