Newcastle United hold talks with investment group about multi-club ownership - Report

  • 📰 NUFCTheMag
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Newcastle United hold talks with investment group about multi-club ownership - Report nufc

An exclusive from Bloomberg reports that the talks have taken place with 777 Partners LLC.

The report saying they have trusted sources with knowledge of the talks and that this US investment group have had exploratory discussions with at least five different parties about raising debt and equity.The report says that talks are in the early stages but this could be the start ofBloomberg‘Proponents of this approach to ownership often point to the long-term benefits of cost synergies, the sharing of talented players and potential to strike more lucrative sponsorship deals.

The Financial Times invited Amanda Staveley to be one of the key speakers at their Business of Football Summit held in Mayfair, London, at the start of this month:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 124. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines