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things are really bad if they’ve lumped
another 13/33 mill at us
and we’re every they are getting
This might be wildly optimistic, but could the second top-up be for a transfer we / they have identified? It is a very specific amount.
kenada_blue
Welcome to Barcelonaton FC
Just give em the keys ffs
Proper coppering up from all their other clubs to get it over the line
Proper coppering up from all their other clubs to get it over the line
Is it stadium costs? Surely we can’t be haemorrhaging money that badly?
No interest rate...777 are buying equity in the football club.
I have a feeling that 777 will ve given approval from the PL, but not before the first half of February...conveniently after the transfer window. Supposedly they have provided all that was asked from them, yet the PL is dragging this. Perhaps another way to continue to punish the club. We need certainty one way or another quickly.
Why isnt it a gift rather then a loan then - they arent leaving themselves exposed if this falls through, which hopefully it does..
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Simon Buttle
Player Valuation: £60m
Exactly that, they are covering their arses basically, if it was nailed on it would just be a straight pumping of cash into the club. Sounds like even they know there is still something in the background that suggests this may fall through (hopefully)
Exactly mate, they arent borrowing this money themselves at a reported 20% rate just to give to us - you wouldn't be in business very long.
Not sure where you getting the 20% rate...the reality is that nobody has a clue where that money is coming from. Could be a loan, profits, investors, etc...I guess at this point the PL might be the only one knowing for sure as part of the approval process the source of the investment.
We know exactly where the funding is coming from, each subsidiary its funded on the value of the insurance company (which has been downgraded because of risk) which in turn borrows externally on this value at rates of 20% or higher to fund purchases and fund operations.
Mystery investor 777 Partners bought sports teams with insurance customers’ cash
New details show that the little-known firm now bidding for Everton FC used $1.5 billion from a captive insurer in deals for sports clubs, a payday lender, a South American streamer, and other risky deals.
Semafor again as a sourceWe know exactly where the funding is coming from, each subsidiary its funded on the value of the insurance company (which has been downgraded because of risk) which in turn borrows externally on this value at rates of 20% or higher to fund purchases and fund operations.
Mystery investor 777 Partners bought sports teams with insurance customers’ cash
New details show that the little-known firm now bidding for Everton FC used $1.5 billion from a captive insurer in deals for sports clubs, a payday lender, a South American streamer, and other risky deals.finance.yahoo.com
...which has clearly an agenda against 777. Again, until we know more from the PL nobody has a clue where the money is coming from.
Moderatelywarmwater
Player Valuation: £10m
They lend to other clubs at 12.5% I read.
the same for us I suspect.
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