Dicky 0 Posted May 28, 2014 Wonder if that will affect Man Utd? Up for sale maybe? Share this post Link to post Share on other sites
littleyellowbirdie 2,412 Posted May 28, 2014 Always sorry to hear of someone dying. Nevertheless, leveraged buyout is an utterly immoral practice. Whatever you think of Man U, it was a debt free institution which now owes hundreds of millions of pounds purely due to the debt he incurred in buying it which is a significant threat to its long term future purely for the sake of this idiot''s conquest. It''s criminal negligence that the FA hasn''t done anything to prevent this sort of thing happening again. A simple rule saying that no owner can draw money from a club for 15 years would put a stop to it. One day it could be us. Share this post Link to post Share on other sites
Big A 0 Posted May 28, 2014 won''t affect Man Utd at all as he wasn''t on the board. Share this post Link to post Share on other sites
littleyellowbirdie 2,412 Posted May 28, 2014 All the debts he incurred buying them are still on the balance sheets though. Share this post Link to post Share on other sites
Tommie Tippee 0 Posted May 29, 2014 His sons own 6 equal shares since he had a stroke a while back. He is no longer anything to do with them and his death will in no way affect them and has absolutely no bearing on Norwich City Football Club either. So why this is in the NCFC discussion I''m lost? Share this post Link to post Share on other sites
Chip20 68 Posted May 29, 2014 [quote user="Bagpuss"]His sons own 6 equal shares since he had a stroke a while back. He is no longer anything to do with them and his death will in no way affect them and has absolutely no bearing on Norwich City Football Club either. So why this is in the NCFC discussion I''m lost?[/quote]Chuckle. And yet it interested you enough to choose to read it, reflect on it and respond to it!!!Guffaw!! Share this post Link to post Share on other sites
It's Character Forming 1,156 Posted May 29, 2014 I guess the only relevance is to the perpetual "Foreign owner" discussion.The one thing that caught my attention on the news was that apparently he never set foot inside Old Trafford. So ideally qualified to own Man U then.... Share this post Link to post Share on other sites
Hoolahans Left Foot 0 Posted May 29, 2014 NO RELEVANCE TO NCFC...........DELETE THREAD.................. Share this post Link to post Share on other sites
It's Character Forming 1,156 Posted May 29, 2014 You see the button with "Caps Lock" written on it. You are allowed to PRESS IT and then press it again. See - I just did. Share this post Link to post Share on other sites
Hoolahans Left Foot 0 Posted May 29, 2014 MY CAPS LOCK IS BROKEn............................. Share this post Link to post Share on other sites