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BREAKING NEWS - CHANSIRI LOOKING TO SECURE DEBT AGAINST HILLSBOROUGH STADIUM


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1 minute ago, Costello 77 said:

I know you're a high flyer from what you've told us.

But surely you only borrow money to expand?

Also in my business dealings there was a credit rating to consider that wasn't very different to the high street banks'.


maybe he’s just doing it so he can splash the cash before the window closes 😉

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7 minutes ago, Nero said:

Virtually every business borrows money. Its the basis of capitalism.

I dont want to be harsh but if people dont understand things like this they aren't going to be able to understand more complex financial transactions and why they might be an advantage in the short term.

 

Nowt wrong with borrowing, its the paying back

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4 minutes ago, Nero said:

Virtually every business borrows money. Its the basis of capitalism.

I dont want to be harsh but if people dont understand things like this they aren't going to be able to understand more complex financial transactions and why they might be an advantage in the short term.

 

I understand all of that, I work in finance. We all borrow. And done lend, generally for profit. 
 

Second charge / secured lending isn’t anything new to most.

 

But how short is this term you are referring to. I’m genuinely interested- what’s the pay off. 

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1 minute ago, WalthamOwl said:


maybe he’s just doing it so he can splash the cash before the window closes 😉

You don't normally use fixed assets to leverage debt for a spending spree but I suppose it's quite possible.

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Hmmmm, this offically make me nervous. Securing a loan against the stadium that you sold to yourself, yeah not great that. 

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30 minutes ago, Uncle Mort AMB said:

I'am holding fire the last time i took a dump on the bedroom fan , it turned out Milan had mortgaged the ground for just 

£2 million FFS.

You should have made your move then Morty ...

Gonna cost you upwards of 150 million now... 

 

 

 

 

Plus interest.....

 

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If you ever took out a consolidation loan at a lower apr to pay off debts on a higher apr then that’s what dc has done ? Saving himself money in the long run ? The the view of someone on Twitter that makes sense to me hopefully 😳

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46 minutes ago, Sergeant Tibbs said:
14 minutes ago, billyblack said:

Nowt wrong with borrowing, its the paying back

 

Ok isn't that what United did ?

 

 

Edited by daveyboy66
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1 minute ago, papalazarowl said:

DC is worth £520M......Be Reet!!!! 

 


The Royston Vasey Gazzette is a questionable source...... lol

  • Haha 5
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