Is there a network out there that has done well or anywhere near as well as an eggs in one basket set up?
I can't think of one and wouldn't class Watford as the obvious one as anything to admire.
If you want to own my club we should be good enough alone and more than enough to put your focus, resources and energies into ...rather than another investment in a portfolio of mediocrity.
Is there a network out there that has done well or anywhere near as well as an eggs in one basket set up?
I can't think of one and wouldn't class Watford as the obvious one as anything to admire.
If you want to own my club we should be good enough alone and more than enough to put your focus, resources and energies into ...rather than another investment in a portfolio of mediocrity.
Man City? - They've got Melbourne City and New York City amongst their portfolio
RB Leipzig | RB Salzburg | RB New York seem to be doing alright too
To be honest apart from them and Watford I dont know of too many networks out there - The two I mainly remember are when Man Utd used to send their kids to Royal Antwerp and Arsenal had that link with Germinal Beerschot who they used to get work permits but those are more similar to the links we had with Inter Milan and Valencia (i.e. the clubs werent each owned by the same person)
Is there a network out there that has done well or anywhere near as well as an eggs in one basket set up?
I can't think of one and wouldn't class Watford as the obvious one as anything to admire.
If you want to own my club we should be good enough alone and more than enough to put your focus, resources and energies into ...rather than another investment in a portfolio of mediocrity.
Man City? - They've got Melbourne City and New York City amongst their portfolio
RB Leipzig | RB Salzburg | RB New York seem to be doing alright too
To be honest apart from them and Watford I dont know of too many networks out there - The two I mainly remember are when Man Utd used to send their kids to Royal Antwerp and Arsenal had that link with Germinal Beerschot who they used to get work permits but those are more similar to the links we had with Inter Milan and Valencia (i.e. the clubs werent each owned by the same person)
I kind of agree with you, but in the case of the RB empire, each of the individual clubs has benefitted from investment that other clubs in that country could only dream of. That is why RB Leipzig are universally hated in Germany, because that investment was done on the sly.
Chill guys , nothing new so far. Tahnoon is in Bucharest but i still don’t trust this guys.
Right know we are in deep shit , we just lost another game 20 minutes ago , and we are in danger to relegate in second division. the supporters just purchased 10% from our Roland , but the situation is desperate.
i don’t trust this guys at all, I’ve told you this already and till now it seems that i am right. i
Chill guys , nothing new so far. Tahnoon is in Bucharest but i still don’t trust this guys.
Right know we are in deep shit , we just lost another game 20 minutes ago , and we are in danger to relegate in second division. the supporters just purchased 10% from our Roland , but the situation is desperate.
i don’t trust this guys at all, I’ve told you this already and till now it seems that i am right. i
So at the end of the season, Tahnoon could own 2 teams, one in the Romanian second division & one in the English third division - with luck like that etc
Chill guys , nothing new so far. Tahnoon is in Bucharest but i still don’t trust this guys.
Right know we are in deep shit , we just lost another game 20 minutes ago , and we are in danger to relegate in second division. the supporters just purchased 10% from our Roland , but the situation is desperate.
i don’t trust this guys at all, I’ve told you this already and till now it seems that i am right. i
So at the end of the season, Tahnoon could own 2 teams, one in the Romanian second division & one in the English third division - with luck like that etc
I don’t think he owns anything at this moment. It sounds like a conspiracy, but i think this guy is a fraud. time will tell.
i don’t think that we are going to relegate , it will be the first time in our history...we only played in the first division.
I will be commenting more fully on the nature of events in the next few days through other threads but some of you need to calm down. Social media has become a tool for unwarranted panic.
As far as I can determine ABDB is the name in the frame for the Romanian investment.
ABDB as a separate entity has no financial interest in Charlton Athletic Football Club.
His Excellency Tahnoon Nimer has a day job.
He is Chairman of ABDB.
As I said I will try to add some perspective to the churn that has recently evolved in the coming days. It will likely be lengthy, detailed and I will give you no more guarantees about our future than anyone else but the hysteria serves absolutely no one.
Some of you however need to take a serious look at yourselves, at the history of this club and your expectations in relation to todays Professional Football Industry. Just how many times do we have to travel the same loop before it registers.
This industry stopped being a corner shop enterprise zone decades ago.
No one but no one turns round a business which has been in decline for over a decade, unless the slate has been swiped clean through administration, in a matter of weeks.
