Originally posted by DJS
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DIC latest - the largely wild speculation thread
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The stadium funding stands outside of the general funding as it pays for itself, at least that’s the idea. The differential increase from 44,000 to 70,000, or whatever the capacity will be, must be enough to pay for the ‘new build’ or else why bother?Originally posted by carlton View PostEven more money has to be borrowed for the stadium if it ever gets built, the club will soon be in 400 million pounds worth of debt maybe even more. I wouldnt put it past this cun* to reintroduce groundshare.Worrying is like a rocking chair, it gives you something to do but does not actually get you anywhere.
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Could it be that Hicks ain't as poor as we've been led to believe, and the reason that the refinancing took so long was that it was Gillett, not Hicks who was unable to raise the necessaries to appease the banks (wasn't it 50 million or something of their own money required each, and Gillett may have been unable to raise it, or unwilling as he wanted out?) We all know that Gillett is the poor man out of the two after all.
Edit: Quick question..."I tried, but i failed"? Is that a common comment under a poster who's just reached the magical 100 posts, or have i got my own little slogan based on a comment about a failed joke i made ages ago? Either way, i like it. Can i keep it please??Last edited by Scratch; 04-03-08, 10:52 AM.
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But if the money has come from selling equity in Hicks Sports or whatever its called he has diluted his own holdings. So if he has sold equity, even privately, wouldnt he have been obliged to offer GG first go?Originally posted by DJS View PostFair point. He must have some seriously high credit score, let's just put it that way
"I watched the Champions League quarter-finals and the way they crushed Arsenal. Only the greatest and the best can play such a match.
The Future is Red!
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I agree with that, I have seen nothing to suggest that Hicks is in anyway 'poor'. Just because you borrow to the hilt against businesses does not mean you don't personally have a "pot to piss in". Borrowing can be done for many many reasons, not least being big tax advantages.Originally posted by scratch View PostCould it be that Hicks ain't as poor as we've been led to believe, and the reason that the refinancing took so long was that it was Gillett, not Hicks who was unable to raise the necessaries to appease the banks (wasn't it 50 million or something of their own money required each, and Gillett may have been unable to raise it, or unwilling as he wanted out?) We all know that Gillett is the poor man out of the two after all.
Edit: Quick question..."I tried, but i failed"? Is that a common comment under a poster who's just reached the magical 100 posts, or have i got my own little slogan based on a comment about a failed joke i made ages ago? Either way, i like it. Can i keep it please??Last edited by Steve001; 04-03-08, 10:58 AM.Worrying is like a rocking chair, it gives you something to do but does not actually get you anywhere.
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