Anything is only worth what someone is willing to pay for it.
I can see someone paying £3-4bn for us as a prestige sort of thing, a bit of oil-sheik oneupmanship sort of thing, but from a serious business pov, you have to be looking at what FSG did and saying, well, let’s just buy someone like Sunderland, increase their revenues until they’re worth £1bn+ and then sell them on
The second part I’ve had a think about it and hvae a novel idea…
They could set up a completely different company and use that to funnel funds from the State to purchase united
This. It is still a conflict of interest that really shouldnt be allowed and the authorities should do a much better job of being on top of, but this is the argument.
Similar with the Qatar situation. QIA is the official investment fund of Qatar, and this is who is being reported as looking at Prem ownership. PSG are owned by QSI, which they claim is different, but is still a subsidiary of QIA. But even if it wasnt it comes back to the reality that in these states, any monied interest sufficiently big to make these moves is in some way tied to the state.
Spearman is also someone who has been mentioned previously as having had a significant impact there. Obviously doesn’t mean he will be as successful in his new role but I think that will have played a big part in his promotion.
Especially when the job is such a niche application of the academic training. There might be other candidates better at solving differential equations, but the list of people with that background and experience applying to football is still really small that for the immediate future Id expect most of these big jobs to be given to people with relationships to people who had them before…