Gold & Green: Waz the point?

In Uncategorized on 15/05/2010 at 11:04 am

The Red Knights have said that they will not overpay for MU. The group of wealthy businessmen is believed to value the club at no more than £1bn … talks with potential investors “have reinforced our belief it is wrong to offer above fair value”. BBC story

So waz the point of continuing with their plans to bid for MU.? The Glazers have already reportedly rejected a £1.5bn bid from some Arabs.

But at least the Red Knights are spending their own money, unlike, one can reasonably assume on what has been made public, the independent directors of Sino-Environment who went around making sure the corporate governance boxes were ticked while the company was collapsing around them.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: