trousers Posted 16 January, 2017 Share Posted 16 January, 2017 Specialist Purchase Vehicle Thank you kindly sir Link to comment Share on other sites More sharing options...
pluto Posted 16 January, 2017 Share Posted 16 January, 2017 Interesting that some chinese buyers have got refused from the PL and have found their way to the football league instead. It will be interesting to see if Reading allow their takeover after the same group got declined via the PL for Hull city. Link to comment Share on other sites More sharing options...
Horley CTFC Saint Posted 16 January, 2017 Share Posted 16 January, 2017 I recently noticed that on 11th November 2016, 5 days before 'Southampton Football Club Limited' took out a new charge on 16th November 2016, 'St Marys Stadium Limited' satisfied a charge dating back to the year 2000. The 'persons entitled' to the satisfied charge was 'St Marys SPV Limited' (what does SPV stand for..?). All three companies are owned by Katharina Liebherr. Does this add another piece to the 'possible takeover' jigsaw or is it just 'businesms as usual'? Not necessarily a special purpose vehicle could be used for a number of reasons e.g. To ring fence some liabilities from the main Southampton accounts Link to comment Share on other sites More sharing options...
SO16_Saint Posted 26 January, 2017 Share Posted 26 January, 2017 #itshappening Link to comment Share on other sites More sharing options...
DuncanRG Posted 26 January, 2017 Share Posted 26 January, 2017 From the same Bloomberg reporter: "Lander said deal with Katherine Liebherr signed and now conducting due diligence on Saints parent company St Mary's Football Group" Here we go... Link to comment Share on other sites More sharing options...
EBS1980 Posted 26 January, 2017 Share Posted 26 January, 2017 A stake would suggest that KL will still remain major stake holder so be interesting to see how this is announced Link to comment Share on other sites More sharing options...
CB Fry Posted 26 January, 2017 Share Posted 26 January, 2017 If it has been announced, interesting no one else has picked it up yet. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 26 January, 2017 Share Posted 26 January, 2017 Tariq is the chap who ran the original story. MAKE THE THREAD A STICKY! Link to comment Share on other sites More sharing options...
Wade Garrett Posted 26 January, 2017 Share Posted 26 January, 2017 Why would they sign a deal before doing their due diligence? Link to comment Share on other sites More sharing options...
Horley CTFC Saint Posted 26 January, 2017 Share Posted 26 January, 2017 Why would they sign a deal before doing their due diligence? Probably just giving them a period of exclusivity to seal the deal as the preferred bidder Link to comment Share on other sites More sharing options...
Matthew Le God Posted 26 January, 2017 Share Posted 26 January, 2017 Man City sold 13% to a Chinese company... https://www.theguardian.com/football/2015/dec/01/manchester-city-265m-deal-chinese-investment-group Link to comment Share on other sites More sharing options...
jasonb Posted 26 January, 2017 Share Posted 26 January, 2017 Glad she's not selling up, yet. Link to comment Share on other sites More sharing options...
Convict Colony Posted 26 January, 2017 Share Posted 26 January, 2017 Why would they sign a deal before doing their due diligence? Exactly that is what I thought the period of exclusivity was for. Link to comment Share on other sites More sharing options...
beatlesaint Posted 26 January, 2017 Share Posted 26 January, 2017 a stake ? not a takeover ? Link to comment Share on other sites More sharing options...
SuperSAINT Posted 26 January, 2017 Share Posted 26 January, 2017 China’s Lander Sports Development Co. agreed to buy a stake in Southampton, the English Premier League team, in what could become one of the highest-profile Chinese acquisitions in English soccer. The Chinese company signed an agreement with the club’s owner, Katharina Liebherr, according to a statement to the Shenzhen stock exchange on Thursday. Financial terms weren’t disclosed but people familiar with the matter said late last year that Lander Sports may buy control for as much as 200 million pounds ($253 million). For Lander Sports, investing in the Premier League would give it a seat in the richest and most-watched soccer league on the planet. Should the deal be completed, Southampton would join West Bromwich Albion, Aston Villa and Birmingham City among teams sold to Chinese investors. Lander Sports, based in eastern China’s Zhejiang province, builds stadiums across China, and has the rights to host the International Basketball Federation’s Stankovic Continental Cup, according to the company’s website. Lander Sports shares have been suspended from trading since October. Source: https://www.bloomberg.com/news/articles/2017-01-26/china-s-lander-to-buy-stake-in-southampton-premier-league-team Link to comment Share on other sites More sharing options...
Unbelievable Jeff Posted 26 January, 2017 Share Posted 26 January, 2017 If this is purely investment, whilst trying to grow our market out in China, this could be an excellent move. If it's a full takeover I'd be worried. Link to comment Share on other sites More sharing options...
Harry_SFC Posted 26 January, 2017 Share Posted 26 January, 2017 If this is purely investment, whilst trying to grow our market out in China, this could be an excellent move. If it's a full takeover I'd be worried. This basically Link to comment Share on other sites More sharing options...
