New Forest Cherry
Star Player
I never thought I would see the word ‘only’ in front of $400m.
I googled the wealth of the rest of the pl owners....
perhaps miniscule would have been a better word in comparison
I never thought I would see the word ‘only’ in front of $400m.
It's an interesting question.So are we sticking to the story that we have the one and only non dodgy Russian Oligarch in the world ?
So are we sticking to the story that we have the one and only non dodgy Russian Oligarch in the world ?
Well researched. Dare say he may look to sell the club in the near future as he apparently has more nearly a third of his personal wealth tied up in the club.
Moving, and making money will be much more difficult for him (seeing as he does much of his business in Russia), given the increased scrutiny the conflict has placed on anything Russian.
This thread will be plagiarised for a number of news articles!
does this mean he's only worth $400m and likely to want his money back sooner rather than later, and explains why we haven't signed anyone?
sorry, I'm a bit thick
That's really interesting and thank you for putting in the work.
Just to answer one question re traders.
If you speak with a commodity trader they will say that they provide a worthwhile job, giving producers certainty over their future income and giving buyers access to parcels of goods.
However, the majority of traders are in fact speculators, adding little to the value chain. The main aim is to bet on the future price of a good, in the hope that you get it right.
much of the work is analysis, like fund managers, much of it is mathematics, like bookmakers.
The main mistake people make when thinking about trading is to think that what they look for is certainty in the market, in fact, they make much more money when times and markets are volatile. Like now. If Max does still have shares in a Russian trading company then he'll be making money hand over fist. The Chinese, Indians and even the EU are still buying Russian energy.
Traders thrive based on their access to information and the software they use is something to behold. I've seen a couple of these guys working and they are as far from Wall Street as you can imagine. Serious, hard-working and some might say a tiny bit boring. One friend of mine was a serious mathemetician, made an absolute shed load by the time he was 25 then retired from trading (that seems like the shelf-life) then went back to uni to get a pure maths doctorate.
Thanks Kirsikka, very interesting.
The bit that sticks out the most for me is that Max got involved because the club was basically mortgaged for a loan (not that unusual in itself) so potentialy never really considered the long term project. I bet he is as amazed as most as to the outcome.
It's an interesting question.
I don't know whether he is a good or bad oligarch. Is he an oligarch at all?
How bad does someone have to be before they are truly 'bad'. Saudi Arabian bad? Alan Sugar bad?
On the surface and from reading kirsikka's research he seems to only have been doing what traders in the City of London have been doing for years.
He's also a great owner as he has refused to stick his nose in and doesn't start gobbing off in papers every five minutes. He also puts his money firmly behind the club.
I suppose the only answer is that he may be an oligarch but he's our oligarch.
What links does he have to the Russian government? If none, then he's not an oligarch.
Where did Goldsands fit into this narrative?
If any Bulgarians join the board then just beware ….It’s a long plan. No Need to worry till starts using his umbrella to knock off rivals