Rangers takeover: Deal agreed in principle

[Yorkie Bear 735]

23 hours ago, Uilleam said:

 

It's not quite the prime real estate that it appears at first glance. 

 

 

Expect an announcement soon that talks have broken down.

[Scott7 6,581]

1 hour ago, Yorkie Bear said:

Expect an announcement soon that talks have broken down.

Got a bit of a fright there at first glance. 

[alexscottislegend 2,642]

On 26/03/2025 at 10:02, Rousseau said:

I don't disagree, but not for the money I'm assuming it will take to buy him; we're talking more than what Kent cost. 

Kent cost £7m: we can get Cerny for 5.5 if we move before the end of May.

[Sutton_blows_goats 6,028]

50 minutes ago, alexscottislegend said:

we can get Cerny for 5.5 if we move before the end of May.

That was rubbish made up by Keith Jackson, not true according to the Rangers Review.

[Uilleam 6,304]

14 hours ago, Yorkie Bear said:

Expect an announcement soon that talks have broken down.

I don't think that the deal stands or falls on the putative land value, or, indeed the developability, of Auchenhowie for housing. 

 

Overall, what is interesting about the takeover proposal is that the principals are

-an investor with ownership/control of very considerable funds, who has a background in  health insurance , and

-the investment and development arm of an NFL franchise,

who, at first sight might seem strange bedfellows.

Perhaps, however, there is method in the mix: Cavenaugh gets to share risk, and to share it with a partner vastly experienced in running a sports' business; the 49ers get to share the risk with an investor with considerable financial backing (and, an interest in sports, it would seem).

I don't know who brought whom to the table, but, perhaps, it provides a modicum of comfort that we are not facing ownership/control by some rich guy, bored with cocaine, and looking for a new set of thrills, or seeking merely to asset strip, but with some serious players in the world of sports' business. . 

 

The 49ers do not seem to have fucked about with Leeds United, nor have they developed Elland Road for condominiums. (I am sure we would have found out if they had.) Maybe we should take these as good signs.

 

 

  

Edited Thursday at 23:33 by Uilleam

[alexscottislegend 2,642]

4 hours ago, Sutton_blows_goats said:

That was rubbish made up by Keith Jackson, not true according to the Rangers Review.

Oh bollox! Thought I'd got one over on Rousseau there!

[Uilleam 6,304]

A short, very short, piece on the 49ers from Sports Illustrated

 

 

https://www.si.com/nfl/49ers/news/why-49ers-owners-suddenly-stopped-spending-big-money#:~:text=So while they're worth,make another Super Bowl push.

 

"From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Now, they've suddenly embraced Moneyball and slashed their spending budget. Why?"

 

Might we hope -assume- that the soon-to-be Govan powerbrokers are keeping a massive warchest for the Summer transfer window, stadium upgrades, etc? 

Or are they just going bust? 

 

 

Why have the 49ers Owners Suddenly Stopped Spending Big Money?

From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Grant Cohn | Mar 27, 2025

 

Feb 10, 2025; New Orleans, LA, USA; San Francisco 49ers chief executive officer Jed York at the Super Bowl LIX host committee handoff press conference. Mandatory Credit: Kirby Lee-Imagn Images / Kirby Lee-Imagn Images

 

From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Now, they've suddenly embraced Moneyball and slashed their spending budget. Why?

Keep in mind, the 49ers are worth nearly $6.8 billion according to Forbes. They're the sixth-richest franchise in the NFL, they have a passionate, global fanbase, they sell out their stadium every week and recently they increased their season-ticket prices. They should be rolling in dough.

 

But they also invest a ton of cash in non-football things. They own 100 percent of an English soccer team called Leeds United, plus they recently bought a controlling share of a Scottish soccer team called Rangers FC. So while they're worth nearly $7 billion, most of that money is tied up in investments. Which means they might be slightly short on cash this year.

 

It's possible the 49ers intend to scale back their spending on football for a year and then bump it back up in 2026 as they make another Super Bowl push.

Or, it's possible the 49ers have decided their football team isn't profitable enough and needs to be more cost-effective in the future so they can afford to invest in soccer and other ventures.

 

It's hard to know exactly why the 49ers owners have gone cheap all of a sudden. Fortunately for us, team CEO Jed York will answer questions at the NFL Annual Meeting next week. It will be fascinating to hear his explanation for this bizarre offseason.

 

 

For those already bored with the takeover......you can browse SI here:

 

https://swimsuit.si.com/

[compo 7,761]

Well I’ve been reading snippets in this morning’s papers about the other mob who will collect something like ten million from transfer fee add ons maybe our new owners will be a lot more money savvy  than whoever’s been conducting transfers at Ibrox 

[alexscottislegend 2,642]

18 minutes ago, Uilleam said:

A short, very short, piece on the 49ers from Sports Illustrated

 

 

https://www.si.com/nfl/49ers/news/why-49ers-owners-suddenly-stopped-spending-big-money#:~:text=So while they're worth,make another Super Bowl push.

 

"From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Now, they've suddenly embraced Moneyball and slashed their spending budget. Why?"

 

Might we hope -assume- that the soon-to-be Govan powerbrokers are keeping a massive warchest for the Summer transfer window, stadium upgrades, etc? 

Or are they just going bust? 

 

 

Why have the 49ers Owners Suddenly Stopped Spending Big Money?

From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Grant Cohn | Mar 27, 2025

 

Feb 10, 2025; New Orleans, LA, USA; San Francisco 49ers chief executive officer Jed York at the Super Bowl LIX host committee handoff press conference. Mandatory Credit: Kirby Lee-Imagn Images / Kirby Lee-Imagn Images

 

From 2017 to 2024, the 49ers spent more cash on football than almost any other NFL franchise.

Now, they've suddenly embraced Moneyball and slashed their spending budget. Why?

Keep in mind, the 49ers are worth nearly $6.8 billion according to Forbes. They're the sixth-richest franchise in the NFL, they have a passionate, global fanbase, they sell out their stadium every week and recently they increased their season-ticket prices. They should be rolling in dough.

 

But they also invest a ton of cash in non-football things. They own 100 percent of an English soccer team called Leeds United, plus they recently bought a controlling share of a Scottish soccer team called Rangers FC. So while they're worth nearly $7 billion, most of that money is tied up in investments. Which means they might be slightly short on cash this year.

 

It's possible the 49ers intend to scale back their spending on football for a year and then bump it back up in 2026 as they make another Super Bowl push.

Or, it's possible the 49ers have decided their football team isn't profitable enough and needs to be more cost-effective in the future so they can afford to invest in soccer and other ventures.

 

It's hard to know exactly why the 49ers owners have gone cheap all of a sudden. Fortunately for us, team CEO Jed York will answer questions at the NFL Annual Meeting next week. It will be fascinating to hear his explanation for this bizarre offseason.

 

 

For those already bored with the takeover......you can browse SI here:

 

https://swimsuit.si.com/

"Non-football things" indeed!

[Uilleam 6,304]

1 minute ago, alexscottislegend said:

"Non-football things" indeed!

Soccer, son.

Try it out with the family, with friends, with strangers on the bus.

Get used to it.