12-27-2023, 02:48 PM
(This post was last modified: 12-27-2023, 03:01 PM by Fulham Fallout.)
(12-22-2023, 03:47 PM)Bob Fossil Wrote: As Fulham keeps kindly pointing out, with no hint of condescension or arrogance, a lot of this is beyond plebs like me but, what I glean from his expert analysis is that, even if our new owner is the richest bloke on the planet, it is irrelevant, as FFP is going to screw us anyway and the fire sale is inevitable. We may as well, therefore, end this thread and come back in February.
What's everybody having for tea.
I missed this post.
I was referring to Prag's post, which was a post replying to a post from Kit Kat C. Both of these posters have backgrounds in finance. Prag's post contained numerous financial jargon which I felt the majority of people who don't have a background in finance, would naturally struggle to understand. My post wasn't intended to be condescending or arrogant, but a realistic assumption. The same as I wouldn't understand any professional / expert talking about their area of specialism that I was unfamiliar with (Lawyers / Doctors / Motor mechanics etc).
The new owners could after taking over the club, lend the club funds at a low (or zero interest rate) or have a rights share issue and use these funds to repay the MSD loan in order to reduce the high interest charges which will impact FFP.
The new owners could, insist the loans that were made by the club (Baldies original and Lai's subsequent ones) are re-paid as part of the deal. This again would benefit us from a FFP position.