To get this right is going to take the long strategic planning and investment of which the club has been completely devoid for far, far too long, certainly considerably longer than 10 weeks.
Network clubs arent an issue... PROVIDED that they're ran properly
Roland's setup could have worked but he was an idiot who didnt have a clue how to run it properly
There arent enough signs that Nimer knows how to run it properly or not so the jury remains out
Too many knee jerk reactions without any evidence for it to be deserved so far
Mate, he's not even bought our ground or training ground and you're happy for him to be doing deals to buy other clubs? I'm sorry but that is bonkers. Until everything is done at dusted with us he shouldn't even be having talks with other clubs.
I am sorry to shout but what do you not understand?
HOW DOES AN ENTIRELY DIFFERENT CORPORATE ENTITY BUYING INTO A ROMANIAN FOOTBALL CLUB HAVE ANYTHING TO DO WITH CHARLTON ATHLETIC FOOTBALL CLUB.
HETahnoon Nimer has a duty as a Director and beneficial owner to serve the interests of Charlton Athletic Football Club.
HE Tahnoon Nimer has a duty as Chairman of ABDB to serve its interests in representing that organisation in the pursuit of its investment targets.
One is a personal professional commitment the other is a professional professional commitment.
I was under the impression when ESI were asked about this rumour in January they advised they could not comment as they had no connection to ABDB. Do you understand those words?
So it is neither bonkers or a pisstake.
It is standard friggin practice.
Working Retail and Corporate Banking where a client has his Business and Personal Accounts you have two entirely different conversations.
When talking about the Business the focus is on the banks services to and the individuals duty and performance in serving that Business. Their personal interests in both areas are entirely secondary.
If they wish to discuss their personal financial requirements it is an entirely different conversation.
You and they would conflate the two at your peril because all too often there is a danger of creating a conflict of interest which will serve no one.
Now IF HE has misled ESI and us you have a valid argument but you have no evidence such is the case.
When will this never ending rush to judgement without the facts ever end. It is reckless and counter productive.
Let's be honest. The transfer window was a complete shower of shit for us.
I'm really curious out of McGeady, Davis and Smith who was the one that wanted to know Bowyers future before they signed!?!
A complete crock of shit. They didn't want to get Bowyer on a long term deal. Not because they didn't think he could do a job. It was because he was a long term expense. it was only the sheer terror of the fans breathing down their necks that really forced their hands.
This whole debacle has the look and feel of another f***d up experiment which is no doubt doomed to failure.
I will be commenting more fully on the nature of events in the next few days through other threads but some of you need to calm down. Social media has become a tool for unwarranted panic.
As far as I can determine ABDB is the name in the frame for the Romanian investment.
ABDB as a separate entity has no financial interest in Charlton Athletic Football Club.
His Excellency Tahnoon Nimer has a day job.
He is Chairman of ABDB.
As I said I will try to add some perspective to the churn that has recently evolved in the coming days. It will likely be lengthy, detailed and I will give you no more guarantees about our future than anyone else but the hysteria serves absolutely no one.
Some of you however need to take a serious look at yourselves, at the history of this club and your expectations in relation to todays Professional Football Industry. Just how many times do we have to travel the same loop before it registers.
This industry stopped being a corner shop enterprise zone decades ago.
No one but no one turns round a business which has been in decline for over a decade, unless the slate has been swiped clean through administration, in a matter of weeks.
To get this right is going to take the long strategic planning and investment of which the club has been completely devoid for far, far too long, certainly considerably longer than 10 weeks.
I am sorry to shout but what do you not understand?
HOW DOES AN ENTIRELY DIFFERENT CORPORATE ENTITY BUYING INTO A ROMANIAN FOOTBALL CLUB HAVE ANYTHING TO DO WITH CHARLTON ATHLETIC FOOTBALL CLUB.
HETahnoon Nimer has a duty as a Director and beneficial owner to serve the interests of Charlton Athletic Football Club.
HE Tahnoon Nimer has a duty as Chairman of ABDB to serve its interests in representing that organisation in the pursuit of its investment targets.
One is a personal professional commitment the other is a professional professional commitment.
I was under the impression when ESI were asked about this rumour in January they advised they could not comment as they had no connection to ABDB. Do you understand those words?
So it is neither bonkers or a pisstake.
It is standard friggin practice.
Working Retail and Corporate Banking where a client has his Business and Personal Accounts you have two entirely different conversations.
When talking about the Business the focus is on the banks services to and the individuals duty and performance in serving that Business. Their personal interests in both areas are entirely secondary.
