danielflynn_96

139 posts

danielflynn_96

danielflynn_96

@96Danielflynn

London, England Katılım Eylül 2019
114 Takip Edilen49 Takipçiler
The Tickets Guy UK 💎
The Tickets Guy UK 💎@TheTicketsGuyUK·
This tweet is to verify the legitimacy of this seller account. VOUCHES BELOW PLEASE ✅
English
26
0
1
9K
indykaila News
indykaila News@indykaila·
We have just contacted PGMOL. We got the direct telephone number from our source We asked them to release the unedited Díaz disallowed VAR audio to us They were very rude to us. I taking this matter further. No one speaks to us that way. We just want the truth! Are we wrong?
English
225
139
2K
336.9K
Footy Accumulators
Footy Accumulators@FootyAccums·
Crazy scenes in the Ajax Women's game as the goalkeeper wrongly thinks the ball is going out of play... 😭😭😭 📹 @AjaxVrouwen
English
218
230
4.4K
2.1M
danielflynn_96 retweetledi
Chelsea FC
Chelsea FC@ChelseaFC·
It’s only ever been Chelsea.
English
12.7K
59.2K
263.6K
45M
Burnley FC
Burnley FC@BurnleyOfficial·
i'm lovin' it 🍔
English
849
5.5K
43.7K
4.8M
Tom Wesseldine
Tom Wesseldine@TomVWess·
Right, lots of confusion around Chelsea, PIF and Clearlake. Journalists with no understanding of private equity are jumping to wild conclusions and I think are miles off it… So here’s a little explainer… From someone in PE (and who loves football)… First, it's crucial to understand the basic structure of private equity (PE). PE firms, like Clearlake Capital, pool money from investors to buy and improve companies, aiming to sell them for a profit later. These investors are called Limited Partners (LPs). LPs can be pension funds, endowments, wealthy individuals, and yes, even sovereign wealth funds like the Saudi Public Investment Fund (PIF). They invest in PE funds for potential high returns, not to directly control the companies PE firms buy. The key here is "indirect investment." While LPs provide the capital, the control and decision-making lies in the hands of the PE firm, the General Partner (GP). In this case, it's Clearlake Capital, who decides which companies to buy, sell, or manage. So when Clearlake Capital took a 60% stake in Chelsea FC, they did it using the pooled money from all LPs across their funds, not just PIF's investment. They did it with the intent to grow and enhance the club's value for all LPs. Yes, PIF's money forms part of the pool Clearlake Capital uses to invest. But it doesn't mean PIF directly owns or controls any portfolio company, including Chelsea FC. Clearlake Capital, as the GP, controls the club's management and strategic direction. Clearlake, managing $72bn across 10 flagship funds, has many LPs contributing to this pool. This diversification means no single LP has significant influence over Clearlake’s investment decisions or portfolio companies. But what about the scenario where PIF might be a significant LP in the fund that owns Chelsea FC? Even then, PIF's role remains passive. They provide capital, expect returns, but it’s Clearlake Capital making operational and strategic decisions. PE funds function on a fiduciary duty. Clearlake Capital is obligated to make decisions in the best interest of all LPs, not favoring any single one. Therefore, no single LP can sway the GP’s decisions to favor their specific interests. The "control rights" or "voting rights" that PIF or any LP might have are typically limited to major fund decisions, like changes to the fund's terms or its lifespan, NOT daily operations or decisions about portfolio companies. These safeguards ensure that the operations of a PE-owned company, like Chelsea FC, can’t be manipulated for political, personal, or any non-financial reasons by any individual LP. The goal is maximizing financial returns, not political control. So, to be clear, while PIF's money is part of the pool that Clearlake Capital uses to invest, it doesn't mean PIF owns Chelsea FC or has any say in how the club is run. That control remains firmly with Clearlake Capital. Given this, it's incorrect to assert that Chelsea FC is controlled by the PIF. It's controlled by Clearlake Capital, who has a fiduciary duty to act in the best interests of all its LPs - a diverse group of investors - to maximize returns. The club's operations, including player acquisitions, infrastructure investments, and strategic decisions, are all made by the GP - Clearlake Capital. It's easy to oversimplify the relationships in PE, but it's essential to understand that LPs like PIF don’t get to 'call the shots.' They trust the PE firm's expertise to manage their money effectively and provide a return on investment. Ultimately, the goal of Clearlake Capital is to improve Chelsea FC's performance - both on the field and as a business - to increase its value. This increased value, when realized through a sale or other exit, is what generates returns for all LPs. (1/2)
English
37
344
979
184.5K
Watcher.Guru
Watcher.Guru@WatcherGuru·
🇺🇸 Former President Trump when asked what's the first thing he would do to bring down rising costs "Drill baby, Drill."
English
574
1.5K
12.4K
2.7M
Road To Cheltenham
Road To Cheltenham@RoadCheltenham·
😂 Jerry Hannon with an interesting call at Fairyhouse this afternoon. Monkfish, Fishcake or Monkshit?
English
24
28
368
124.4K
danielflynn_96 retweetledi
David Ornstein
David Ornstein@David_Ornstein·
🚨 Chelsea are close to appointing Frank Lampard as head coach on an interim basis until the end of this season. Proposed deal would see 44yo installed immediately, while exhaustive search for new permanent boss continues in weeks ahead @TheAthleticFC #CFC theathletic.com/4383209/2023/0…
English
2K
2.5K
15.9K
9.9M
Sporting Life Racing
Sporting Life Racing@SportingLife·
🗣️ "He's given us some great days over the years..." 🏇💫 Wishing a very happy retirement to the four-time Grade 1-winner, Kemboy!
Sporting Life Racing tweet media
English
6
17
237
36.8K
Fabrizio Romano
Fabrizio Romano@FabrizioRomano·
Mason Mount has now appointed Neil Fewings as new agent, agreement done weeks ago — understand it’s very likely that he will leave Chelsea in July 🚨🔵 #CFC Fewings will now help Mount in talks, as first called by @MattHughesDM.
Fabrizio Romano tweet media
English
1.4K
3.2K
49K
8.5M
Football Tweet ⚽
Football Tweet ⚽@Footballtweet·
The opposition get a penalty. If your goalkeeper saves it, you will win £1 million. Which goalkeeper are you choosing to face it? 🧤
Football Tweet ⚽ tweet media
English
1.1K
64
2K
1.6M