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Memo to Joy - You should have read this first! (1 Viewer)

  • Thread starter SkyBlueCharlie
  • Start date Dec 12, 2012
Forums New posts
S

SkyBlueCharlie

Well-Known Member
  • Dec 12, 2012
  • #1
Came across this comment in an article titled: 'So you want to buy a football club?'

http://realbusiness.co.uk/advice-and-guides/so-you-want-to-buy-a-football-club

Can I get Private Equity backing?

Unlikely! As Isabel Unsworth of 3i will tell you: “No private equity firm would get involved with a football club. They are not proper businesses. Too much politics, too many egos. And there’s no proper exit route...they are rich men’s toys, great for entertaining your mates, and that’s about it.”

Perhaps you should give Isabel a call as she appears to be more clued up than you are!
 

skyblueman

New Member
  • Dec 12, 2012
  • #2
Buying a football club...... best way to make a small fortune....... from a big fortune...
 
G

georgehudson

Well-Known Member
  • Dec 12, 2012
  • #3
just my opinion, but i don't think the FA's Fit & Proper Persons Test is stringent enough
 

Sky Blue Pete

Well-Known Member
  • Dec 12, 2012
  • #4
Brilliant!!
 
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