Forum Replies Created
-
Posts
-
Re: Hpt Motor Conversion Problem.
happycack wrote:Don’t go there mate. I once mentioned bypassing a door lock once and I still get hate mail. !!!
Thats all done and dusted, please lets move on.
Greg
Re: QED ?
If my wife, heaven forbid had cancer, the last place I would be is on UKW 😕 (no disrespect)
GregRe: Football
US tycoon in talks to buy into Arsenal
The spectre of a potential takeover is looming over Arsenal, the only English-owned club among the Premiership’s top teams, after it emerged that an American billionaire is in talks to buy a stake in the London club.
Stan Kroenke, who is estimated by Forbes magazine to be worth more than $2bn (£1bn), is believed to have approached ITV about buying the commercial broadcaster’s 9.9{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} stake in Arsenal. Kroenke Sports Enterprises owns the Colorado Rapids football team, the Denver Nuggets basketball team, and the Colorado Avalanche ice hockey squad. Mr Kroenke already has a link with Arsenal, having signed a marketing partnership with the club just last month. Under that deal, Mr Kroenke agreed to increase awareness of the British club in the lucrative US market.
After Malcolm Glazer’s swoop on Manchester United and the more recent takeover of Liverpool by the American tycoons George Gillett and Tom Hicks, there has been intense speculation about Arsenal’s future.
Shares in the club have soared in recent weeks amid talk of a possible takeover, fuelled by news that its biggest single shareholder, Danny Fiszman, had reduced his holding to less than the 25{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} needed to maintain a veto on any changes to the club’s statutes. He sold 659 shares at £5,975 each – a near £400 a share premium to the market price at the time – to an unnamed investor. He now has a stake of 24.11{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d}.Arsenal shares – which are listed on the alternative Plus market, formerly Ofex – ended last week at £6,500, making the club worth £404m.
Arsenal sources maintain that any all-out bid would have to be at a significant premium, probably valuing it at upwards of £700m, because there is plenty of room for growth in the business. It has a young, highly regarded squad and is set to receive a windfall from the redevelopment of its old ground. The value of the new Emirates stadium, meanwhile, has yet to be reflected in the club’s market valuation.
ITV has made no secret of the fact that its stake, bought in the late 1990s when media companies thought such stakes could help in the negotiation of television contracts, is regarded as a non-core asset. It also had a stake in Liverpool, which it sold for £17.4m when the deal with Mr Gillett and Mr Hicks was announced.
There have been reports recently that ITV has also been approached by the royal family of Qatar over the stake.
Arsenal supporters, however, are more likely to back the buyout of the Gunners by someone with expertise in sports who can help the club thrive, rather than someone who sees it only as an investment.
ITV refused to comment and no one from Arsenal was available.
Re: QED ?
Dave_Conway wrote:It was p-i-s-s-e-d by the way 🙂
That doesn’t sound like you Dave :snig:
Greg
Re: SHARP R-774M Microwave oven
A popular fault with these. Only cure is new display but requires a lot of patience and a soldering genius with a steady hand 😀
Greg
Re: QED ?
Daves word blocker, I only edit Jims in footy forum when he praises Arsenal 😆
P isser has to go IMO 👿
Greg
Re: Cleaning Stainless Steel Fridge doors
Hi
I have seen brand new stainless steel doors etc with “rust marks” on them.
It turned out to be adhesive residue from the protective film after having been removed.
A quality stainless cleaner did the trick and oh yes some elbow grease aswell 😆Greg
