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Thread: Saudi Takeover of Galway

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    Seasoned Pro NeverFeltBetter's Avatar
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    Saudi Takeover of Galway

    Well, well, well, what do we make of this?: https://www.rte.ie/sport/soccer/2018...audi-takeover/
    Author of Never Felt Better (History, Film Reviews).

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    Reserves D24Saint's Avatar
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    Quote Originally Posted by NeverFeltBetter View Post
    Well, well, well, what do we make of this?: https://www.rte.ie/sport/soccer/2018...audi-takeover/
    When people think of a Saudi takeover they imagine the crown prince pumping in millions but this could be just some joe soap chancers.

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    Biased against YOUR club pineapple stu's Avatar
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    Galway close in on Saudi Arabia takeover?

    Not sure Riyadh is ready yet for the infidel delights of Eyre Square tbh.

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    Youth Team CorribsideSteve's Avatar
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    A Saudi version of Nick Leeson? I'm pretty dubious.

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    Reserves Olander's Avatar
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    Quote Originally Posted by CorribsideSteve View Post
    A Saudi version of Nick Leeson? I'm pretty dubious.
    What? What a strange post to make.

    Nick Leeson was the club's CEO, not an investor or owner. He was appointed by the club's board at the time, which was largely made up of local businessmen and had zero supporter input.

    Co-op members will decide this when they vote on whether it goes ahead or not after the facts are presented to them at an EGM next week, I would not jump into this two footed or discount it either until things become clearer.
    roddy collins you're a flanker you're a flanker!

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    Why is a small Irish football club looking to takeover Saudi Arabia ?!

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    Coach Longfordian's Avatar
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    Will they ban women from the games?
    "He mightn't always be right but he's never wrong"

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    And beer.....pity I liked the bar in Galway

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    Capped Player nigel-harps1954's Avatar
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    Quote Originally Posted by sbgawa View Post
    And beer.....pity I liked the bar in Galway
    Saudis got rid of that before the season started.

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    Quote Originally Posted by Longfordian View Post
    Will they ban women from the games?
    Maybe they'll lift the club's ban on football

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    Coach Longfordian's Avatar
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    Instead of crisps and minerals it’ll be dates and water. GUFC fans putting tea towels over their heads to welcome their new overlords.
    "He mightn't always be right but he's never wrong"

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    Any more bad jokes about the Saudi's and heads will roll!!

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    Seasoned Pro El-Pietro's Avatar
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    Its hard to know whether this is good or bad for Galway. If it were us I'd be very much against it, but they have much less to lose than we do. They have a trust in place and if they do get bought out or hand over the club they can continue raising funds in the background to be ready in case it doesn't work out again.

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    I'm sure the FAI will carry out proper due diligence and we'll all sleep comfortably in our beds, but we might see John Delaney muttering in full-blown Lady Macbeth mode before too long: 'All the perfumes of Arabia will not sweeten this little hand.'
    Hello, hello? What's going on? What's all this shouting, we'll have no trouble here!
    - E Tattsyrup.

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    Seasoned Pro Nesta99's Avatar
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    Its a disaster waiting to happen!! Sure look what Arkaga did, so nooooo to inward investment in League of Ireland!!

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    First Team dong's Avatar
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    Quote Originally Posted by El-Pietro View Post
    Its hard to know whether this is good or bad for Galway. If it were us I'd be very much against it, but they have much less to lose than we do. They have a trust in place and if they do get bought out or hand over the club they can continue raising funds in the background to be ready in case it doesn't work out again.
    True enough but will the fundraising continue if there is the perception of a big bankroller behind the scenes?
    In any case, Galway is probably the right place for a trial like this. They have no real support in the city, no football history and never will have so if they have a few good years of success before the rug is pulled then why not?

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    First Team Redzer's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Its a disaster waiting to happen!! Sure look what Arkaga did, so nooooo to inward investment in League of Ireland!!
    For sure. but Galway will go for it, in the hope of instant success.
    I have scattered my dreams underneath your feet, tread carefully, cos it's my dreams you walk on.

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    Reserves Treaty Gooner's Avatar
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    Course they will. Who wouldn’t. Limerick would have the falcons on the roof of the Markets Field already if it was them instead of Galway.

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    Seasoned Pro El-Pietro's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Its a disaster waiting to happen!! Sure look what Arkaga did, so nooooo to inward investment in League of Ireland!!
    As I said, I'd be against it at my club. But when you look at Waterford who have gone from irrelavance to being on the brink of Europe and you look at Galway and how far they are from the top of the first division, and their crowds you'd wonder if its worth the roll of the dice in their case. Maybe I'm more open to this because I saw them in Cobh last week and they looked dire. Obviously its unfair to judge them based on one game, and I'm used to watching the Champions but they were very poor.

    I was very much against the Dundalk investment because it sounds a lot like Arkaga, and I may well be wrong on that. Its still too early to judge of course.

    Quote Originally Posted by dong View Post
    True enough but will the fundraising continue if there is the perception of a big bankroller behind the scenes?
    In any case, Galway is probably the right place for a trial like this. They have no real support in the city, no football history and never will have so if they have a few good years of success before the rug is pulled then why not?
    You would hope they would keep the trust in place but they may not do. It really depends on what the investors have to say about their plans. FORAS originated as a trust with aims to fund facilities, and was quickly repurposed. Maybe GUST can find a different focal point if they do sell, maybe something with youth football, or to fund the academy, something just to keep the structures in place.

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    Why wouldn't a consortium 'invest' in a League of Ireland club, bucket loads of cash to be profited from a sure bet win-win of a league exceeding anything to be seen in the arab oil fields

    It's not just Galway attracting interest from further afield, I'm hearing Cabinteely are subject to interest from the same guys from Qatar who bought the 2022 World Cup and even Firhouse Clover are subject to a proposed takeover by some Bahraini lads
    The Leinster Senior League needs a strong Bohemians

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