MSP Sports Capital

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I’m glad to see the back of MSP. 25% for £100M, I think were the numbers floated. I think Moshiri is right not to give up that %. He can still get the £100M loan from them anyway if he wishes…but he’s the accountant and will know far more than we do….

Could make an argument that the loan is far more severe than valuing the club and stadium at £400 million. Especially when it looks like the club, without the stadium, is illiquid
 

Could make an argument that the loan is far more severe than valuing the club and stadium at £400 million. Especially when it looks like the club, without the stadium, is illiquid
At best it’s irrelevant. The stadium is built, the club achieves on the field and P&L and is bought. Any other scenario involves putting 125-150 more debt on the books, increases the likelihood of cash interest needing to be paid on this debt. Then any FFP issues may be dwarfed by actual cash flow issues. A relegation means almost certain administration. One thing it isn’t is positive news no matter how it’s viewed.

In the short term there’s really no difference. The club still gets the 100 million to finish the stadium. And it shouldn’t affect transfer business in the short term. But if things don’t go well on the field or with construction…
 
THANKS FOR THE EVENING !!!

If I could ask for one thing ( and forget transfers for the mo ) Could you just be honest for once and put it all out on the table in one go, instead of bits and bobs, day after day.

Just let us know what is happening to our club...

WE DESERVE THAT !!!!
 

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