So in 2007

The purchaser acquired the Norwich Union debt, and hoped to make a return by getting into the Premier League.

Whereas in 2021 the purchaser has acquired the Norwich Union debt, and hopes to make a return by getting into the Premier League.

What could possibly go wrong?

Posted By: Winged Eel Creosote on April 7th 2021 at 11:35:31

Message Thread

Binners have been taken over. Adios Marcus 👋 (n/m) (Other Football) - Azteca, Apr 7, 11:16:14
- Are there any examples American ownership of a Prem / EFL club translating into improved (Other Football) - NxNW, Apr 7, 12:13:40
  - Liverpool probably best example (n/m) (Other Football) - Knitted Jesus, Apr 7, 12:15:17
    - Oh yes, mind you that was at the second time of asking (n/m) (Other Football) - NxNW, Apr 7, 12:17:51
- So in 2007 (Other Football) - Winged Eel Creosote, Apr 7, 11:35:31
- Pension Fund will need a return on their investment, (Other Football) - canary_wharf, Apr 7, 11:35:02
  - So that will be say £3m + £2m + £0.50. (n/m) (Other Football) - Kar1, Apr 7, 11:54:44
  - 1. Sell the training ground, 2. sell the land next to the ground, 3. sell all the players (n/m) (Other Football) - BSE Canary, Apr 7, 11:37:46
- So Evans just writes off 60+ million worth of debt, just like that (n/m) (Other Football) - BSE Canary, Apr 7, 11:33:30
  - Where did you get the £60 mill figure from? (Other Football) - KentonCanary, Apr 7, 11:42:38
    - I was always under the impression the debt was over 100 million (Other Football) - BSE Canary, Apr 7, 11:49:05
      - I though it was around £105m plus this years’s losses (n/m) (Other Football) - Kar1, Apr 7, 11:56:14
  - Seems like he is a genuine fan (Other Football) - ede, Apr 7, 11:38:30
- Still dont see how an investment group hopes to make money from it (Other Football) - ede, Apr 7, 11:28:50
- Crikey, I'd be a blend of excited and nervous if I was a scummer (Other Football) - SimonOTBC, Apr 7, 11:23:08
  - There is only one way they’ll see a return (Other Football) - Duck, Apr 7, 11:39:16
    - They can't even really go for long term youth development (Other Football) - ede, Apr 7, 11:41:52
    - Even if they do get to the Premiership, it won't be much of a return on the funds they'll (Other Football) - BSE Canary, Apr 7, 11:41:34
      - Quite (Other Football) - Duck, Apr 7, 11:47:26
  - I'd be even more nervous if my pension was tied up in the Arizona fund (Other Football) - camcan, Apr 7, 11:27:38
    - Haha! It's another situation where there is surely only a limited amount of cash (Other Football) - SimonOTBC, Apr 7, 11:31:08

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