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Topic: Bmuff (Read 22768 times)
horlock07
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Posts: 19056
Lives in Northern Bastard Outpost
Re: Bmuff
«
Reply #90 on:
Tuesday, December 13, 2022, 15:35:13 »
The story is strangely quiet on the figure the bloke has paid for them. Hadn't Demin loaned them a shed load of cash at high interest rates as well?
Edit - Sky seem to suggest it was £100m+
https://www.skysports.com/football/news/11743/12767270/bournemouth-takeover-american-businessman-bill-foleys-consortium-completes-purchase-worth-over-100m
What appears a little odd is to invest over £250m into a business then sell it for c.£100m?
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Last Edit: Tuesday, December 13, 2022, 15:39:04 by horlock07
»
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Legends-Lounge
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Posts: 8750
Non PC straight talking tory Brexit voter on this
Re: Bmuff
«
Reply #91 on:
Tuesday, December 13, 2022, 18:57:19 »
Quote from: horlock07 on Tuesday, December 13, 2022, 15:35:13
The story is strangely quiet on the figure the bloke has paid for them. Hadn't Demin loaned them a shed load of cash at high interest rates as well?
Edit - Sky seem to suggest it was £100m+
https://www.skysports.com/football/news/11743/12767270/bournemouth-takeover-american-businessman-bill-foleys-consortium-completes-purchase-worth-over-100m
What appears a little odd is to invest over £250m into a business then sell it for c.£100m?
Depends, he could be on a retainer as a consultant. He could also be a shareholder of the new owners company. The circa £150m could have been written off partially or wholly over the years as a tax loss and or any interest or dividends deemed by the seller as payment enough and the selling price acceptable based on the club and irs realistic value and subsequent selling price. Nothing is straight forward when there are telephone numbers involved.
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Matt71
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Posts: 202
Re: Bmuff
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Reply #92 on:
Wednesday, December 14, 2022, 09:05:13 »
Quote from: Matt71 on Saturday, May 17, 2014, 07:39:45
Borough of Swindon 209,000 latest census.
Actually Swindon Borough population is now 225k as of last year's census the 209k figure is 10 years old
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horlock07
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Posts: 19056
Lives in Northern Bastard Outpost
Re: Bmuff
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Reply #93 on:
Thursday, December 15, 2022, 11:25:26 »
So new owners also looking to buy a League 1 club and one in the top division in Belgium.
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