Are these the same 'Teachers' that own our stadium debt.

[davieG]

Although I thought they were American.

National Lottery operator Camelot has been sold to a Canadian teachers' pension fund for £389m.

The company, currently owned by a consortium that includes Cadbury, has been running the UK's National Lottery since it began in 1994.

The sale will be looked at by the regulator, the National Lottery Commission.

One of the factors in its decision will be whether or not the national interest will be served by the sale.

Camelot's proposed buyer, the Ontario Teachers' Pension Plan - known simply as Teachers' - runs the pension fund for more than a quarter of a million Canadian teachers.

It already has a wide range of investments in the UK, including Birmingham and Bristol airports and a 27% stake in Northumbrian Water.

Full Report - http://news.bbc.co.uk/1/hi/business/8588321.stm

[Jon the Hat]

I don't think so, there are lots of these sector specific pension funds in the US and Canada.

It is this lotin fact.

[Sir Fynwy]

Possibly but I thought that the Teachers fund that we rent the Walkers from was based in New York, looks like teachers in the US and Canada have too much money to throw around, bit like our overpaid lot

[C-man]

Oh good. More services being run by North Americans. Have they not learnt from the student loan company fiasco that they're fvcking useless?

[Jordan]

These pension funds are big-time players and hold a ridiculous amount of assets. Teachers' owns two-thirds of the company that owns the Toronto Maple Leafs, the most valuable franchise in the NHL. The Leafs ain't doin' so hot lately, but they're still a money-making enterprise. We all know how poorly the global economy has been doing for a while, but Teachers' seems to have handled things quite well.

The global economy hasn't done very well, and Teachers et al. have global investments but they (and a lot of other big pension funds) are very well capitalized. They're neither Lehman Bros. nor an Icelandic bank--they've actually got the money they're investing in these acquisitions. Canada's banking and investment schemes have stricter government regulations than the U.S. or UK and they've been able to handle the global recession much better than The City and Wall St.

I wouldn't be worried that Teachers' will screw this up--if I were a part of their plan, I'd be more concerned that buying the UK's National Lottery might not be a profitable investment.

[MPH]

Although I thought they were American.

Full Report - http://news.bbc.co.uk/1/hi/business/8588321.stm

I thought our stadium was owned by Wachovia, which was bought out last year by wells fargo - both American Banks...

[Daggers]

Teachers should get priority in the half-time queues

[Trav Le Bleu]

I thought it was these guys.

[lcfcadam]

I thought it was these guys.

When's whisky gonna be introduced at the bars then? Perhaps they should also be offering a range of quality single malts to cater for the more discerning fans among us...