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Takeover Rumours

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I haven't followed this story very closely. Can someone explain to me why we should be so excited? We had a billionaire owner before in Short and we never got to the moon.

I'm not trying to put a downer on anything I just genuinely don't know all the details
 
The Rolls Royce said:
I haven't followed this story very closely. Can someone explain to me why we should be so excited? We had a billionaire owner before in Short and we never got to the moon.

I'm not trying to put a downer on anything I just genuinely don't know all the details
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Well, if it's true and these lads spend the same percentage of their personal wealth as Short we could have Len Ashurst in charge and still finish 6th in the Premier League. I'll not show you the workings.
 
The Rolls Royce said:
I haven't followed this story very closely. Can someone explain to me why we should be so excited? We had a billionaire owner before in Short and we never got to the moon.

I'm not trying to put a downer on anything I just genuinely don't know all the details
Click to expand...
I'm with you. Not up to speed on this and no idea why all the excitement. Is it just more paper gossip?
 
Left this thread on page 36 last night and now it’s on 76. Can someone summarise?
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Fuck off man.

Just put the cover on the jacuzzi! Straight back off and another bottle of Sangres opened!!!!

Ha’way ya mad yank bastards.
 
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The Rolls Royce said:
I haven't followed this story very closely. Can someone explain to me why we should be so excited? We had a billionaire owner before in Short and we never got to the moon.

I'm not trying to put a downer on anything I just genuinely don't know all the details
Click to expand...


not much, we're apparently being bought out by some bloke who's not from wallsend.
 
The Rolls Royce said:
I haven't followed this story very closely. Can someone explain to me why we should be so excited? We had a billionaire owner before in Short and we never got to the moon.

I'm not trying to put a downer on anything I just genuinely don't know all the details
Click to expand...

Ellis is worth $1.6b, Dell is worth $37.6b. That's nearly twice as much as Sheik Mansour who owns Man City. John Phelan's is worth nearly as much as Ellis Short, his gaff in Palm Beach is worth $25M. If this happens it's ganna be massive. Maybe I'll take the bairn over to the island in his strips and get him to knock on Phelan's door, shout Haway haway haway and run away.
 
The Times bit on it suggests that it’s the three other blokes who are the investors and it hasn’t really got owt to do with Dell. :rolleyes:
 
  • MSD's Business Principles - for further info.

  • Our people are the key to our success. We recruit only world-class individuals who we would enjoy working with and who understand and accept our core values and beliefs.
  • Our primary asset is our reputation. Any actions we take with respect to our capital or business partners should be heavily influenced by their effect on our reputation. Investing our reputation is as important as investing our capital.
  • Our performance on a quarterly or annual basis, while important, will not be given priority over our long-term goals.
  • We conduct our business with the highest level of integrity and honesty. Deals should be fair to our partners and should not favor us at their expense. We will be forthright with those we deal with and expect the same in return. We work with prospective partners to develop a mutual understanding, appreciation and respect for our approach to investing. If such an understanding cannot be achieved, we will not become partners.
  • The best decision for Michael Dell and his family is the best decision for MSD Capital.
  • Much of the work that we do is of highly confidential nature, and we do everything that we possibly can to protect that information and maintain and respect the privacy of the firm.
  • Individual opportunity and reward is based on merit. Our vision places large demands on each of us. Those demands can become frustrating, so we should try to make sure that our jobs are fun, the office is friendly and the rewards for loyal employees are large. We work with passion, commitment and enthusiasm.
  • We understand and value the importance of technology and are constantly looking for ways to utilize technology to make MSD more efficient and productive.
  • Control over investment decisions is essential to our style of doing business. We will always do what we believe is right, regardless of what conventional wisdom might indicate.
  • In considering potential investments, we encourage an environment that fosters open debate, values contrary opinions and tolerates honest mistakes.
  • We seek out excellence in all we undertake. We should never be satisfied with the status quo. Instead, we should constantly seek to improve in all our endeavors.
  • We must continually remind ourselves of our limitations and dedicate ourselves to the avoidance of hubris. If our methodologies are valid and our people are talented, hubris is one of the only things that can make us fail.
 
MSD Capital - only have one client - they manage all the Dell's family wealth.

Michael Dell's dilemma, how to invest his vast personal assets wisely. That's where MSD Capital comes in. Taking its name from Dell's initials, the investment firm handles the Dell Inc. founder's personal investments in companies outside his namesake business. Dell bankrolled MSD Capital with approximately $1 billion in seed money in 1998. The firm makes long-term investments in public firms and private equity (typically in the $50 million to $200 million range), including leveraged buyouts and management buyouts. It also invests in real estate and occasionally in other investment firms' limited partnership funds. It is reported that the company manages capital in excess of $12 billion.
 
ighty seven said:
The Times bit on it suggests that it’s the three other blokes who are the investors and it hasn’t really got owt to do with Dell. :rolleyes:
Click to expand...

Two of the three advisors who are investing apparently are billionaires as well. Dell will be a passive minority investor so will be involved (financially at least).

So that will leave us with an ownership that includes 4 billionaires assuming it all goes through.

Don’t really understand the need for the rolling eye emote.
 
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