DUFF off to Swans?

[Young_Nudger]

You rushed in before I had had edited/ extended my text, which answers your question. See extended Post 41.

Patrick Cryne used to say something on the lines of this ……. If you are a rich man and want to become poor, buy a football club.

Do you know of any owners of football clubs that have made a killing?
And if you know one - for every one you name I’ll name a dozen clubs where owners have lost money.

[SBRed48]

Patrick Cryne used to say something on the lines of this ……. If you are a rich man and want to become poor, buy a football club.

Do you know of any owners of football clubs that have made a killing?
And if you know one - for every one you name I’ll name a dozen clubs where owners have lost money.

I believe there was a Group consisting mainly of gentlemen called Conway and Lee who made a £40 million killing ( some say £60 million) out of player trading and the sale of OGC Nice.
Conway, in his own words, pitched to the New York finance market that there were soccer clubs in Europe which were undervalued and where profit could be made through player trading and the sale of assets. Matthew Edmond's (JAQ's husband) Hedge Fund was one of a group of firms that wanted some of that profit and formed the Investor Group.