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Kenyon bid is dead.
One of the two is meant to be Arabs/Middle East
If you read the reports the Kenyon group where in as investment , providing stadium finance. As it progressed they went balls in to buy the club.He’s in hole for £800m Minimum…So he would want that back
clearly he can’t even get £500m …let alone stadium financing (although that might actually be easier than selling the club).
my question is this. What attracted the club to the Kenyon deal above others? what was wrong with them inthe first place?
He’s in hole for £800m Minimum…So he would want that back
clearly he can’t even get £500m …let alone stadium financing (although that might actually be easier than selling the club).
my question is this. What attracted the club to the Kenyon deal above others? what was wrong with them inthe first place?
Sake lad.....Goat the hope killer100% NOT True.
Lets hope so! But have to remember that Portsmouths Fake Sheikh was billed as being some Middle Eastern giant businessmen a long with 1-2 failed buyers for RS and Newcastle over the years.
We need to go through all buyers with a fine comb regardless of their nationality.
Quite worrying that should Farhad not sell up soon we are possibly faced with him continuing to underwrite all the losses and thus his valuation will likely increase, or we face possible administration
His hope is that the sanctions get lifted.
Loans of 550m to the club, a purchase price of around 200m, plus 100m+ on the stadium.Hes in the hole for less than that.
Then he's a bigger idiot than he appears, sanctions are t going anywhere soon.
Loans of 550m to the club, a purchase price of around 200m, plus 100m+ on the stadium.
800m seems about right.
Quite worrying that should Farhad not sell up soon we are possibly faced with him continuing to underwrite all the losses and thus his valuation will likely increase, or we face possible administration
Yes. Its worrying.
There is a chance that AU gets sanctions lifted.