SuperSAINT Posted 26 January, 2017 Share Posted 26 January, 2017 If this is purely investment, whilst trying to grow our market out in China, this could be an excellent move. If it's a full takeover I'd be worried. I'd agree. I'd be equally happy if they wanted to develop the land around St Mary's. Link to comment Share on other sites More sharing options...
Greenridge Posted 26 January, 2017 Share Posted 26 January, 2017 The roller coaster ride continues. Buckle up. Link to comment Share on other sites More sharing options...
doddisalegend Posted 26 January, 2017 Share Posted 26 January, 2017 If this is purely investment, whilst trying to grow our market out in China, this could be an excellent move. If it's a full takeover I'd be worried. Yep Link to comment Share on other sites More sharing options...
alpine_saint Posted 26 January, 2017 Share Posted 26 January, 2017 If this is purely investment, whilst trying to grow our market out in China, this could be an excellent move. If it's a full takeover I'd be worried. I am guessing it will be and the "stake" is just making it a transitional take-over. Or maybe Lander have got no money. Link to comment Share on other sites More sharing options...
SKD Posted 26 January, 2017 Share Posted 26 January, 2017 Lander Sports, based in eastern China’s Zhejiang province, builds stadiums across China Anyone else get the feeling that this could be related to us expanding the stadium / the surrounding area? Link to comment Share on other sites More sharing options...
DuncanRG Posted 26 January, 2017 Share Posted 26 January, 2017 It can be a stake and a takeover at the same time, guys. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 26 January, 2017 Share Posted 26 January, 2017 Hope it's not one of these deals where the buyer ends up borrowing the money against the club for the purchase. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 26 January, 2017 Share Posted 26 January, 2017 Anyone else get the feeling that this could be related to us expanding the stadium / the surrounding area? & that, would be awesome. Link to comment Share on other sites More sharing options...
Dangermouth Posted 26 January, 2017 Share Posted 26 January, 2017 We knew all of this already: it's been commented upon in this thread. Does anyone involved in the financial sector that would deal with this type of transaction know when we are likely to know more about the specifics and to what degree? Link to comment Share on other sites More sharing options...
for_heaven's_Saint Posted 26 January, 2017 Share Posted 26 January, 2017 Good day to bury bad news?! Link to comment Share on other sites More sharing options...
Polaroid Saint Posted 26 January, 2017 Share Posted 26 January, 2017 A quick google reveals some intriguing background to the Lander and their (possible) ties to Liebherr, Sports and Money. To start with, this is a look at current Chinese investment in sport - mentioning Lander: http://www.scmp.com/sport/china/article/1935956/plenty-bold-forecasts-chinas-sporting-gold-rush-many-prospectors-are Breakdown of Lander's profits/loss for recent years. (plus a small paragraph which shows similarities to the Liebherr family of businesses, i.e. large scale construction) https://www.google.com/finance?cid=702915 or: http://www.capitalcube.com/blog/index.php/lander-sports-development-co-ltd-000558-cn-earnings-analysis-q2-2016-by-the-numbers-september-7-2016/ Discussing Lander's (abortive) plan to offer sports broadcasting in Maccau http://macaubusinessdaily.com/Business/New-Kid-Town-0 & http://agbrief.com/news/sands-cotai-partners-lander-real-estate-sporting-events (This appears to be a wedding or something too) Finally... ...Swiss Links. And Curling: http://en.ytsports.cn/news-2404.html Link to comment Share on other sites More sharing options...
Raging Bull Posted 26 January, 2017 Share Posted 26 January, 2017 5 Live now reporting it. Link to comment Share on other sites More sharing options...
angelman Posted 26 January, 2017 Share Posted 26 January, 2017 Reuters are reporting it, so you can probably take it that it is right and has happened or is happening. Link to comment Share on other sites More sharing options...
SW5 SAINT Posted 26 January, 2017 Share Posted 26 January, 2017 Good day to bury bad news?! That's what I was thinking........... Link to comment Share on other sites More sharing options...
scousesaint84 Posted 26 January, 2017 Share Posted 26 January, 2017 Anyone else get the feeling that this could be related to us expanding the stadium / the surrounding area? My exact thoughts. We already have the academy build completed, investors money can not be used directly for player purchases, so surely the only 'asset' we hav that needs investment is the stadium and surrounding area? I for one like the sound of the 'Lander Sports Complex' Link to comment Share on other sites More sharing options...
Bad Wolf Posted 26 January, 2017 Share Posted 26 January, 2017 So it's a stake rather than a takeover? That can only be a good thing. Link to comment Share on other sites More sharing options...
