Potential deals (being) held up:
- Rugby World Cup = IMG exclusive agents
- EFL = IMG Studios partnership (iFollow)
- Learfield = IMG 42% owned
- Whale = likely IMG Replay (archives)
Any of these deals would lift the share price and they all share IMG in common.
In the meantime, Bergen short sells the share price, which strengthens IMG's hand at the bargaining table.
Coincidence?
The still falling share price is plain ugly yet is oddly disconnected from the company's prospects in sports, archives & blockchain ~ excluding the A.I. compatible potential Finbar is excited about.
Is the whale going to lift shareholders on its back or swallow the company whole?
Can't say for sure, but it's clear IMG wins the most in the current predicament.
Imho & Gltah
The Flywheel and the Whale, page-474
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