Borini
Key Player
'Swansea City statement | New investment' Swansea City statement | New investment | Swansea
Will we actually get funds to use ???
Will we actually get funds to use ???
It's not a good thing .... they could be putting money in and diluting their ownership to avoid a total financial collapse ... in other words self-preservation.Kaplan says they put more money in but this is never a good thing right?
Exactly, when they say investment we think that it's going to the transfer budget. These owners just took on a needless loan. The whole reason this guy is loaning money to the club is so he can make a profit one way or another. He's not an investor give me a break.The question here is the definition of "investment".
Did the new guy buy equity from existing owners and therefore no cash injected into the business. One or more existing owners in the owning investment group just grabbed some cash and ran.
Or ...
Did the new guy receive new equity out of club treasury or some structured debt/equity deal and therefore there should be new cash injected into the business.
Filings at Companies House may reveal what happened. Since the new guy is on the board of directors there should be a filing on this.
Without new cash injection it's meaningless to the club as a business entity ... just another person from America that thinks he knows something about football, has play money, and wants to play.
Serious investors that are buying into the football industry are trying to create entities like City Group ... e.g. Kapital Football GGroup US investor eyes Premier League club to kickstart CFG-style portfolio
Joe DaGrossa is a good guy, owns or has interests in a number of properties in the football industry from clubs to conference operations.