"?56million to take over" isn't an accurate representation of what the club said though.
Whether it's actually got any basis in reality or not, what they said was that it'd take ?56m to take control of the club and also put ?20m into the playing budget.
The ?56m came from the cost to purchase a controlling share plus the cost of repaying the loans (which have a clause about immediate repayment upon change on control) plus the ?20m the manager was going to get to spend on players.
But then there's a million "Yeah, buts" you can use to chisel off chunks of that ?56m - "Delia always said she'd give her shares away", "Cullum could renegotiate bank loans in his sleep" etc etc
Posted By: Arizona Bay on November 12th 2008 at 12:06:13
Message Thread
- Confoooosed (NCFC) - Old Git, Nov 12, 11:51:34
- "?56million to take over" isn't an accurate representation of what the club said though. (NCFC) - Arizona Bay, Nov 12, 12:06:13
- I can't make the story search function work on the Pink Pravda site (NCFC) - Old Git, Nov 12, 12:15:01
- Yeah, the story search on the pinkun and edp appears broken. (NCFC) - Arizona Bay, Nov 12, 12:21:49
- The Pink Pravda has turned it off to stop us finding old stories (NCFC) - Old Git, Nov 12, 12:40:24
- hare goo (NCFC) - blindasabat, Nov 12, 12:19:36
- and the statement when it all broke down (NCFC) - blindasabat, Nov 12, 12:21:57
- Thanks blinders (n/m) (NCFC) - Old Git, Nov 12, 12:43:21
- and the statement when it all broke down (NCFC) - blindasabat, Nov 12, 12:21:57
- Yeah, the story search on the pinkun and edp appears broken. (NCFC) - Arizona Bay, Nov 12, 12:21:49
- fans' transfer kitty must have close to that now (n/m) (NCFC) - harry boulders, Nov 12, 12:08:35
- Yeah, probably. I heard that they only need 10,000,000 people to set them as thier homep (NCFC) - Arizona Bay, Nov 12, 12:12:42
- With the amount of knife chucking this season, from all angles (NCFC) - Smickers, Nov 12, 12:07:46
- I can't make the story search function work on the Pink Pravda site (NCFC) - Old Git, Nov 12, 12:15:01
- and... (NCFC) - Dave in France, Nov 12, 11:56:52
- And that turned out to be a fuck up in the end (n/m) (NCFC) - harry boulders, Nov 12, 12:06:46
- "?56million to take over" isn't an accurate representation of what the club said though. (NCFC) - Arizona Bay, Nov 12, 12:06:13
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