I think the principal is easy to understand for anyone who has ever owned a home…the effort to squeeze the absolutely max offer out of your situation may not be worth the effort if the decent enough offers allow you to free up the capital you need to buy the new house you’ve identified, and you have to get the deal done before someone else buys your dream home.
What is difficult to understand, obviously, is the amount of money they’re allegedly willing to leave on the table. That either speaks to journos talking bollocks, or the opportunity cost of having a drawn out bidding process being too much. An NBA franchise is currently on the market and so sources are suggesting FSG are looking at them. Notably, the expected price for that will be around 3 billion, the same being quoted as a potential sale price for us. Once the sale goes through the opportunity to get into the NBA will be gone and may not come around again for a long time. So would you leave this much money on the table if it allowed you to walk away with still a ten fold profit on your investment and enable you parlay that into the limited opportunity deal you really wanted?
On FM, I always set the top available price for any player I want to sell, even non-contract players that I could release for free, I will demand top toip dollar for
I’m a real estate agent and that’s exactly the logic I use, especially if they will have made a profit on their initial purchase. Incredibly easy sales to close and everyone is a winner. Seller makes a profit, gets what they want and walks away happy, purchaser is happy by getting what they want for less than market value.
If that’s anything like what’s going on here I doubt FSG will quibble too much. The numbers may be astronomical but the principle remains much the same, I’d think.
wouldnt suprise me if we have new owners by time we start PL again.
These sales take months so I think FsG already have already agreed a sale to someone.