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City Football Group investment
01 December 2015 08:29 Post ID: #559901
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Just watching SSN and an announcement made this morning that our parent company, CFG has received £265 million from an investment consortium China Media Capital.
No further details yet.

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01 December 2015 08:40 Post ID: #559902 - in reply to #559901
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http://m.mcfc.co.uk/?name=mancity&i=12323/1/0&artId=568311

Allegedly Sheik Mansour's half brother owns China.
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01 December 2015 08:54 Post ID: #559903 - in reply to #559902
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I own all my China :clap: :clap: :clap:
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01 December 2015 09:23 Post ID: #559905 - in reply to #559901
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It doesn't look like it will mean anything to us but it won't half rub the rags up the wrong way, muscling in on their personal fiefdom.

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01 December 2015 09:41 Post ID: #559907 - in reply to #559901
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China Crisis at the Swamp, Oasis at Eastlands.

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01 December 2015 10:47 Post ID: #559911 - in reply to #559901
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Have we received £265 million or not ? If we have, why ? What do we have to give in return ? What does Rising mean by "it doesn't look like it will mean anything to us" ? I appreciate to some of the high-fliers on this site, £265 million doesn't seem like a lot of money but it's better than a kick up the a*se surely ?
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01 December 2015 10:57 Post ID: #559912 - in reply to #559911
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CITYBOY1000 - 1/12/2015 10:47

Have we received £265 million or not ? If we have, why ? What do we have to give in return ? What does Rising mean by "it doesn't look like it will mean anything to us" ? I appreciate to some of the high-fliers on this site, £265 million doesn't seem like a lot of money but it's better than a kick up the a*se surely ?



What I mean, CB, is I don't think we (MCFC) will see any of this money. I assume it's for direct investment into promoting the group in China. Having said that, of course it's great news because it benefits the promotion of the group.




Edited by Rising 1/12/2015 10:59
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01 December 2015 11:01 Post ID: #559913 - in reply to #559901
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£265million is for a 13% share in CFG.

The benefit we get is it opens up a whole untapped market for us which should mean massive sponsorship potential from Chinese businesses plus the opportunity to renegotiate our existing sponsorship deals.

That's my limited understanding of it.
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01 December 2015 11:04 Post ID: #559914 - in reply to #559913
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Bluedub - 1/12/2015 11:01

£265million is for a 13% share in CFG.

The benefit we get is it opens up a whole untapped market for us which should mean massive sponsorship potential from Chinese businesses plus the opportunity to renegotiate our existing sponsorship deals.

That's my limited understanding of it.


Sounds good to me.

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01 December 2015 12:00 Post ID: #559923 - in reply to #559901
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City Gain Chinese Investment

It has been confirmed today that Manchester City's parent club has secured a 13% stake investment worth £265million from Chinese investment group China Media Capital and Citic Cap...

Read more: http://www.manchestercity.vitalfootball.co.uk/#ixzz3t4P9AFag
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01 December 2015 12:03 Post ID: #559925 - in reply to #559901
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Welcome to the wonderful world of having more Chinese fans than we do in the UK :thinking:
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01 December 2015 13:40 Post ID: #559929 - in reply to #559925
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Some thumping great sums involved. We are worth a bob or two now!
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01 December 2015 13:44 Post ID: #559931 - in reply to #559901
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Anything that chips away at the Rag's false empire is fine with me.
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01 December 2015 14:26 Post ID: #559935 - in reply to #559931
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BamaEngineer - 1/12/2015 13:44

Anything that chips away at the Rag's false empire is fine with me.


^
This.

:clap: :clap: :clap:

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01 December 2015 16:21 Post ID: #559940 - in reply to #559901
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Well, according to "studies", the rags have 2.3 billion fans in China. Granted, only 1.4 billion live there, but you can't disagree with "science", right?

This is a direct shot at them, telling them that we've beaten them on the pitch, we'll beat them off the pitch as well.
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01 December 2015 17:33 Post ID: #559946 - in reply to #559901
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Comments I read this morning quoted the CFG group as now being valued at $3bn.
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01 December 2015 19:43 Post ID: #559960 - in reply to #559914
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Rising - 1/12/2015 11:04

Bluedub - 1/12/2015 11:01

£265million is for a 13% share in CFG.

The benefit we get is it opens up a whole untapped market for us which should mean massive sponsorship potential from Chinese businesses plus the opportunity to renegotiate our existing sponsorship deals.

That's my limited understanding of it.


Sounds good to me.



Sounds good to me BD and Rising.

Hadn't thought about it in that way.

Definitely a major step in the right direction according to the broad sheets and tabloids from what I've read now.
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