daveyboy66 Posted October 6, 2020 Share Posted October 6, 2020 3 minutes ago, billyblack said: Which united? Them across the city... took out a mortgage on the ground when they got promotion Link to comment Share on other sites More sharing options...
Guest mkowl Posted October 6, 2020 Share Posted October 6, 2020 Not a major company Company allegedly loaning money is hardly huge Link to comment Share on other sites More sharing options...
Guest mkowl Posted October 6, 2020 Share Posted October 6, 2020 80k of net assets at March 19 Link to comment Share on other sites More sharing options...
Morepork Posted October 6, 2020 Share Posted October 6, 2020 (edited) 5 minutes ago, daveyboy66 said: Them across the city... took out a mortgage on the ground when they got promotion In the knowledge that their income was about to go through the roof. I totally accept there could be a logical explanation for this but it’s not a comparable situation to United’s by any stretch. Edited October 6, 2020 by Morepork 3 Link to comment Share on other sites More sharing options...
ChinaOwl Posted October 6, 2020 Share Posted October 6, 2020 3 minutes ago, mkowl said: 80k of net assets at March 19 80K of assets in Walton-on-Thames? The avaerage value of a property down there must be north of a million! 1 Link to comment Share on other sites More sharing options...
sherlyegg Posted October 6, 2020 Share Posted October 6, 2020 2 minutes ago, Morepork said: but it’s not a comparable situation to United’s by any stretch. Exactly, them dirty shyteforbrains went with wonga, no other fooooker wouldn't lend em owt. 1 Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted October 6, 2020 Share Posted October 6, 2020 https://www.thestar.co.uk/sport/football/sheffield-wednesday/whats-actually-happened-dejphon-chansiri-seeks-secure-debt-against-sheffield-wednesdays-hillsborough-stadium-2995088 Link to comment Share on other sites More sharing options...
Nero Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, Inspector Lestrade said: https://www.thestar.co.uk/sport/football/sheffield-wednesday/whats-actually-happened-dejphon-chansiri-seeks-secure-debt-against-sheffield-wednesdays-hillsborough-stadium-2995088 Think the Star is pretty much saying the same thing i have. Its either an equity release for short term liquidity due to the pandemic or a mortgage on the ground for extra cash. Its not the crisis that some would seem to like it to be. 2 3 Link to comment Share on other sites More sharing options...
Guest mkowl Posted October 6, 2020 Share Posted October 6, 2020 8 minutes ago, Morepork said: In the knowledge that their income was about to go through the roof. I totally accept there could be a logical explanation for this but it’s not a comparable situation to United’s by any stretch. Utd are in deep poo if they got relegated. They have hawked future TV revenues and presumably the transfer fees are due in instalments Link to comment Share on other sites More sharing options...
sonofbert2 Posted October 6, 2020 Share Posted October 6, 2020 5 minutes ago, Inspector Lestrade said: https://www.thestar.co.uk/sport/football/sheffield-wednesday/whats-actually-happened-dejphon-chansiri-seeks-secure-debt-against-sheffield-wednesdays-hillsborough-stadium-2995088 That’s that then. Usual drama queens and Anti-Chansiri mob sharpening their pitchforks and lighting their torches for the best chairman this club will ever have. 1 2 3 Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted October 6, 2020 Share Posted October 6, 2020 Just now, sonofbert2 said: That’s that then. Usual drama queens and Anti-Chansiri mob sharpening their pitchforks and lighting their torches for the best chairman this club will ever have. Yeah as usual I have had to sort it all out. Close the thread. Link to comment Share on other sites More sharing options...
GMOwl72 Posted October 6, 2020 Share Posted October 6, 2020 (edited) Homeless by the end of the season! Edited October 6, 2020 by GMOwl72 4 Link to comment Share on other sites More sharing options...
Guest mkowl Posted October 6, 2020 Share Posted October 6, 2020 6 minutes ago, Nero said: Think the Star is pretty much saying the same thing i have. Its either an equity release for short term liquidity due to the pandemic or a mortgage on the ground for extra cash. Its not the crisis that some would seem to like it to be. Not a crisis - just very indicative of what some of us have thought for a few years now about available liquidity. Could mean nothing Could be jumping on to a slippery slope Link to comment Share on other sites More sharing options...
Morepork Posted October 6, 2020 Share Posted October 6, 2020 (edited) I don’t think we know enough to hit the panic button. But, anyone suggesting there is no basis for concern is flat out crazy. The financial mismanagement at our club under DC is evidenced by where we find ourselves this season. Even in the event that the loan was the correct thing to do i’d still fully expect us to f@ck up that process somehow. Edited October 6, 2020 by Morepork 3 1 Link to comment Share on other sites More sharing options...
agentwalker Posted October 6, 2020 Share Posted October 6, 2020 Been through the thread and still no fecking clue as to what's happening 1 Link to comment Share on other sites More sharing options...
Sefton owl Posted October 6, 2020 Share Posted October 6, 2020 4 hours ago, vulva said: That’s the very least of our concerns tbh. Why? Link to comment Share on other sites More sharing options...
CalmJimmers Posted October 6, 2020 Share Posted October 6, 2020 14 minutes ago, Nero said: Think the Star is pretty much saying the same thing i have. Its either an equity release for short term liquidity due to the pandemic or a mortgage on the ground for extra cash. Its not the crisis that some would seem to like it to be. Don't pour water over a good panic ffs. Link to comment Share on other sites More sharing options...
billyblack Posted October 6, 2020 Share Posted October 6, 2020 13 minutes ago, sonofbert2 said: That’s that then. Usual drama queens and Anti-Chansiri mob sharpening their pitchforks and lighting their torches for the best chairman this club will ever have. No idea how anyone can think this guy is a good chairman 2 Link to comment Share on other sites More sharing options...
Morepork Posted October 6, 2020 Share Posted October 6, 2020 At least the Google algorithms are working and the ad revenue is secure...... 2 Link to comment Share on other sites More sharing options...
Costello 77 Posted October 6, 2020 Share Posted October 6, 2020 12 minutes ago, Nero said: Think the Star is pretty much saying the same thing i have. Its either an equity release for short term liquidity due to the pandemic or a mortgage on the ground for extra cash. Its not the crisis that some would seem to like it to be. I don't think it's a crisis either. The two things you highlight suggest what I said earlier.. that the outside investment (backers) is over. Link to comment Share on other sites More sharing options...
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