Mikeonlythebestwilldo
Player Valuation: £20m
Bullseye!!!
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diggerdestroyer
Player Valuation: £40m
This team is a midtable team. If he wants us to improve we need 5/6/7 players who need to go straight into first 11. 2 or 3 playera will not be enough. Needs to act over next 2 windows. Show us the money or we will be a midtable team this time next year.
MartSlinger
Player Valuation: £40m
Big investment & new direction for the Club BUT the same old problems are arising. The sooner he bins the old guard off the better. He spoke about where he wants us to be at the AGM, its glaringly obvious that this will be difficult if certain members of the board remain.
Look at all the money Man U have got and look at the embarassing summer in Moyes' first year when they ended up signing Fellaini. That was a complete farce and unheard of for Utd and the blame was firmly placed on Ed Woodward, who had replaced David Gill but didnt have a clue about how football transfers worked.
This position is just as important as a manager, scout etc so we need to be sorting it out.
@The Esk
Had a look at your article, and to be honest just don't get it
Why do USM require brand awareness - it's a privately owned investment holding company registered in the BVI.
I understand that the deal includes access to players for promotional purposes for the likes of Metalloinvest et al, thereby giving verisimilitude to arms length and commercial value which is doubtless to circumvent any potential compliance issues.
Your article also states that Usmanov has over 300m exposure with Arsenal - but unless he paid a 50m premium for FM shares in Red and White Holdings (reported figure at the time for the deal was 200mil) then surely the figure you quote should be 400 mil.
As an aside, brings up the question of what has EFC cost FM/BHHL in cash terms since the share sale in Red and White - answer is nothing, indeed until the options are exercised, FM has positive cashflow over the 2 deals. Did a rough calc a while back, 200 mil (sale of R&W) less 87.5 (49.9 current holding) less 80 mil (BHHL loan) leaves a 32.5 mil balance. So allowing for a further 41 mil for exercising the options, if all reported prices are true and all deals are cash then he has liquidated a pretty illiquid asset and taken over EFC (much easier to dispose of short or long term) whilst only using 8.5mil of his pre-disposal cash reserve.
If there is a rights issue, it will cost a further 95mil if underwritten by BHHL and assuming that no shareholders take up their options.
Am I missing something?
Had a look at your article, and to be honest just don't get it
Why do USM require brand awareness - it's a privately owned investment holding company registered in the BVI.
I understand that the deal includes access to players for promotional purposes for the likes of Metalloinvest et al, thereby giving verisimilitude to arms length and commercial value which is doubtless to circumvent any potential compliance issues.
Your article also states that Usmanov has over 300m exposure with Arsenal - but unless he paid a 50m premium for FM shares in Red and White Holdings (reported figure at the time for the deal was 200mil) then surely the figure you quote should be 400 mil.
As an aside, brings up the question of what has EFC cost FM/BHHL in cash terms since the share sale in Red and White - answer is nothing, indeed until the options are exercised, FM has positive cashflow over the 2 deals. Did a rough calc a while back, 200 mil (sale of R&W) less 87.5 (49.9 current holding) less 80 mil (BHHL loan) leaves a 32.5 mil balance. So allowing for a further 41 mil for exercising the options, if all reported prices are true and all deals are cash then he has liquidated a pretty illiquid asset and taken over EFC (much easier to dispose of short or long term) whilst only using 8.5mil of his pre-disposal cash reserve.
If there is a rights issue, it will cost a further 95mil if underwritten by BHHL and assuming that no shareholders take up their options.
Am I missing something?
kithnou
Player Valuation: £70m
Hopefully all will be revealed in the Summer when we all are discussing the USM £100m 5 year Goodison naming rights sponsorship
Prefer Baikal Mining Corp Goodison myself, but different strokes and all that.Hopefully all will be revealed in the Summer when we all are discussing the USM £100m 5 year Goodison naming rights sponsorship
kithnou
Player Valuation: £70m
That will do as well.
All good working out.
So basically USM holdings will own 30% of Arsenal and 75% of Everton, all for an 8m spend.
Not a bad day at the office really.
No mate. BHHL will own 73% ish of EFC for a maximum cashflow layout of roughly 103.5 mil if there is a 1 for 1 rights issue and nobody takes up their shares.
USM doesn't own any bit of Arsenal or Everton, but Red and White Holdings (Usmanov) owns 30%.
That make more sense?
Edit - if no one takes up their shares it's about 86/87%. Doh
I know what it says on paper.
I stand by my words.
Just dont let the FA read what I say.
I always go with the paper. Reality is somehow sordid.I know what it says on paper.
I stand by my words.
Just dont let the FA read what I say.
Flaming phone.
