Billionaire moves closer to potential United takeover
at least prove that GACP and Peter Kenyon are continuing to press on with their plans.
The group are reportedly eyeing a £300million buyout of the Magpies, with the deal stretchedoutoverthreeyears.
AccordingtotheDailyMail the bid was lodged with Mike Ashley on or before September 27 and an answer on their bid expected within 10 days.
ThereportedGACPSports deal would see them make a down-payment of £125m to takecontrolatStJames'sPark, withafurther£175mtobepaid over three years, with Ashley retaining a number of rights, including advertising around thestadiumuntilthedebtwas cleared.
Speaking in a recent interview with Get French Football News, billionaire DaGrosa – current chairman of Ligue 1 Bordeaux – revealed his feelings towards the ownership of a football club. DaGrosa is chairmanofLigue1outfitBordeaux.
"Thereisanemotioninthis business that does not exist in any other,” he said.
"I've been in insurance which is all about the numbers, the burger business (Burger King) and believe it or not, that's also all about the numbers.
"Then you get into sport and it's emotional. Everyone has a view and everyone likes to share their views. It's a real balancing act."
One of Ashley’s biggest errors in his early days at United was employing the wrong peopletothewrongroles–see DennisWise,DerekLlambias, Joe Kinnear et al.
This is something DaGrosa does not take lightly.
“Gettingthecoachingposition and head of football right has been important and also the person running the academy - our secret weapon,” he said of his running of Bordeaux. “They are three key positions. We are trying to create value.
“We will accept losses over the first few years. We want to createfranchisevalue-theway to do that is by having a good team,andagoodacademysystem.
“Not wanting to pick on PSG, but they have a lot of money and throw it around. They have different values, different aims.
“In our case we want to buildtheclubfromtheground up,producehome-grownplayersandeventuallykeepalotof that talent in Bordeaux.
“We have got to develop young talent, like a fine wine and wait for the right vintage.
“This is with a view to having a very strong squad in two, three, four years time.”
Head coach Steve Bruce remains in the dark about the situation behind-the-scenes at United, although planning is already in place for the next window,withthemanagerset to get more than £10million to strengthen in the winter window.