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They had a thread a couple of days ago saying they should try going for Kirchoff on a free.

 

He's in talks to sign for relegation rivals Bolton. :lol: :lol:

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Mackematics, mackem logic etc and the "our fans" notion that they are somehow better than other football supporters seems to have no limit on truth bending.

They're currently comforting and back slapping themselves, with the excuse that deserting their team en-masse is somehow acceptable because they've suffered years, if not decades of misery, but correct me if I'm wrong, wasn't it barely a year and a half ago they were giving it out large and "getting the rave on" ?

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So what's the craic with Rodwell? Mental health issues? Out of favour? Or just point blank refusing to play?

 

Not getting much of a return on what they reckon is £70k a week.

 

Mackem ST holder work told me Rodwell has been bounced from the first team and is training with the juniors.  Kewkie monster has had enough of him. 

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To be fair the price isn't that far off ours. 350 for us 50 for them but they take on 300 debt.

 

£300m debt?!

 

I thought it was about £70m (which probably will have been reduced by about £15m after last summer!)?!

 

It's currently around the 180m mark

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To be fair the price isn't that far off ours. 350 for us 50 for them but they take on 300 debt.

 

£300m debt?!

 

I thought it was about £70m (which probably will have been reduced by about £15m after last summer!)?!

 

It's currently around the 180m mark

 

The debt is?  :kasper:

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Nar, £50 - 60m to that American firm and about 70 to Short is what I read. The debt to the Americans is secured on their parachute payments which is why they're knacked.

 

Yeah from what I read the external debt is the big issue, it's not huge if you are a PL club but for a potential L1 side, that'll kill ya. It's due to be paid back sometime in 2019 I think, there was talk on RTG about them being able to re-finance it. I'm no accountant but surely in order to do that they would have to have something to secure it on, a means to pay it back. The parachute payment will be the obvious thing, but if they are all used to pay off the loan then how are they going to pay their players ? LOL, obviously not through gate receipts.

 

Short could save their club though, just dip your hand into your pocket one last time and pay off the external debt, write off your personal debt and sell the club for 20 million or something, someone would take that surely. That would mean he would have to take a massive financial hit. 

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Nar, £50 - 60m to that American firm and about 70 to Short is what I read. The debt to the Americans is secured on their parachute payments which is why they're knacked.

 

Yeah from what I read the external debt is the big issue, it's not huge if you are a PL club but for a potential L1 side, that'll kill ya. It's due to be paid back sometime in 2019 I think, there was talk on RTG about them being able to re-finance it. I'm no accountant but surely in order to do that they would have to have something to secure it on, a means to pay it back. The parachute payment will be the obvious thing, but if they are all used to pay off the loan then how are they going to pay their players ? LOL, obviously not through gate receipts.

 

Short could save their club though, just dip your hand into your pocket one last time and pay off the external debt, write off your personal debt and sell the club for 20 million or something, someone would take that surely. That would mean he would have to take a massive financial hit.

I thought they owed £100m externally no, and it's due to be paid in 2019 or something?
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Forgive me for being naive.. How exactly have they amassed so much debt? Like what the hell have they spent it on?

 

Can get my head around how they've spunked away all the money that came in whilst they we're in the PL, but to then think 'oh, we spent all those millions so smartly, we need go and find more' is a bit baffling. What they hell have they been spending their money on?

 

 

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Forgive me for being naive.. How exactly have they amassed so much debt? Like what the hell have they spent it on?

 

Can get my head around how they've spunked away all the money that came in whilst they we're in the PL, but to then think 'oh, we spent all those millions so smartly, we need go and find more' is a bit baffling. What they hell have they been spending their money on?

 

 

 

Look at their net spend for the last 10 seasons and look at how much they've paid to bin off about 48 managers!

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according to 5live, short will give the club free to anyone who takes on the approx £137m debt.

 

It was for sale at 50 mil during lunch time. 

 

:lol:

 

wants out asap- knows that debt is only going to grow- so may as well cut and run now.

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Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship.  :lol: :lol:

 

Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last.

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Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship.  :lol: :lol:

 

Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last.

 

They are truly finished if they go down.

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Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship.  :lol: :lol:

 

Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last.

 

they have a number of players on more than that a season. could they be the biggest fuck up of all the big fuck ups?  Leeds Portsmouth etc.

 

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