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{{g}}The back page of a [[prospectus]], which lists all the participants of the deal, their advisors, friends and relations, laid out in a hopscotch format that looks a little — not a lot — like a 4-4-2 | {{g}}The back page of a [[prospectus]], which lists all the participants of the deal, their advisors, friends and relations, laid out in a hopscotch format that looks a little — not a lot — like a football team formation — you know, 4-4-2 — hence the “witty” name. | ||
Of course, in any sizeable deal it will look less like a football team and more like a game of bullrush or just a pitchfork mob. It is not clear which way the team is playing or whose side the various “players” are on (this is rather symbolic of much that goes on in financial services) but one best avoids disappointment — especially if one is the Issuer — if one assumes the team is going in no particular direction and is indeed perfectly happy to sit down and just chomp away on any rent that drifts past that player’s nose. The players are, as ever, really playing for themselves. | |||
=== ''Why'' is there a football team? === | |||
Why there was ever a football team, and how it got to resemble one, is lost to the mists of history but these days it sybolises one’s public involvement in the deal and therefore can contribute to one’s standing in the [[League table|league table]]s — a curated list of which managers, law firms, accountants and paying agents participate on the most publicly announced deals in a given period. | |||
You would need to find an advisory banker from JPO Morgan to explain exactly what the significance is of being at the top of the league tables. | |||
===[[Red herring ninja]]dom=== | ===[[Red herring ninja]]dom=== | ||