Monday, June 4, 2007

GSE FC in talks with Investors for Takeover Bid

Green Street Elite Football Club announced they are in talks concerning a possible takeover of the club.

The Elite board has said they are in "continuing discussions with a number of parties regarding a potential investment of new funds" that "may include an offer for the entire share capital of the club". ----------------(image)yet to be proposed Green Street Elite logo

Present chairman Desmond may sell part of his 51.5 per cent majority stake investment in the club for the right price. This includes the 10% discount at Tullamarine KFC in conjunction with the stake at Rebel Sport giving 5% off all full price merchandise.

The GSE board are looking for new investment in the club and are rumoured to be in negotiation with several possible investors and expect a share valuation in the region of £200 million.*1

It comes in the wake of the current major shareholder Fleshlight calling for a financial audit of its incumbent sales operation department covering the last 10 years following the company's warning last week that it expects to post its first ever loss. Their latest model ‘Non Descriptive’ failed to sell on the market as there was mass confusion with customers regarding its Identity, as it clashed with their original modeled orifice; ‘The Butt’. *2

(image)
The Non-Descript orifice
Perfect for the traveling man or someone who is a bit shy about their toys.

Leading the way in the takeover bid is the Johnson Family tycoon Carl Johnson, who has been constantly linked to the club in the past few weeks. The Grove Street Families interest could certainly have been spiked by GSE’s success last season in making the Grand Final with no Bonus Points. It is also Orange Grove Street influenced at the football club, which not only includes the successful name change from Dynamo Spurs United to Green Street Elite but Grove Family influenced star anchor midfielders; Ads and Chook.

With a background in Narcotics, Grand Theft Auto, Gambling, Prostitution and the Protection Racket, Mr Johnson is reported to have accepted a £14 million payoff when he left The Four Dragons Casino last year.

Green Street Elite FC have been searching for extra investment into the club for the past three years due to shortage of game fees and continual neglect towards registration fees. Several well-documented takeover attempts have been rejected by the Green Street board, including bids by the Tachito Brothers and also a rumoured shares buyout by the Supreme Commander of the Korean People's army, President of North Korea Kim Jong-il.

Central to any takeover bid would be a good new stadium plan, as GSE FC have been looking to move from Tullamarine to Airport West for several years.

*1 amount may be exaggerated

*2 based on pure folly

1 comment:

Ads said...

When did you get this funny chook? Gold!