If they wish to discuss their personal financial requirements it is an entirely different conversation.
You and they would conflate the two at your peril because all too often there is a danger of creating a conflict of interest which will serve no one.
Now IF HE has misled ESI and us you have a valid argument but you have no evidence such is the case.
When will this never ending rush to judgement without the facts ever end. It is reckless and counter productive.
The name might be different but it’s the same people / person involved, not very difficult to see why that’s concerning with everything they have / haven’t done at Charlton already.
@Grapevine49For once I don't agree with you. This isn't a corporate investigation. You ask what on earth ABDB buying Dinamo has to do with ESI buying Charlton? The answer is Tahnoon Nimer, who will be the final decision maker behind two clubs and responsible for funding decisions. I don't think people much care if the corporate world views them technically separate entities. He is the man behind them both.
HP I frankly would expect better from you. Is that the best you can offer? Dispute one word I have said as not being factual.
CB - Talk about conflating issues - what precisely has the actions or non actions undertaken by ESI during the transfer window have to do with ABDB?
THEY ARE DIFFERENT BUSINESSES WITH A DIFFERENT BENEFICIAL OWNER.
I will happily discuss the merits or other wise of the ESI performance within the January transfer window when I can find the time indeed if you look back to my comments in January you will see my clear aspirations in the matter. It has absolutely fuck all to do with ABDB.
Where is there one line in any documentation financially linking ABDB to ESI? If you can find one you had better send it to the EFL because I am pretty certain ESI in submitting their credentials to the EFL made clear no such link existed.
Who knows they could revoke the ESI licence and then lets see where that leaves us?
HP I frankly would expect better from you. Is that the best you can offer? Dispute one word I have said as not being factual.
CB - Talk about conflating issues - what precisely has the actions or non actions undertaken by ESI during the transfer window have to do with ABDB?
THEY ARE DIFFERENT BUSINESSES WITH A DIFFERENT BENEFICIAL OWNER.
I will happily discuss the merits or other wise of the ESI performance within the January transfer window when I can find the time indeed if you look back to my comments in January you will see my clear aspirations in the matter. It has absolutely fuck all to do with ABDB.
Where is there one line in any documentation financially linking ABDB to ESI? If you can find one you had better send it to the EFL because I am pretty certain ESI in submitting their credentials to the EFL made clear no such link existed.
Who knows they could revoke the ESI licence and then lets see where that leaves us?
But they both have Tahoon involved, of course their is a link.
Two separate things ABDB are loaded and can afford to buy The Valley HE Tahnoon Nimer is skint in comparison and is seeking investment from others to be able to buy The Valley
@Grapevine49For once I don't agree with you. This isn't a corporate investigation. You ask what on earth ABDB buying Dinamo has to do with ESI buying Charlton? The answer is Tahnoon Nimer, who will be the final decision maker behind two clubs and responsible for funding decisions. I don't think people much care if the corporate world views them technically separate entities. He is the man behind them both.
Exactly this.
How Grapevine can go off on one protesting there's no link and they're completely separate is beyond me. Nimer is involved in ESI, Nimer is involved in ADBD.
Saints preserve us. There is a link between an individual and the Companies they own BUT THEY ARE SEPARATE LEGAL AND FINANCIAL ENTITIES.
That is why companies are called Limited so as to limit the business liabilities from the individual.
It is not a nicety it is a financial reality.
In this case they ARE two separates companies WITH NO FINANCIAL LINKS.
ESI funding comes from his personal investment and secured investors.
ADBD (apologies for the mistype) funding comes from their investors.
That there is a common directorate is totally irrelevant.
I tell you what guys I am just going to let you wallow in it - it really is not worth the effort.
This club has been in the mire for 12yrs. It should have gone into Administration in 2010 instead it restructured where existing directors and investors wrote off millions, parked £7mn in contingent secured loans and passed the rest of the outstanding trading debt circa £10mn onto the Slater, Jiminez & Cash? regime
Someone questioned due diligence - it works both ways - who the hell did due diligence on the SJC financial structure.
Have you read the Judgement of Mr Justice Green released 20/12/2017 in the case of Kashkouri v Jiminez and Cash. SJC finance involved 4 key individuals, 10 Corporate Organisations and 2 Family Trusts across 2 legal jurisdictions and disciplines. Mr Justice Green I believe even references the funding from The Rose Trust as a bridging Loan.
