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"net proceeds" being the key phrase. This doesn't sound like he's donating all the money from the sale. It sounds like if he sells it for more than he originall
by humanistbot 5y ago
"net proceeds" being the key phrase. This doesn't sound like he's donating all the money from the sale. It sounds like if he sells it for more than he originally paid for it, that extra will be donated.
- kerneloftruth 5y agoThat's what "net" means, yes.
- dylan604 5y agoIt's soccer, so it could be the "net proceeds to bulge when Keppa gets beat"
- giarc 5y agoHe bought it in 2003 for 140 million pounds. The team is valued between 3 and 4 billion now.
- remus 5y agoPlus he's said he'll write off the ~£1.5 billion he's loaned to the team. That's a pretty big financial hit.
- readthenotes1 5y agoTo put this in perspective: how many million pounds are you pledging? (I'd be surprised if arms dealers base their pricing off your net worth)
- thevagrant 5y agoThat's right. I would remain skeptical of anyone with ill-gotten gains who promises future generosity. .. I'm gonna pay you guys back, let me just sell this stuff and skip town for a holiday while I work this out..