Sima Posted May 21, 2018 Share Posted May 21, 2018 'Marrashewt payments' Link to post Share on other sites More sharing options...
Away Day Gadgie Posted May 21, 2018 Share Posted May 21, 2018 ;D Link to post Share on other sites More sharing options...
mrmojorisin75 Posted May 21, 2018 Share Posted May 21, 2018 Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 These have a press conference now at 4pm to announce ‘the don’ Link to post Share on other sites More sharing options...
mrmojorisin75 Posted May 21, 2018 Share Posted May 21, 2018 crack open the blue wkd pet, we're rising from the ashes Link to post Share on other sites More sharing options...
BlueStar Posted May 21, 2018 Share Posted May 21, 2018 Pahahahaha https://www.readytogo.net/smb/threads/2-mags-complete-with-tops.1431528/ Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 Just admitted theirs no consortium. No big money Link to post Share on other sites More sharing options...
BlueStar Posted May 21, 2018 Share Posted May 21, 2018 Gibson avoids jail. Shame, they've got the makings of a decent prison team. Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 Think the penny has dropped with a couple of them https://www.readytogo.net/smb/threads/press-conference.1431522/page-15 Link to post Share on other sites More sharing options...
Charlies Posted May 21, 2018 Share Posted May 21, 2018 James HunterVerified account @JHunterChron 31s32 seconds ago Methven confirms Short will not be taking #safc’s parachute payments, despite reports. But he confirms the £40m Donald is paying Short for the club is secured against the parachute payments Link to post Share on other sites More sharing options...
xLiaaamx Posted May 21, 2018 Share Posted May 21, 2018 Usually when people lie they dont give it away so easily If its just this guy then they're fucked and never coming back Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 This guy has clearly saw a cheap way of jumping up a couple of leagues by buying them and selling Eastleigh. It’s a gamble and he’s probably out of his depth Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted May 21, 2018 Share Posted May 21, 2018 Fucking knew it, the bloke is a chancer with no money and no backers Fucking hell I could have bought the club if I used the parachute payments as security How will he afford to run a club that is losing millions a month and that will need at least 10m to get back into the Championhsip and possible 50m + or more to try and get out of it? My own opinion is that he will try and get it back into the Championship on a shoe-string and then flip it. There is no way any backer would come in as they would have to put tens of millions in and tens of millions more to stay in the PL. A billionaire has just lost 10s of millions from the wretched thing and their own fans won’t even spend money on a ticket preferring to get them free or at discount price. Which backer would be mad enough to get involved? What a joke of a club man Link to post Share on other sites More sharing options...
54 Posted May 21, 2018 Share Posted May 21, 2018 Link to post Share on other sites More sharing options...
Disco Posted May 21, 2018 Share Posted May 21, 2018 Blackburn spent £1.5m this season, Wigan £700k. Link to post Share on other sites More sharing options...
Fugazi Posted May 21, 2018 Share Posted May 21, 2018 Link to post Share on other sites More sharing options...
Minhosa Posted May 21, 2018 Share Posted May 21, 2018 What happens in the scenario that these guys have a bad first season in L1? It's all well and good securing the purchase on the back of parachute payments but if they don't go straight back up, they will be incurring additional debts from the start. The whole thing rests on promotion or they'll be refinancing after 12 months and headed to adminville. Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 https://twitter.com/als_fanzine/status/998585924077408258?s=21 Link to post Share on other sites More sharing options...
TK-421 Posted May 21, 2018 Share Posted May 21, 2018 Love how all the headlines on Twitter, etc are saying they've been 'taken over by International Consortium'. Is there an international consortium? Not at this point, Donald is the majority shareholder with scope for others to come on board later on. CM: There are other people we both have in mind that have further capital, there are people who have expressed an interest. Stewart will be the majority shareholder whatever happens. For the time being Stewart and to a lesser degree me. We will be very hands on. Link to post Share on other sites More sharing options...
gdm Posted May 21, 2018 Share Posted May 21, 2018 Bless their simple minds Link to post Share on other sites More sharing options...
Andy84 Posted May 21, 2018 Share Posted May 21, 2018 Bless their simple minds Exciting times for the League one club Link to post Share on other sites More sharing options...
Paully Posted May 21, 2018 Share Posted May 21, 2018 This is going to be hilarious this! I can’t wait to see the abuse he gets on Twitter next season off them! Link to post Share on other sites More sharing options...
xLiaaamx Posted May 21, 2018 Share Posted May 21, 2018 The parachute being used as security still has that effect that they cant use them, right? Aswell as needing to pay 40 million in instalments as they cant pay it in one go Link to post Share on other sites More sharing options...
loki679 Posted May 21, 2018 Share Posted May 21, 2018 Can they spend the parachute payments if debt is secured on them? Seems counterintuitive. Link to post Share on other sites More sharing options...
xLiaaamx Posted May 21, 2018 Share Posted May 21, 2018 Can they spend the parachute payments if debt is secured on them? Seems counterintuitive. I'd think not, not really security if they spend it. Link to post Share on other sites More sharing options...
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