Tradefair & Financials
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31 Jan 10
11:55
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Date Joined:
28 Jun 08
i m throwing my hat into the ring later this yr and im going to buy betfair ,i believe 1.5bill is the sale price,
ideas for future growth
1)comission will go up to 10% for everyone ,betting tax used to be that so no one will be bothered
2)for top traders i will charge whatever commission i have to - the cost of finding new customers to give them their profits
3)i will stop sponoring any races/events
4)reduce staff by 50%
5)reduce wages by 25% across the board
that should do for starters
my mates at jp morgan will be borrowing me the money which i will load onto betfairs balance sheet,i ve got to put a tenner down to show willing,but will leverage the rest.
easy this business lark innit
yours
malcolm glazer
ideas for future growth
1)comission will go up to 10% for everyone ,betting tax used to be that so no one will be bothered
2)for top traders i will charge whatever commission i have to - the cost of finding new customers to give them their profits
3)i will stop sponoring any races/events
4)reduce staff by 50%
5)reduce wages by 25% across the board
that should do for starters
my mates at jp morgan will be borrowing me the money which i will load onto betfairs balance sheet,i ve got to put a tenner down to show willing,but will leverage the rest.
easy this business lark innit
yours
malcolm glazer
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are you sure you don't run betfair already?
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grow up you sileeeeek hunt
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