he's in bed with nevilePresumably he's actually concerned that their demise will be sufficiently rapid that it knacker his business model. With his "it's our fault we've been divided" line is he positioning himself as some sort of rag Tecumseh who is going to lead the resistance? Fair play to Di Cesare, he knows his audience and gives them what they want.
If Jim'll Jinx It buys into United then they will be partly owned by a tax dodging cheat.
Ratcliffe, a petrochemicals magnate with an estimated £17.5bn fortune, officially changed his tax domicile from Hampshire to Monaco, the sovereign city-state that is already home to many of the UK's richest people. It has been estimated that the move will save him £4bn in tax payments.
It's like having Del Boy Trotter or Arthur Daley in charge.
United will run out to a well known TV theme tune no doubt....
"No income tax, no VAT...."
he's in bed with nevile
Can't find details of percentage of a and b shares.Can anybody explain how jim'll jinx it buying 25% helps them?
He's giving 12.5% to existing (fan) shareholders. So United get 0%.
He's giving 12.5% to the Glazers for their shares. So United get 0%.
The debt isn't being serviced with this money.
FFP rules are still in place, meaning spending is based on income.
So how exactly is this deal helping them?