Conway [Pacific Media Group]: "I’d argue there is always a price for the Glazers and Fenway but, with taxes rising in the US, that increases their ask, which leads to only sovereign wealth funds and the 50 richest people in the world being able to afford it.” [
@TheAthleticUK]
Conway [Pacific Media Group]: “Investing in American sports is all about asset appreciation, which can be in the billions. Owners take out a small amount in fees — single millions of dollars — to cover their personal overheads." [
@TheAthleticUK]
#MUFC
Conway: “Capital gains tax has been 15 per cent in the US but will be rising. Biden is asking for it to be 43 per cent for the wealthiest, which will make it much tougher to sell these clubs. They may all say, ‘Let’s wait for five or 10 years, when the tax is lowered again."
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Read on Twitter![Conway [Pacific Media Group]: "I’d argue there is always a price for the Glazers and Fenway but, with taxes rising in the US, that increases their ask, which leads to only sovereign wealth funds and the 50 richest people in the world being able to afford it.” [ @TheAthleticUK]](https://pbs.twimg.com/media/Ez902BFVUAgcLhx.jpg "Conway [Pacific Media Group]: \"I’d argue there is always a price for the Glazers and Fenway but, with taxes rising in the US, that increases their ask, which leads to only sovereign wealth funds and the 50 richest people in the world being able to afford it.” [ @TheAthleticUK]")
![Conway [Pacific Media Group]: “Investing in American sports is all about asset appreciation, which can be in the billions. Owners take out a small amount in fees — single millions of dollars — to cover their personal overheads." [ @TheAthleticUK] #MUFC](https://pbs.twimg.com/media/Ez902c5VIAU3-mF.jpg "Conway [Pacific Media Group]: “Investing in American sports is all about asset appreciation, which can be in the billions. Owners take out a small amount in fees — single millions of dollars — to cover their personal overheads.\" [ @TheAthleticUK] #MUFC")
