Jimburst Posted February 4, 2019 Share Posted February 4, 2019 Yeah, it's 300m for the club. Lee Ryder does not make it sound easy to comprehend, what he should be saying is 1) "As it stands, United do remain up for sale for a price of around 300 million - and we also understand that the price is inclusive of the additional costs to repay Ashley for the interest free loans he has paid into club." 2) or he needs to say something like "...and we also understand that Ashley will not be asking a Buyer to repay any interest free loans he has paid into the club" So either 1) 300m includes the loan repayment to MA or 2) 300m for the club. Ashley retiring the loans at no cost to Buyer. Why would he refer to the loan as being 'additional costs' if they weren't additional costs to the buyer? I know he's stupid but if you take what he's written I can't see how you'd come away with anything other than the loans need repaying on top of the 300m. Link to post Share on other sites More sharing options...
Mr Logic Posted February 4, 2019 Share Posted February 4, 2019 He does say "inclusive of" but there's still a degree of ambiguity despite that. Link to post Share on other sites More sharing options...
Kanji Posted February 4, 2019 Share Posted February 4, 2019 Yeah, it's 300m for the club. Lee Ryder does not make it sound easy to comprehend, what he should be saying is 1) "As it stands, United do remain up for sale for a price of around 300 million - and we also understand that the price is inclusive of the additional costs to repay Ashley for the interest free loans he has paid into club." 2) or he needs to say something like "...and we also understand that Ashley will not be asking a Buyer to repay any interest free loans he has paid into the club" So either 1) 300m includes the loan repayment to MA or 2) 300m for the club. Ashley retiring the loans at no cost to Buyer. Why would he refer to the loan as being 'additional costs' if they weren't additional costs to the buyer? I know he's stupid but if you take what he's written I can't see how you'd come away with anything other than the loans need repaying on top of the 300m. Because he's saying the cost to buy is 300m and not 400m+ man. Lee brought it up because everyone always asks if MA is going to ask for the loan repayment on top of the 300m. Link to post Share on other sites More sharing options...
Jimburst Posted February 4, 2019 Share Posted February 4, 2019 He literally says it's 300m not including the loans. I don't know if he's right or wrong but he's said it...I know you're presuming he's stupid enough to mis-write that but it just seems so basic I'm struggling to imagine it. Link to post Share on other sites More sharing options...
Kanji Posted February 4, 2019 Share Posted February 4, 2019 Jimburst... "As it stands, United do remain up for sale for a price of around £300million - and we also understand that the price will not include additional costs to repay Ashley the interest free loans he has paid into the club." [CLUB UP FOR SALE FOR 300 MILLION. PRICE TO ACQUIRE THE CLUB WILL NOT INCLUDE LOAN REPAYMENT TO MA] "In short, this would be a straight-forward deal for a potential new owner who would get the club for £300million with a world class manager in Rafa Benitez still in place, not to mention one of the best fanbases in the game." [sTRAIGHT FORWARD DEAL TO BUY CLUB FOR 300 MILLION] Link to post Share on other sites More sharing options...
Yorkie Posted February 4, 2019 Share Posted February 4, 2019 Regardless of that article, am I right in thinking that the club's debt to Ashley probably isn't as high at it's once been ("where's the money gone?") only we don't know the specifics yet because the latest accounts we have are from the Championship season? Link to post Share on other sites More sharing options...
DJ_NUFC Posted February 4, 2019 Share Posted February 4, 2019 Diame's transfer fee is also not included in the 300m, not mentioned anywhere I've seen so far. Link to post Share on other sites More sharing options...
Darth Crooks Posted February 4, 2019 Share Posted February 4, 2019 http://stitcher.com/s?fid=366786 Link to post Share on other sites More sharing options...
Guest The Little Waster Posted February 4, 2019 Share Posted February 4, 2019 Its all meaningless , if someone comes in with £300 million he just howks the price up again ... Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted February 4, 2019 Share Posted February 4, 2019 A new N.O low, debating and analysing the contents of a Ryder report about the ‘sale’ of NUFC. Link to post Share on other sites More sharing options...
Stifler Posted February 5, 2019 Share Posted February 5, 2019 Lost out on the sale of HMV. Link to post Share on other sites More sharing options...
madras Posted February 5, 2019 Share Posted February 5, 2019 Its all meaningless , if someone comes in with £300 million he just howks the price up again ... I doubt anyone will offer that much at the end. From the outside it looks ok, but my guess is that when they examine the books and see that Ashley has put in place deals like he did at Rangers, the club's finances wont look so good and that will change the price they are willing to pay. Link to post Share on other sites More sharing options...
madras Posted February 5, 2019 Share Posted February 5, 2019 Lost out on the sale of HMV. Failed medical ? Link to post Share on other sites More sharing options...
jarrovianmag Posted February 5, 2019 Share Posted February 5, 2019 At least can buy from HMV now Link to post Share on other sites More sharing options...
Dr.Spaceman Posted February 5, 2019 Share Posted February 5, 2019 TIL HMV still exists. Link to post Share on other sites More sharing options...
Wilson Posted February 5, 2019 Share Posted February 5, 2019 Lost out on the sale of HMV. Failed medical ? They wanted money and the wage bill was ridiculous. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted February 5, 2019 Share Posted February 5, 2019 “We tried” Link to post Share on other sites More sharing options...
Toon No9 Posted February 7, 2019 Share Posted February 7, 2019 Where is the update on the takeover that was promised? Wouldn't there be a statement this week? Link to post Share on other sites More sharing options...
ToonTastic Posted February 8, 2019 Share Posted February 8, 2019 Where is the update on the takeover that was promised? Wouldn't there be a statement this week? Was just a suggestion by Ryder wasn't it ? Link to post Share on other sites More sharing options...
ToonArmy1892 Posted February 8, 2019 Share Posted February 8, 2019 Feck off Mike. Feck Link to post Share on other sites More sharing options...
Shearergol Posted February 8, 2019 Share Posted February 8, 2019 https://www.chroniclelive.co.uk/business/business-news/mike-ashley-st-james-metro-15800502?utm_source=facebook_instant&utm_medium=social&utm_campaign=facebook_instant&utm_content=grid Link to post Share on other sites More sharing options...
Crumpy Gunt Posted February 8, 2019 Share Posted February 8, 2019 https://www.chroniclelive.co.uk/business/business-news/mike-ashley-st-james-metro-15800502?utm_source=facebook_instant&utm_medium=social&utm_campaign=facebook_instant&utm_content=grid £120m development. Doesn't suggest how much he sold it for. Link to post Share on other sites More sharing options...
steve_69 Posted February 8, 2019 Share Posted February 8, 2019 https://www.chroniclelive.co.uk/business/business-news/mike-ashley-st-james-metro-15800502?utm_source=facebook_instant&utm_medium=social&utm_campaign=facebook_instant&utm_content=grid £120m development. Doesn't suggest how much he sold it for. So am i right in thinking that plot previously belonged to the club and he's just sold it off? Link to post Share on other sites More sharing options...
ToonTastic Posted February 8, 2019 Share Posted February 8, 2019 https://www.chroniclelive.co.uk/business/business-news/mike-ashley-st-james-metro-15800502?utm_source=facebook_instant&utm_medium=social&utm_campaign=facebook_instant&utm_content=grid £120m development. Doesn't suggest how much he sold it for. So am i right in thinking that plot previously belonged to the club and he's just sold it off? Yeah but now with planning permission meaning it's worth more. Link to post Share on other sites More sharing options...
Disco Posted February 8, 2019 Share Posted February 8, 2019 Link to post Share on other sites More sharing options...
Recommended Posts