
Originally Posted by
SBRed48
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.