Gillet, Newcastle & Platini

[FatTony]

Gillet.

Firstly, for those who may know, or those that are currently able to access google

How much is he worth?
Whats he done with his other sports clubs?
How much have they spend on new players and new grounds etc?

Also, IF DIC takeover Newcastle and start pumping money into them, and the Gillet deal collapses, or he doesn't have the financial clout to back the transfers we all desire, we will possibly find ourselves (financially) behind Manure, Chavski, Newcastle and Arsenal. The guy at West Ham seems to be pulling money out of some bottmomless pit too.

Things could get very tricky, especially with Platini planning to reduce CL positions.

Discuss.

[stringy]

Gillet.

Firstly, for those who may know, or those that are currently able to access google

How much is he worth?
Whats he done with his other sports clubs?
How much have they spend on new players and new grounds etc?

Also, IF DIC takeover Newcastle and start pumping money into them, and the Gillet deal collapses, or he doesn't have the financial clout to back the transfers we all desire, we will possibly find ourselves (financially) behind Manure, Chavski, Newcastle and Arsenal. The guy at West Ham seems to be pulling money out of some bottmomless pit too.

Things could get very tricky, especially with Platini planning to reduce CL positions.

Discuss.

Why would DIC take over newcastle? I have not heard anything about this.

[Pacman]

Why would DIC take over newcastle? I have not heard anything about this.

It's in the papers today

[Guest]

It's been a snippet from a newspaper report today. It could well be bollocks mate.

[redlancer]

Newcastle have had money before and done sweet fa with it,
you need a team and given Chav's, Scum, Arse, WHu, Villa, Spurs also have money to spend there's only so many world class players going around unless of course they use the money to clone them.
Then out of thoose world class players who'd go to a team outside the top.

And any investment group will require CL every year.

We're arguably only a couple of players of having a Rafa team that will win the PL. So for the next couple of years other teams will be playing catch up and then they'll get there by money not sweat and blood.

[DeeGame]

Daily Mail according to BBC:

Newcastle could be the next target for Dubai International Capital. (Daily Mail)

http://news.bbc.co.uk/sport1/hi/foot...rs/6319535.stm

[Shaggy]

What a kick in the guts that'd be if DIC took over the ****ing Geordies.

[KK07]

Sweet lamb of Jesus,****ing Newcastle!!

This just gets worse.

Suppose we'll have to wait and see what happens before we panic too much.

[JohnnyLambert]

After training at McKinsey & Company, aged 27 he phoned NFL commissioner Pete Roselle and asked if there were any ownership opportunities in the league. Roselle, believing the young caller was from the Gillette razor empire, talked at length with Gillett and gave him a lead on a new American Football League expansion franchise, the Miami Dolphins. Gillett negotiated a 22% holding, selling it before the Dolphins made NFL history with their perfect season in 1972.

In 1967 along with John Kluge and a third partner they bought the bankrupt Harlem Globetrotters from the estate of the famous clowning basketball team’s deceased founder Abe Saperstein[2]

In 1976, after selling his interest in the Harlem Globetrotters, in his position with McKinsey he was summoned by the Wisconsin governor to figure out what was ailing Green Bay’s largest employer, Packerland Inc.. Gillett reported back that Packerland’s chief problem was that the meat used was mostly dairy cattle and thus poorly marbled and that the meat was unacceptably lean by grocers’ standards. Gillett bought the company in 1978, and rather than dump inventory changed the customers: he created a marketing campaign around “lean beef,” a category that didn’t exist in the ’70s.

In 1979 he launched Gillett Communications by buying three small television stations. Three years later he bought the WSM television station in Nashville. In 1984 Gillett acquired Post Corporation's eight television stations, 22 newspapers and associated plant; the non-broadcast assets were sold to Thomson Corporation and other buyers. In 1987 he acquired Storer Broadcasting using Kohlberg Kravis Roberts junk bonds, after the FCC lifted restrictions on ownership.

In 1985 Gillett acquired Vail Associates' Vail and Beaver Creek ski resorts, creating a new era with focus on customer service, Gillett redefined the ski experience and what it meant to be a world class resort. George would often ride chairlifts and greeting guests, and launched a massive installation of high-speed detachable chairlifts thereby kick-starting the growth that would put Vail on the map as America's number one ski destination. Gillett also supported major alpine ski events at a time when most ski areas in American declined to host international races, starting with the 1989 World Alpine Ski Championships, and through his support hosted the 1999 World Alpine Ski Championships[3].

Gillett's companies sought Chapter 11 protection in 1992 as higher interest rates penalised junk bond issuers. Gillett's media arm was reorganised as New World Communications under the control of Ronald Perelman.


