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User Name Thread Name Subject Posted
Stu BS: Paradise Papers: It's still us and them (78* d) RE: BS: Paradise Papers: It's still us and them 07 Nov 17

Many football clubs are owned by the rich overseas.

Attracted by profit and the prestige of owning a premiership club. A nightmare, as anyone whose club is owned by absentee owners who meddle will tell you. This hasn't worked well for may clubs and the concentration of wealth in the premiership has proved a challenge for the lower league clubs who face rising player wage bills thanks to the idiotic wages being dished out in the premiership. As for the effect on the national team...

Many London properties are being bought by the super-rich in the Arab states.

Driving up prices, leaving them empty whilst locals are driven out by gentrification. Nowt good about this, plus on a recent trip to the smoke observed that many of these buildings are vulgar expressions of corporate and personal wealth and have no civic utility or respect for their surroundings. Ruining the city.

The (second) Severn Bridge is/was owned and run by a French conglomerate.

Who spend the money they make down Mrs. Jones' cockles and Laver bread shop no doubt, pumping it back into the local economy. Or not.

The Chinese are likely to finance (partly) the next atomic power stations.

Bad news. Let a brutal authoritarian regime be responsible for part of out energy infrastructure? Madness.

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