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Takeover talk

DCSPUR

Well-Known Member
Apr 15, 2005
3,918
5,415
http://www.arabnews.com/node/1133806/business-economy

British financier Amanda Staveley ponders deals for Liverpool, Tottenham football clubs

LONDON: Amanda Staveley, the financial entrepreneur who has done deals worth billions of dollars in the Arabian Gulf, is considering deals involving two English Premier League football clubs, Arab News can reveal.

In an exclusive interview in London, Staveley — who runs the $28 billion private equity fund PCP Capital Partners — said that she thought the multibillion-dollar English football business was “an attractive investment.” PCP is an investment vehicle for sovereign investors in the Arabian Gulf and Asia.

Staveley has extensive experience of the world of football. She was involved in an ultimately aborted 2007 deal that saw Dubai investors attempting to buy Liverpool football club; and in 2008 she advised the vendors of Manchester City in the £210 million purchase of the club by Sheikh Mansour bin Zayed Al-Nahyan of Abu Dhabi.

Staveley declined to identify the clubs she is interested in, but they are believed to be Liverpool and Tottenham Hotspur.

A potential deal for Liverpool is believed to be the more advanced. Last year, a £1 billion bid was halted after news of an approach by Chinese investors leaked prematurely. The current owner, the US-based Fenway Sports Group, insisted the club is not for sale. But a new higher offer might succeed, according to people familiar with the situation.

The other possible acquisition is of Tottenham Hotspur, the north London club. There have been tentative talks with the club’s owners but any potential offer is thought to be some way off, sources told Arab News. There is no certainty either deal will materialize.

Tottenham is in the middle of building a new £800 million stadium and any sale is thought unlikely until after that is completed. The owner, Bahamas-based billionaire Joe Lewis, is thought to have put a £2 billion price tag on the club after its new stadium opens.

Tottenham recently denied it was in talks with a fund invested by Facebook owner Mark Zuckerberg for a £1 billion takeover.

Staveley also talked of her enthusiasm for the opportunities offered by the transformation underway in Saudi Arabia, with the initial public offering of Saudi Aramco worth an estimated $100 billion scheduled for next year, and an additional $200 billion privatization program in the Kingdom.

“There are lots of things we want to do in Saudi Arabia. Technology investment is a big opportunity for us, and PCP has got a big Shariah-finance side,” Staveley told Arab News.

“I’m very excited about what is happening in Saudi Arabia. There are big opportunities in infrastructure, funded by local bonds. We’ve done $7 billion to date in the Gulf in bond deals.”

not a big fan of the Pool but wouldn't wish it on them....
 

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
I'm not as down on a well management fund buying Enic out, especially one as big as reported. At the end the day they view us the same as ENIC which is an asset. And their goal would be to build the brand with the companies already in their portfolio our sponsorship deals would be immense.
Asset stripping really wouldn't be a worry because the big money would come from the resale. Look at Liverpool for instance Hicks and Gillet made something like 200-300million in 3years just In the sale to FSG.

No they didn't. The banks seized hold of liverpool after the crash and sold it out from under h&g. The banks took what was owed and gave h&g what was left over (which wasn't much. Liverpool almost went into administration.

https://www.google.co.uk/amp/www.li...llett-living-nightmare-liverpool-10269266.amp
 

titan

Well-Known Member
Jul 2, 2013
123
253
No they didn't. The banks seized hold of liverpool after the crash and sold it out from under h&g. The banks took what was owed and gave h&g what was left over (which wasn't much. Liverpool almost went into administration.

https://www.google.co.uk/amp/www.li...llett-living-nightmare-liverpool-10269266.amp

It was sold out from underneath them. Thought one of the stipulations of the sale was that FSG assume the debt and pay off a portion of it after the takeover which is what they did no? H&g went to court because they feel they could have gotten more no? I remember someone offering them 500million for the club and they turned it down and that's what initiated the banks and the other board members turning on them and forcing the sale.
The point I was trying to make was that the big dollars come from letting the club appreciate 2x,5x,then selling up. How much did ENIC buy the club for, how much is it worth now?
 

hellava_tough

Well-Known Member
Apr 21, 2005
9,429
12,382
People will be more accepting about this one solely because its another brit

As far as I can tell, Staveley isn't buying the club, she's just a broker

It would more likely be one of the Arab States that would make an offer, with Staveley acting as an mediator
 

Pellshek

Well-Known Member
Dec 30, 2015
2,509
7,289
I see zero synergy between Disney and a European soccer club/brand/franchise, barring some major change in corporate direction by Disney. The article itself is pure speculation based on pretty much nothing concrete as far as I can see.
 

yido_number1

He'll always be magic
Jun 8, 2004
8,646
16,809
Logical exit point from an investor's stand point would be delivering the stadium and then exiting to realise the fullest value. I'd say Levy and Lewis may have some sentimental ties and want to see us play in the new stadium and maybe even lift a trophy. Anyone investing would also look to have the stadium built and just come into an operating profit that would in time pay off the debt.
 

absolute bobbins

Am Yisrael Chai
Feb 12, 2013
11,649
25,962
I see zero synergy between Disney and a European soccer club/brand/franchise, barring some major change in corporate direction by Disney. The article itself is pure speculation based on pretty much nothing concrete as far as I can see.
Disney own ESPN and are buying up many 21st Century Fox assets including Sky, including the German and Italian arms.

However, as you said the article is pointless
 

Donki

Has a "Massive Member" Member
May 14, 2007
14,451
18,966
If Apple bought Tottenham, @TaoistMonkey would be like...

Fap-Meme-min.jpg
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
It’s funny you have to wonder what the ENIC out mob Actually want. Their agenda seems to revolve mainly around spending money. Which will only happen on a level to compete with city if we are taken over by the mega rich. But then I’m sure they’ll moan we have sold out and become plastic.
 

Wheeler Dealer

Well-Known Member
Jul 29, 2011
6,863
12,282
Logical exit point from an investor's stand point would be delivering the stadium and then exiting to realise the fullest value. I'd say Levy and Lewis may have some sentimental ties and want to see us play in the new stadium and maybe even lift a trophy. Anyone investing would also look to have the stadium built and just come into an operating profit that would in time pay off the debt.

Lewis is 81 years old, very wealthy and successful. If he does sell club for massive profit, what's he going to do with the money that he'll add to his already impressive stock pile of cash..
 

TheChosenOne

A dislike or neg rep = fat fingers
Dec 13, 2005
47,874
49,708
Disney takeover ?

Cue rest of Premier League and beyond forever chortling "They always were a Mickey Mouse club"
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
Lewis is 81 years old, very wealthy and successful. If he does sell club for massive profit, what's he going to do with the money that he'll add to his already impressive stock pile of cash..

Not really sure what point you’re trying to make. But trust me people like that will want to make money till their last breathe. It’s just in their DNA to make money.
 
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