Heavy And Light

[A2B]

I was told by a senior union official that the real reason he bought us was to legitimise his business in the UK. His real wealth comes from energy. Oil and gas from Russia. Once he is established as a creditable UK business man then he is free to expand his energy supply infrastructure here.

My god read some nonsense on here..

I was told the same thing but dismissed it as I thought there must be an easier way to get a foothold in the UK energy industry

[TopperGas]

Hasn't DK just taken a £320m dividend from his UK energy business, doesn't that suggest he's already established?

[richietns]

He has tons of money he will be established already the government literally give him RM,its strange how billions does that

[Mr Rush]

The CWU wanted desperately to believe that DK was the answer to everything so believed everything he said.

They were praying for Larry Wildman to save Bluestar Airlines only to discover in real life it doesn't work out like the movies, if you get the allusion.

[clashcityrocker]

I was told by a senior union official that the real reason he bought us was to legitimise his business in the UK. His real wealth comes from energy. Oil and gas from Russia. Once he is established as a creditable UK business man then he is free to expand his energy supply infrastructure here.

So his holdings in Sainsbury's and West Ham United weren't enough?

[norris9]

I heard he bought it because he loves watching Postman Pat.

[postslippete]

Daniel Kretinsky's personal wealth has seen significant growth, with estimates indicating his net worth is around $10.1 billion as of 2026. His wealth primarily comes from his stake in Energetický a průmyslový holding (EPH), a conglomerate with assets valued at approximately 28.9 billion euros ($31.3 billion).

£200 million from a gig style Royal Mail still seems like small beer (and peanuts) and just doesn't seem worth the negative publicity.

Most billionaires don't have their net worth as spending money as most of it is tied up in stakes and long term holdings. All DK is interested in is what return these assets generate relative to the capital and risks involved, and £200 million more profit doesn't simply mean £200 million more cash - it can make the whole company worth £1-2 billion more if its eventually sold. If this is in addition to the profits already generated at GLS then that could turn IDS into a £500 million earnings before EBIT. And that's not beer money when its value also compounds over time!!

Think of a house that has an annual rent £10k which you them modernise and improve so that you can then rent it out at £15k - you don't just add another £5k per year, you also increase the house's sale price because buyers pay based on the rental income. Businesses work in much the same way.