22-10-2019, 23:40
(21-10-2019, 12:00)Salopbaggie Wrote: I read the article about Wolves taking out a loan to bridge the gap until the TV money starts rolling in. To be honest there is nothing unusual in that, it is common for the very wealthy to take out loans to buy things, as the return they are getting on their investments, is better than the interest rate on any loan. So it can be cheaper to borrow money, than use their own.
It will cost them 2 million to borrow 50 million, if you have 50 million you don't throw 2 million away - I completely understand the logic of not spending
your own money if it is making more then 4%. It clearly shows Fosun don't have funds for the dingles to use. Happy days
2020 the year the bubble burst 