Paul’s come to the same conclusion as me, though he reckons TFG have strategically restructured from within the group at the moment.
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Paul’s come to the same conclusion as me, though he reckons TFG have strategically restructured from within the group at the moment.
So we own our new ground and we’re already almost debt free?
Is that right? Can that be right?
Just build a billion dollar stadium and the cost disappears because we got taken over by the right people?
pfim
Player Valuation: £40m
I'd let the dust settle a bit before declaring that.
hmmm so i see, so where is the A-Cap charge? it must be there somewhere, I can't see it being reported that this has been restructed being wrong..
Marius57
Player Valuation: £60m
More likely they have paid off the debt by providing huge amounts of cash which they have then converted to equity/shares rather than as a shareholder loan. (Is that how it works?) But the club as an entity is essentially debt free.
As owners. They will want their money back in the long run though. So it will be interesting how much further they will go in investment in the short term.
But if the debt is transferred to equity, then that means they'd have to find a buyer willing to suck up that extra valuation they've placed on the club. Or we wouldn't get sold, or we'd get sold at a loss to the Friedkins.
Whichever of those three, it wouldn't be debt on us.
Yeah, it seems too good to be true.
Looks like the group has either taken out a restructuring loan or paid from capital in the group. At the moment the club looks essentially debt free. Though that could change n the coming days and it’s possible new charges can be filed - indicating a restructuring . No body knows for sure at the moment.
What we know at the moment is Rights and Media are out of the building, I suspect ACAP/777 as well.
Practically what that means is the clubs balance sheet is repaired, we cease being a basket case and save £1mill a week in interest payments in our debt - that’s how much our repayments were costing us.
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jerseytoffee
Player Valuation: £10m
Seems so at the moment! This will be such a game changer for the club now without having to pay all that interest
pretty sure the court case prevents it from being settled wsithout agreement from the Court...
Wouldn't let dyche choose any signing or let them rot on the bench as he has done
That goes without saying.
davek
Player Valuation: £150m
At least there'd be benefits to that: enough cash to blow Liverpool out the water. This lot cant even take our debt on.