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For the initial stake, yes. 22MNo.
And yes, ENIC sold stakes in Rangers and Slavia. How is that not "their own money"?
2022 you sayThey didn't buy it for £30m ffs. At least do some very basic research. The initial portion of around 30% was £22m. He (sugar) sold another 14% for £25m in 2007. Via Kondar Ltd, they paid £40m to take it up from something like 66% overall to 79%. In 2022 they then issued £150m of shares.
So ENIC has actually spent around £250m procuring the current stake in the club.
Bear in mind Sugar spent £8m to buy all his shares and easily made 10x the money back whilst setting the club back decades, hiring a gooner to bore us to tears as manager, and spending the Klinsmann money plus more on Chris Armstrong.
Both sets of owners are on for the same amount of profit, but one has at least made the club better.
"Daniel Levy is running the biggest financial racket in English football "
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Well done ENIC?????Well done (sic) ENIC and like lancing a boil, it had to be done.
Go on, cup your ears now pussyhole.
I spent almost a grand during one away day and EL cup or not, there is no way you cup your ears at us, prick.
Good riddance, genuine thank you for the Cup and good luck wherever you end up.
LOVE IT!!
YID ARMY THOUGH THICK AND THIN!!!!
LolThey appointed the man who won us our first trophy in 17 years and didn't sack him mid season when you wanted him gone, go figure.
No-one will. He's an awful PL manager.They giveth and taketh away.
Shrug.
Let's see who hires him in the Premier League if he is soo good![]()
Yep.