The Ips**t deal.

So I did some digging using the little bits of info and rooooomers that are out there.
It doesn't look great.
Looks like a medium term flip based on the fact crowds and revenues will be back by the end of the year.
I think they see value because clearly it's a distressed and badly run business but does have the potential to attract 20k plus crowds.
They are def getting a bargain price and might actually be self financing. (Using the clubs income to pay for the purchase!)

To be honest it looks a s**tty deal but the alternative is ME calls in his loans and does a fire sale.
I don't think this helps the club in the long term untill they can get real owners in who are willing to invest.

Posted By: usacanary on February 27th 2021 at 15:21:32

Message Thread

The Ipshit deal. (Other Football) - usacanary, Feb 27, 15:21:32
- I wonder how much they will need to put in to cover this yearlosses (n/m) (Other Football) - Kar1, Feb 27, 15:44:20
  - And sacking lambert and his team, plus financing next year and new players (n/m) (Other Football) - Kar1, Feb 27, 15:45:19
    - That's the trick. It's what we did in LG1 and close to admin. (Other Football) - usacanary, Feb 27, 15:52:13
      - Well they need to sort themselves out pretty soon... I miss us beating them (n/m) (Other Football) - promethian1, Feb 27, 16:00:36
- How strict are pension funds governed / regulated over there? (Other Football) - Azteca, Feb 27, 15:27:28
  - It's the hedge funds. (Other Football) - usacanary, Feb 27, 15:47:21

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