We're saved.................Investment on it's way

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Blade58

Blade58

Once a Blade, always a daft ****
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God's country ...... Rovrum!



Oh that is nothing compared to the massive,Their Star has their story on the front page unlike ours "The Chicago company would look beyond Europe to America and Africa for players who could be developed and who would reduce the need for expensive signings or loan deals.
Where would a little company from the slums of Chicago know anything about football contacts,they should invest in one of their country's failing baseball and basketball teams where they would be laughed at.
 
Things may be hotting up!

"Its from a paper called the Star, and no not the sheffield star.

The text reads

KUALA LUMPUR: A Malaysian businessman is emerging as a key stakeholder of Sheffield United, one of Britain’s oldest football clubs.

He is in the final stages of sealing a deal with Sheffield United chairman Kevin McCabe and chief executive officer Trevor Birch that will see millions of pounds flowing into the Championship One club.

Birch told The Star that the club was finalising the deal.

He added that the Malaysian would be making a significant investment in the club.

Birch even took time away from the club’s friendly against Argentinian side Estudiantes on Aug 1 to discuss the deal in Malaysia.

“We want to be serious contenders for promotion to the English Premier League next season and with his involvement, we can see an even brighter future ahead,” he said here yesterday.

Birch, a Liverpool player in the 1970s, was the Chelsea CEO who put together the RM706mil (£140 million) Roman Abramovich takeover in 2003.

It is understood that talks between United and their potential Malaysian partner have been going on for some time and a conclusion will be reached “in a matter of a few months”.

According to sources, the Malaysian businessman is expected to visit United next week.

The new possible tie-up will make the club’s first Championship One match this Sunday an “all-Malaysian affair” as United will be facing Cardiff City, owned by Berjaya tycoon Tan Sri Vincent Tan.

“What’s interesting about his (the Malaysian) involvement is that he is investing in a club that is rich in heritage and, more importantly, with strong financial credentials,” said Birch.

United is also known as “The Blades” due to the city’s worldwide reputation for steel production."






Difficult to form an opinion at the moment. There'll be some who say we don't want any malaysians taking control of our club. There'll be some that just welcome some investment into the club.

At this stage, I am of the opinion that as long as KM is still here and that this is a partner and not an outright takeover then bring it on! :)



http://www.bing.com/news/search?q=sheffield+united&FORM=EWRE&qpvt=sheffield+united
 
If we want success to come to the lane any time soon (and by success i mean european football) hopping into bed with a sugar daddy is going to be the only way to do it.
 
New investment .................... wunder how many hotels will get built? :D
 
Won't somebody think of the freehold?!?!?! :eek:
 
An investment not a takeover ,it can only be a positive for the club,and another stick to beat the unclean with.
 
Toronto Blade said:
An investment not a takeover ,it can only be a positive for the club,and another stick to beat the unclean with.
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What businessman anywhere is going to invest in a club £50m in debt, losing more money, without wanting ownership?
 
I'll invest ..................... but i want the freehold of BDTBL as security ! and 10% above base rate for the pleasure.:eek:
 



SE10 Blades said:
Why does the level of debt matter?
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So how is this 'investment' going to work? A rights issue? If he wants shares, why would he buy less than a controlling interest and have no power over how his investment performs?
Particularly when that company is already up to its eyeballs in debt and can't assemble a full squad before the start of a football season?
If he buys shares off McCabe, McCabe gets the money.
The only reason a Malaysian with no interest in SUFC would invest would be to make money. How is this going to happen?
 
Don't know why but whenever I hear the phrase 'Malaysian businessman' the phrase 'betting scandal' also springs to mind... :rolleyes:
 
We could do with concluding the deal quicker than "in a few months" before the drop in crowds/revenue and league position mean the whole thing needs to be renegotiated.
 
The gamble - invest money and hope for promotion, followed by sustained PL survival, followed by European footy = returns. Isn't this why anyone invests heavily in a football club? I suppose it depends how much cash you have in the first instance and how much of it you're prepared to gamble/invest in a plaything.
 
marshy said:
The gamble - invest money and hope for promotion, followed by sustained PL survival, followed by European footy = returns. Isn't this why anyone invests heavily in a football club? I suppose it depends how much cash you have in the first instance and how much of it you're prepared to gamble/invest in a plaything.
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That's a remarkably rosey view. I doubt Portsmouth fans, to mention just one club, would agree.
 
lenners said:
That's a remarkably rosey view. I doubt Portsmouth fans, to mention just one club, would agree.
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Bring me sunshine in your smile bring me laughter all a while
In this world where we live there should be more happiness
So much joy you can give to each brand new bright tomorrow
Make me happy through the years never bring me any tears
Let your arms be as warm as the sun from up above
Bring me fun bring me sunshine and bring me love

Bring me sunshine in your eyes bring me rainbows from the clear blue skies
Life's too short to be spent having anything but fun
We can be so content if we gather little sunbeams
Be light hearted darlin' all day long keep me singing a happy song
Let your arms be as warm as the sun from up above
Bring me fun bring me sunshine and bring me love
Bring me sunshine in your smile...
Bring me fun bring me sunshine and bring me love
 
lenners said:
That's a remarkably rosey view. I doubt Portsmouth fans, to mention just one club, would agree.
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Portsmouth wasn't an investment it was a takeover. But an interesting word or warning none the less.
 
I don't recall saying it always works, just as to why it happens.
 
lenners said:
So how is this 'investment' going to work? A rights issue? If he wants shares, why would he buy less than a controlling interest and have no power over how his investment performs? Particularly when that company is already up to its eyeballs in debt and can't assemble a full squad before the start of a football season?
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Its only a story on a website but does appear to have some credence. I guess we will find out some details as soon as they are ready. There are lots of reasons why a buyer would be motivated to spend his cash on SUFC. In YOUR view you seem to think we aren't much of an opportunity, but your view is pretty negative and there is no reason why some investor wouldn't find us attractive. You still havent fully accepted the notion that we are an international property business with a football club brand. The club has debts but debts that are offset by considerable assets and our profile (which you all poo-poo) of associations with other clubs to give us a wider appeal, and the Malta deal. It isn't hard to see us as a go-ahead club, not in your eyes maybe, but you only have to compare us to the mess in S6 to see how we could be seen as a good opportunity by someone keen to get into an English club...

lenners said:
The only reason a Malaysian with no interest in SUFC would invest would be to make money. How is this going to happen?
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I guess that Big Kev, Birchy and the fella are working that out. The main pay-off of any kind of deal is getting into the PL, and it wouldn't take that much in terms of squad improvement to get us there. Now that we have realigned the wage bill with reality, and largely repaired the financial damage of Robbo, and if the investor was willing to push some cash in for the next three years we have as good a chance as any to get up and stay there. One thing is for sure, Big Kev wont be sticking any more big sums in and if you want to achieve your dream of us being a top half PL side, then there are a limited range of options in how that can be achieved, unless you have a better idea of course...
 
In what way is SUFC an international property business?
 



lenners said:
So how is this 'investment' going to work? A rights issue? If he wants shares, why would he buy less than a controlling interest and have no power over how his investment performs?
Particularly when that company is already up to its eyeballs in debt and can't assemble a full squad before the start of a football season?
If he buys shares off McCabe, McCabe gets the money.
The only reason a Malaysian with no interest in SUFC would invest would be to make money. How is this going to happen?
Click to expand...

Len hundreds companies all over the world are bought and sold every day. The vast majority have debt. It really isnt rocket science. Its all about discounted future expected cash flows.
 
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