Richard Cawley has been talking to Matt Slater at The Athletic (always good value) about the plan to sell off a 20 per cent stake in the club to new investors for £20m or so with the aid of two merchant banks. You can get the full sp on Cawley's Substack, but essentially Slater is saying that it is a sensible move to test the market. There are plenty of multi-millionaires in the US keen to get a stake in UK football,
Will it succeed? Slater reckons that is the more difficult question. Americans like London and Charlton has something of a Premier League pedigree, but they don't own their stadium. But there is a good fan base.
No comments:
Post a Comment