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  1. Bedfordspurs

    ENIC

    That does align with the figure I remember of about £350m owed
  2. Bedfordspurs

    ENIC

    That would account for £900m on transfer debt… that doesn’t make sense and doesn’t align with the high level reporting of the finances Although I can see it there
  3. Bedfordspurs

    Another shooting in Murica

    I saw an American comment on social media the other day … How do you guys in Europe protect yourself without guns… the best answer was there is a fudging great big bit of water between us and America that helps
  4. Bedfordspurs

    ENIC

    That extra revenue if we won CL would be about £70m The league another £50m
  5. Bedfordspurs

    ENIC

    Maybe that was the final kicker
  6. Bedfordspurs

    Daniel Levy - Former Chairman

    Be good to hear that pod as I’ve exhausted my collection this week And don’t forget city and Chelsea are multi club models now so likely need a lot more managers
  7. Bedfordspurs

    ENIC

    Again we will see Will be interesting where Chelsea book the revenue from the club wc I did hear a pod a few months back talking about the 2 transfer windows Post season and pre season this year causing money movement, and it’s when I said on here that Pool will do some big things. Worryingly I...
  8. Bedfordspurs

    ENIC

    That’s £800m plus the stadium debt?? That can’t be right
  9. Bedfordspurs

    ENIC

    I agree on the valuation. It’s why I think no one has ever got past the asking price stage Don’t forget though the stadium is only a value as a stadium and that also £600 in debt as an asset At least the training complex could in theory be used for something else I doubt our TO will be...
  10. Bedfordspurs

    ENIC

    I was just responding that what you said And to be clear I’m saying what I’ve always said The valuation is nuts and makes no sense unless it’s a country buying us And the Lewis’s ain’t investing anything in the club, that’s clear today (amazing it all become more public after vinais interview)...
  11. Bedfordspurs

    ENIC

    Yeah I get all that I’ve done some M&A before But that model works when you actually pay off debt before hand and I’m not sure why it’s a multiple of 20… As far as I can recall we haven’t paid any debt off, just interest on the stadium debt With That last figure you also have to add on the...
  12. Bedfordspurs

    ENIC

    Look at the fees paid Only one of them even as a collective had paid over £B and that was for a distressed sale which makes it even more daft So far they are an additional £B plus in debt too through Blue Co Radcliffe is already cutting costs before doing whatever his plan is Usmanov and...
  13. Bedfordspurs

    ENIC

    A group of £b would be mad But then…
  14. Bedfordspurs

    ENIC

    £4B is a lot to money for a billionaire These rich guys tend to look after their money Unless it’s a country of course
  15. Bedfordspurs

    ENIC

    I’d live someone to explain to me how these football club valuations are made Can never fathom how an entity that doesn’t make money and has a debt that’s about 150 of its turnover can be valued around 8 times its turnover
  16. Bedfordspurs

    ENIC

    Let’s see
  17. Bedfordspurs

    ENIC

    They sold long term earnings too That’s even more scary
  18. Bedfordspurs

    ENIC

    IMO the only indication it gives is the owners aren’t putting money in That’s all The debt is a club debt not an ENIC one
  19. Bedfordspurs

    ENIC

    100% As I’ve said loads, the naive fan base will lap it up as money in but all super short term and IMO clearly to cover costs (transfer debt is my guess) It’s business but as you say, it’s less money to spend and also is typically at huge rates like a bridging loan I’ve used bridging finance...
  20. Bedfordspurs

    ENIC

    Trying hard to resist commenting but…. Nah fudge it This is exactly the case imo They have no intent or ability to bring cash in without liquidating assets… rich people don’t like doing that IMO (@Finney Is Back thoughts?) So they either borrow against the asset or find money down a sofa
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