Fast forward to November 2013 when all prospective buyers had melted away the club should have again gone into Administration as the SJC regime had rolled on the trading debt to circa £18mn with the £7mn contingent liabilities still in tow.
Enter M.Duchatelet in December 2013 who picks up the trading debt accrued over the preceding 6 years and keen to get a quick deal managed to get contracts exchanged within the month, pay a deposit (which emails suggest enabled the club to continue trading and allegedly help Les Bordes) before completing by 3rd January 2014.
Due diligence on 4 key individuals, 10 Corporate Organisations and 2 Family Trusts across 2 legal jurisdictions and disciplines inside that timeframe - really?
I tell you what go read the 20/12/2017 judgement it's only 69 pages long. Without a raft of BVI affidavits or a personal guarantee from M Duchatelet backed by a Clear Title Insurance Policy I am not sure I would want to touch any part of The Valley and Sparrow Lane freeholds at anywhere near proper market value.
So moving on financially what does M.Duchatelet do? He just rolls on with the trading debt accumulator and fast forward to December 2019 where it has now been rolled up to a collective £70mn plus the now circa £6mn contingent liabilities.
Effectively 12 yrs trading debt just sitting there, which with the investor write offs and the contingent liabilities not to mention the exceptional transfer receipts of circa £80mn over the period poses the question what the fuck has been going on.
So where we sit today has precious little to do with the past 12 weeks it has every thing to do with the past 12yrs.
If it helps I actually believe an organisation with access to the individuals who are both long involved and professionally skilled in the investment market will likely provide access to the funding the club needs to survive and prosper in the longer term but there is nothing new here.
The club has contingents liabilities to 7 ex directors dating back to 2010. If that is not a Consortium what is? I have detailed the finance behind SJC. I will not list the details again.
Every future interested party who comes to the party will likely carry the same baggage be they US, Swiss, Indian, Australian, or Brits. Even Mr Dalman will have had his investors in tow. It is not just a question of the sums involved though clearly that is important it is a matter of contingency, of margins and crucially in spreading risk.
If there is an owner, Executive Chairman, CEO or CFO operating at PL or Championship club today not talking to investors they are not doing their job.
Take our nearest rivals who in terms of financial and operational stability are now 5-10 years ahead of us, both have brought in external investment to meet their different market needs.
HE Tahnoon Nimer and Mr Heller talk to investors for a living
Whether ESI ultimately has the skills to make it work only time will tell.
And with that ladies and gentlemen I bid you a very fond farewell. I shall remain an avid If selective reader.
Understand @Grapevine49's comparison between HE's private investment (CAFC) and his professional investments for ADBD.
However, my concern is that we were led to believe that HE had the full backing of ADBD to assist in driving forward his aspirations for CAFC - so there is a direct link between his private and professional investments.
Understand @Grapevine49's comparison between HE's private investment (CAFC) and his professional investments for ADBD.
However, my concern is that we were led to believe that HE had the full backing of ADBD to assist in driving forward his aspirations for CAFC - so there is a direct link between his private and professional investments.
So they’ve taken on Charlton without investors in place , well fingers crossed these mug punters want to come in and “invest” in the good shitship Charlton
Assumptions, assumptions and yet more assumptions!! We seem, in the main, to be very good at discussing things we clearly do not know, based on snippets posted on here by others. I've said before and I'll say it again HE said he would be publishing their 5 year plan (although granted he didn't say when) so that the fans could see what they are. I understand, that as we are in a relegation battle and the January transfer window was a damp squib, fans are concerned about ESI's motives, or whether they have the funding, BUT they've said there is a legal obligation to buy The Valley and Sparrows Lane within 6 months from taking over, so by my reckoning that would be 30th June 2020. @Grapevine49 has tried to explain the difference between ESI and ADBD, and I would urge people to see if ESI and Matt Southall are good for their word. If they don't buy the aforementioned properties and they don't invest in the squad in the summer, then yes lets take them to task, but the immediate issue is to hope that we avoid relegation. I read on many forums how people have been told this and told that, they know for certain ESI have no money etc. etc. and the 'news' seems to be self-fulfilling!! Well if people think this is true then I would ask CAST to contact the club and see if they can get any clarification or at the very least ask for a date the 5 year plan is going to be made public. Until then we have two choices, keep up with the assumptions without actual proof of anything, or accept that in 12 weeks time or so, we will know one way or the other. I will be sending an email to the club over the next few days asking for some clarification on the assumptions being made, just in case CAST do not feel obliged at the current time so to do. In the meantime we have got to try and support LB and the team from wherever we are in the world to win as many matches as possible to avoid relegation.
