beightonblade
On yer bike !
- Joined
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Taken from today's Express Financial.
"Sheffield united is understood to have appointed bankers Seymour Pierce to try to find it a mega-rich investor to help finance the club's efforts to rejoin football's top flight.
According to sources familiar with the situation, Seymour Pierce has been instructed to find a benefactor for the club, which suffered a costly relegation from the premier League in 2007.
The Aim-listed club believes it needs fresh investment if it is to build a squad capable of reaching and remaining in the Premier League. Seymour Pierce is believed to be examining a number of options, from finding minority investors to getting wealthy individuals or groups to buy the club outright. Anyone interested in acquiring loss-making Sheffield United would need the backing of the club's current chairman Kevin McCabe, who has amassed a 74.7 per cent stake.
Seymour Pierce is best known for brokering the £140 million sale of Chelsea to Roman Abramovich in June 2003. The firm was also involved in the £62.2 million sale of Aston Villa to US cradit card boss Randy Lerner in August 2006, as well as Thaksin Shinawatra's £81.6 million acquisition of Manchester City last year."
"Sheffield united is understood to have appointed bankers Seymour Pierce to try to find it a mega-rich investor to help finance the club's efforts to rejoin football's top flight.
According to sources familiar with the situation, Seymour Pierce has been instructed to find a benefactor for the club, which suffered a costly relegation from the premier League in 2007.
The Aim-listed club believes it needs fresh investment if it is to build a squad capable of reaching and remaining in the Premier League. Seymour Pierce is believed to be examining a number of options, from finding minority investors to getting wealthy individuals or groups to buy the club outright. Anyone interested in acquiring loss-making Sheffield United would need the backing of the club's current chairman Kevin McCabe, who has amassed a 74.7 per cent stake.
Seymour Pierce is best known for brokering the £140 million sale of Chelsea to Roman Abramovich in June 2003. The firm was also involved in the £62.2 million sale of Aston Villa to US cradit card boss Randy Lerner in August 2006, as well as Thaksin Shinawatra's £81.6 million acquisition of Manchester City last year."
