If you love money, football is a ****e investment.
If you love money, football is a ****e investment.
You can't spell failure without FAI
How to become a millionaire.....start as a billionaire and buy a football club
These days anyway as people understand about leveraging assets better, when you look back at what the Glazers bought brand Man Utd for it was laughable.
Well football is a poor investment for those who invest emotionally . Doubt whether DD does that,( Other than the pals loans to PJ Mara, CJ Haughey and family) He has rarely made an investment that hasn`t yielded a good return, his failed casino in Dublin being one that stands out. He reportedly made money from the United sale, and he may be tempted to off load his Celtic investment at a profit, if the losses in 20/21 season ( north of €10 million) are repeated next season.
Will he cash in his Rovers stake at that point? Probably not, an investment like that is of little consequence to someone worth over €2 bn, probably a handy loss making offset.
For the record and let’s not kid ourselves - DD never by his own admission to the Moriarty tribunal never gave a penny as a loan to the thief Haughey a man who was as corrupt as any tin pot dictator ever was- he did on his own admission give him £125,000 with as he said “... no strings attached..” because he was such an admirer of CJH whom he claimed was the father of the Celtic Tiger-.
Still I’m sure all the Rovers Members that voted to take his money sleep soundly knowing that DD is nothing but a benevolent benefactor ( again his words) .... we’ll see
Last edited by Calcio Jack; 17/05/2021 at 6:52 PM.
Well yeah but, as John83 said, football is a terrible investment. Football is full of people who love money who nevertheless waste it on football teams.
As far as Celtic goes, you could look at it this way. Celtic were in for Bazunu but missed out as Man City were willing to pay more, partly because they'd been aware of him just as long as Celtic and have more money. One advantage of a link with a smaller club is you could identify players like that earlier and get in before clubs like Man City. In that context, a 2m investment is peanuts if you can potentially end up with another Van Dijk (not suggesting Rovers are going to produce one).
Interesting to see the word "Honour" in the same sentence as haughey. He had little or none of it whilst he was alive.
Haughey built the IFSC on which DD made a fortune.
I wouldn't trust DD any more than i would trust Peak 6.
Possibly a bit more on the basis he cant sever ties with Ireland and run as quick as Peak 6 can but most very wealthy people dont parcel off pieces of their empires as being different in terms of needing or not needing a return.
Any of these castaways on LOI clubs radar?
https://www.the42.ie/paul-mcshane-jo...41675-May2021/
"Now jump up there and stuff that son of a bitch in the basket, chief"
David Bell gone in as the new assistant manager with Waterford
I hope the pressures of the role don't take too much of a toll on him, would hate if he dropped any clangers.
#NeverStopNotGivingUp
I suppose if he does get suspended he could a peal it.
#NeverStopNotGivingUp
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