Elon Musk’s Man Utd joke masks serious M&A logic

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Elon Musk’s Manchester United joke masks serious M&A logic, writes LiamWardProud:

 

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Breakingviews - Elon Musk’s Man Utd joke masks serious M&A logicUnfortunately for Manchester United fans, the world’s richest person is not planning on buying the $2 billion soccer club. Tesla boss Elon Musk on Wednesday clarified that he was only kidding when he mentioned the idea on Twitter. Still, there’s money to be made for a patient buyer who is willing to focus more on revenue growth than short-term cash flow. LiamWardProud They should be liquidated to get rid of the corporate raiders who bought them. And then do an MBO of players and past players.
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Breakingviews - Elon Musk’s Man Utd joke masks serious M&A logicUnfortunately for Manchester United fans, the world’s richest person is not planning on buying the $2 billion soccer club. Tesla boss Elon Musk on Wednesday clarified that he was only kidding when he mentioned the idea on Twitter. Still, there’s money to be made for a patient buyer who is willing to focus more on revenue growth than short-term cash flow. LiamWardProud They should be liquidated to get rid of the corporate raiders who bought them. And then do an MBO of players and past players.
Source: Breakingviews - 🏆 470. / 51 Read more »

Elon Musk’s Man Utd joke masks serious M&A logicThe world’s richest person was kidding when he said he would buy the $2 bln soccer club. Yet there’s money to be made for any buyer who, unlike the current owners, is willing to focus more on revenue growth and less on dividends. Rivals Liverpool and Man City offer a template.
Source: Breakingviews - 🏆 470. / 51 Read more »