La Grande Inter
La Grande Inter
- Mar 4, 2004
- Favorite Player
10 years of FIF
Do not want PIF anywhere close to Inter
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Yeah, but it's a good start for the valuation. Who knows what a premium would be esp with their share voting structure. Anyway.Thats just market cap. Its works only if you want to buy a few shares of Man Utd. Thats not valuation, if you want to buy the club or a majority stake you may have to pay a hell of a lot more.
For eg, Roma's market cap is only €220m. Yet Dan Friedkin paid €600m to buy the club.
that valuation includes the debt1 billion for an asset that loses 150-200mil a season, and will require substantial funding to be a going concern (say 500mil?)
you could *almost* buy Man Utd for that. A club that generates like 100m a season in profit, has its own stadium, etc.
1 billion valuation for Inter is a joke to be honest.
For that reason, if they are really into investing in us, it will be either as a co-owner or a major shareholder owning less than 50% of shares. And actually that's how they wanted to invest in us originally. Back in February, there were talks of them buying 30% of our shares or forming a consortium with Fortress (US hedge fund) to buy the club outright. There could also be other ways to work around the rule if they have the will. But I doubt there has been any serious interest in the first place.The rules say that no one can have ownership of more than 1 club participating in UEFA tournaments.
5.01. To ensure the integrity of the UEFA club competitions, the following criteria apply:
no club participating in a UEFA club competition may, either directly or indirectly:
hold or deal in the securities or shares of any other club participating in a UEFA club competition,
be a member of any other club participating in a UEFA club competition,
be involved in any capacity whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club competition, or
have any power whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club competition;
In case this happens, the club with highest coeff gets the UEFA competition spot. So Newcastle fans would stop celebrating