Bought (in hand or rights to) ~25-28% of the club for £12.5m, with a safety net of getting £16m back if it’s gone pear shaped, whilst still keeping Foulger’s 18%.
Not a bad little investment at all - could even turn a cash profit if FX moves the right way for him.
(all assuming we’ve stayed solvent!)
Posted By: CWC, Sep 13, 10:11:55
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