I read it more that there's a degree of self-valuation with PE portcos
unlike a public company, so the ups and downs are the 'no s**t' bit, but it's whether the ups were ever quite as high as claimed. And so if everything had been based on an inflated best-case scenario, then that's not so good.
But you know, PE is just another vehicle for greed really, and they normally get through ok.
Posted By: camcan on February 3rd 2023 at 10:53:20
Message Thread
- This might be a Gamechanger for footy finance (Other Football) - Cardiff Canary, Feb 3, 05:59:17
- i think if it does go all tits up .... (Other Football) - ghostof barry butler, Feb 3, 08:52:21
- Chicken & egg (Other Football) - CWC, Feb 3, 09:18:07
- I read it more that there's a degree of self-valuation with PE portcos (Other Football) - camcan, Feb 3, 10:53:20
- Chicken & egg (Other Football) - CWC, Feb 3, 09:18:07
- Oh no, how awful. (n/m) (Other Football) - Pixelman, Feb 3, 07:27:11
- i think if it does go all tits up .... (Other Football) - ghostof barry butler, Feb 3, 08:52:21
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