Takeover

[baggie_ray]

The financial experts on here never give up. The news that we were out of cash exactly justified the need to sell players in the window and the MSD loans spent as several suggested.
The new owners are not clearing these loans, but arranging a new term of payments. Lai is going to have to await his chunk of money. This implies they're not flush with ready cash or they're going to manage the financial side of the business. No rush for promotion more a period of stability whilst a longer term plan is set up.

Thats not what I have been told.  The new owners are clearing the MSD debt in full, using “ready cash” to do so. They’re also injecting “ready cash” to provide the essential cash flow to see us through this season (and beyond).  All taken into account in how they’ve structured the payment for the shares. I also understand that it was Lai’s request to have an uplift if promotion is achieved this season or next season, hence staggering the payments to reflect whether we receive extra TV money from being promoted. 

I’m not directly ITK but I know somebody who is.

I'd have thought that the deal would have included the Peace loan and the Wisdom Smart loan being repaid to the club so that these could cover any costs for the rest of this season. Of course, in reality, this just lowers the buying price with the new owners stumping up the actual money. "Ready cash" suggests different?