davek
Player Valuation: £150m
http://www.telegraph.co.uk/sport/fo...-as-delaying-tactic-for-takeover-of-club.html
That looks like a nightmare scenario unfolding for Gillett and Hicks: Huang's sports trust pays up the debt's of the club - directly negotiating with the bank and leaving the current owners with just their (£100M?) holding in the club to sell off.
I doubt H&G will be outmanoeuvered like this, though. The Syrian 'deal' they're working on has to be seen to it's conclusion under the conditions of the loan extension they gained with RBS and, as the article suggests, they'll eek that out until the transfer window closes, which will cool the interest of this Chinese consortium.
Ideal scenario will be H&G see this takover off and sell Torres to pay for any debt that may be called in by the bank in the autumn.
That looks like a nightmare scenario unfolding for Gillett and Hicks: Huang's sports trust pays up the debt's of the club - directly negotiating with the bank and leaving the current owners with just their (£100M?) holding in the club to sell off.
I doubt H&G will be outmanoeuvered like this, though. The Syrian 'deal' they're working on has to be seen to it's conclusion under the conditions of the loan extension they gained with RBS and, as the article suggests, they'll eek that out until the transfer window closes, which will cool the interest of this Chinese consortium.
Ideal scenario will be H&G see this takover off and sell Torres to pay for any debt that may be called in by the bank in the autumn.