- May 13, 2015
- 395
- 1,291
ENIC is an investment company, they don’t spend their own money, everything is generated by the club. The stadium is being paid for by the club. All members of staff are paid for by the club. They paid an initial £22 million for the club for Sugars stake and then bought out the remaining shareholders. The club is now worth £4.5 billion. Everything has been done to further improve their investment. They are not interested in winning or turning us into serious contenders. They will continue to maximise their investment until such time to cash in.ENIC has no interests other than the club. It gets no dividends or interest from the club. Levy takes out a large salary (arguably a couple of million more than he would get if he were not a part owner) but that’s it.