Vital Football

Latest Nottingham Forest News

Potential Buyers?

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.



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

Writer:
Date:Saturday May 19 2007
Time: 9:01PM

Login to post a comment

Recent Nottingham Forest Articles

Vital View - Championship - 8th-9th December 2017

The Championship season continued with the latest round of games played over the weekend, 8th-9th December.

Reactions - Nottingham Forest v Bolton (9/12/17)

Following today's clash between Nottingham Forest and Bolton Wanderers, here are the instant reactions from both managers.

Stats: Nottingham Forest v Bolton Wanderers

All the stats from Nottingham Forest (3) vs (2) Bolton Wanderers, City Ground, 9/12/17 Att: 22,882

Nottingham Forest v Bolton - Team Sheets - 9-12-17

Nottingham Forest are at the City Ground with Bolton the visitors for the latest Championship game.

Nottingham Forest Archived Articles

Vital Forest articles from

Site Journalists

Kev Finnegan
no email
Profile
Our Kids Dad
Editor email
Profile

Current Poll (see more polls)

Bolton MotM
Suggested By: Site Staff
Smith3%
Mancienne9%
Worrall4%
Mills27%
Lichaj9%
Bridcutt9%
Osborn0%
Walker22%
Dowell0%
McKay9%
Murphy4%
Sub - Bouchalakis0%
Sub - Carayol4%
Sub - Brereton0%
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Nottingham Forest Results (view all)

Nottingham Forest Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Old Red Fart91
2.Apollyon55
3.Ingy53
4.Pope John XXIII53
5.LyttleByLyttle50
6.seasider red44
7.mao tse tung41
8.orbitalforest41
9.Calvin Plummer39
10.Our Kids Dad34
Write for Vital Football