EFC_FRANCIS
Player Valuation: £35m
There is absolutely no chance the Chester loan sharks are letting these cowboys on board.
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someone tell me? have they pulled out?
maybe now it's time for the JUST GO headline in the echo?
Before we started building a stadium we had a shadow owner who also owned construction companies, steel companies etc. I wholeheartedly believe that all of this mess has come from having to pay market price for all of it after we were not allowed to use the 'discounted' versions that made the cost so cheap, which is why the overall cost of building it has sky rocketed as a result.Is it naive to suggest that you should have secured stadium funding before you start building the stadium..?
Yeah, they're still going to put money towards the stadium though. But any ownership/managerial aspect of the club has gone.
MSP were going to pay £150m for 25% of the club - £100m towards the stadium and £50m for other expenditure.for the ground?
This could force Moshiri's hand into selling. As it looks like Rights and Media funding will insist on getting their money back before we can take on more debt, so the logical way to do that would be for the club to be sold to a consortium or group with deeper pockets than Moshiri to finish the stadium or a group who can pay off Rights and Media their £200m and then take out new financing with someone else, to finish the stadium.
Probably be 777.
Correct.
As it stands we don’t have the money to complete the stadium build.
At least they tried…well, the club have been let down there.
MSP were going to pay £150m for 25% of the club - £100m towards the stadium and £50m for other expenditure.
MSP are going to lend £100m towards the stadium - not part of above.
The stadium funding shortfall is believed to be approx £250m in total.