UK time is: 15:29:17
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Potential Buyers?

Concerned that they are getting left behind in the Premiership takeover frenzy, US conglomerate General Electric is hoping to pull off a big takeover deal. It is setting up a special unit in its London office which will also look at commercial rights deals, stadium financing and refinancing packaging for clubs.

Hermes Sports Partners, GE's London-based sports unit, has brought in a financier and adviser with sports contacts across Europe as their interest extends to the continental leagues. Harry Philp, managing director of Hermes, said the Premier League and the top half of the Championship were under scrutiny for possible takeovers.

He commented, 'We are looking to do big deals but, at the moment, there are not that many around.' Ken Goldborough, European head of GE's media, communications and entertainment unit, said: 'Ongoing takeover activity surrounding football clubs, including Liverpool and Arsenal, shows what an international, attractive and fast-moving industry this is.' GE claim that their acquisition finance unit will be the only one focused soley on the sports industry in Europe.

After much focus on British and American bids, it looks as if Manchester City had gone for the Thai option. Deposed Thai prime minister Thaksin Shinawatra, has been allowed to undertake due diligence and is thought likely to make a bid of 92m.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Saturday May 19 2007

Time: 9:01PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Nottingham Forest Articles

Bash9's Player Ratings: Forest v Brighton (Tuesday September 30 2014)

Wigan v Forest: Vital Match Preview (Tuesday September 30 2014)

Mind Your Chanting!!!! (Friday September 26 2014)

Forest v Brighton: Vital Match Preview (Friday September 26 2014)

Archived Nottingham Forest Articles

List All Vital Forest Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results
Forest 0 - 0 Brighton
Forest 5 - 3 Fulham
Bournemouth 1 - 2 Forest
Sheff Wed 0 - 1 Forest
Millwall 0 - 0 Forest
Wigan 0 - 0 Forest

League Table (view table)

Team P W D L GD Pts
1. Norwich 10 6 2 2 +11 20
2. Forest 10 5 5 0 +10 20
3. Watford 10 6 2 2 +8 20
4. Derby County 10 5 4 1 +9 19
5. Ipswich 10 5 3 2 +6 18
6. Charlton 10 4 6 0 +4 18
7. Wolves 10 5 3 2 +3 18

Breaking League News

RUFC - Middlesbrough Tickets On Sale
Rotherham : 02/10/2014 13:03:00
Sagbo signing opens door for McAlinden
Wolves : 02/10/2014 12:00:00
Cherries travel to Bolton
Bournemouth : 02/10/2014 11:16:00
Wolves were shell-shocked
Wolves : 02/10/2014 10:21:00
Wolves : 02/10/2014 10:15:00

Current Site Poll (view all polls)

Djamel Abdoun is yet to find a new club - would you keep him to see if he can turn his Forest career
Suggested By:  OKD
Yes - given current injuries 69%
No - get rid asap 31%