US EditionMichael Clark says he paid $5.7 million for Blue Control
6 Articles
6 Articles
The club of the University of Chile every day adds a new chapter to the plot that links it with Sartor, the main owner of the club whose authorization was revoked by the CMF. However, the recent revelation of the payment made by Michael Clark, opened a new research edge. The post The five milestones that mark the Sartor case and the crisis in Azul Azul appeared first on Fast Check .
The Commission for the Financial Market (CMF) published on Thursday the response of Michael Clark, president of Azul Azul, regarding the method used to become the majority shareholder of the concessionary that manages Universidad de Chile, after the revocation of control to the Sartor Group. In his writing, Clark explained that the Tactical Private Investment Fund Sport was the key instrument for such acquisition. “The Tactical Private Investmen…
The president of Azul Azul, Michael Clark, paid $5,719,483 for becoming the sole controller of Azul Azul, the concessionary society that manages the football club Universidad de Chile, according to the document where he responded to a request from the Financial Market Commission (CMF) to transparentize the operation by which he became the owner of the U.
The entry Michael Clark decides not to make transparent how he financed the acquisition of the Private Investment Fund that controls Azul Azul was first published in CIPER Chile.
Through a trade, the leader clarified his actions to keep ownership of the club, justifying that he did not inform himself of the fact. He got away with it. After receiving the notification from the Commission for the Financial Market (CMF) to explain his actions to become a new owner of Azul Azul, dealership that governs the University of Chile, President Michael Clark gave answers. According to the agency, the businessman delivered his officia…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
