Hi everyone,
I am very positive about this take over but can anyone enlighten me a bit more on Sport Republic? As they are an investment vehicle I was wondering about a couple of things:
1. What is their capitalisation? They have already (allegedly) spent somewhere in the region of £150 million. They have said they're going to buy more clubs so they will have to spend at least that again even if that is for more than one club. So even conservatively I would imagine they would need at least £400-£500 million to buy and invest (hopefully more in Saints!) Is there any information on how much Dragan and other investors have put in?
2) Investors invest to get a return. Where is this going to come from? Football is notoriously loss making and I cannot see how data analytics investments are going to give massive returns.
All in all, however, this takeover has to be a good thing, especially as football people are involved and the noises being made are positive. Here's to a promising future!