No it isn’t. That is wrong.
No it isn’t. That is wrong.
Baggzio
Player Valuation: £15m
Look in terms of "how bad it could get", I think we all know. We'd get relegated and likely liquidated. Fact is though we've been so close with Moshiri to that anyways, he was taking us there and for every day he runs the club he still is taking us there.
We were potentially half an hour away from this reality last season, a game away the season before that. The way I'd liken it at the moment is Moshiri is Lampard, 777 is Dyche. Lampard was taking us down, 100% and everyone could see it, so much so that when Dyche came in, even with a track record of some good, some bad, I don't think he'd have been blamed for us, most of the work to get us down had been done and he had a big job on his hands to keep us up.
Same goes here, if things get worse from here I sincerely believe that 777's hands would be tied a bit due to Moshiri's handling of the club. Let's just say for arguments sake they take over tomorrow and we get hit with a points deduction and transfer ban in October and subsequently go down, wouldn't be their fault at all. I know that's not a likely scenario but it's possible and it's all down to Moshiri and Kenwright, no one else.
Tilling
Player Valuation: £6m
Baggzio
Player Valuation: £15m
Aren't leveraged buyouts illegal or something like that now? I know the Premier League are incompetent but I really don't think they'd even dream of allowing a sale like that now, especially to a club like ours which they are well aware of being on the brink of financial ruin.
kenada_blue
Welcome to Barcelonaton FC
stamullenblue
Player Valuation: £20m
Big problem is this sponsorship and other
USM advertising in the ground is why we are under scrutiny …
chopper6
Player Valuation: £8m
I don’t know enough about all this and I’m also very concerned by their backgrounds and other clubs they are involved in.
So maybe someone can humour me here.
Why would they want to ‘kill us’ like I see so many saying? Surely that’s not viable business plan by them? If they want to flip us for a profit then surely it’s in their best interests to make us competitive & keep us in the Prem?
I also see the comments about them asset stripping us. Other than the stadium, what assets do we have to strip?!
To be clear I’m not defending them, just intrigued to learn more about why they’d want to kill us off, and how that benefits them by doing so?
So maybe someone can humour me here.
Why would they want to ‘kill us’ like I see so many saying? Surely that’s not viable business plan by them? If they want to flip us for a profit then surely it’s in their best interests to make us competitive & keep us in the Prem?
I also see the comments about them asset stripping us. Other than the stadium, what assets do we have to strip?!
To be clear I’m not defending them, just intrigued to learn more about why they’d want to kill us off, and how that benefits them by doing so?
kenada_blue
Welcome to Barcelonaton FC
Premier League clubs vote to ban Glazer-style big-debt takeovers
Leveraged buyouts, such as the one that bought Manchester United in 2003, to be capped at around 65 per cent of a club’s value
www.telegraph.co.uk
In a statement, the Premier League did not specify the cap for leveraged buy-outs. It said: “As part of the League’s ongoing review of the Owners’ and Directors’ Test, clubs unanimously agreed to amend the test to prohibit fully-leveraged buyouts.”
It's believed to be capped at 65%
The binman chronicles
Player Valuation: £80m
We can surmise that by the fact he's not waiting until the stadium is built to then sell when likely there would be better offers but we don't know this to be 100% sure, if the amount of the takeover is relatively high perhaps it hit a threshold to get out of Dodge.
We apparently owe 200 million to R&M
100 to MSP
200 odd left to pay LoR at the end of the year.
Then we owe whatever we owe to Moshiri that he hasn't yet converted into equity.
Quite right in what you're saying but the landscape might have changed now.
We are all guessing at the minute but it seems that Moshiri has made the decision to not invest another penny or has no access to funds at the min with the Ukraine conflict.
He might be prepared or desperate to cut a deal to get his hands on some funds.
Where have you got the £700m from? If you’re talking about transfer fees then that has come out of the football club. Has Moshiri spent £700m on shares? Because whatever he has spent on shares is the only money he has actually spent.
Dublin blue 75
Player Valuation: £40m
Plus 40m to Andy Bell
Martin Alvito
Player Valuation: £50m
The answer probably is 'desperate', given the magnitude of the cash bleed. It's clear he's just throwing good money after bad by remaining in ownership. Either he plugs the hole in the boat out of his own pocket, or he cuts his losses.
I doubt that the problem is his own personal cashflow, based on the club's financials and what we know about his net worth. The problem is that he won't recover any value on his existing equity in a reasonable timeframe by increasing his existing equity position.
kenada_blue
Welcome to Barcelonaton FC
Was going off the last set of books that said we have £150mill debt on the club and £150mill loan (which the worry was needing to be serviced on relegation).
The MSP money is new.
As it stands Moshiri hasn't called in the money he's put in.
The point being was that it's been said if 777 got involved it would be "better" than we are now
I don't see how a £500mill leverage is better.
Mikey O
Player Valuation: £8m
Unfortunately, the present circumstances and parties involved is making me think of the problems and consequences experienced by Coventry and Leeds - losing their ground and relegation.
If 777 are as disreputable as posters here and elsewhere have suggested (and I've no reason to doubt them) then how could they possibly pass the Premiership's "fit and proper persons" standard?
I hope earlier posters are right and that Moshiri's distressed position is now seen by all and a better new owner comes forward.
If 777 are as disreputable as posters here and elsewhere have suggested (and I've no reason to doubt them) then how could they possibly pass the Premiership's "fit and proper persons" standard?
I hope earlier posters are right and that Moshiri's distressed position is now seen by all and a better new owner comes forward.
