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Posted August 21, 2016 20:44 · last edited March 18, 2021 07:20

The takeover or rather, "investment" rumors are back and this time, in overdrive!

The group in question is China Everbright and they are willing to pay FSG 800m for a club they purchased for about 300m (from memory). Of course, FSG have sunk more than that into the club but would still see a significant return on investment. However, it at first appears that FSG do not want to sell up and China Everbright are willing to get involved as a minority shareholder with a view to taking over the club in the distant future. 

China Everbright is state sponsored so has almost unlimited wealth. While their current total assets sit at about 7.0B, they will also be in partnership with China Investment Corporation that has over 813B in assets and last year alone, reported 74B of net income! To put that in context, Man City's owners are worth about 20B.

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Unknown editor edited March 18, 2021 07:20

The takeover or rather, "investment" rumors are back and this time, in overdrive!

The group in question is China Everbright and they are willing to pay FSG 800m for a club they purchased for about 300m (from memory). Of course, FSG have sunk more than that into the club but would still see a significant return on investment. However, it at first appears that FSG do not want to sell up and China Everbright are willing to get involved as a minority shareholder with a view to taking over the club in the distant future. 

China Everbright is state sponsored so has almost unlimited wealth. While their current total assets sit at about 7.0B, they will also be in partnership with China Investment Corporation that has over 813B in assets and last year alone, reported 74B of net income! To put that in context, Man City's owners are worth about 20B.

LeighboNZ edited August 21, 2016 20:51

The takeover or rather, "investment" rumors are back and this time, in overdrive!

The group in question is China Everbright and they are willing to pay FSG 800m for a club they purchased for about 300m (from memory). Of course, FSG have sunk more than that into the club but would still see a significant return on investment. However, it at first appears that FSG do now want to sell up and China Everbright are willing to get involved as a minority shareholder with a view to taking over the club in the distant future. 

China Everbright is state sponsored so has almost unlimited wealth. While their current total assets sit at about 7.0B, they will also be in partnership with China Investment Corporation that has over 813B in assets and last year alone, reported 74B of net income! To put that in context, Man City's owners are worth about 20B.