Latest Takeover Rumour. The Moores / Noell one

[Tigger]

This thread makes my head hurt, where are the cat gifs?

 

[The Esk]

FSG loan to LFC - not really looked into it, but did I hear somewhere that it is repayable in t years?

Without digging through my notes, it's repayable over 4 years from 2016/17.

 

[hibbo'sclass]

Without digging through my notes, it's repayable over 4 years from 2016/17.

So in effect the c90mil uplift in TV money over 3 years is being used to repay it in cash terms. I know it ain't that simple but...

 

[The Esk]

So in effect the c90mil uplift in TV money over 3 years is being used to repay it in cash terms. I know it ain't that simple but...

I think it's more linked to the anticipated increase in gate receipts at Anfield, hence the repayment starting in 2016/17. Liverpool are expecting gate receipts to increase by a minimum of £1 million per game upon the expected opening of the new main stand beginning 2016/17 season.

 

[hibbo'sclass]

I think it's more linked to the anticipated increase in gate receipts at Anfield, hence the repayment starting in 2016/17. Liverpool are expecting gate receipts to increase by a minimum of £1 million per game upon the expected opening of the new main stand beginning 2016/17 season.

What happens when they get relegated though?
Damn phone

 

[toffeejack]

Creed has already made $120M or so. Stallone is one of 7 producers; not sure he gets an equal cut, but he'll easily make $10-20M off this film in its first year.

He could buy Naismith with the creed money.


Oh no, where's the creed money will be our new saying!

 

[neil999]

Without digging through my notes, it's repayable over 4 years from 2016/17.

 

[The Esk]

you've hacked my webcam, haven't you?

 

[SerenityNigh]

For example Fenway Group have lent Liverpool £115 million at 0 %.

Isn't this just owner equity in a structure more favorable in FFP terms?

 

[TheFinnFan]

Just hope Bill gets a good payoff out of this deal. The future of the club is secondary.

Believe what you want.

 

[hibbo'sclass]

Isn't this just owner equity in a structure more favorable in FFP terms?

Loan from parent to subsidiary if my understanding is correct.
Pretty certain for UEFA rules any interest charged for ground development is excluded as a cost from FFP until such time as the development produces income.

 

[Socrates]

What happens when they get relegated though?

Evertonians will have an open top bus parade. Adverts for stewards and everything.

Will be looking for sponsorship from Cadburys Smash.

 

[The Esk]

Isn't this just owner equity in a structure more favorable in FFP terms?

Loan from parent to subsidiary if my understanding is correct.
Pretty certain for UEFA rules any interest charged for ground development is excluded as a cost from FFP until such time as the development produces income.

When @hibbo'sclass is not on here he reads the FFP manual for fun

 

[SerenityNigh]

Loan from parent to subsidiary if my understanding is correct.
Pretty certain for UEFA rules any interest charged for ground development is excluded as a cost from FFP until such time as the development produces income.

When @hibbo'sclass is not on here he reads the FFP manual for fun

But a related party loan is treated differently from equity investment in FFP terms? Or do I remember that incorrectly? Maybe @hibbo'sclass knows as much FFP as @bizarro once did?

 

[hibbo'sclass]

When @hibbo'sclass is not on here he reads the FFP manual for fun

Nooooooooooooo

But a related party loan is treated differently from equity investment in FFP terms? Or do I remember that incorrectly? Maybe @hibbo'sclass knows as much FFP as @bizarro once did?

I have looked at bits of it, and I may be wrong but my understanding is that in income terms say Stadium naming rights/advertising with a "connected party" etc a fair market value can be deemed if they are inflated. Look sheepish Man City.
Only looked at the bit that said interest payments were excluded until the development was generating income, so I suppose it's possible that a fair market value could be deemed on the transaction, but after @The Esk s accusation I"m not going to look so there. Slightly different anyway isn't it because if the deemed interest on owner's loans then Chelsea would have gone bang years ago in their eyes.
Bring back Adversus I say - transfer thread meltdowns and all.
Edit - meant bizarro sorry