Jump to content

BREAKING NEWS - CHANSIRI LOOKING TO SECURE DEBT AGAINST HILLSBOROUGH STADIUM


Recommended Posts

Let’s not all wet the bed just yet. It’s a pretty normal practice in football apparently. We need money from somewhere to keep the club going. Not sure if you’ve noticed but our income streams are severely reduced. Im

guessing and hoping it’s to help with cash flow issues. 

  • Like 6
Link to comment
Share on other sites

2 minutes ago, @owlstalk said:



Just when you think things just cannot possibly get any worse at Sheffield Wednesday though...

 

As if Garry Monk doesn't have enough to worry about right now


Last season the threat of relegation / EFL sanctions hung over the players


Now it's this


ONE THING AFTER ANOTHER AFTER ANOTHER

This could really be upsetting the squad in a big big way

DC could easily come out and tell us his plan. But none of us have heard from him in over a year. He is ******** this club over and treating the fans as utter mugs. 

  • Like 2
  • Haha 1
Link to comment
Share on other sites

2 minutes ago, Grandad said:

Why would someone with 'Unlimited funds' pay commission on a loan that will also charge interest to buy a stadium that he's already bought?


Perhaps he has been naughty and daddy has stopped his pocket money.

  • Like 2
Link to comment
Share on other sites

1 minute ago, heppers said:


Exactly that.

 

They will register a charge against the stadium. This will be the security. If he doesn’t pay they get the stadium to sell to recover their funds.

 

What could go wrong?

Could just be a way of Chansiri saving 60m in the short term given the financial crisis the whole country and in particularly football is in.  Or perhaps this is the way round the stadium situation FFP wise. He must have had legal advice.

 

We are all just guessing this is a bad situation. It may not be as bad as it seems aslong as Chansiri remains committed to the club and makes the repayments.

  • Like 4
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...