This topic is in incredibly poor taste today. We should be celebrating what Cyril did for us not comparing his relative contribution, and with that all the implied criticism.
He wasn’t third choice at City. He was a key player.. he was offered a new deal but wanted Championship football and more money ... felt UTD had more chance of promotion.
That's not how corporate deals are structured.
It would be normal for the seller to retain the Cash right up until the transaction concludes. It is equally normal to calculate what normalised cash flow looks like ... no reason for season tickets to be a barrier
No it does not.
The Second bid is more than fair.
Don't forget the fact city breaks even is misleading. This is because it is not sufficiently resourced to compete. Once this is corrected the business will revert to losing money again.
Only PLC's are obligated not to mislead the market if asked a direct question by a journalist on potential takeovers.
These are 2 private funds and have no obligation to reveal anything, in fact they will almost certainly have signed an NDA preventing them from doing so.
Gilbert's report in...