The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

@Airman Brown

Do you think it's likely this take over will go ahead? Would they be so public if they thought efl stage would be an issue? 

Any credible estimates of the personal wealth of Tahnoon Nimer ?

ShootersHillGuru said:

Any credible estimates of the personal wealth of Tahnoon Nimer ?

Trust me, I've been searching - but can't find anything in terms of net worth. He's a Linkedin contact, I'll ask him!!

bobmunro said:

LargeAddick said:

'Nimer is the majority shareholder in ESI. He is chairman of Abu Dhabi Business Development – the private office of Sheikh Saeed Bin Tahnoon Al Nahyan, although he is not investing any of his money in the venture.'

not sure if this means Nimer isn't investing any of his money or that Sheikh Al Hahyan's money isn't being invested.

It isn't the best English, but I read it as meaning that the 'he' refers to Sheikh Saeed.

HH Tahnoun Nimer runs the corporate show for Sheikh Saeed, a pretty big gig and I'm sure Nimer will have a personal financial interest in the Sheikh's commercial activities. Although not a member of the Al Nahyan family (unlike Sheikh Mansour) Nimer will be a very rich man in his own right. He will also have access to significant additional funds from Sheikh Saeed and this would not be a conflict in terms of football ownership rules as Sheikh Mansour is a super rich man in his own right. 

To use one of Henry's phrases - I wouldn't mind being a pound behind Nimer! 

@bobmunro I can't agree with you here, Bob.  There is only one subject in those two sentences - Nimer.  The first sentence refers to Nimer; and the second sentence refers to "he", ie the subject of the first sentence. The object of the second sentence is "Abu Dhabi Business Development - the private office of Sheikh Saeed Bin Tahnoon Al Nahyan".  The word "he" is used twice in that sentence.  The second time it's used, there is no indication that the writer has changed the subject of the sentence. 

I believe that, if the writer was referring to Sheik Saeed's money, he would (should) have ended the sentence "...although the Sheik is not investing any of his money in the venture". 

As it is written, it states that Nimer isn't using his own money, not that Sheik Saeed isn't.   

bobmunro said:

ForeverAddickted said:

Or is it to ensure the takeover passes EFL checks
i.e. If we admit the Sheikh is involved does that raise alarm bells with the EFL who'll see us and Man City as being owned by the same people

But even it that were the case it would not run contrary to the multiple ownership rules. Sheikh Mansour has his own wealth, separate from Sheikh Saeed. 

No different for example my two sons each owning a football club as long as there were clear audit trails as to the separate sources of the funds.  

Bank of Dad?

LargeAddick said:

covered_end_junior said:

I'm not convinced that Tahnoon Nimer would have the funds to even purchase the club for 60 mill let alone run it without any backing from Sheikh Saeed Bin Tahnoon Al Nahyan, so I'd like to think that he is involved and we're just not making it blatantly obvious. 

read somewhere that Nimer is worth 15bn in his own right so think he has the money.

I thought that was the Sheikh ?

Chizz said:

bobmunro said:

LargeAddick said:

'Nimer is the majority shareholder in ESI. He is chairman of Abu Dhabi Business Development – the private office of Sheikh Saeed Bin Tahnoon Al Nahyan, although he is not investing any of his money in the venture.'

not sure if this means Nimer isn't investing any of his money or that Sheikh Al Hahyan's money isn't being invested.

It isn't the best English, but I read it as meaning that the 'he' refers to Sheikh Saeed.

HH Tahnoun Nimer runs the corporate show for Sheikh Saeed, a pretty big gig and I'm sure Nimer will have a personal financial interest in the Sheikh's commercial activities. Although not a member of the Al Nahyan family (unlike Sheikh Mansour) Nimer will be a very rich man in his own right. He will also have access to significant additional funds from Sheikh Saeed and this would not be a conflict in terms of football ownership rules as Sheikh Mansour is a super rich man in his own right. 

To use one of Henry's phrases - I wouldn't mind being a pound behind Nimer! 

@bobmunro I can't agree with you here, Bob.  There is only one subject in those two sentences - Nimer.  The first sentence refers to Nimer; and the second sentence refers to "he", ie the subject of the first sentence. The object of the second sentence is "Abu Dhabi Business Development - the private office of Sheikh Saeed Bin Tahnoon Al Nahyan".  The word "he" is used twice in that sentence.  The second time it's used, there is no indication that the writer has changed the subject of the sentence. 

I believe that, if the writer was referring to Sheik Saeed's money, he would (should) have ended the sentence "...although the Sheik is not investing any of his money in the venture". 

As it is written, it states that Nimer isn't using his own money, not that Sheik Saeed isn't.   

