Re: Merged Topics: Club Refinance Thread
[quote author=Sheik Yerbouti link=topic=41783.msg1177094#msg1177094 date=1284886340]
Am I missing something here? He could borrow money off the Queen of fucking Sheeba for all it matters but if the Board feels it would be to the detriment of the club then they can tell him to do one.
[/quote]
I think this will end up in some kind of legal battle over the club and (ultimately) money, who pays what and how much.
I don't believe G&H are that thick that they pushed refused bid after bid after bid in the hope of making millions on the club knowing they would be unlikely to re-finance come October, its a very very risky game to play and knowing they have sold their other sports franchises I think if they had a decent bid they would have sold. They obviously won't let the club go and like Vlad mentions they will do what they can to keep hold of the club, in the end though they might have a move to make.
The board do have the power to block stupidity from G&H, and it isn't a case of simply sacking them as some people have suggested. If we have learnt anything over the past few years of speculation re takeover then its that the absolutely majority of what is printed is B.S (I suppose we should really know all this anyway).
We just need to chill out, come Oct 6th things will be a little clearer I don't think anything will be resolved then as things will probably get worse but we will have a better understanding from official sources not listening to BS from the papers or some random posting S**T on a football forum.
[quote author=Sheik Yerbouti link=topic=41783.msg1177094#msg1177094 date=1284886340]
Am I missing something here? He could borrow money off the Queen of fucking Sheeba for all it matters but if the Board feels it would be to the detriment of the club then they can tell him to do one.
[/quote]
I think this will end up in some kind of legal battle over the club and (ultimately) money, who pays what and how much.
I don't believe G&H are that thick that they pushed refused bid after bid after bid in the hope of making millions on the club knowing they would be unlikely to re-finance come October, its a very very risky game to play and knowing they have sold their other sports franchises I think if they had a decent bid they would have sold. They obviously won't let the club go and like Vlad mentions they will do what they can to keep hold of the club, in the end though they might have a move to make.
The board do have the power to block stupidity from G&H, and it isn't a case of simply sacking them as some people have suggested. If we have learnt anything over the past few years of speculation re takeover then its that the absolutely majority of what is printed is B.S (I suppose we should really know all this anyway).
We just need to chill out, come Oct 6th things will be a little clearer I don't think anything will be resolved then as things will probably get worse but we will have a better understanding from official sources not listening to BS from the papers or some random posting S**T on a football forum.