Phil71 wrote:His choice is to either reinvest the money into the club or pay tax on it. Why would he do the latter? He may as well just pump it back in and end up with a bottom line of zero profit.
He doesn't need to take money out of the club. In 2011 the club was valued at £1.1bn. Since then we've been on a gradual decline, dropped out of the CL and had a year of empty stadiums. The club was valued recently at £2.3bn. His investment is growing in value whilst declining in sporting performance and revenue. It's incredible really. What other industry would this happen in?
"Valuation" is meaningless without an offer on the table.
As it stands, nobody is going to pay £2bn or whatever for a failing football club that's mired in midtable. Even dictators desperate to whitewash their image can find far cheaper options in the PL than a club with the 4th highest wage bill and 8th best performance.
That bald toad from Spotify stopped showing up mo ths ago once it was clear his sad stunt failed.