I also read that sentence as meaning that Nimer wasn't investing his own money

I'm sure Cawley will clear up what he meant soon 

 J BLOCK said:

Which one is Nimer, does anyone know? 

It's a bit off outing him like that @PragueAddick, not everyone wants their real name out there!

I hope you asked him first.

PragueAddick said:

Lee Amis is on here, and he is a current visitor. 

I met him once, I think around the the time the Spivs took over. Deffo a Charlton fan. 

He said one thing to me that I didn't like the sound of "Every bid will be a property play".

Having said that he is (or was) a property guy himself. And every property guy I have ever met seems to have the attitude that monetising property is more important even than procreation.

But then again, if these guys are the real deal ( by which I mean competitive funding at Championship level for the next 2 years) and Lee brought them to the table, then we all owe him a pint. 

Looking at it from an owners pov - what would they gain from selling a football ground for real estate in an expensive part of London, to buy an empty plot of land, in another more expensive part of London, to then outlay loads of dough to develop? It would surely make more sense to develop the current ground?

Chizz said:

bobmunro said:

LargeAddick said:

'Nimer is the majority shareholder in ESI. He is chairman of Abu Dhabi Business Development – the private office of Sheikh Saeed Bin Tahnoon Al Nahyan, although he is not investing any of his money in the venture.'

not sure if this means Nimer isn't investing any of his money or that Sheikh Al Hahyan's money isn't being invested.

It isn't the best English, but I read it as meaning that the 'he' refers to Sheikh Saeed.

HH Tahnoun Nimer runs the corporate show for Sheikh Saeed, a pretty big gig and I'm sure Nimer will have a personal financial interest in the Sheikh's commercial activities. Although not a member of the Al Nahyan family (unlike Sheikh Mansour) Nimer will be a very rich man in his own right. He will also have access to significant additional funds from Sheikh Saeed and this would not be a conflict in terms of football ownership rules as Sheikh Mansour is a super rich man in his own right. 

To use one of Henry's phrases - I wouldn't mind being a pound behind Nimer! 

@bobmunro I can't agree with you here, Bob.  There is only one subject in those two sentences - Nimer.  The first sentence refers to Nimer; and the second sentence refers to "he", ie the subject of the first sentence. The object of the second sentence is "Abu Dhabi Business Development - the private office of Sheikh Saeed Bin Tahnoon Al Nahyan".  The word "he" is used twice in that sentence.  The second time it's used, there is no indication that the writer has changed the subject of the sentence. 

I believe that, if the writer was referring to Sheik Saeed's money, he would (should) have ended the sentence "...although the Sheik is not investing any of his money in the venture". 

As it is written, it states that Nimer isn't using his own money, not that Sheik Saeed isn't.   

I think Bob was right and it's stating that the Sheikh is not investing. 

Not sure if it's been posted before, but here's some more information on Nimer from Al Nahyan's official website:

'H.E. Tahnoon Nimer was born in Al Ain, Abu Dhabi in the United Arab Emirates. H.E. Tahnoon Nimer completed his academic studies with several degrees in Business Administration and Communication in the United States as well as graduating from Universities of several other countries. Likewise, he developed his professional career in various government and semi-governmental entities, as well as private companies, amongst others, in the Municipality of Al Ain.

H.E. Tahnoon Nimer, Chairman of The Private Office of H. H. Sheikh Saeed Bin Tahnoon Al Nahyan, oversees the running of circa 60 companies, that fall under the umbrella of the Private Office. Furthermore, he is an honorary member of the Youth Chamber of Commerce Abu Dhabi, and was distinguished as Global Ambassador for Peace in 2018.

A special mention is his remarkable commitment to supporting emerging businesses directly sponsored by H.H. Sheikh Saeed Bin Tahnoon Bin Mohammed Al Nahyan and other prominent Royal Family members, in the UAE as well as other countries.

H.E. Tahnoon Nimer has strong ties with government, semi-government and multinational corporates not only in the GCC, but also in Europe, Africa, America, and Asia, with growing interest in Oman, KSA, Kuwait, Egypt, as well as some targeted European and Asian countries.

From within Abu Dhabi Business Development, 'ADBD', he has fostered strategic alliances with cutting-edge tech and service entities which developed into worthy contributions for economic development in the region in diverse fields: Insurance, Oil & Gas, Sports, Television & Broadcasting, Leisure & Entertainment, Real Estate, Trading, Shipping, Transport and many others.

His unrivalled knowledge of the GCC market and its participants' cultures, along with his professional portfolio and fluency in several languages, has gained him widespread recognition amongst diverse sectors. These are essential factors to achieve continuing success in developing and attracting business to the region.'

Please don't let it turn out that we've the only sheikh who had to take out a loan with Wonga.