@moulder_fo41903@GooalMouth He doesn't need to sell shares to get money. He can use shares as collateral to borrow money from banks. Billionaires usually prefer this way as they do not need to pay capital gain tax as well. It seems that you don't know much about finance, do you?
@kelvmackenzie Such info is not surprising at all. Remember Americans own or have majority shareholding in 11 out of 20 PL teams, including LFC, ManUtd and Aresenal.
@kelvmackenzie Have you checked the official release of the UKONS? Upon their latest FDI release, UAE had around £13.5b outside the top 20. Even if you are correct, now they have £20b, still only in top 15 to 20. Guess who is the no. 1? USA with £720b (who else? )!
@City_Chief According to Gemini i) before 2008, the auditor for ManCity was Grant Thornton UK LLP ii) Since 2008, it has been BDO LLP iii) Those 2 firms are not corporate affiliates or parent/subsidiary entities of Deloitte. So, could you enlighten everyone here how Deloitte is involved?
@City_Chief@RealTolmie According to Gemini i) before 2008, the auditor for ManCity was Grant Thornton UK LLP ii) Since 2008, it has been BDO LLP iii) Those 2 firms are not corporate affiliates or parent/subsidiary entities of Deloitte. So, could you enlighten everyone here how Deloitte is involved?
@RestIsFootball@MicahRichards Have to emphasize that "sham" contracts are not used by the Premier League. They are used by the Independent Commission in the report after hearing both sides of the story. The Premier Leauge quotes it in the statement. It is extremely important to be crystal clear about it!