Mr Lai yam a wanker
#11
Only just watched this video, it made me loff! Cheers for sharing Bartley.
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#12
(12-17-2020, 01:41 PM)backsidebaggie Wrote:
(12-17-2020, 01:38 PM)Hopalong Wrote:
(12-17-2020, 01:28 PM)backsidebaggie Wrote:
(12-17-2020, 01:25 PM)Hopalong Wrote:
(12-17-2020, 01:23 PM)backsidebaggie Wrote: He didn’t take money out the club, he sold the club for 200M. Big difference.

What's the difference?

Taking money out the club would be taking the club’s profits. Selling the club for 200M is selling them, not ‘taking money out’. No money is taken out the club when selling.

Having never put any money into the club other than buying shares, did he not end up with 200m or whatever the figure was in an off-shore or swiss bank acccount?  £200m profit,  which will never be seen again?  

Good luck to him....I was just saying!

He bought the club, and it became worth 20 times what he paid for it. Selling for a profit isn’t the same as taking money out the club. The money was Lai’s, not the clubs. Hell of a difference tbh.

Semantics really. Didn't realise he'd bought 10m shares.   I guess if he wanted to leave a lasting legacy he could have paid for the 2nd tier out of it or and still walked away with 180m,  but his prerogative.   He probably needed the money.   Smile
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#13
"Bastard Chinese Flu" - Sounds like a xenophobic Trumpism
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