GrumpyBlue
Player Valuation: £8m
Oh happy day. Even for me. Get dafuq in.
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Unlikley but LCC will have done their due dilligince.
There will be clauses that ensure LCC get paid, what they are is anyones guess.
Lawnmower repossesion would be my first thought
RAWK is an absolute joy to read this morning. Discussions between Dwayne from Essex and Julian from Dorset about Joe Anderson ruining the city; absolute whoppers who have never set foot in this city just to jump on the bandwagon.
Take this back to RAWK - swivel
Done and Done . Ta xPM me your e-mail address mate, loads of attachments.
I could be wrong but I thought the majority of production was for pellets and pig iron??
Would be good if they did, but then whoever the structural engineers are will have to be willing to use it rather than its own suppliers.
That whole shower of shhh is a parody of an actual newspaperJust watched that weird thing on the echo website, plonking random stadiums from around the world on google map image of Bramley Moore, pretty sure it was a Brass Eye style parody.
We await detail on who pays what to whom. It's great that things are taking shape and there appears to be harmony and now partnership with the local state we've been bumping heads with for so long. But when the dust settles on this apparent funding package a number of major issues are going to emerge, and we better be ready for them:
1/ The inevitable furore over a city council that has made £400M worth of cuts exposing itself to almost as much again for the sake of a privately owned football club.
2/ (relatedly) The spotlight will fall on Moshiri as a very wealthy man fire-walling himself from any financial fall out if it all went wrong and leaving public institutions with the onerous task of paying back banks.
3/ (again relatedly) The impact on the club given the massive amount of borrowing if it should fail and its inability to pay back the debt without losing its home - or control over it (see Coventry a few years back when they ended up as tenants and eventually turfed out).
4/ The very real probability, given the two points above, of opposition and an inquiry (and, regardless of Anderson's clout, the possibility of objections at council level).
5/ The figure of £350M looks like rock bottom and will over the course of the project, should it go forward, WILL rise again and again - thus multiplying the dangers of other points made so far.
Today and the announced plan = easy bit.
Tomorrow - the firestorm of awkward questions and publicity.
don't know about that...but safe to say it will be a significantly lower rate then if we just went straight to the bank!Interesting, so what are we paying on the loan itself?
We await detail on who pays what to whom. It's great that things are taking shape and there appears to be harmony and now partnership with the local state we've been bumping heads with for so long. But when the dust settles on this apparent funding package a number of major issues are going to emerge, and we better be ready for them:
1/ The inevitable furore over a city council that has made £400M worth of cuts exposing itself to almost as much again for the sake of a privately owned football club.
2/ (relatedly) The spotlight will fall on Moshiri as a very wealthy man fire-walling himself from any financial fall out if it all went wrong and leaving public institutions with the onerous task of paying back banks.
3/ (again relatedly) The impact on the club given the massive amount of borrowing if it should fail and its inability to pay back the debt without losing its home - or control over it (see Coventry a few years back when they ended up as tenants and eventually turfed out).
4/ The very real probability, given the two points above, of opposition and an inquiry (and, regardless of Anderson's clout, the possibility of objections at council level).
5/ The figure of £350M looks like rock bottom and will over the course of the project, should it go forward, WILL rise again and again - thus multiplying the dangers of other points made so far.
Today and the announced plan = easy bit.
Tomorrow - the firestorm of awkward questions and publicity.