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[Football] Southampton supposedly being bought for £100m
- Thread starter London Irish
- Start date
According to my sauce whilst Sport Republic have raised £100m for the deal from shareholders the actual price they have paid to Gao is higher than that.
Gao bought 80% of Southampton for £208m but hasn’t put any money into the club itself. He was willing to accept a loss but not one as big as is being reported.
Gao bought 80% of Southampton for £208m but hasn’t put any money into the club itself. He was willing to accept a loss but not one as big as is being reported.
Investment strategy is to become a multi club ownership model, similar to Manchester City, Brentford, perhaps PIF and it could be argued Tony Bloom too.
Blue Valkyrie
Not seen such Bravery!
And Leicester ?
Neville's Breakfast
Well-known member
What’s the return ?
Depends on the owner objectives, in the case of City Football Group, it's the kudos of being successful, for other owners, it helps to de-risk the implications of relegation. Own one club and it gets relegated and you've got a financial problem (especially in the Premier League) own six clubs and it is highly improbable that all six will be relegated at the same time, so risk is reduced.
Barry Izbak
U.T.A.
My Saints friends falling in to the trap like Newcasyle and all the other magic free money appearing out of nowhere.
We're so lucky to have a fan in charge.
The only qualification potential owners seem to need is cash, and no one is too bothered where it came from.
We're so lucky to have a fan in charge.
The only qualification potential owners seem to need is cash, and no one is too bothered where it came from.