[ame]https://twitter.com/fabrizioromano/status/1559653097408024582[/ame]
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It’s all about the valuation of the business. The debt will be on the club in some form and will be paid back via them, might not be underwritten that way but there’s no way the debt isn’t being serviced by Chelsea. Not all PE goes well though and you wonder if they have any idea on how to run a “sports franchise”
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I also thought it was odd they went with PE backed owners rather than Radcliffe who appeared to be offering a higher valuation. Maybe in time the real structure will be uncovered in a Panama Papers type disclosure.
if it starts to go pear shaped, the PE investors will be ruthless and not be bothered about shutting it down. Maybe be by then the war in Ukraine will have played out, and RA's assets will no longer be frozen, leaving him to buy it back at a bargain price?
We are here for a good time not a long time....
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Think Barca wanted rid anyways to accommodate all the 500 players they just bought & Auba would have played second fiddle to Lewandowski so was always going to go sour. One thing is for sure, he won't work any harder than Lukaku. Interesting to see if he suits the system under Tuchel as both Lukaku & Werner have both said the system did not suit them which was blatantly obvious.
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