01-04-2022, 07:44 PM
(01-04-2022, 11:07 AM)DeepBlue Wrote:(01-04-2022, 06:49 AM)HreidarssonHeaders Wrote: I have heard many times that when we were sold the price we were sold for was legally the most it could be and also the shareholders only got back what they paid. I've also heard that the high net worths got a bigger return than they put in.
Can someone explain why this was please?
Not a moan just interested.
The terms of the PST buyout were that no profit could be made if the club was sold on, which is why the Eisners got it so cheap (£3.6m ISTR). I've never heard that the HNW's got any more, but I hope they did find a legal loophole to make that possible.
That was a real bargain as the land must be worth at least £5-6M.
Add the players value of £3-4M making the deal a No Brainer for the Eisners!