Dusic Posted 26 January, 2017 Share Posted 26 January, 2017 They won't be paying £200m for a minority stake, if that value from the article is true. The Liebherr's have proven trustworthy til now and especially if they retain some sort of interest you would expect they know what they are doing. But Asian investment in UK football has been disasterous until now so its right to be sceptical. Unless they put significant sums of money in and retain the current leadership structure of the club, then I would be very cautious. Link to comment Share on other sites More sharing options...
Pass the Dutchie Posted 26 January, 2017 Share Posted 26 January, 2017 I'll start practicing: 南安普敦 ? Link to comment Share on other sites More sharing options...
Chris27687 Posted 26 January, 2017 Share Posted 26 January, 2017 The Bloomberg guy who broke this seems to be insinuating that the Property (building towns/cities) development world in China is so competitive at the moment- that this would allow them to differentiate themselves by building top end sports facilities as well. So it seems more of a cooperative agreement, and i would guess a minority stake, than a buy a majority stake and try and run a football club. Link to comment Share on other sites More sharing options...
Danbert Posted 26 January, 2017 Share Posted 26 January, 2017 It can be a stake and a takeover at the same time, guys. This. And it rather looks like this is what's happening. Link to comment Share on other sites More sharing options...
Wimborne_saint Posted 26 January, 2017 Share Posted 26 January, 2017 https://southamptonfc.com/news/2017-01-26/club-statement-southampton-football-club - Letter from Kat Link to comment Share on other sites More sharing options...
Greenridge Posted 26 January, 2017 Share Posted 26 January, 2017 https://southamptonfc.com/news/2017-01-26/club-statement-southampton-football-club - Letter from Kat Seems she's in it for the long haul. Lots of forward looking statements. Link to comment Share on other sites More sharing options...
Wurzel Posted 26 January, 2017 Share Posted 26 January, 2017 https://southamptonfc.com/news/2017-01-26/club-statement-southampton-football-club - Letter from Kat Reassuring. That last sentence sounds like she has no intention of leaving us. Link to comment Share on other sites More sharing options...
trousers Posted 26 January, 2017 Share Posted 26 January, 2017 (edited) https://southamptonfc.com/news/2017-01-26/club-statement-southampton-football-club - Letter from Kat Edited 26 January, 2017 by trousers Link to comment Share on other sites More sharing options...
alpine_saint Posted 26 January, 2017 Share Posted 26 January, 2017 https://southamptonfc.com/news/2017-01-26/club-statement-southampton-football-club - Letter from Kat Couldnt get it to load, but found it OS : "I am writing to you in relation to an announcement made in China today about Southampton Football Club and Lander Holding. Please understand that I can only make limited comments regarding this process but I can assure you that any steps we do take will be in the best interests of the club. A potential partnership would need to clear multiple approvals and fulfil strict criteria before being confirmed. The Premier League is increasingly competitive; we need to keep moving forward and look to new markets for commercial growth, innovation and to share our journey. Together we have had many years of progression and success, and ensuring this continues is the main focus of any possible partnership. I cannot thank you enough for the continued support you give Southampton Football Club, and it makes me so proud to think we will soon be experiencing a major final together at Wembley. I hope you enjoy what will be a brilliant day for our club and look forward to a successful future together. We March On Katharina Liebherr" Link to comment Share on other sites More sharing options...
angelman Posted 26 January, 2017 Share Posted 26 January, 2017 Hmmmm. Seems like smoke being blown up my backside. Link to comment Share on other sites More sharing options...
James Posted 26 January, 2017 Share Posted 26 January, 2017 Sounds like a co-investment not a takeover. Increased geographical exposure and a cash injection can only be good I think. Good to hear Kat is in it for the future too. Link to comment Share on other sites More sharing options...
Colinjb Posted 26 January, 2017 Share Posted 26 January, 2017 Talking of partnership and a future. Not a prelude to a complete sale, a joint venture. Link to comment Share on other sites More sharing options...
Sergei Gotsmanov Posted 26 January, 2017 Share Posted 26 January, 2017 Reassuring. That last sentence sounds like she has no intention of leaving us. I think that hinges on just how much of a stake she maintains. I like her and really hope that she keeps a controlling interest and not the 15% that has been touted. Link to comment Share on other sites More sharing options...
Saint_Ash Posted 26 January, 2017 Share Posted 26 January, 2017 "Partnership" Not takeover. Link to comment Share on other sites More sharing options...
Tom Posted 26 January, 2017 Share Posted 26 January, 2017 Reassuring. That last sentence sounds like she has no intention of leaving us. Depends if Les Reed wrote the speech. Link to comment Share on other sites More sharing options...
Colinjb Posted 26 January, 2017 Share Posted 26 January, 2017 So, aside from Property/Construction and exposure in China. What else can Lander bring to the table? Link to comment Share on other sites More sharing options...
beatlesaint Posted 26 January, 2017 Share Posted 26 January, 2017 Hmmmm. Seems like smoke being blown up my backside. what you do in your private life is you affair, stick to topic please Link to comment Share on other sites More sharing options...
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