Danny Bahar looks to borrow £500m

Apparently he needs �500M to buy the company, lot of money for a biz that lost �21.4m prex tax :confused:

yeah but essentially Lotus is now a startup again

If it’s VC money they don’t care about P&L more about strategy and potential ROI

ROI is a formula that can be manipulated by a number of factors.

The best investment must be a company turnaround and in profit .

ROI is manipulated for the reader

Point is VC money is high risk high reward. They’ll seek companies making a loss, as if they were in profit and the round was just to scale up current operations they could just go to the bank and pay a % interest.

Secondly the 500m will be tranched anyway.

Depending on ��� I’d be very tempted to put my name down on a 2015 elise.

You should wait so long !!!

What’s the betting it will be 1,250kg by then?