Who's your money on in the takeover 'battle'?

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So full equity means he isn’t loaning money to buy us?

What happens to our massive debts now?
They all disappear mate and we get to throw our weight around the premier league once more like the beginning of the Moshiri era.

Who would you like us to buy mate, we'll make sure to get him on the list...
 


Left field here but how about:

Esk is smiling as his mates have joined up with these. They get the loan to pay off the debts and the other fella pays Moshiri his money. Hence equity bid as Mosh gets all his money back. That's why his head was turned.

It also makes sense as we heard B&D wanted more partners...
 

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