Also, CPFC seem to make all these moves in full public glare, Parish can’t stop talking. The best run clubs deal with big financial moves privately, only announcing signed deals.
PR to appease the whinging fanbase?
Definitely. Tottenham tried to get a colossal investment from a Qatari? fund with Levy/Lewis not relinquishing any true control, but ultimately the state running the fund were switched on. People will try to have their cake and eat it.
There was at least two others too, Charlton, Wrexham?
But the small group structures now, such as ours, have a parent company, with at least two subsidiaries. One owning the stadium/training ground, the other everything else. Only an idiot would spend £100m’s only purchasing the latter...
And Simon Jordan who blew his £60m wealth on CP, has the cheek to bitch about the £400m invested by Tony Bloom. As much as TB loves the club, he chose a clever way in a growing sector to multiply his investment.
The formula:
CPFC OMV + (our huge pipeline of superior players - adjustment for Olise & Guehi) + modern 32k stadium at current construction costs + IP TB’s Starlizard football database
£300m? + £300m + £300m + £500m = £1.4b
Any yet companies that build the stands make tiny margins, especially on unique projects and go bust (Buckingham Group). There’s no rip off, materials (global markets), professionals and specialist trades are all expensive in a very expensive part of the world.