The Esk
Player Valuation: £70m
I think that we look at things a bit differently. I agree that Bolton is an extreme example but there are other examples when this model has resulted in operational stress for a football club. In terms of risk, I meant for the club (and by extension us - the fans) not for Moshiri. If Mr Moshiri decides he wants out, then there will be no shortage of takers and will recoup most or all of his investment or will profit from any sale in the current premier league climate. On the other hand, if Mr Moshiri decides he doesn't want to invest further in the club but wants to continue to receive a dividend and an above inflationary interest payment on the loans he holds then he can sit on the club, dictate the terms of those loans and run it at arms length (like Mike Ashley tried to do) this would leave us in a weird kind of limbo with no means of exiting it. I am not saying this is what he is going to do but I am cautious because of the way things have developed so far (i.e. being told the debt was paid off when it in fact was transferred to a different vehicle; being told we were going to have a blockbuster summer when we signed the same sort of players we have always signed after selling one of our most saleable assets; being drip fed info about a new stadium without any formal declarations of intent).
I admire your optimism, and hope it is ultimately justified, I'm just not sure where the evidence is to support it at the moment.
We do look at things differently for sure
I do see Moshiri (due to what I know of him) as the solution to problems created by the past rather than a potential problem in the future. I've just written something short for the front page which contrasts briefly the position we would be in without Moshiri as against now.
Yes there's an argument that we are in fact now beholden to an individual with no real connection to the club, but his actions in the first 9 months don't suggest that to me - as I say the reverse.