as I see it as an exiting move away from the current model over the next couple of years. Yes, until we know for certain that it's MA buying the new shares in what is basically a Rights Issue he'll end up as the majority shareholder. As loans are sales on one of his companies balance sheets he can cash in our current loan of £65M (taken out in lieu of parachute payments) and offer the club a new one based on probably half the interest rate. That counts as income to the loaning company. He's a very successful business man so he'll have his bases covered (excuse the pun). We can then invest next years parachute payment on a rebuild of our dysfunctional squad. Presumably going forward there'll be a friendly agreement with the Socialists to gradually dilute their shareholding but with a place on the Board as long as they want it. Personally I think it's an exiting time for my club and potentially a masshussive day in our history.
Posted By: Old Splat, Feb 13, 09:57:12
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