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Wanderers Ways. Neil Thompson 1961-2021

Change Of Owner?


onlyoneawalker

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Can someone explain what Eddie means when he says he's left 15 million of loans in the club?

Maybe that is the money he has said he wants back if we get enough TV money in ?

 

But if we do go down he will write over next 5 years ?

 

 

I dunno but it might not be some evil plot.

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I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing.

 

I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will.

 

I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up.

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I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing.

 

I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will.

 

I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up.

 

 

im dead suspicious

 

just dont see how he can get anything out of it and lets not kid ourselves that hes not in it for a return

 

but im with you, lets get behind it and see if we can make it that bit easier for him to get rich

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theres an iles piece gone up with direct quotes

 

 

"I'm getting a pound up front. Anything else is earned out by what position, in which league, the club finishes every season. It's highly probabilistic, that, so there's no guarantee on it at all,” he said.

 

 

what an utter cnut

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He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one.

That's how I'm reading it, does not do anything to help the club, basically he has left 15 million of debt on the books, in Eddies world that's doing us a favour.

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eddie davis is a cunt..

 

he has left it till the last minute  then sold off as many assets as possible.

 

he is now taking back his money 

 

now wants a bonus..fuck off, i don't ever believe the debt. you cannot buy a player for x million in late twentys /early thirties and sell on for a profit , so making a loss.

 

this whole thing is trailer trash t.v in the making 

 

tax avoiding twat

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He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one.

 

ie he waives the 15 million he wanted, or 10 million, whatever, to allow the new owners to invest in running the club

 

if theyre good at it, then he gets paid

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If ED has sold all the assets then who owns the stadium, lostock etc?

 

That's got to be worth more than SS have paid added with the liabilities for the next 12 months

 

It's a shame nobody came in with enough cash to cover the whole thing and make it a clean deal but I guess they're aren't many folk out there happy to risk tens of millions on a football club

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So Eddie received just £1 for the club. The £7.5 million figure is what Sport Shield need to find to see us through until the end of this season. I presume £3 million to HMRC and the remaining £4.5 million to pay for the running costs like wages etc. That's how I see it.

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No fooker knows whats going on

 

There are a thousand unanswered questions

 

Im gonna predict that this will all end up in tears

 

These people have not come in to lose money

 

We dont even know who "these" people are

 

THat's about the size of it. Another day, another dozen questions.

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