Blackpool fc Sold for 10 Million (1 Viewer)

covboy1987

Well-Known Member
Blackpool FC sold on Thursday for 10 Million includes the stadium training ground and hotel - Offer on the table for CCFC reported was 7.5 million rising to possibly 20 million - looks a good deal if you compare Blackpool's deal - Congratulations to Blackpool and hope everything goes well - incidentally purchased by a hong kong based hedge fund manager (Big fan in this instance)
 

Garryb80

Well-Known Member
Blackpool FC sold on Thursday for 10 Million includes the stadium training ground and hotel - Offer on the table for CCFC reported was 7.5 million rising to possibly 20 million - looks a good deal if you compare Blackpool's deal - Congratulations to Blackpool and hope everything goes well - incidentally purchased by a hong kong based hedge fund manager (Big fan in this instance)
Not sure the comparison is that exact. Blackpool weren't sold by an independent owner therefore I assume it was sold to the best offer. In our case it is SISU's business to sell so they set their own price.
 

cc84cov

Well-Known Member
Not sure the comparison is that exact. Blackpool weren't sold by an independent owner therefore I assume it was sold to the best offer. In our case it is SISU's business to sell so they set their own price.
Sisu can value you it at what ever they won’t I’m pretty certain they are taking a loss when they finally do fuck off
 

Hobo

Well-Known Member
It's pretty irrelevant really. The thing with hedge funds is that they're answerable to their investors to a much greater extent than the football club and fans.

Which is why they shouldnt be deemed fit and proper owners as no one knows who the investors are and you cant rule out conflicting interests.
 

fernandopartridge

Well-Known Member
Which is why they shouldnt be deemed fit and proper owners as no one knows who the investors are and you cant rule out conflicting interests.
Then again you could say that about any private investor in football. I've come to the conclusion that football clubs as for profit limited companies is the problem.
 

Covstu

Well-Known Member
Yup. The struggle will always be getting fans of successful teams to buy into it. Liverpool are owned by a hedge fund after all, and you'd find it hard to persuade their fans this is a problem atm.
of course you would they didn't get their 2nd place trophy after all!!!
 

Covstu

Well-Known Member
I hope everything works out for Blackpool and any team in that kind of mess but I cannot see how this would be deemed as a 'football' investment regardless of who the guy is. If they have all of the assets then this looks like a great commercial deal although Blackpool don't tend to have swaves of fans so growth will be minimal
 

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