Man City in takeover talks.

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CrazyHorse
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Man City in takeover talks.

Post by CrazyHorse » Tue Apr 24, 2007 9:43 am

http://news.bbc.co.uk/sport1/hi/footbal ... 586641.stm

Yet another Premiership club is on the verge of a takeover, the 5th since the start of the season. Makes you wonder what these investors know that we don't...
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Post by Backgammon » Tue Apr 24, 2007 9:58 am

Intresting. Wonder if they'll keep hold of Pearce?

War chest of 20 million, if spent wisely, could push City forward. But it's more likely that they'll blow it on shit buys and be no better off....
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Post by superjohnmcginlay » Tue Apr 24, 2007 10:02 am

Backgammon wrote:Intresting. Wonder if they'll keep hold of Pearce?

War chest of 20 million, if spent wisely, could push City forward. But it's more likely that they'll blow it on shit buys and be no better off....

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communistworkethic
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Re: Man City in takeover talks.

Post by communistworkethic » Tue Apr 24, 2007 10:06 am

CrazyHorse wrote:http://news.bbc.co.uk/sport1/hi/footbal ... 586641.stm

Yet another Premiership club is on the verge of a takeover, the 5th since the start of the season. Makes you wonder what these investors know that we don't...
Nothing, they just see the squillions they'll get for just being in the Premiership next season.

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Post by TANGODANCER » Tue Apr 24, 2007 10:24 am

The profits from some of these corporations are huge, so are the taxes. Solution; buy something that can be classed as an asset. It's why managing directors drive around in Bentleys when a Ford Mondeo would do.
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