I was digging through old articles and found something that changes the $GME conversation.
Take a second. Read it.
https://t.co/4qir9vcdie
May 5th, 2026. Two days after the bid goes public.
EnterpriseAM - a Gulf Cooperation Council business daily out of the UAE - publishes a piece on the eBay acquisition.
The headline: “GameStop is turning to the GCC to fund its USD 55.5 bn bid for eBay.”
This publication has direct sourcing into Gulf sovereign wealth funds.
This is not Bloomberg speculating.
This is not CNBC asking pundits what they think.
This is a regional outlet reporting what SWFs are actually doing.
And their reporting looks NOTHING like Western coverage.
First, they NEVER MENTION the stock component.
Not once.
They model the deal as pure cash from day one:
- $9.4B GameStop cash
- $20B TD Securities debt
- ~$26B in SWF equity
That’s it.
No “half cash half stock.”
No “can GameStop even afford this?”
None of it.
They just did the math on what needs to be filled and reported who’s filling it.
Think about that.
While every Western analyst spent three months asking how a company 4x smaller than its target could possibly close this deal, the Arab financial press already had the answer.
The money was in the room before the bid was announced. GCC publications don’t speculate about sovereign wealth fund involvement.
If they published this two days after the bid, those conversations were happening BEFORE May 3rd.
The financing was pre-arranged.
It gets deeper.
They name PIF directly.
They compare this deal to PIF’s $55B leveraged buyout of EA through Savvy Games Group and its minority position in Nintendo.
PIF. EA. Nintendo.
Now eBay through GameStop.
A publication with Gulf sourcing doesn’t drop that comp casually.
That’s pattern recognition from people who watch these funds deploy capital every week.
Now connect TD Securities.
TD provides the $20B debt commitment on the eBay bid.
TD Bank is also the counterparty on the put/call pairs Cohen used to accumulate his eBay stake.
That’s not two separate relationships.
That’s the deal bank.
The debt, the derivatives, and the equity bridge all running through the same architecture.
So what did the Arab press actually tell us three months ago?
The stock component was never real.
The financing was locked before the bid went public.
And this is a pre-structured all-cash.
The answer was sitting in a UAE morning newsletter the entire time and nobody in Western markets was reading it.
@JohnCornyn Cornyn calling Scott a grifter - lol look in the mirror much? Typical politician ME ME ME ME ME - to hell with the voters! Scott you are doing great work!
RC out here trying to buy eBay with eBay money but got the ban hammer 😂 Finally the 69D chess is all coming together! Come watch the ticker with your fellow apes at The Gazebo - we're live now! 🦍🚀
https://t.co/9TXQUYdhy1
#GME#GameStop#gzbo#TheGazebo#Supers
BREAKING🚨 THE SEC DENIED A FOIA REQUEST FOR MISSING FTD DATA BECAUSE OF "POTENTIAL FORESEEABLE HARM."
It seems like the problem is so BIG that the SEC is scared that there could be harm to entities or the general public $GME