By Alexander Apostolides on July 19, 2012
Things that are cheaper than the Laiki Bailout: No.6 Manchester United
From Kyriakos (@Chuparos) with thanks:
I am not sure if the Glazers are selling the club but I really would have preferred the state spend 1.8 billion Euros to purchase Manchester United, currently valued at 1.81 bn euros (I am sure we will get a small discount so that is cheaper than the Marfin Laiki bailout).
I am getting angrier and angrier when I do this. At least if we bought Manchester United we would have had full ownership rights, something we do not have in Laiki. Why the hell did we ever agree to this?