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Because Moshiri/Usmanov can invest their existing funds where it will make a double-digit financial return, and borrow at low single digits.Why would we take out bridging loans and pay interest if our owners could just give us the money ?
I think it would be much healthier if we faced reality and stopped relying on Usmanov potentially bailing us out. The spectre of Usmanov has raised expectations that the team has failed to live up to.
Exactly. Borrowing is as cheap as it's going to be for quite some time.Because Moshiri/Usmanov can invest their existing funds where it will make a double-digit financial return, and borrow at low single digits.
Expected approval to be awarded in October
Expected approval to be awarded in October
Current investors.Decent report and looks promising.. love line about funding.... coming from commercial deals and current investors...
Decent report and looks promising.. love line about funding.... coming from commercial deals and current investors...