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Wanderers Ways. Neil Thompson 1961-2021

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Posted (edited)

So £15 million split between BG and SS.

 

What's happened to the £11 million raised last week?

 

And who is paying the tax bill?

 

And how are they going to fund a million a month shortfall?

Edited by gonzo
Posted

Why would a VC get involved?

 

All joking aside

 

They are not good news. They tend to be asset strippers sent in to scavenge a business.

 

My experience of them is that they use the wrong people for the job, and certainly do not suit a football club that's in the shit with virtually no prospect of making a profit within the next 10 years.

 

Smacks of desperation.

Posted

Think Deano must be the figurehead of the consortium can't believe he had the money to own the club outright! Interesting to see what he does about NL he's been to several games and seen what we have had to watch can't see him being overly impressed with NL!

Posted

Why would a VC get involved?

I can only think of 2 things...

 

1) they fancy their chances of getting us in the Premiership and cashing in on the TV money - however were a million miles away from that on the pitch and even if we did do it in the next 5 years ED would get the TV money???

 

2) sell off the ground, lostock, car parks, Clough etc for a decent short term profit

 

Looking more like option 2 to me

Posted

I can only think of 2 things...

 

1) they fancy their chances of getting us in the Premiership and cashing in on the TV money - however were a million miles away from that on the pitch and even if we did do it in the next 5 years ED would get the TV money???

 

2) sell off the ground, lostock, car parks, Clough etc for a decent short term profit

 

Looking more like option 2 to me

 

He'll have to be fucking quick about it. Eddie's already one step ahead in that game

Posted

The statue of Nat will be torn down and there will be one of Eddie astride a rampant solid gold Unicorn in its place.

 

 

Proper made me chuckle this  :thumbsup:  Cheers .

Posted

Could be that Edwin has retained enough debt as a preferred debtor to prevent asset stripping?

I like this more than some other shit I've been reading today.

 

We'll soon find out.

 

Keep your hands inside the ride or you might die.

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