Sounds like the 49RS have sold a "large stake of the club" to an American actor (Will Ferrell).
i know that the 49RS, at the start of their takeover have since sold a stake to a number of famous (sports related) people.
Not sure how to rate or what to read into this!?
What are you're thougths on this?
Personally I would much rather have them finding or looking for a major partner/sponsor to redevelop/expand ER (start with the West Stand).
It would secure our future and in time bring us more spending power.
Waiting until we reach would be a mistake.
I'm not clear if the 49ERS have sold anything - rather they've issued Equity to bring in cash - which is a slightly different thing.
I believe the timing of this has been done to try and get some PR and pep up the whole club after the alarming failures of the last 5 weeks.
The development of ER has always been and will always be a priority for any sane owner and I believe the 49ers are going to do this regardless - if not then this lot can go boil their heads like all the other owners have done since 1992.
When we won the title in 92 the revenues from Europe and the start of the EPL went into the East Stand, which at the time was the biggest cantilever stand in the world. Scum knew this was the way to go and when they started to win they expanded Old Toilet massively - the resulting revenues have kept them up there while we have slowly gone backwards.
Look at the work Liverpool have done to be 60k+, Arsenal, Spurs, Citeh, Wet Spam, Newcastle, now Villa, Everton all overtaking us.....