Two things

1. If that were true then it is also what Delia has said would happen for at least a decade. It seems she only changed her mind when her bluff was called.

2. Does she lose money? Instead of owning, for argument's sake, 60% of a club worth ?20,000,000 they own 30% of a club worth ?40,000,000. What might happen next would surely determine whether they actually lost money or not.

3. But it's Cullum's situation that is important: if there were some way of him getting the club for free then that would be a huge problem (nothing to stop him winding it up and f**king off) but as far as I can see he is spending ?20,000,000 with no prospect of much return except on promotion.

Posted By: Mr Creosote, Jul 13, 12:25:19