Around 09:30am on Tuesday, September 09, 2003 (UK time), Dean Madden scrawled:
> the problem i have is that most of the profits will go to the shareholders > dividends, rather than it all being invested back in the team, like goes on > at real Madrid. > Is this true. While still preferring to see United as a club, rather than a PLC, I think usually in PLCs a relatively small part of the gross profits are distributed in dividends, as opposed to being reinvested in the business, e.g. buying players. Does anyone have any figures for United? If I understand the stock market (and I probably don't) then if dividends are too high, then the company is seen as not likely to have a long term future and the stock price falls. I still think that Real Madrid will crash one day, and when they do there will be no-one around rich enough to pick up the pieces. European law governing what local and national governments can subsidise, and European banking regulations prohibiting banks from making ridiculous loans seem to be the most likely cause. Still, I'm glad to see Kenyon go. Steve -- (o< www.stevesearle.com //\ Powered by Red Hat Linux V_/_ No MS products were used in the creation of this message 12:10pm up 12 days, 11:08, 0 users, load average: 0.00, 0.02, 0.00 [Non-text portions of this message have been removed] ------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511 http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/GtUolB/TM ---------------------------------------------------------------------~-> Subscription info WWW http://red11.org/list Reply to: [EMAIL PROTECTED] [EMAIL PROTECTED] = subscribe to the list. [EMAIL PROTECTED] = unsubscribe from the list. Post message [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
