03-13-2019, 05:23 PM
(03-13-2019, 08:59 AM)CA Baggie Wrote: For clarity the £170-200 million (whateve the true figure is) went to JRP and was paid by Lai.
We have t seem a penny, on the upside we haven’t been saddled with any debts by Lai. If he’s borrowed to buy us then he may want a return (maybe a dividend) to pay his borrowing costs. He may also wish to generate as much cash as he can (player sales etc) and dividend that out too to make good the shortfall in our value.
Once the parachutes have gone we’re worth what? £40m-ish in today’s market. Wolves went for £45m with little debt or ffp issues, we own the ground at least.
He can only dividend it out if there are available profits to distribute. The 2017/8 accounts are eagerly awaited!