Youllneverwinaway 0 Posted March 7, 2009 Share Posted March 7, 2009 Just heard he is buying the Popinjay Hotel in the Clyde Valley.......Perhaps he is going to put the feet up at the end of this season and retire to the hotelier industry. Might be a good thing Link to post Share on other sites More sharing options...
orangeyin 0 Posted March 7, 2009 Share Posted March 7, 2009 fergie has money in alot of things so ive seen in papers or heard good luck to him thinking of the family when hes out of football Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 He's part of a consortium looking at a £2m takeover apparently. He's loaded, so surely he'd be willing to take a massive cut in his wages next year. Link to post Share on other sites More sharing options...
gizmico1986 0 Posted March 7, 2009 Share Posted March 7, 2009 fergie has money in alot of things so ive seen in papers or heard good luck to him thinking of the family when hes out of football does he not own loads of propety in dubai??im sure it says that in his brothers book. Link to post Share on other sites More sharing options...
disgruntled_bear 157 Posted March 7, 2009 Share Posted March 7, 2009 He's part of a consortium looking at a £2m takeover apparently. He's loaded, so surely he'd be willing to take a massive cut in his wages next year. Just what i was going to post Link to post Share on other sites More sharing options...
Youllneverwinaway 0 Posted March 7, 2009 Author Share Posted March 7, 2009 The Popinjay is his "local" so i would imagine he would be more involved in this than a few of his other business interests. Also heard that Stevie Hughes and 1 other Gers player may be involved as well. Link to post Share on other sites More sharing options...
Bazza 21 Posted March 7, 2009 Share Posted March 7, 2009 In his book he says that Murray told him to invest his money and not squander it away. He took that on board and is involved in all sorts of investments. I Link to post Share on other sites More sharing options...
Ace 3,556 Posted March 7, 2009 Share Posted March 7, 2009 I heard this last week but i was also told it's not true. Not sure what to believe as the guy who told me has been right about a few things that happened at the club before getting in the press. Link to post Share on other sites More sharing options...
Jimbo. 952 Posted March 7, 2009 Share Posted March 7, 2009 He's got a rake of property in Lanarkshire as well. Link to post Share on other sites More sharing options...
TMWWBK 0 Posted March 7, 2009 Share Posted March 7, 2009 fergie has money in alot of things so ive seen in papers or heard good luck to him thinking of the family when hes out of football does he not own loads of propety in dubai??im sure it says that in his brothers book. Correct. It was his multi-millionaire agent, John Viola, that got him into the Dubai market a few years back IIRC. He also has property in New York. Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Link to post Share on other sites More sharing options...
TMWWBK 0 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Aye, as i added to the edit, he also has property in NYC and that's one of the toughest markets out there. Not bad for someone who's vocabulary primarily consists of the word 'fud'. Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Aye, as i added to the edit, he also has property in NYC and that's one of the toughest markets out there. Not bad for someone who's vocabulary primarily consists of the word 'fud'. Geez a hoos ya fud. Wish I was in his position, he is 100% immune to any credit crunch. Link to post Share on other sites More sharing options...
blueballss 2,972 Posted March 7, 2009 Share Posted March 7, 2009 fergie could by out murray!! fergie as chairman Link to post Share on other sites More sharing options...
Jimbo. 952 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Hmm. Although he wouldn't have much to concern himself on the mortgage front, anyone who has made significant investments in property over the last few years can't be delighted at the moment. Also, a lot of his stuff was new build;over-priced even at the time, unsellable now. Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Hmm. Although he wouldn't have much to concern himself on the mortgage front, anyone who has made significant investments in property over the last few years can't be delighted at the moment. Also, a lot of his stuff was new build;over-priced even at the time, unsellable now. There's a market for everything, if he goes through the right avenues to sell it. Link to post Share on other sites More sharing options...
Jimbo. 952 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Hmm. Although he wouldn't have much to concern himself on the mortgage front, anyone who has made significant investments in property over the last few years can't be delighted at the moment. Also, a lot of his stuff was new build;over-priced even at the time, unsellable now. There's a market for everything, if he goes through the right avenues to sell it. Sorry; unsellable without taking a huge hit. Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Hmm. Although he wouldn't have much to concern himself on the mortgage front, anyone who has made significant investments in property over the last few years can't be delighted at the moment. Also, a lot of his stuff was new build;over-priced even at the time, unsellable now. There's a market for everything, if he goes through the right avenues to sell it. Sorry; unsellable without taking a huge hit. Depends what he's bought. He apparently owns a fair number of properties that he built himself, so he'll still be able to sell for a profit. Selling a £2m house for £1.7m - wish I could take a hit like that Link to post Share on other sites More sharing options...
Youllneverwinaway 0 Posted March 7, 2009 Author Share Posted March 7, 2009 The credit crunch wont affect Property Investors who continue to make millions per year and can afford the cheap mortgages..... In fact, cash rich people will be buy...buy...buy just now as we will be out the slump in 5 or so years and the profit margins will be tasty again. Link to post Share on other sites More sharing options...
papaguy51 912 Posted March 7, 2009 Share Posted March 7, 2009 The credit crunch wont affect Property Investors who continue to make millions per year and can afford the cheap mortgages..... In fact, cash rich people will be buy...buy...buy just now as we will be out the slump in 5 or so years and the profit margins will be tasty again. Same with everything! I saw a 02 plate Jaguar in the paper a month ago - 3 litre V6, going for £1800 FSH as well. I was sorely, sorely tempted! Link to post Share on other sites More sharing options...
Jimbo. 952 Posted March 7, 2009 Share Posted March 7, 2009 Fergie's not anywhere near as daft as he sounds. His property portfolio is as inventive and profit-building as it is vast. Hmm. Although he wouldn't have much to concern himself on the mortgage front, anyone who has made significant investments in property over the last few years can't be delighted at the moment. Also, a lot of his stuff was new build;over-priced even at the time, unsellable now. There's a market for everything, if he goes through the right avenues to sell it. Sorry; unsellable without taking a huge hit. Depends what he's bought. He apparently owns a fair number of properties that he built himself, so he'll still be able to sell for a profit. Selling a £2m house for £1.7m - wish I could take a hit like that Some guys i know ploughed every penny they could into property. 'Hurting's not the word. Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,770 Posted March 7, 2009 Share Posted March 7, 2009 the difference between fergie's holdings thought is that he probably didnt buy general joe public semi-detached houses bet you that he forked out for things like penthouses etc, where the rich still buy even in credit crunch times plus, taking home 32k a week, he's not exactly gonn a need to sell anything to make ends meet does he Link to post Share on other sites More sharing options...
Scott-RFC 308 Posted March 7, 2009 Share Posted March 7, 2009 He's part of a consortium looking at a £2m takeover apparently. He's loaded, so surely he'd be willing to take a massive cut in his wages next year. 2m takeover of the Popinjay or Rangers Link to post Share on other sites More sharing options...
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