Comments
I can't think of one and wouldn't class Watford as the obvious one as anything to admire.
If you want to own my club we should be good enough alone and more than enough to put your focus, resources and energies into ...rather than another investment in a portfolio of mediocrity.
RB Leipzig | RB Salzburg | RB New York seem to be doing alright too
To be honest apart from them and Watford I dont know of too many networks out there - The two I mainly remember are when Man Utd used to send their kids to Royal Antwerp and Arsenal had that link with Germinal Beerschot who they used to get work permits but those are more similar to the links we had with Inter Milan and Valencia (i.e. the clubs werent each owned by the same person)
Tahnoon is in Bucharest but i still don’t trust this guys.
the supporters just purchased 10% from our Roland , but the situation is desperate.
i don’t trust this guys at all, I’ve told you this already and till now it seems that i am right.
i
time will tell.
i don’t think that we are going to relegate , it will be the first time in our history...we only played in the first division.
I will be commenting more fully on the nature of events in the next few days through other threads but some of you need to calm down. Social media has become a tool for unwarranted panic.
As far as I can determine ABDB is the name in the frame for the Romanian investment.
ABDB as a separate entity has no financial interest in Charlton Athletic Football Club.
His Excellency Tahnoon Nimer has a day job.
He is Chairman of ABDB.
As I said I will try to add some perspective to the churn that has recently evolved in the coming days. It will likely be lengthy, detailed and I will give you no more guarantees about our future than anyone else but the hysteria serves absolutely no one.
Some of you however need to take a serious look at yourselves, at the history of this club and your expectations in relation to todays Professional Football Industry. Just how many times do we have to travel the same loop before it registers.
This industry stopped being a corner shop enterprise zone decades ago.
No one but no one turns round a business which has been in decline for over a decade, unless the slate has been swiped clean through administration, in a matter of weeks.
To get this right is going to take the long strategic planning and investment of which the club has been completely devoid for far, far too long, certainly considerably longer than 10 weeks.
A bientot
Love it.
The timings of the post in itself is a pisstake.
I am sorry to shout but what do you not understand?
HOW DOES AN ENTIRELY DIFFERENT CORPORATE ENTITY BUYING INTO A ROMANIAN FOOTBALL CLUB HAVE ANYTHING TO DO WITH CHARLTON ATHLETIC FOOTBALL CLUB.
HETahnoon Nimer has a duty as a Director and beneficial owner to serve the interests of Charlton Athletic Football Club.
HE Tahnoon Nimer has a duty as Chairman of ABDB to serve its interests in representing that organisation in the pursuit of its investment targets.
One is a personal professional commitment the other is a professional professional commitment.
I was under the impression when ESI were asked about this rumour in January they advised they could not comment as they had no connection to ABDB. Do you understand those words?
So it is neither bonkers or a pisstake.
It is standard friggin practice.
Working Retail and Corporate Banking where a client has his Business and Personal Accounts you have two entirely different conversations.
When talking about the Business the focus is on the banks services to and the individuals duty and performance in serving that Business. Their personal interests in both areas are entirely secondary.
If they wish to discuss their personal financial requirements it is an entirely different conversation.
You and they would conflate the two at your peril because all too often there is a danger of creating a conflict of interest which will serve no one.
Now IF HE has misled ESI and us you have a valid argument but you have no evidence such is the case.
When will this never ending rush to judgement without the facts ever end. It is reckless and counter productive.
I'm really curious out of McGeady, Davis and Smith who was the one that wanted to know Bowyers future before they signed!?!
A complete crock of shit. They didn't want to get Bowyer on a long term deal. Not because they didn't think he could do a job. It was because he was a long term expense. it was only the sheer terror of the fans breathing down their necks that really forced their hands.
This whole debacle has the look and feel of another f***d up experiment which is no doubt doomed to failure.
When will these chancers leave us alone??
HP I frankly would expect better from you. Is that the best you can offer? Dispute one word I have said as not being factual.
CB - Talk about conflating issues - what precisely has the actions or non actions undertaken by ESI during the transfer window have to do with ABDB?
THEY ARE DIFFERENT BUSINESSES WITH A DIFFERENT BENEFICIAL OWNER.
I will happily discuss the merits or other wise of the ESI performance within the January transfer window when I can find the time indeed if you look back to my comments in January you will see my clear aspirations in the matter. It has absolutely fuck all to do with ABDB.
