Potential Minority Investment

Discussion in 'The Hornets' Nest - Watford Chat' started by TomWatfordFC, Dec 29, 2023.

  1. TomWatfordFC

    TomWatfordFC Reservist

    Watford are in discussions with a U.S. investment group over the sale of an initial minority stake in the club.

    Talks are at an early stage but are based on a £150m-£200m ($190m-$200m) valuation of the Championship club according to sources close to the deal, who will remain anonymous owing to the confidential nature of negotiations.

    Source: Adam Leventhal / The Athletic
    https://twitter.com/AdamLeventhal/status/1740680023944941669?t=OezCj2k6mHnfnzwqX5nheA&s=19
     
    Heidar and SkylaRose like this.
  2. hornetboy1

    hornetboy1 First Team Captain

    Yep, this has been on the cards for a while now. This is very encouraging news. Minority share leading to a potential full buyout.

    As I’ve been saying. Thanks for the first 7 years Pozzo’s, but it’s time to leave and let someone else have a go.
     
  3. SkylaRose

    SkylaRose Administrator Staff Member

    Interesting development. Let's see if anything comes of this as it does seem like the Warner Bros. rumour was exactly that.
     
    lutonh8a and Watfordftw like this.
  4. Heidar

    Heidar Squad Player

    Exactly what we need.

    Feel like we are building something this season. Would be a waste if we can't afford to keep the likes of Asprilla and Koné to pay debts.
     
    lutonh8a likes this.
  5. wfc4ever

    wfc4ever Administrator Staff Member

    Hopefully not dodgy ones !

    Seems to be a mixed record regarding American owners .

    Wouldn’t start getting too excited and giddy till we know more and if this happens.

    Certainly won’t be a quick done deal - doubt this means anyone decent won't be sold if the right money is offered.
     
    Last edited: Dec 29, 2023
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  6. The undeniable truth

    The undeniable truth First Team Captain

    ".....based on a £150m-£200m ($190m-$200m) valuation of the Championship club...."
    Really ? Discounted for a minority stake ? Bite their bloody hands off.
    If new shares are issued that would mean funds into the club. If the Pozzos would be selling some existing shares to them it doesn't necessarily mean funds into the club.
    Is there a safe place to read the whole article ?
     
    wfc4ever likes this.
  7. Chumlax

    Chumlax Squad Player

    [​IMG]

    (Maybe)
     
  8. hornetboy1

    hornetboy1 First Team Captain

    Heard one of the new investors is Boris Lazzini.
     
    Cthulhu, hornmeister, Otter and 5 others like this.
  9. GoingDown

    GoingDown "The Stability"

    Try climbing a ladder. Somewhere between a 11 and 13 foot one.
     
  10. GoingDown

    GoingDown "The Stability"

    This is 2023 mate. ‘Anyone decent’ left ages ago.
     
  11. Hogg-DEENEY!!!

    Hogg-DEENEY!!! First Team

    The last thing Watford fans proclaimed to be 'exactly what we need' was Cathcart and Deeney, who proved to be pretty much the complete opposite tbf!
     
  12. wfc4ever

    wfc4ever Administrator Staff Member

    At the end of their time here I presume?
     
  13. Jumbolina

    Jumbolina First Team

    By goodness that was a cringeworthy song.
     
  14. Hogg-DEENEY!!!

    Hogg-DEENEY!!! First Team

    2019-20, so Cathcart still had a little bit left in the tank, but both were inadequate at Prem level
     
    wfc4ever likes this.
  15. IRB

    IRB THe artist formally know as ImRonBurgundy?

    Uncle Ron led consortium I’m hearing
     
  16. Since63

    Since63 Squad Player

    I was talking yesterday to the Ipswich Commercial Manager who said a lot of the WFC staff were working very hard at schmoozing some potential US-based investors during our game against them.
     
    jrmich9, lutonh8a, 3000 and 6 others like this.
  17. Hogg-DEENEY!!!

    Hogg-DEENEY!!! First Team

    At least not Johnson!
     
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  18. SkylaRose

    SkylaRose Administrator Staff Member

    Ok I'm a Boomer but I am guessing 'schmoozing' is another word for "kiss arsing' or 'buttering somebody up'?
     
  19. J.B

    J.B First Team

    I can’t believe that the Club Ambassador wasn’t kept abreast of developments!

    [​IMG]
     
  20. davisp2

    davisp2 Reservist

    Hopefully we can go down the Birmingham route and sack Val and bring in Deeney as manager
     
    3000 and GoingDown like this.
  21. The undeniable truth

    The undeniable truth First Team Captain

    "Troy Deeneys Watford United"
     
    3000 likes this.
  22. Burnsy

    Burnsy First Team

    Been on the cards for a long while. The American Airlines sponsorship deal (and them still being on board) was not coincidental.
     
  23. wfcmoog

    wfcmoog Tinpot

    Sticking point at the moment is they want to change my username to WSCmoog (Watford Soccer Club). A deal could still happen though.
     
    foxywfc likes this.
  24. Cassetti's Beard.

    Cassetti's Beard. First Year Pro

    The world's worst kept secret!

    Sounds promising.
     
  25. The undeniable truth

    The undeniable truth First Team Captain

    Not even reached exclusivity stage yet which suggests no offer/price yet agreed.
    Plus the Moog username issue still to be resolved.
     
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  26. UEA_Hornet

    UEA_Hornet First Team Captain

    Ah but if they’re the only ones stupid enough to bid, they’ve already got exclusivity.
     
    Chewitt, Since63 and wfc4ever like this.
  27. hornetboy1

    hornetboy1 First Team Captain

    I see our new investors, Warner Bros, are having an influence already.

    upload_2023-12-29_13-10-3.jpeg
     
    lutonh8a, luke_golden and SkylaRose like this.
  28. The undeniable truth

    The undeniable truth First Team Captain

    They wouldn't be stupid enough not to get exclusivity in place before starting detailed DD. Other offers have stalled during DD.
     
  29. The undeniable truth

    The undeniable truth First Team Captain

    Surest sign yet that Grealish is joining....or Raj is being sold.
     
  30. lowerrous

    lowerrous First Team

    Does anyone have any idea about which US investment group?

    Hopefully it's not that SPAC deal again which was rumoured not that long ago.

    US investment in UK football clubs have hardly had much of a track record of success in recent years - aside from the boring lower league Wrexham circus.
     
  31. Supertommymooney

    Supertommymooney Squad Player

    I heard it was to be 'Tinpot FC' nickname the Tinpot Kettles to go with a new all black kit.
     
  32. GoingDown

    GoingDown "The Stability"

    I for one am totally shocked at this.
     
  33. The undeniable truth

    The undeniable truth First Team Captain

    Yes but ANYONE replacing Pozzo has got to be good - right ?
     
    dynamo380 likes this.
  34. SkylaRose

    SkylaRose Administrator Staff Member

    Maybe Musk is venturing from NASA to "Soccer"?
     
  35. Supertommymooney

    Supertommymooney Squad Player

    Not necessarily!
     
    Happy bunny likes this.

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