DIC latest - the largely wild speculation thread

[kurtangle01]

but has he got the money?

and can he refinance in 18 months?

and also take up the 300 mill loan for the stadium?

and will GG want to sell to him?

That's the thing here. If he borrows more money, be it from associates of himself or through yet more bank loans, where does the money come for the new ground?

That new stadium will never become a reality at this rate.

[kopdan]

you should really know if you know anything about football......yeah DAN......!!!!!

he got me there Steve. My opinion is wrong therefore i'm not a football fan

[kopdan]

That's the thing here. If he borrows more money, be it from associates of himself or through yet more bank loans, where does the money come for the new ground?

That new stadium will never become a reality at this rate.

what about naming right? Would that cover costs?

[AFII]

so whats he hoping to achieve by taking on the ownership of the club

Probably that someone will buy him out later for a billion or so when the stadium is finished.

[kopdan]

then he's ****ing cwazy

[AFII]

what about naming right? Would that cover costs?

Arsenal got £100m for their naming rights but that included the name on the shirts too.

The stadium will cost around £300m.

[sinbad]

I the rumours are true, under 2 hrs till deadline.

Come on Amanda, we have faith in you.

[tomasjj]

what about naming right? Would that cover costs?

if arsenals deal are something to go by, it will cover 25 percent of our stadium costs.

ah, sorry...thought the stadium was 400 mill, not 300

[kopdan]

Arsenal got £100m for their naming rights but that included the name on the shirts too.

The stadium will cost around £300m.

thanks, so we're £200m down then

[AFII]

then he's ****ing cwazy

He has done crazy deals before and got bankrupt a couple of times but he has some good friends that have helped him out.

[kopdan]

But what I dont get is how he thinks its all feasible

[kurtangle01]

what about naming right? Would that cover costs?

Probably not. It could help cover part of the costs but not the full £300m. If you go by what Arsenal got, £100m over 10 years, it wouldn't even come nearly close to paying for the new ground. To think that it would cover the cost is fanciful to say the least.

[kopdan]

aye, I realise that now Scott.

[Rafa Shankly]

up until recently most fans had no idea where their chairman got hold of the loot or cared. now everything appears to be transparent and folk start worrying about debts etc which has probably always gone on but behind the scenes. I see no point in worrying about a £30m debt when it nots my money and I can't do anything about it. These people are businessmen for the very reason they know what they're doing when it comes to finance. Occassionally things will go tits up just like in the real world, theres no guarantees in life.

We now have Torres & Masher and have spent out on Babel. All this under the american owners.We wouldn't have them under the old regime. Perhaps they are evil but I'm not convinced.

because i dont think moores would have borrowed to pay for transfers,not that sort of money in any case,im sure he could have if he wanted though.

and i dont think its as common to borrow in excess the way the yanks have,thats why it worries me.

and it is our money mate,hicks is not repaying it,we are,evrey match ticket we buy pays off the loan,every piece of memorobelia pays off the loan,every ****ing hot dog sold at the match pays of the loan.

and hay,if we do well,maybe he can pay off his loans on his other franchises.

[tomasjj]

But what I dont get is how he thinks its all feasible

maybe he doesn't, but likes to give the impression that it is

like planning the stadium and increasing the value of the club down to a future asset that isnt there...then selling, pocketing that imaginary increase

I seem to recall he did a similar thing in brazil with the corinthians?