How Will A Bid For City Be Structured And Financed?
How will a bid for City be structured and financed? That is a question only a few people would know the answer to and that is assuming that there are suitors out there still interested in buying our Club.
Until a formal bid is made and accepted by the board, City's 6,500 shareholders will not know the details of any bid. Down the road, it is well known that the Glazers funded their bid with a lot of debt. The most recent club to accept a bid is Liverpool and whilst it was assumed that a lot of cash would be used it now transpires that this is not the case. David Conn's article in the Guardian today looks at how the Liverpool takeover has been structured and financed, you can read it here
What lies in store for our great Club? Who knows, we will have to wait and see what develops.