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It's been obvious from the start. We've got some serious (or even more serious) backing behind us now. Not that it'll help us with spending on the pitch but I expect the infrastructure projects will really take off now.
We're certainly a long way from poor old Lee O'Neill being hung out to dry by Evans and left to talk about the clubs 'long term strategy ' these days aren't we...😁😁
Personally what it does say that they don't think we will be promoted this year, or don't want to risk that we won't be. If they had waited a few months they might have made even more, but clearly didn't want to take the risk.
But it does put to bed the fact that we had some idea that ORG were going to stay long term as Ashton and the club keep banging on about, we're only two years in and already they've pretty much divested half their stake. Makes you look at Bristol City fan's view of him in a different light now.
But if they had waited a few more months, the opportunity (which others have said has been some time in the making*) may have gone. The timetable of financial dealings is not necessarily linked to the football calendar.
* And it's not like deals take five minutes to set up. How long were Gamechanger talking to Evans before he agreed to sell?
It's been obvious from the start. We've got some serious (or even more serious) backing behind us now. Not that it'll help us with spending on the pitch but I expect the infrastructure projects will really take off now.
It was a must and now shares the financial load.
Better to have investors rather than 1 investor imo.
Personally what it does say that they don't think we will be promoted this year, or don't want to risk that we won't be. If they had waited a few months they might have made even more, but clearly didn't want to take the risk.
But it does put to bed the fact that we had some idea that ORG were going to stay long term as Ashton and the club keep banging on about, we're only two years in and already they've pretty much divested half their stake. Makes you look at Bristol City fan's view of him in a different light now.
Hell of a lot of assumptions you're making there!
On point 1... conversely, surely this shows those investing think there's a good chance we will be promoted and they'll make an instant return!
On point 2... how does this put to bed the idea that ORG are staying long term? They're still the majority owner, just with another investor brought in. Selling a bit doesn't remotely suggest they're selling the lot!
And no, it's got nothing to do with Bristol City fans' views of Ashton.
Personally what it does say that they don't think we will be promoted this year, or don't want to risk that we won't be. If they had waited a few months they might have made even more, but clearly didn't want to take the risk.
But it does put to bed the fact that we had some idea that ORG were going to stay long term as Ashton and the club keep banging on about, we're only two years in and already they've pretty much divested half their stake. Makes you look at Bristol City fan's view of him in a different light now.
Moreover, buying now, when we're Championship and not guaranteed to go up, is cheaper and therefore allows more added value than purchasing an already Prem outfit whose value is unlikely to increase much more.
Moreover, buying now, when we're Championship and not guaranteed to go up, is cheaper and therefore allows more added value than purchasing an already Prem outfit whose value is unlikely to increase much more.
I would have thought the upto £105m is a valuation that includes promotion - i.e. £260m if we got up but a bit lower now.
I'm not going to jump to conclusions about this "Investment". What I would say is look at Asda and Morrisons as examples of Private equity takeovers and whilst I am glad to see it's not a complete takeover which limits their impact if in future Gamechanger completely sold out I would have concerns. We always knew Gamechanger weren't playing with firefighters pension fund for the fun of it and that at some stage money would have to be made. A little soon perhaps, but given that we don't at present have any superstars coming through the youth team this will perhaps lessen the need for the likes of Davis to be sold if we didn't achieve promotion. I would question the statement of being an investment as all that has happened is part of the club has been sold for a significant amount on the original investment and whilst I am by no means an expert I presume this money isn't put into the club ?
Blimey! I'd say 40% of the club being sold is pretty big news!
The existing owners have not sold 40% of the club. A new investor has put new funds in alongside the existing owners. The existing owner retains control of the club.
They've always said they would bring other investors in along the way.
This is interesting from the club.
You’ve now got a private equity investor wanting a short-term return (5 yrs typically) which might make us take a few more financial risks (and have less patience?), combined with the long-term stability of a pension fund continuing to own the majority stake.
That rollercoaster ride just got an extra launch phase
You’ve now got a private equity investor wanting a short-term return (5 yrs typically) which might make us take a few more financial risks (and have less patience?), combined with the long-term stability of a pension fund continuing to own the majority stake.
That rollercoaster ride just got an extra launch phase
Doesn't it depend on what they are investing in and where their returns come from.
Could it be that they're putting money in to build the training ground. Maybe something in the old staples plot.. which would get them their roi over time. And the plans with the council in regards to the PR revamp.
MA says a few weeks ago that there will be announcements on the Cobbold soon, then three weeks later we announce £105m of investment. (Palace's new stand is expected to be £150m)
If I had to guess, there will be no date for the new Cobbold, the club will keep saying 'medium to long term' but I think we'll have planing submitted to IBC by the end of the season to look at.
Doesn't it depend on what they are investing in and where their returns come from.
Could it be that they're putting money in to build the training ground. Maybe something in the old staples plot.. which would get them their roi over time. And the plans with the council in regards to the PR revamp.
Agree. Lots of “it depends” issues here.
Just typically from the PE side, it’s a 5 to 7 year return model so will be interesting to see how it changes the risk appetite of the club (or not)
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