The news about Adam Wharton to Chelsea will drop with Fabrizio Romano and David Ornstein on Friday
Deal advanced ✅
Contract until 2033 ✅
Wharton was BlueCo and Alonso’s first choice for CM ✅
Santos and Lavia expected to stay ✅
Femi Otedola just bought another 680 million shares in First HoldCo.
His stake is now 20.42%, the biggest individual shareholder in the bank.
And look at the price. He paid ₦44 a share while the market was above ₦60.
So while everyone pays full price, the chairman quietly loads up at a discount.
He clearly isn’t buying for the dividend. So what is he buying for?