Larry Tanenbaum & MLSE interested in buying Sheffield Wednesday
This is a crazy rumor, but it seems Larry Tanenbaum & MLSE are interested in buying Sheffield Wednesday:
Jimmy @JFergusonSPORT 2h Canadian billionaire Lawrence Tanenbaum, owner of Maple Leaf Sports & Ents has expressed an interest in buying out #SWFC on Canadian TV
https://twitter.com/JFergusonSPORT/s...38902082166786
https://twitter.com/search?q=%23SWFC...ash&f=realtime
I would like to know when this happened. They had interest in Sheffield a long time ago, but I believe that has long since passed.
Can't see the current organization making that sort of move, it's way outside their mandate.
I hope they do and then screw it up royally.
- Leeds fan
First it was Leeds now Sheffield? At this rate they'll end up with Wakefield FC.
YORKSHIRE!
They certainly have the money to fix up the club and make a strong run for the Premiership. But it all depends on their willingness to properly invest in the club. Otherwise it's just a really odd move.
I'd rather they put their energies into running TFC and winning championships with them first.
Since we all have 'Canadian TV', did anyone see the report in question? Because I certainly haven't seen Larry on TV talking about Sheffield
First part - mehOriginally Posted by PopePouri
Second part - guaranteed
I don't see how buying another sports property would effect TFC negatively or positively. It's not like we need Tanenbaum and his team of financial guys to sit and work hard on TFC 24 hours a day. That's all been done now. The rest is up to Bez and Ryan Nelsen (whom I saw at Yonge/Eg today btw - I guess he lives up there). Also, it could be positive as we could have an advantage in loaning/selling/buying players from the other club.
Well it would fit in perfectly with MLSE's new marketing scheme...
All Drake all the time.
I heard something about this earlier today. It seems MLSE 's point man in this venture is Mo Johnson, an expert in the area of scouting, player development, contract negotiation, and loves to partake in a pint or two of piss warm beer.
Mmmm...Chip butties and Yorkshire pudding at BMO Field.
O, Maple Leaf around the world, You speak as you rise high above,
Of courage, peace and quiet strength, Of the Canada that I love.
Remind us all, our union bound by ties we cannot sever,
Bright flag revered on every ground, The Maple Leaf forever
Est 1867 too.
Something Canadian about that.
I always laugh when these rumors come up. MLSE cant produce a winner in the softest leagues in the world, they are pampered and coddled with a salary cap in addition to being rewarded for sucking.
I don't know what they are thinking but they are going nowhere in that fierce English environment without substantial investments, unless MLSE got a Sheikh they are toast in that competitive environment.
Last edited by Richard; 01-17-2014 at 05:52 PM.
Since NFL dream is dead (for now), MLSE is focusing on buying a soccer club to increase their portfolio value. I believe Leiweke wants to double current MLSE value by end of his contract with MLSE. Buying English club in lower division and building it up to get into first division would be huge for MLSE ROI. I believe each EPL team gets 1 billion pounds from TV contract alone. So money and upside is there if MLSE can build a winner and get promoted to first division (and still be there of course). In TFC POV: We can loan our players or get players from EPL for cheap. So TFC benefits if MLSE decides to buy an English club.
1 billion each? I am 99.999% that is incorrect information
Sorry, you're right. EPL as a league gets billions of pounds (1 billion last I heard, but it probably be more now). Not sure how much each team gets now, but TV money alone is huge.
EDIT: It's 3 billion pounds for domestic TV rights alone (3 year period). Add foreign rights, it's even more money for clubs. Point is EPL TV money is huge (NFL like)!
Source: http://www.marketwatch.com/story/eng...eal-2012-06-13
Last edited by TFC07; 01-17-2014 at 06:08 PM.
Yeah, I very much doubt this happened recently. Suspect someone read old press clippings and got very excited.
The conversation of the SWFC forum is a fun read.
http://www.owlstalk.co.uk/forums/ind...keover-rumour/
God damn it Raptors, I KNEW that Ovo thing would come back to bite us quick
This was a Peddie/Anselmi idea, and a pretty stupid one. Hatched when Teachers were doing a lot of deals in the UK. Main purpose of this was probably to create fun international travel opportunties, for Peddie and Anselmi.
Who here honestly believes that...
1) Tim Leiweke has the slightest interest in something this minor league and non-strategic
2) Larry Tanenbaum has the slightest interest in any sports business located more than 5 miles from his office
Last edited by ensco; 01-17-2014 at 07:28 PM.
“What the world needs is more geniuses with humility; there are so few of us left.”
So what is the mysterious "Canadian TV" this person tweets of?
I think it's something on the order of 150 million quid per team. Then there is the prize money for final league position.
Moderator
So now we have linked to the SWFC supporters thread, and they have linked to our thread, and we are talking about eachothers' threads.
INCEPTION.
- Scott
“Heroism breaks its heart, and idealism its back, on the intransigence of the credulous and the mediocre, manipulated by the cynical and the corrupt.” ~Christopher Hitchens
Lol...yeah, if any Owls fans are reading this, you may have won last weekend, but just remember who rules the roost in Yorkshire! I figure we need to let you win every decade or so...
Last edited by tfcleeds; 01-17-2014 at 08:25 PM.
Haha! This story is going nowhere so let's just start a forum war between us and the SWFC forum. That at least is entertaining.
From the site:
1)Don't get too excited don't forget milans a billionaire and he's as tight as mother Teresa's fanny
2)Maple Leafs - Wonderful history, fantastic support, great stadium and a team that's been shite for years. He seems eminently well qualified
3)We would fit right in with them, every team they own are shite
LOL
Last edited by Richard; 01-17-2014 at 08:35 PM.
Well according to Toronto mayoral math, that's about a billion, so TFC07 was right after all.
Amazing haha. YORKSHIRE IS A PUDDING!!
They should pray they don't get the MLSE stink on them. New owners or not, they wouldn't be getting Leiweke or Drake so they'd be up shits creek
Vincent Tan has lowered the bar for foreign owners in English fb. As long as Larry doesn't hire some relative's drinking buddy as chairman, it's good.
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