Unnamed Middle Eastern firm hold interest in buying Leicester City

[Tommy G]

Any kind of buyer will be in the headspace that they can pick up a club with good history, a world class training ground and relatively modern stadium off an owner who has an appetite to sell due to his own financial situation and the substantial sunk costs King Power have lobbed in (~£500m) 

 

At the right price there will be a few investors that can make a turn here, let’s say he gets £150m- £200m for it, should we get near the PL again you could 2.5x that price quite easily  - it will probably need a further £150m investment along the way but there is a pathway to a decent exit value and I’m guessing this is how citigroup will position it. If it wasn’t leaked in the press that it was Middle East interest this would of been perfectly lined up for private equity.
 

Lets assume it’s a Middle East investor they will see this as a bargain rather than an oven ready PL club - who will all demand top money with no real ability to grow the value of the club due to PSR restrictions. 

[MPH]

59 minutes ago, Scotch said:

I'm not sure exactly what type it is but he's has been reported to be getting cancer treatment fo some time now. 

 

brain cancer. He’s been battling it since 2015.. it’s allegedly worsening and he could be incapacitated by 2028-29 is what is being estimated 

[Ric Flair]

9 minutes ago, Tommy G said:

Any kind of buyer will be in the headspace that they can pick up a club with good history, a world class training ground and relatively modern stadium off an owner who has an appetite to sell due to his own financial situation and the substantial sunk costs King Power have lobbed in (~£500m) 

 

At the right price there will be a few investors that can make a turn here, let’s say he gets £150m- £200m for it, should we get near the PL again you could 2.5x that price quite easily  - it will probably need a further £150m investment along the way but there is a pathway to a decent exit value and I’m guessing this is how citigroup will position it. If it wasn’t leaked in the press that it was Middle East interest this would of been perfectly lined up for private equity.
 

Lets assume it’s a Middle East investor they will see this as a bargain rather than an oven ready PL club - who will all demand top money with no real ability to grow the value of the club due to PSR restrictions. 

You know better than I but I struggle to see where the value is in us, whilst we aren't a normal League One club. No club at that level or even Championship fodder are worth £150m + 

 

I think the training ground is such a ghostly asset, it's more of a burden than a positive but KP would need/want a massive figure to sell which is why I don't think it happens and instead will be admin eventually in the next 18 months. 

 

 

[Tommy G]

3 minutes ago, Ric Flair said:

You know better than I but I struggle to see where the value is in us, whilst we aren't a normal League One club. No club at that level or even Championship fodder are worth £150m + 

 

I think the training ground is such a ghostly asset, it's more of a burden than a positive but KP would need/want a massive figure to sell which is why I don't think it happens and instead will be admin eventually in the next 18 months. 

 

 

I’m plucking figures out the air a bit but I’m assuming they will want that kind of number given the training ground and stadium, we will claim to attribute some value to the playing squad plus they can dream up a figure of what “brand lcfc” is worth. 
 

It will go for significantly less than the ~£500m they have lobbed in and their advisors will tell them it’s better to get something than nothing, which is where we could be heading as you say. 

[Jattdogg]

2 hours ago, MPH said:

Now I want to apologize firstly for the pandemonium this post has the potential to cause. Let me be sure, this is the apology, ok?   

 

 

 

back in May 20206, Turki AlalShikh announced he was looking into the possibility of buying an English football club.

There have been some rumors he was in talks about investing in Derby County and that there was currently a due diligence process going on with regards to his suitability as an owner of an English football club.

 

 

 

just leaving that there…..

Are you a time traveler come back to let us know that KP finally agreed to sell us whilst we were in the 18th tier of the scottish football league? We are so back baby! What a time to be alive!  Is Infantino still running FIFA and are Argentina still ****s?

 

 

[Manwell Pablo]

59 minutes ago, Brizzle Fox said:

Nope. I think people are just throwing the name out there, as he's someone recognisable from the Middle East.

 

Although he has been fluttering his eyelashes at, and been shown the door by multiple EFL clubs, so it could be that he's finally reached us...

 

Feels however with how we've had multiple reputable outlets reporting this today, that we will find out something a bit more concrete quite shortly.

yeah I know he’s had a look at Derby and Wednesday among others. 
 

I’d prefer it not to be him tbh but there are worse people around from that region, far better as well he’s a dodgy scumbag, but he’s committed to sport at least and keeps his eyes on the ball. 

[Manwell Pablo]

Just had a message through that makes it sound like the negotiation is going well, 

 

No details on who it is though. 

[MPH]

2 minutes ago, Manwell Pablo said:

yeah I know he’s had a look at Derby and Wednesday among others. 
 

I’d prefer it not to be him tbh but there are worse people around from that region, far better as well he’s a dodgy scumbag, but he’s committed to sport at least and keeps his eyes on the ball. 

 

 

Other than recent history, I see nothing that would help us hold sway over either of them from an investors point of view. I always thought of Shef Wed as a bit of a sleeping giant..
 

 

[Manwell Pablo]

52 minutes ago, Ric Flair said:

You know better than I but I struggle to see where the value is in us, whilst we aren't a normal League One club. No club at that level or even Championship fodder are worth £150m + 

 

I think the training ground is such a ghostly asset, it's more of a burden than a positive but KP would need/want a massive figure to sell which is why I don't think it happens and instead will be admin eventually in the next 18 months. 

 

 

It seems massively over valued to me but Tommys talking a lot of sense and there is also the long term aspect of the training ground and the assets we have if they think they can turn it around and the fact King Power were never going unless they feel they got a good deal. 

[Manwell Pablo]

1 minute ago, MPH said:

 

 

Other than recent history, I see nothing that would help us hold sway over either of them from an investors point of view. I always thought of Shef Wed as a bit of a sleeping giant..
 

 

You been to Hillsborough recently? 😂

 

Ground needs knocking down and rebuilding 

[urban.spaceman]

6 minutes ago, Manwell Pablo said:

Just had a message through that makes it sound like the negotiation is going well, 

 

No details on who it is though. 

Wheres Englebert Humperdink living these days?

[MPH]

2 minutes ago, Manwell Pablo said:

You been to Hillsborough recently? 😂

 

Ground needs knocking down and rebuilding 

 Patch it up with 30-40m, get them to the prem and then you can probably justify building a new stadium