On the other hand, you don’t sell businesses when their valuation is low.
Vincent Tan might look at selling the club if it were promoted, where its valuation would be much higher, thus releasing cash for his other businesses (or himself).
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On the other hand, you don’t sell businesses when their valuation is low.
Vincent Tan might look at selling the club if it were promoted, where its valuation would be much higher, thus releasing cash for his other businesses (or himself).