So a legal document has been filed at companies house which is a legal charge against our future revenue from the PL. HSBC lend us 120m up front (that’s just a figure but it won’t be far off) and we can spend it now. It gets repaid as and when the PL give us our payments which is in 3 instalments. In the meantime we secure the commercial deals without being hamstrung by cash flow. The PL cannot stop it.
Nah, we know what % out owners have and we've spunked £150m in 7 months. This is about FFP and share value, something your tin pot lot know nowt about.
No I am saying that the PL and the dirty 6 have tried to stop us from generating money because they are cheats. So while we sort them out and destroy their stupid little games we have used a common money vehicle called debt financing.
Exactly this. Whilst they've been worried by Navy we had the Air Force and Army land on their lawns. The fun starts here I feel.
FFP? Thought you could spend £500m without coming close to breaking the rules? Let’s get an advance on our TV rights and pay interest on a bank loan when we’ve got the richest owners the world… Thank f*ck moving forward we haven’t got to listen to anything other than the sound of you lot crashing back down to earth.
I wonder. The strip delay and the shirt sponsor with fun88 and the exit strategy. I know it was being negotiated (I think you know this also) and whilst there is no legal way of stopping it, I wonder if the PL blocked us in trying to buy out fun88 and replace them. I knew there was an annual renewal clause that had to be honoured each year unless there was a breach of contract. Remember gambling is illegal in Saudi. So the club must have tried to do something here. It’s why we have our saudi strips with no sponsor on.
I think your either ignorant or just plain clueless. FFP doesn’t come into this one. This is cash flow. Our owners are not going to throw money in without us growing the commercial pot. Nor should they. Their plans are to grow the club organically with well established connections and it is this that is being blocked by the dirty six and the PL. It’s basically a restriction of trade. They changed the rules to stop us doing what they “thought” we would do but actually the owners and made it absolutely clear that this is a growth model. Not a Man City one. The big six are scared because we can actually do it legitimately and they know it so they are doing everything they can to stop it.