Ha ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.
Quote from: AV82EC on January 27, 2014, 10:45:55 AMHa ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.He became significantly more cash rich when he sold the club, so how would you know for sure?
Quote from: saunders_heroes on January 27, 2014, 10:58:41 AMQuote from: AV82EC on January 27, 2014, 10:45:55 AMHa ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.He became significantly more cash rich when he sold the club, so how would you know for sure?Come on. He got about £25 million from his shares and handed back £20 million without telling anyone?
Quote from: dave.woodhall on January 27, 2014, 11:15:38 AMQuote from: saunders_heroes on January 27, 2014, 10:58:41 AMQuote from: AV82EC on January 27, 2014, 10:45:55 AMHa ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.He became significantly more cash rich when he sold the club, so how would you know for sure?Come on. He got about £25 million from his shares and handed back £20 million without telling anyone?Perhaps he sold the club for less than it was worth on the understanding Lerner would put would spend more money on team spending?
Quote from: saunders_heroes on January 27, 2014, 11:39:04 AMQuote from: dave.woodhall on January 27, 2014, 11:15:38 AMQuote from: saunders_heroes on January 27, 2014, 10:58:41 AMQuote from: AV82EC on January 27, 2014, 10:45:55 AMHa ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.He became significantly more cash rich when he sold the club, so how would you know for sure?Come on. He got about £25 million from his shares and handed back £20 million without telling anyone?Perhaps he sold the club for less than it was worth on the understanding Lerner would put would spend more money on team spending?Perhaps. Or perhaps it was hardly on the cheap given that Lerner paid well over the share price at the time. It's been claimed that Doug Ellis, after having been paid around £25 million, handed back £20 million to the new owner. Without going into any further details, how likely is that in any business?
Quote from: dave.woodhall on January 27, 2014, 11:42:00 AMQuote from: saunders_heroes on January 27, 2014, 11:39:04 AMQuote from: dave.woodhall on January 27, 2014, 11:15:38 AMQuote from: saunders_heroes on January 27, 2014, 10:58:41 AMQuote from: AV82EC on January 27, 2014, 10:45:55 AMHa ha Doug Ellis giving up £20million of his limited fortune to buy a player, yeah right. He never did it whilst he was Chairman so I've no reason to think he'd do it when he became President Emeritus.He became significantly more cash rich when he sold the club, so how would you know for sure?Come on. He got about £25 million from his shares and handed back £20 million without telling anyone?Perhaps he sold the club for less than it was worth on the understanding Lerner would put would spend more money on team spending?Perhaps. Or perhaps it was hardly on the cheap given that Lerner paid well over the share price at the time. It's been claimed that Doug Ellis, after having been paid around £25 million, handed back £20 million to the new owner. Without going into any further details, how likely is that in any business?Sounds like Doug is living in some kind of parallel universe then when you put it that way.
He invented the package holiday industry, the bicycle kick, being a dad to kids around the world, played for many professional teams, and now he has invented altruism? Sure Doug, sure.
It may have been bullshit, but it was great to hear it from the horses mouth, so to speak. It was like being back at one of the old AGMs again. They were pure music hall stuff.
Quote from: RickySlade on January 24, 2014, 12:46:24 PMWhat £20m loan is this?!It wasn't a loan, as far as I know. Doug Ellis told me, personally, that he gave Lerner £20m.
What £20m loan is this?!
How much interest in land do we still own?