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Greene King sold to China then 18:55 - Aug 19 with 3920 viewshomer_123

https://www.bbc.co.uk/news/business-49400232

Ade Akinbiyi couldn't hit a cows arse with a banjo...
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Greene King sold to China then on 18:58 - Aug 19 with 2855 viewsbournemouthblue

It's a great news for everyone, particularly the beneficiaries of the sale presumably according to the Local News

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Greene King sold to China then on 19:07 - Aug 19 with 2811 viewsjaykay

if greene king had been sponsoring us ,taking over the town could have been part of the deal

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Greene King sold to China then on 19:14 - Aug 19 with 2805 viewsbluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.
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Greene King sold to China then on 19:15 - Aug 19 with 2813 viewsBlueBadger

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]

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Greene King sold to China then on 19:17 - Aug 19 with 2781 viewsfooters

Greene King sold to China then on 19:15 - Aug 19 by BlueBadger

So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]


At deflated prices?

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Greene King sold to China then on 19:19 - Aug 19 with 2771 viewsbluejacko

Greene King sold to China then on 19:15 - Aug 19 by BlueBadger

So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]


So the Chinese would not have invested if we stayed in the EU?
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Greene King sold to China then on 19:21 - Aug 19 with 2765 viewsfooters

Greene King sold to China then on 19:19 - Aug 19 by bluejacko

So the Chinese would not have invested if we stayed in the EU?


They're buying undervalued UK assets, you dope.
[Post edited 19 Aug 2019 19:21]

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Greene King sold to China then on 19:21 - Aug 19 with 2758 viewsBlueBadger

Greene King sold to China then on 19:19 - Aug 19 by bluejacko

So the Chinese would not have invested if we stayed in the EU?


Probably not, given the massively devalued pound.

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Greene King sold to China then on 19:30 - Aug 19 with 2717 viewsRocky

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


Investment? They've bought it to sell off GK's pubs.
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Greene King sold to China then on 19:33 - Aug 19 with 2712 viewsBLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.

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Greene King sold to China then on 19:34 - Aug 19 with 2685 viewsSpruceMoose

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


Lol. You is an idiot.

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Greene King sold to China then on 19:44 - Aug 19 with 2645 viewsfooters

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Great news for Global Britain!


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Greene King sold to China then on 19:47 - Aug 19 with 2636 viewsMullet

Greene King sold to China then on 19:30 - Aug 19 by Rocky

Investment? They've bought it to sell off GK's pubs.


Loads of GK pubs up here in prime real estate too.

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Greene King sold to China then on 19:47 - Aug 19 with 2633 viewsClapham_Junction

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Sadly an all-too-common modus operandi in the UK - care homes, Debenhams and more recently Network Rail (forced by the government to sell off their profit-making property portfolio).
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Greene King sold to China then on 19:50 - Aug 19 with 2612 viewsitfcjoe

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Pubco going back to being a property company, thought that fad had passed

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Greene King sold to China then on 20:00 - Aug 19 with 2550 viewsMarshalls_Mullet

Greene King sold to China then on 19:50 - Aug 19 by itfcjoe

Pubco going back to being a property company, thought that fad had passed


If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.

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Greene King sold to China then on 20:01 - Aug 19 with 2535 viewsfooters

Greene King sold to China then on 20:00 - Aug 19 by Marshalls_Mullet

If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.


Errr, Spoons?


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Greene King sold to China then on 20:01 - Aug 19 with 2532 viewsMarshalls_Mullet

Greene King sold to China then on 19:47 - Aug 19 by Clapham_Junction

Sadly an all-too-common modus operandi in the UK - care homes, Debenhams and more recently Network Rail (forced by the government to sell off their profit-making property portfolio).


Network Rails property portfolio was mainly made up of converted railway arches.

But you're right, it was income generating.

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Greene King sold to China then on 20:02 - Aug 19 with 2524 viewsMarshalls_Mullet

Greene King sold to China then on 20:01 - Aug 19 by footers

Errr, Spoons?



LOL. OK.

To be fair, they are good at what they do... for the market they operate in.

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Greene King sold to China then on 20:03 - Aug 19 with 2523 viewsitfcjoe

Greene King sold to China then on 20:00 - Aug 19 by Marshalls_Mullet

If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.


Not sure what is behind Ei buying Slug and Lettuce, they will be putting their own pubs out of business.

Punch seem to have focussed their mind since getting rid of all their pubs to Star, gone back to effectively their Pubmaster book of pubs which was much more manageable

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Greene King sold to China then on 20:06 - Aug 19 with 2496 viewsMarshalls_Mullet

Greene King sold to China then on 20:03 - Aug 19 by itfcjoe

Not sure what is behind Ei buying Slug and Lettuce, they will be putting their own pubs out of business.

Punch seem to have focussed their mind since getting rid of all their pubs to Star, gone back to effectively their Pubmaster book of pubs which was much more manageable


Stonegate bought EIG didnt they, but not sure what the strategy is.

EIG have some great sites, but couldnt operate a good pub if they tried.

I think Punch are owned by private equity (May Capital) with a property angle though?

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Greene King sold to China then on 20:07 - Aug 19 with 2492 viewsfooters

Greene King sold to China then on 20:02 - Aug 19 by Marshalls_Mullet

LOL. OK.

To be fair, they are good at what they do... for the market they operate in.


They keep a lot of very nice buildings going and serve cheap, semi-decent ale. I'm happy to drink in there, tbh!

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Please tell me you're one of our fans who thinks MEG is "asset stripping" ITFC on 20:08 - Aug 19 with 2486 viewsDyland

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


That would be deliciously and depressingly ironic :)

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Greene King sold to China then on 20:13 - Aug 19 with 2458 viewsMarshalls_Mullet

Greene King sold to China then on 20:07 - Aug 19 by footers

They keep a lot of very nice buildings going and serve cheap, semi-decent ale. I'm happy to drink in there, tbh!


Wouldn't disagree.

They are what they are.

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Greene King sold to China then on 20:18 - Aug 19 with 2429 viewsitfcjoe

Greene King sold to China then on 20:06 - Aug 19 by Marshalls_Mullet

Stonegate bought EIG didnt they, but not sure what the strategy is.

EIG have some great sites, but couldnt operate a good pub if they tried.

I think Punch are owned by private equity (May Capital) with a property angle though?


We used to do a few bits for Enterprise and they couldn't organise a p up in a brewery, no pun intended

Punch are owned by Patron now, but yep private equity - from what I've seen so far they are investing lots in the pubs, but also using dead areas of property to make money - i.e. the Golden Hind in Ipswich which had a huge area of land next to it behind houses which wasn't used and has now built houses on it whilst only losing a bit of pub car park

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