Rangers Takeover completed today then.

[Monaco_Totty]

So Rangers takeover completed today.

Marathe said:
'At 49ers Enterprises, we have built a track record of sporting and business success but our driving motivation is our deep connection to the clubs and communities we serve. We are excited to join Andrew and our other consortium of investors in a new era for this iconic club and we are determined to build something that supporters can be proud of for years to come.'

Rangers have new ownership after an American consortium including the 49ers Enterprises, completed a deal to buy 51% of the club late on Thursday night. Andrew Cavenagh becomes the new Chairman at Ibrox, with Paraag Marathe, the president of 49ers Enterprises and chair of Leeds, the vice-chair. The Scottish Football Association has approved the takeover, with the club keen to stress they are NOT part of a multi-club model.

Mmmm, not part of a 'multi-club' model🤔

[Pacaman]

So Rangers takeover completed today.

Marathe said:
'At 49ers Enterprises, we have built a track record of sporting and business success but our driving motivation is our deep connection to the clubs and communities we serve. We are excited to join Andrew and our other consortium of investors in a new era for this iconic club and we are determined to build something that supporters can be proud of for years to come.'

Rangers have new ownership after an American consortium including the 49ers Enterprises, completed a deal to buy 51% of the club late on Thursday night. Andrew Cavenagh becomes the new Chairman at Ibrox, with Paraag Marathe, the president of 49ers Enterprises and chair of Leeds, the vice-chair. The Scottish Football Association has approved the takeover, with the club keen to stress they are NOT part of a multi-club model.

Mmmm, not part of a 'multi-club' model🤔

Me thinks they are just that

[Monaco_Totty]

The perceived under valuation of the assets of football clubs has certainly attracted the attention of US based investors, with over 27 multi-club investment groups, which is over a third of UEFA's total number originating in USA.

Its important we should probably define multi-club ownership which UEFA state;
'is a situation where a party exerts control or decisive influence over more than 1 club'.
'Similar but not the same, is multi-club investment, where a party has investment interests in more than 1 club without exerting control or influence'.

As companies grow & expand its all too easy to become self-centered losing sight of the true purpose of a business particularly to serve its customers.

For me, it may work for some but it is not the panacea for all corporate ills that dabble within football, imo, & I am slightly disturbed that Leeds as a club have owners that have 'interests' in another football club, albeit in another countries Premier league, currently anyway.

This is strategic because it was not about fixing an existing customers experience as it was about investing & building a new capability enabling a new type of experience of chasing the golden eggs only a few ever achieve, looking at the pic below.



Both of these 49ers footballing assets are now very much gonna be experiences that are firmly focused on customer returns & thats why I am slightly uneasy on the specific nuance the 49ers are now wanting to convey.

The Peacock species group are renowned as intelligent with many abilities including exceptional learning & social skills & selective attention tendencies, so often demonstrate a level of cognitive complexity as do the species of proud Leeds fans, so I hope the 49ers respect that I & others are proud to be of the one club football species, for the record. 👍

Just saying

[WTF11]

The perceived under valuation of the assets of football clubs has certainly attracted the attention of US based investors, with over 27 multi-club investment groups, which is over a third of UEFA's total number originating in USA.

Its important we should probably define multi-club ownership which UEFA state;
'is a situation where a party exerts control or decisive influence over more than 1 club'.
'Similar but not the same, is multi-club investment, where a party has investment interests in more than 1 club without exerting control or influence'.

As companies grow & expand its all too easy to become self-centered losing sight of the true purpose of a business particularly to serve its customers.

For me, it may work for some but it is not the panacea for all corporate ills that dabble within football, imo, & I am slightly disturbed that Leeds as a club have owners that have 'interests' in another football club, albeit in another countries Premier league, currently anyway.

This is strategic because it was not about fixing an existing customers experience as it was about investing & building a new capability enabling a new type of experience of chasing the golden eggs only a few ever achieve, looking at the pic below.



Both of these 49ers footballing assets are now very much gonna be experiences that are firmly focused on customer returns & thats why I am slightly uneasy on the specific nuance the 49ers are now wanting to convey.

The Peacock species group are renowned as intelligent with many abilities including exceptional learning & social skills & selective attention tendencies, so often demonstrate a level of cognitive complexity as do the species of proud Leeds fans, so I hope the 49ers respect that I & others are proud to be of the one club football species, for the record. 👍

Just saying

Delusional.

The investors have bought a controlling interest in a club that is GUARANTEED to be in European competition, for cheap as chips money (?50m). The Scottish PL has 12 teams, the top 6 of which will qualify for European competition of one sort or another. LUFC has ALREADY cost that same group of investors THREE TIMES that and with little or no guarantee of PL survival never mind dreams of European competition. Any wonder that Marathe has beaten a hasty path to Glasgow, or that "investment" in the LUFC squad to make it PL-read has been notable by its absence.

The club spent a net ?150m when the yank succeeded Bielsa and where did that get us? We're on course for spending the least of any newly promoted club and our Chairman is focussed on matters north of the border.

Let's hope that Red Bull want to secure their investment with a full takeover, at least they know what football (as opposed to "soccer"), is all about.

Toodle pips you poor deluded fools.

[hopelesslyoptimistic]

Still annoyed we bought Rangers given the sectarian history.