MSP Sports Capital

BNJ1878 said:
To be fair he pretty much ruled himself out as soon as he said he was interested.
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Yeah it always came across as posturing to help him shift his shares or gain more leverage in the boardroom at palace in hindsight.

Shame cause I enjoy his (possibly misplaced) passion in footy.
 

Joey66 said:
Common Knowledge they wanted to buy us outright seen the mess of our dodgy loans - they saw the mess we were in offered that loan deal on the stadium - it was reported on many outlets the size of the loan plus the interest rate - They knew we were desperate .....
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So you have nothing to back up that 20% claim whatsoever. It's not "common knowledge" at all. You've made that up.

Our most expensive loans are with Rights and Media Funding. Bank of England base rate +5.5%
 
Joey66 said:
It was all over the media even Toffewb & Alan Myers were on about it googld it FGS,,,
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Alan Myers hasn't said anything about it being a 20% per year interest rate loan. Nor has ToffeeWeb

You're quoting something that doesn't exist

This is like the "Denise Barrett-Baxendale fixed the stadium cost" nonsense. People magnifying something that didn't exist. (Deliberately briefed by the club there)

It's magnified on social media with people putting their own spin on it.

The MSP loans were not 20% p.a. The most expensive loans we have had are with Rights and Media Funding
 

Damo_1878 said:
Alan Myers hasn't said anything about it being a 20% per year interest rate loan. Nor has ToffeeWeb

You're quoting something that doesn't exist

This is like the "Denise Barrett-Baxendale fixed the stadium cost" nonsense. People magnifying something that didn't exist. (Deliberately briefed by the club there)

It's magnified on social media with people putting their own spin on it.

The MSP loans were not 20% p.a. the most expensive loans we have had are with Rights and Media Funding
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They have just been paid £158 million today by our new owners .. an odd number hey-ho
 
Cake said:
When you're worth £4,900m, yourself, and your company turns over in excess of £12,000m each year, £158m is less than 2 weeks money, to you, and less than 5 days money to your company.

Chicken feed! We're minted!
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It's been paid off firstly rather than other more expensive loans purely because the loan was due first (had to be extended) plus was a condition of the Premier League as the loan was secured against Blue Sky Capital in Isle of Man that could have allowed them to sieze control of 51% of the club

That's removed now with this new loan from Friedkin which they can convert to equity (shares) when Premier League approve the takeover
 

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