[edit] After junk bonds
After resultantly declaring bankruptcy, but remaining on the payroll of Vail Resort at $1.5 million a year, Gillett walked away with $32.1 million to restart his business empire when Vail floated on the NYSE the following year[4]. In 1995 he repurchased Packerland undertaken by Booth Creek Management Corp., a company created to oversee the acquisitions and management of interests of the Gillett family from that point forwards, and of which Gillett remains Chairman.

In 1996 he formed Booth Creek Ski Holdings Inc., acquiring or building a range of ski resorts in New Hampshire, California, Washington and Wyoming. He later bought Grand Targhee Ski and Summer Resort, together with several golf courses.

From 1997 he extended his meat interests by building Corporate Brand Foods America (which included Iowa Ham, Jordan Meats and Wright Bacon), latterly bought by Iowa Beef Processors for US$550 million. Gillett and Hicks, Muse, Tate & Furst then bought ConAgra's beef operations - Swift and Company - for US$1.4 billion in 2001[5]. This also controls:

Petaluma Poultry - natural and organic chicken products
Snowball Foods - food processor of turkey and chicken products
Kings Delight - food processor of turkey and chicken products
B3R Country Meats - processes fresh and frozen natural beef
Coleman Natural Products - processes fresh and frozen natural beef and lamb
Gerhard’s Napa Valley Sausage - a producer of gourmet sausage products made primarily from poultry
Gillett's other business interests include:

Sports - after a failed bid in 2000 with Pat Bowlen and John Elway to buy the NBA Denver Nuggets, NHL Colorado Avalanche and Pepsi Center; on 2 January 2000 Gillett bought an 80% interest in the NHL Montreal Canadiens and their home the Bell Centre (formerly the Molson Centre) for US$185 million[6] Gillett also owns the sports and entertainment promoter the Gillett Entertainment Group
Auto Dealership - Silverthorne Motors, Inc., an automotive dealerships with franchisee's for Subaru, Dodge, Chrysler and Jeep
Northland Services Inc. - a marine transportation company
Great Northern Bark and Sierra Organics - landscaping and gardening products company
From October 2006, he has been one of the parties interested in a proposed takeover of English Premiership football side Liverpool[7]

On January 22-26, 2007: Reports stated that Gillett had made another bid for Liverpool. On 31 January 2007, Dubai International Capital announced they had pulled out of the deal giving Gillett the opportunity to buy the club from David Moores. Liverpool fans are very dissapointed with this and wish that gillet would have never had made an offer to start with

[DeeGame]

Sweet lamb of Jesus,****ing Newcastle!!

This just gets worse.

Suppose we'll have to wait and see what happens before we panic too much.

Wonders if KK07 realises his posting in the footy section & not the chat section

[JohnnyLambert]

George N. Gillett Jr. (born October 22, 1938) is an American businessman.
George Gillett

Building his fortune through sports franchises and meat production with an estimated fortune of $860million, Gillett and his wife Rose live in Vail, Colorado and have four sons: George III, Andrew and twins Alexander and Foster (the latter twin the only son not involved in the family business)[1].

[steveheighwayrobbery]

[QUOTE=King Kenny 07;268536]Sweet lamb of Jesus,****ing Newcastle!! :QUOTE]
that whole phrase sends such images through my head that frankly make me shudder

[FatTony]

Newcastle have had money before and done sweet fa with it,
you need a team and given Chav's, Scum, Arse, WHu, Villa, Spurs also have money to spend there's only so many world class players going around unless of course they use the money to clone them.
Then out of thoose world class players who'd go to a team outside the top.

And any investment group will require CL every year.

We're arguably only a couple of players of having a Rafa team that will win the PL. So for the next couple of years other teams will be playing catch up and then they'll get there by money not sweat and blood.

Agreed, but Newcastle have only pumped money in for one or two dodgy buys since they almost won the league with Keegan. Blackburn did it as did Chavski (bought the league)

It seems that we're always one or two players short every season. Each year we have that one final piece of the jigsaw (this year it was Bellamy). To be honest, its because the last piece of the jigsaw that is going to make a difference to us has always been a world player of the year type and we're never in for them are we, its always a "make do" player that we bring in to run the wing or poach us goals.

Yes there are only so many world class players to go round, but if we don't have the finances to bring them in, they will be going elsewhere, and they may well have a choice of 4 clubs now, not 3.

[FatTony]

Cheers JohnnyLambert, but what have his sports teams done on the field and how have they faired in the transfer markets?

[Mumsafan]

DS said the hockey team are ****e and haven't bought anyone of note