The Takeover (again)

Quoted from GollyGTFC

I didn't say that at all. I said that only a moron would use his own money to buy a business that will never make a profit for them.

Banks are only too pleased to offer loans at huge annual interest rates to wealthy people like the Glazers to buy football clubs. Why wouldn't they. Easy profits for them.

I may have misunderstood your outburst about morons and cash but you definitely did say 'and is in this case' .So do you have inside information?

Quoted from GollyGTFC

Oh and if you want detailed knowledge on Derby County and their financial matters can I point you to the excellent "Price of Football" podcast presented by Crystal Palace supporting comedian Kevin Day with University of Liverpool football finance expert & Brighton fan Kieran Maguire.

Derby County and their dubious financial issues are constantly the topic of discussion.

If you care to recall that this thread is about 'The Takeover etc.', ours. Derby County just happen to be the club the BBC wrote about appertaining their problems with their take over by Sheik Khaled. This, to me, illustrated what might go wrong and I was merely mentioning the subject when you decided to have pop for no reason whatsoever.

So to ask you again do have inside information about the Derby take over or not.

PS. I have the slightest interest in Derby County and do not want detailed knowledge of them

Quoted from pen penfras

It can't be easy to get a leveraged buy out for a football club. With the exception of a few clubs, they don't make money. Why take the risk of loaning money to a business that doesn't make a profit. Especially when your money is low down the pecking order for getting it back from administrators if it goes mammaries up

Because the loan is secured against fixed assets. I.e. the clubs stadium and training ground.

Using the Derby County example. Pride Park is valued at £81m if you believe their current order or £49m if you believe the EFL.

It’s the same way that if you default on your mortgage then bank take control of your house.

If Derby’s perspective owner defaults on loan or interest repayments then the bank will take control of Pride Park.

It’s all very simple.

Quoted from DB

If you care to recall that this thread is about 'The Takeover etc.', ours. Derby County just happen to be the club the BBC wrote about appertaining their problems with their take over by Sheik Khaled. This, to me, illustrated what might go wrong and I was merely mentioning the subject when you decided to have pop for no reason whatsoever.

So to ask you again do have inside information about the Derby take over or not.

PS. I have the slightest interest in Derby County and do not want detailed knowledge of them

The information is all out there in public. I even told you about a fantastic podcast that goes into football finance in forensic detail. Listen to that series and you’ll get a great insight into football finance.

Golly the football finance expert

Quoted from realist

Golly the football finance expert

I never said that you sad little person.

What I am an expert in is not posting about stuff that I know nothing about. Because it would make me look like a moron when that complete lack of even basic knowledge is exposed by a fellow forum user.

Quoted from GollyGTFC

The information is all out there in public. I even told you about a fantastic podcast that goes into football finance in forensic detail. Listen to that series and you’ll get a great insight into football finance.

You didn't read what I said ' I have not the slightest interest in Derby County and do not want detailed knowledge of them'. How hard was that for you to understand. However what I am interested in is what you said 'Alternative funding could (and is in this case) be having finance'.

If you got this 'and is in this case' from your podcast then tell the BBC about it because they don't know. Or as I suggested to you do you know more about  Sheik Khaled and his finances than his trusted advisers.
You seem to be trying to deflect my questions with statements of no interest to me and your wiggle room for straight answer is diminishing. So let me make it very clear once again:-

Do you have the actual facts that ' (and is in this case)' is a true statement of the financial affairs of Sheik Khaled.  Yes or NO?

Simple question one answer please?

Quoted from DB

You didn't read what I said ' I have not the slightest interest in Derby County and do not want detailed knowledge of them'. How hard was that for you to understand. However what I am interested in is what you said 'Alternative funding could (and is in this case) be having finance'.

If you got this 'and is in this case' from your podcast then tell the BBC about it because they don't know. Or as I suggested to you do you know more about  Sheik Khaled and his finances than his trusted advisers.
You seem to be trying to deflect my questions with statements of no interest to me and your wiggle room for straight answer is diminishing. So let me make it very clear once again:-

Do you have the actual facts that ' (and is in this case)' is a true statement of the financial affairs of Sheik Khaled.  Yes or NO?

Simple question one answer please?

DB, you're getting into another shitstorm here, I know how passionate you are about GTFC, Christ we've had our run ins, if I were you rather than get into arguements that are nothing to do with our great club, let sleeping dogs lie and get back on your positivity horse..

Quoted from DB

You didn't read what I said ' I have not the slightest interest in Derby County and do not want detailed knowledge of them'. How hard was that for you to understand. However what I am interested in is what you said 'Alternative funding could (and is in this case) be having finance'.

If you got this 'and is in this case' from your podcast then tell the BBC about it because they don't know. Or as I suggested to you do you know more about  Sheik Khaled and his finances than his trusted advisers.
You seem to be trying to deflect my questions with statements of no interest to me and your wiggle room for straight answer is diminishing. So let me make it very clear once again:-

Do you have the actual facts that ' (and is in this case)' is a true statement of the financial affairs of Sheik Khaled.  Yes or NO?

Simple question one answer please?

Have a day off.

Quoted from Northbank Mariner

DB, you're getting into another shitstorm here, I know how passionate you are about GTFC, Christ we've had our run ins, if I were you rather than get into arguements that are nothing to do with our great club, let sleeping dogs lie and get back on your positivity horse..

Thank you for your concern. I'm quite happy to let sleeping DOGS lie, just I don't like being popped at for no reason. Here's to tonight and a victory