A significant twist has emerged in the Bristol City takeover situation, with the latest update potentially having major implications for the Championship club’s future. - talk2soccer
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A significant twist has emerged in the Bristol City takeover situation, with the latest update potentially having major implications for the Championship club’s future.


George Daskalakis is in talks to buy a minority position in Bristol City, amid takeover talks.

According to Sky News, as the summer transfer window closes, the Championship side may see a shakeup behind the scenes.



The Greek businessman owns the company Kaizen Gaming, which also controls the betting brand Betano.


Steve Lansdown is reportedly in talks to sell some of his club ownership.



Lansdown has owned the Bristol club since 1996 and is approaching the end of his 30-year tenure.


But he has made it apparent for quite some time that he is willing to sell some or all of his ownership in the team, which could now come to fruition.



Bristol City’s takeover talks


Daskalakis is expected to buy a minority share in Bristol City if the takeover talks are successful.

However, it is anticipated that he will retain a major stake in the Championship club as part of the present negotiations.

The gambling tycoon has teamed up with banker Sandford Loudon, whose investment firm Oakvale Capital has already worked on a variety of sports and casino transactions.

It is unclear how much the couple will pay and how much equity they would obtain as part of the negotiations with Lansdown.

However, it has been stated that they have been pursuing Bristol City for some time and are now close to obtaining shares in the club.

This comes just one week after the start of the new season, with the Robins hoping to get involved in the Premier League promotion battle.

Michael Skubala’s team lost 2-0 at home against Millwall in their first game of the season.

Bristol City statistics vs. Millwall (from Fotmob.com)

Stat

Figure

Expected Goals (xG)

0.52

Shots (on Target)

8 (0)

Touches in the opposition area.

8

Big chances

0

Accurate passes (percentage

156 (59%)

Yellow cards.

0

Corners

6

How Bristol City fans react to ownership change.

Bristol City fans are divided on the idea of a change in the ownership structure at Ashton Gate, with some arguing that a minority stake is the best first step.

Bristol City’s investment represents a significant change.

Bristol City invested in their first-team squad this summer, although it has been evident for some years that the owners are unwilling to compete financially with the Championship’s elite teams.

The Robins have developed a more sustainable technique, allowing them to gradually establish a competitive advantage over time.

There are high expectations for the upcoming season, but additional investment from a new minority owner will only raise them, with fans hoping to see the club reach the Premier League.

If this buyout offer is approved, Ashton Gate will undergo significant changes after nearly 30 years of Lansdown ownership.



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