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horlock07

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« Reply #90 on: Tuesday, December 13, 2022, 16:35:13 »

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?
« Last Edit: Tuesday, December 13, 2022, 16:39:04 by horlock07 » Logged
Legends-Lounge

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Non PC straight talking tory Brexit voter on this




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« Reply #91 on: Tuesday, December 13, 2022, 19:57:19 »

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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« Reply #92 on: Wednesday, December 14, 2022, 10:05:13 »




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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« Reply #93 on: Thursday, December 15, 2022, 12:25:26 »

So new owners also looking to buy a League 1 club and one in the top division in Belgium.
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