MSP Sports Capital

[Ferguson1878]

think deep down we all know this won’t make a blind bit of difference, we had our chance and managed to mess it up not once but twice ,best we can hope for is the board gone and maybe the odd derby win

 

[4737carlin]

As long as it sees Kenwright and Baxendale out the door, its worth it.

Not if it leaves Moshiri in charge, which it will, it solves nothing

 

[allen]

This is a great new word

I went with two Ns in the middle. That felt right even though it looks a bit wrong.

 

[Osamabindiesel]

Imagine Moshiri tacks on the debt then bounces. A final middle finger to Everton

 

[4737carlin]

think deep down we all know this won’t make a blind bit of difference, we had our chance and managed to mess it up not once but twice ,best we can hope for is the board gone and maybe the odd derby win

When you say odd Derby win, you mean Derby County?

 

[4737carlin]

Imagine Moshiri tacks on the debt then bounces. A final middle finger to Everton

Well he won't do us any favours, he never has

 

[Blue83]

yes, essentially secured against the club..

but at what rate? 5%? 10%? 15%

look, we all know it’s going to be poor, but how poor?

What Are Preference Shares and What Are the Types of Preferred Stock?

Preference shares are company stock with dividends that are paid to shareholders before common stock dividends are paid out.

www.investopedia.com

explains the type of shares they'll be buying, from that I believe they basically get priority over other shareholders for being paid dividends until their share is paid up

 

[Moderatelywarmwater]

What Are Preference Shares and What Are the Types of Preferred Stock?

Preference shares are company stock with dividends that are paid to shareholders before common stock dividends are paid out.

www.investopedia.com

explains the type of shares they'll be buying, from that I believe they basically get priority over other shareholders for being paid dividends until their share is paid up

Helpful thanks…

But also quite scary ….

 

[Ferguson1878]

When you say odd Derby win, you mean Derby County?

the horse race at epsom

 

[Simon Buttle]

How do you know their money isn’t leveraged against the club?
Dave Blitzer of MSP is notorious for leveraged debt.

Never assume it isn’t leveraged debt unless you have CAST IRON guarantees. Until we have that I will doubt them to the hilt.

I'm pretty sure leveraged debt deals are no longer allowed under the new fit and proper persons rules, also it's only a few months ago that MSP were trying to buy Spurs so they can't be that short of cash.

 

[catcherintherye]

yes, essentially secured against the club..

but at what rate? 5%? 10%? 15%

look, we all know it’s going to be poor, but how poor?

I'm not wholly convinced theres a coupon against it.

 

[catcherintherye]

How do you know their money isn’t leveraged against the club?
Dave Blitzer of MSP is notorious for leveraged debt.

Never assume it isn’t leveraged debt unless you have CAST IRON guarantees. Until we have that I will doubt them to the hilt.

Well it is against the club in a way, but will likely be turned to equity.

It is also being used to fund the stadium, not to buy the club.

 

[ForeverBlue92]

I'm pretty sure leveraged debt deals are no longer allowed under the new fit and proper persons rules, also it's only a few months ago that MSP were trying to buy Spurs so they can't be that short of cash.

That was made up by the media man.

These guys are bad news unfortunately.

 

[Ruairi77]

Kenwright has nothing to keep hold off, he sold his shares to Moshiri, but Farhad might want to still play Championship Manager with us in the hope he can make in the future

hows he going to massage that enormous ego if he's not chairman of Everton?

 

[4737carlin]

hows he going to massage that enormous ego if he's not chairman of Everton?

Meaningless title, besides .... a stand named after him at BM will do the trick!!!