Where is there one line in any documentation financially linking ABDB to ESI? If you can find one you had better send it to the EFL because I am pretty certain ESI in submitting their credentials to the EFL made clear no such link existed.
Who knows they could revoke the ESI licence and then lets see where that leaves us?
HE Tahnoon Nimer is skint in comparison and is seeking investment from others to be able to buy The Valley
But there is ADBD.
How Grapevine can go off on one protesting there's no link and they're completely separate is beyond me. Nimer is involved in ESI, Nimer is involved in ADBD.
There's your link, end of story.
That is why companies are called Limited so as to limit the business liabilities from the individual.
It is not a nicety it is a financial reality.
In this case they ARE two separates companies WITH NO FINANCIAL LINKS.
ESI funding comes from his personal investment and secured investors.
ADBD (apologies for the mistype) funding comes from their investors.
That there is a common directorate is totally irrelevant.
I tell you what guys I am just going to let you wallow in it - it really is not worth the effort.
This club has been in the mire for 12yrs. It should have gone into Administration in 2010 instead it restructured where existing directors and investors wrote off millions, parked £7mn in contingent secured loans and passed the rest of the outstanding trading debt circa £10mn onto the Slater, Jiminez & Cash? regime
Someone questioned due diligence - it works both ways - who the hell did due diligence on the SJC financial structure.
Have you read the Judgement of Mr Justice Green released 20/12/2017 in the case of Kashkouri v Jiminez and Cash. SJC finance involved 4 key individuals, 10 Corporate Organisations and 2 Family Trusts across 2 legal jurisdictions and disciplines. Mr Justice Green I believe even references the funding from The Rose Trust as a bridging Loan.
Fast forward to November 2013 when all prospective buyers had melted away the club should have again gone into Administration as the SJC regime had rolled on the trading debt to circa £18mn with the £7mn contingent liabilities still in tow.
Enter M.Duchatelet in December 2013 who picks up the trading debt accrued over the preceding 6 years and keen to get a quick deal managed to get contracts exchanged within the month, pay a deposit (which emails suggest enabled the club to continue trading and allegedly help Les Bordes) before completing by 3rd January 2014.
Due diligence on 4 key individuals, 10 Corporate Organisations and 2 Family Trusts across 2 legal jurisdictions and disciplines inside that timeframe - really?
I tell you what go read the 20/12/2017 judgement it's only 69 pages long. Without a raft of BVI affidavits or a personal guarantee from M Duchatelet backed by a Clear Title Insurance Policy I am not sure I would want to touch any part of The Valley and Sparrow Lane freeholds at anywhere near proper market value.
So moving on financially what does M.Duchatelet do? He just rolls on with the trading debt accumulator and fast forward to December 2019 where it has now been rolled up to a collective £70mn plus the now circa £6mn contingent liabilities.
Effectively 12 yrs trading debt just sitting there, which with the investor write offs and the contingent liabilities not to mention the exceptional transfer receipts of circa £80mn over the period poses the question what the fuck has been going on.
So where we sit today has precious little to do with the past 12 weeks it has every thing to do with the past 12yrs.
If it helps I actually believe an organisation with access to the individuals who are both long involved and professionally skilled in the investment market will likely provide access to the funding the club needs to survive and prosper in the longer term but there is nothing new here.
The club has contingents liabilities to 7 ex directors dating back to 2010. If that is not a Consortium what is? I have detailed the finance behind SJC. I will not list the details again.
Every future interested party who comes to the party will likely carry the same baggage be they US, Swiss, Indian, Australian, or Brits. Even Mr Dalman will have had his investors in tow. It is not just a question of the sums involved though clearly that is important it is a matter of contingency, of margins and crucially in spreading risk.
If there is an owner, Executive Chairman, CEO or CFO operating at PL or Championship club today not talking to investors they are not doing their job.
Take our nearest rivals who in terms of financial and operational stability are now 5-10 years ahead of us, both have brought in external investment to meet their different market needs.
HE Tahnoon Nimer and Mr Heller talk to investors for a living
Whether ESI ultimately has the skills to make it work only time will tell.
And with that ladies and gentlemen I bid you a very fond farewell. I shall remain an avid If selective reader.
It has been fun.
However, my concern is that we were led to believe that HE had the full backing of ADBD to assist in driving forward his aspirations for CAFC - so there is a direct link between his private and professional investments.
Fully agreed @Grapevine49