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The Americans are coming

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Gordon Lee's Cushion said:
So he purchased 49% of the club for around £200m, then apparently has thrown another £500m or so in and now owns more than 90%. He needs £700m or so to break even and we haven’t even got on to the stadium that requires funding. And the restrictions on spending and probable player sales to attempt to balance the books on a club that loses a hundred million a year.

People are expecting him to make a massive loss, this investor/accountant. He will sit tight and bring what he promised, the stadium. Maybe then if the time is right and we are above mid table he looks to cash in, as things stand the reason the vultures are circling is because there’s a chance of a profit to be had if he takes a big loss.

Now things change somewhat if the £350m wasnt his and he’s been told it can be written off, then maybe he sells. But beware any potential owners, especially ones that are interested in a basket case of a club like ours. Any decent potential buyers wouldn’t be anywhere near us at present.
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What happens if we get relegated and are marooned in the bottom half of the championship next year ?

With his meddling/mismanagement it’s a very real possibility

Realistically how long can he hold out?
 
magicjuan said:
There's the side regarding cash flow from those who have had their cash flows 'interrupted'.
In business terms we are still attractive to a degree, we had a decent forward looking plan, built around BMD, but just employed lizards to carry it out.**

**apologies to any reading lizards
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While we have a slice of ‘attractiveness’ he won’t make a massive loss by selling cheap.
 
kenada_blue said:
Think he needs to really without Uncle Uzi.

Everyone else on the board is a carpet badger on the take. He own 95% of the club. He turfs out 30% to a bunch of people who'll throw £200mill our way, he'll take that.
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These people will attempt to hold a gun to his head, he won’t want that
 

Atleast we know he hasn't gone completely insane. Seems the penny dropped he has no idea what he is doing. And nearly every footballing decision has been a mistake year in year out.
 
Kev The Rat said:
What happens if we get relegated and are marooned in the bottom half of the championship next year ?

With his meddling/mismanagement it’s a very real possibility

Realistically how long can he hold out?
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He could cancel the stadium, sell all the valuable players and then sell the club, all things a shady buyer could do. Asset strip.
 
Death said:
Atleast we know he hasn't gone completely insane. Seems the penny dropped he has no idea what he is doing. And nearly every footballing decision has been a mistake year in year out.
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At this point he is completely insane in my view.

He’s sold the club to no one and can’t be trusted until he liquidates his entire holdings
 
Gordon Lee's Cushion said:
While we have a slice of ‘attractiveness’ he won’t make a massive loss by selling cheap.
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Depends who's loss it is. I don't think the money being pumped in is his.
Said it a couple of times, half jokingly, but looking more likely, that the club is a slush fund, some sort of money washing scheme. Any other businesses, let alone one run by a succesful accountant, would let those sort of losses carry on for so long unless there was a hidden.benefit.
It is the most unprofessional business I've ever come across and why I think there's an element of it being 'deliberate'.
 

How many US owners have made a success of things?

Ellis Short? No
Randy Lerner? No
Fulham Owner? No
Hicks and Gillett? No
FSG? lucked out on Klopp and were being hounded by their fans beforehand over a lack of investment
Glazers? No
Kroenke? No
Burnleys Owners? No

American owners would be the end of us as we'll be nothing but an asset to bleed.

Sunderland fans were made up when Ellis Short sold up (was similiar to Moshiri in spending big but making wrong decisions) and now they have owners unwilling to invest who they absolutely hate (Madrox).

People think the grass is always greener and often it isnt.

If Moshiri is to go then we need an owner willing to bankroll us not some Capitalist Yank opportunists looking for a quick buck.
 
magicjuan said:
Depends who's loss it is. I don't think the money being pumped in is his.
Said it a couple of times, half jokingly, but looking more likely, that the club is a slush fund, some sort of money washing scheme. Any other businesses, let alone one run by a succesful accountant, would let those sort of losses carry on for so long unless there was a hidden.benefit.
It is the most unprofessional business I've ever come across and why I think there's an element of it being 'deliberate'.
Click to expand...
If it is money laundering then it’s the worst ever, pumping in £700m and taking out £350m. That’s some shrinkage. But yeah, if it isn’t his money and he gets the ok to write it off then he may jump ship. Beware any new owners though, Moshiri hasn’t (as far as I am aware) set everything up on credit, if he loses then he loses. There isn’t massive debt tied to the club.
 

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