Various reports indicate that Hicks & Gillett are trying to raise £100 million to £125 million to finance the new stadium. In order to secure the financing they might be forced to sell 25% of their ownership in the club to what like a middle-east investor.
If this story is true then this is really good news, not only will be have a new stadium built but it will also mean the begining of the end of the Hicks & Gillett ownership. My belief is if there is a 3rd owner then HE (3rd owner) might start buying out shares from Hicks and Gillett until eventually HE has controlling interest.
Y.N.W.A.
-Antoine
antoine@empireofthekop.com