The touted 6billion does raise some concern, since that is the figure Musk was rumoured with us. Could be 2+2=5, but 6bill out as they are looking at getting 6bill in
No. I'll tell you why. It's far better for tax to borrow the money against the assets you have than to sell them for a profit They will keep accumulating assets as long as they are leant the cash to do so. 6bil? No issue. Forbes put fsg at a value of over 20 billion. What's another 6?
This sort of thing really annoys me https://www.eveningnews24.co.uk/sport/24868056.norwich-city-thorup-opens-liverpools-kaide-gordon/ Now day 2 of the summer we knew we were going to loan this kid to get games after long injuries. Norwich ****ing knew he was injured a long time too. This club and manager should be black balled by lfc loan group as he's said something pretty key. He took a punt to get a cheap player but somehow expected full performances day 2 or he's no use to him. Not his player so he was never going to work him up. Again red flags everywhere. The truth is we didn't put the work in to get the right club with the right conditions and the right loan terms here. We took the last offer or let the player pick. As a result Gordon is now basically worthless and we have to start from scratch to get any value out of this kid who is clearly miles too good for u21s but miles off playing for a senior club in fitness terms. We are talking about genuinely decent player with a lot of pace that could be as good as doak (not going to play for lfc but good enough) If he was dropped in a hull or a Plymouth or whatever there's a half chance he'd have been worth 20mil now. Well done.
Pep has a major issue with competition for haaland (]or at least a partner for him) and another issue at cm so he goes and buys two new defenders.
And rich people can borrow at far lower rates than you or I. Most rich people borrow for everything and then just get the money out of stocks or whatever when they need to pay their creditors. Cheaper to pay a nominal interest fee than it is to pay taxes on what you own.
Musk or Celtics? Musk absolutely not buying LFC thankfully. All came from his dad in an interview making a silly throwaway comment.
Yeah it’s how they get round paying taxes. Have very little liquid money as it’s not needed and just use your assets to borrow against at ridiculously low interest for what you do need
Yes but if they sell lfc and make 5.7billion in profit then they would have to pay 30% or whatever in tax and for an American that is virtually communism and a sin. I best if we could see the 5 or 10% share they sold was actually a share issue that devalued fsg by 10% by creating more shares and they took the cash and paid zero tax. By just leveraging and taking debt they can then pay zero tax on their real profits and just cream it on the day to day business.