THE BOARD - Kroenke, Usmanov and Finance

[northbank123]

Dein on RvP situation: http://www.skysports.com/video/inline/0 ... 76,00.html

What do we think: Fabregas/Nasri/possible RvP sagas wouldn't have happened with him at the helm or is it just an easy comment to make with no involvement?

[QuartzGooner]

BTW I Love Mr Hillwoods comeback saying there are massive penalties for early repayments of the loan .
Does anyone know any bank that wouldn't take hard cash without penalty in today's environment????
Any deal can be renegotiated and I'm very sure they would love some cashback right now !

I think what Hill-Wood is referring to is the original stadium loan which was re financed into two bonds of better interest rates for the club, one which was short term, the other a long term bond with repayments until 2031.
He is correct in saying that the terms of the bonds had harsh early repayment penalties, but as you say, worth a try to renegotiate them again.
But failing that, I think we are simply seeing the club save up the balance of the outstanding debt in our accounts before we will embark on any serious player purchases without balancing them out by player sales.

[highburyJD]

David Dein loves David Dein,but I grant you he has more ambition for the club than the currant custodians !

Risdale had loads of ambition for Leeds

I'd rather be run by good businessmen than eejit fans (obv genius, millionaire fans would be perfect)

so far none of the billionaire benfactors have disappeared
wouldn't be a big surprise if the Arabspring becomes an Arab decade and we see the end of MiddleEastern Monarchies
what would happen to a football club with a wagebill higher than its turnover?
that kind of structural deficit combined with long term contracts and the (insane) football creditor rule would inevitably result in a winding up order...

[the playing mantis]

hardly think the uae will be effected. most of the population are migrants from the subcontinent and the majority of the indigenous populations are well off. arab spring (or as it should be put; the rise of potentially islamist regimes in place of stable secularish dictators) will never occur in the emirati states or saudi. the city arabs are here to stay.

[augie]

David Dein loves David Dein,but I grant you he has more ambition for the club than the currant custodians !

Risdale had loads of ambition for Leeds

I'd rather be run by good businessmen than eejit fans (obv genius, millionaire fans would be perfect)

so far none of the billionaire benfactors have disappeared
wouldn't be a big surprise if the Arabspring becomes an Arab decade and we see the end of MiddleEastern Monarchies
what would happen to a football club with a wagebill higher than its turnover?
that kind of structural deficit combined with long term contracts and the (insane) football creditor rule would inevitably result in a winding up order...

Are you comparing DD with eejit fans and Peter risdale ??
Seriously DD was the driving force behind the club prior to the stadium move and I didn't see the club falling apart did you ?

The thing about financial prudence really gets on my tits sometimes - the club as it currently runs, has an astronomical wage bill especially when you factor in the real lack of proven quality in the squad so are you saying that under DD or anybody else our wage bill would go out of control even worse ? As far as I am concerned when the club talk about being financially prudent what they really mean is that we won't pay the transfer fee's but paying out big wages is ok

[Herd]

David Dein loves David Dein,but I grant you he has more ambition for the club than the currant custodians !

Risdale had loads of ambition for Leeds

I'd rather be run by good businessmen than eejit fans (obv genius, millionaire fans would be perfect)

so far none of the billionaire benfactors have disappeared
wouldn't be a big surprise if the Arabspring becomes an Arab decade and we see the end of MiddleEastern Monarchies
what would happen to a football club with a wagebill higher than its turnover?
that kind of structural deficit combined with long term contracts and the (insane) football creditor rule would inevitably result in a winding up order...

How pissed were u when u wrote this drivel !

[brazilianGOONER]

Herd,

I can swing both ways mate

i'm sure this must not only be funny and ambiguous in portuguese

[Top Londoner]

JD Says,
"wouldn't be a big surprise if the Arabspring becomes an Arab decade and we see the end of MiddleEastern Monarchies
what would happen to a football club with a wagebill higher than its turnover?
that kind of structural deficit combined with long term contracts and the (insane) football creditor rule would inevitably result in a winding up order..."


Imo JD, that is not stretching the imagination. Also the ramifications for the thoroughbred horseracing industry would be significant too.

[Herd]

Herd,

I can swing both ways mate

i'm sure this must not only be funny and ambiguous in portuguese

And in Brazil perfectly normal !

[DB10GOONER]

Herd,

I can swing both ways mate

i'm sure this must not only be funny and ambiguous in portuguese

Yeah, it was just too easy to rip the piss out of!

[tenementfunster5]

As fans we have no idea what happens behind closed doors. Are the board offering Wenger money and he is just being stubborn about his valuation of players. If so is Wenger right to do so? Or is it that Wenger is tied down to a very small budget to try and achieve miracles. Will another manager be more likely to spend the Money available or would Wenger be more assertive given the extra money from a takeover?
All we want is to be back at the top. Selling our best players every summer is not the way forward.

[augie]

Tenth highest in the list of most valuable sports clubs/franchises in the world with only 3 footie teams (manure,real Madrid and barca) above us. I don't see the free spending clubs reading, fulham, wigan (all spent more than us in past 5 seasons) mentioned at all though - imagine how powerful those clubs would be if they had 2 multi billionaire owners like we do eh

[Herd]

Augie this is why Stan aint going nowhere unless he gets large sums of dosh !

The Asian market is boosting the TV rights which he owns already outright and why he will stay at the club !

We are a franchise and a valuable one at that.

Results on the field means nothing !

[flash gunner]

Augie this is why Stan aint going nowhere unless he gets large sums of dosh !

The Asian market is boosting the TV rights which he owns already outright and why he will stay at the club !

We are a franchise and a valuable one at that.

Results on the field means nothing !

Do they mean nothing Herd? Surely we are only a valuble 'franchise' if we are successful. Our meaning of success differs from the clubs who seem to cherish the top 4 but still we have to be there for interest abroad (for example) dont we?

[potter]

The problem with having two billionaires in our shareholding is that the one with the disposable assets is impotent and cannot influence anything and that the other , the choice of Mr Fiszman is unwilling to put up any cash to improve the results on the pitch. He considers those to be secondary to the results on the balance sheet which are doing quite nicely.

Our old shareholding board members chose to take the money with the carrot of keeping their positions over the possibly of moving over and enabling the club to go forward on the pitch.