Don't believe a word of it.
It's from a site which posts more lies than The Sun newspaper, only it's slightly less useful as you can't wrap fish and chips in it.
I can't even find it on that site.
Why are we even talking about it. It's obviously bullshit.
Someone posted on that rumour site in responce to this takeover rumour.
"Why would we want some Saudi Arabian people owning us"
Why indeed? Well here's some good reasons (assuming its true, which i sadly doubt it is):
* They are reported to be worth something like $4 billion (which in pounds is £2,545,824,000).
* This would mean they have a fair amount of money to back them up in whatever they decide to do with our club and the surrounding area.
* Not only would they be able to buy the whole stadium meaning no more rent problems and a lot less media attention!
* They could give Robins a good amount of money to buy high profile player targets etc. Money and wages wouldn't be an issue anymore.
* We could (in a way) expect promotion back to the premiership within 2 seasons if the money was used responsibly (which assuming robins was kept in charge, I know it would!) to bring in the right players for the job!
* The deal would stipulate that they develop the land around the ricoh. This would mean the area as a whole would benefit as more businesses would be created, more housing, therefore more money as a whole coming to the city!
With all these in mind, that's exactly why we'd want some Saudi Arabian company buying us. This is of course as long as they don't feth around like SISU did. I for one think they wouldn't because they don't hide who they are (unlike SISU who hide behind their 10%). We'd know who owned us and hopefully they'd be fully open with what they planned for our club! I just think some fans believe they can say who does and doesn't own our club. In the end its the money that says who does and doesn't own our club just like money is the reason we can only get certain players and lose other players like McGoldrick and also why we don't own our stadium at the moment!
What an absolute joke this is!!! Surely a family of that sort of wealth would buy out a club such as liverpool, they clearly has a much bigger fan base worldwide than coventry city. Therefore will have better returns on their investment...... I personally get angry when seeing such bullshit on the forum.
Just also realise that if this were to happen a possible scenario would be: In the premiership minimum price of tickets £50...lots of our core supporters might have an affordability issue!
They would invest because we have the potential to make bigger gains than Liverpool. If you pay very little for a small struggling club with potential and develop them to a top half team in the premiership then you stand to make more from your investment when you sell.
Investing in a small business with bags of potential growth is par for the course in the stock market. Surely the same logic can apply to football.
Yes but thats always going to happen.
We'd never go back to the Premiership if we always thought like that!
And I agree whole heartedly with D_T here!
You don't buy something that's already successful as you stand to lose some of your investment if it doesn't go the way you thought it would.
But you can guarentee success if you invest in an up and coming business that has the potential to go places as long as you put your money into it!
Nobody can guarantee success no matter how much you put into a club.
Nobody can guarantee success no matter how much you put into a club.
Same as any business, if you plough your money into the wrong areas and assets then you won't be successful. It's as simple as that.
Consider this:
How much would you have to invest to get liverpool to be a consistent top two team? What would the % increase in sell on value be for the club?
How much would you have to invest to make City a Premiership team? What would the % increase in sell on value be?
I would invest in City every time, especially if I had the resources that the Saudis have. I personally would keep Robins, Waggott and Fisher if possible at least until we are secure in the championship.
How big a name in football globally are Coventry City? Not that big a name in Coventry most weeks, let alone in the rest of the nation/World.
That's what big investors are looking for, a team that can give a global presence, Liverpool could give them that.
Don't know why the fuck people would chuck loads at teams like Leicester and Cardiff though.
How big a name in football globally are Coventry City? Not that big a name in Coventry most weeks, let alone in the rest of the nation/World.
That's what big investors are looking for, a team that can give a global presence, Liverpool could give them that.
Don't know why the fuck people would chuck loads at teams like Leicester and Cardiff though.
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