Moderatelywarmwater's latest activity

And that’s why so many other clubs do this.

Build a new stadium to drive new revenues. Or, build a new stadium, hideously overspend, sell some of the stadium, no net new revenue. Hmmm which will it be.

It just goes to show, they have no interest in a multi club model, they just want to flip clubs until they get one of higher value.

Sorry red star FC. Liege cost them €55m and Red star FC about €10m. Scrabbling around for cash

So 777 are trying to sell Standard Liege and Red Star. Wonder why?? An utter joke this lot.

I fear that this is like saying that whatever else people say about Gary Glitter, he had some good tunes.

I don’t think that’s right. Since then, 777s use of the reinsurance market has been exposed and it’s pretty much collapsed the entire industry (at one level). That’s a change

In theory I agree. But cutting costs means selling your best assets. How well will that really go down? But we also have a quite staggering level of debt too. And one thing you can say about 777 is that they aren’t exactly renowned for paying...

Yeah, but which bit is wrong or hyperbole?

They announced that £91m had been spent on player signings You’re talking about net spend. Which is not the same thing

Onana £33.5m McNeil £20m Maupay £15m Gana Gueye £2m Garner £9m-£15m Plus agents fees, a loan fee for Coasy and various signing on bonuses.. sounds about right

Well, that would be great if we had £50m!

Hmm. If they were getting such duff information, it’s rather a coincidence that 777 still haven’t taken us over. Indeed, it seems that 777 have actually caused a seismic shift in the reinsurance market due to their profligacy. When the FT are...

There’s nothing wrong with 777 wanting the club to be finically able to stand on its own feet. That’s a good thing. It’s more that they’ve got a track record of not paying bills and leaving clubs in serious positions as a result. Has anyone...

That’s about £40m. I can’t work out if they want cash to spend, or if it’s capital that 777 were supposed to put into the club. 777 won’t be paying it though. They’ve spent it.