Ineos has completed 25% takeover from Glazers. With a further 25% of public shares to be bought and $300m to be invested on top form stadium and infrastructure.
by Spoof2020
Ineos has completed 25% takeover from Glazers. With a further 25% of public shares to be bought and $300m to be invested on top form stadium and infrastructure.
by Spoof2020
4 comments
I am ready to dream again!!
I think they need a lot more than 300 million. Maybe they can cook the chicken properly now, though.
Based on the transaction details, it’s Jim that will own the shares and not INEOS. Jim purchased the shares through his own created entity “Trawlers”.
Per the agreement, INEOS will handle the footballing operations.
It’s mind boggling that the glazers waited for someone else to put their money in to fix the clubs infrastructure. It’s like they had not intentions of updating anything as long as revenue continued rolling in.
So bye bye Ten Hag soon?