James seriously knows nothing
"Still, it's something" ...is what Stan's wife says to him in bed every night, the absolute ****.
What a scumbag, worst day ever for our club when we were sold to him
Might have to watch The Big Short again and get back to you.Do they make finances sound complicated so the common working-class people don't know when they are being ripped off?
There's no way anyone would invest serious money in a club that has committed a financial massacre with contracts and bad investments over the last 5 years.
This was my first guess! I mastered Finances101. Now I can start ripping the working-class off!
I thought our stadium debt was paid but if it's all paid now then that's a huge for us
I'm confused why we should pay him back isn't he the owner?No, we still had very much left to play of long term loans.
Also, the debt is probably paid up by a new loan from KSE. So we will still have to pay it in the end! But maybe now the interest is a bit lower.
The stadium debt was still owed and we were due to pay service debt payments next year of 21m. Cash reserves were just over 130m i read the other week.
I'm confused why we should pay him back isn't he the owner?
Yeah so basically the club now owes the debt to KSE, i dont know if that is a good thing or not.Yeah and according to Twitter £30m+ of that was ring-fenced as part of the loan agreement. So it frees up £50m in cash (if Kroenke doesn’t take interest out of the club for the KSE loan).