Tony Towner
Well-known member
- Joined
- Feb 18, 2010
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Also worth noting the distinction that Fosun did put money into the club, both at point of purchase and beyond. The Glazers just used Man Utds assets to leverage debt and drew a significant income off it. They've made a lot of bad decisions, the largest being who they put in to run us, but the investment model is differentYep, that’s all correct, but lower income and greater risk is just why we cost less, to buy and run. Guess I’m interested in the different logic of just extracting value rather than making something (look) profitable for value on exit - which is what I crudely assumed would happen. And rather hoped would, albeit out of the far and into the fryer perhaps.