Obviously I (nor anyone else) has no reason to disbelieve you Dunk, and this makes perfect sense anyway. For all the Americans faults they can hardly be said to lack basic business sense - both are rich beyond the wildest dreams of the average person and historically prominent in their field. However they took a major gamble on making a fat profit out of buying LFC, a club in a foreign country (to them), which has failed. They now have to extricate themselves from the mess without losing too much face so can't sell up overnight and incur a massive loss. We'll be OK in the long run, as much as I hate to use the phrase the "LFC Brand" is a manufacturer of countless millions and therefore attractive to those looking for long-term investment. Alternatively, to self-indulgent oligarchs and Arab royalty.
