Yep If the deal was done in US$ (which is unlikely) and agreed at US$145m at an exchange rate of $1.45 to the pound then the seller when converting would receive £100m Now the rate is US$1.32 to the pound the seller when converting would receive approx. £110m I'm sure any deal would be in pounds though.
I think this is probably exactly what Assem did, he calculated the exchange range benefit and came up with something to justify adding it on.
No you get the same back mate. It just costs THEM less in their currency. i.e. £10 was $15 now £10 is $13.20 You still have your tenner but it cost me less.
Probably by the amount of pieces of inside information they have compared to some bloke who calls himself tubbylard. I do enjoy when people bring my location into things as if this internet age makes that in anyway relevant to knowing who has the most accurate information.
Precisely. So if a tenner now costs them $13.20, the Allams could say "Well we want what the tenner was originally valued at" i.e. $15. In which case the US lot are still paying $15, and it's no skin off their nose essentially.
That's true! But if I was the yanks I'd be saying " you were asking for £100 mil! That's what you're getting " if the Allams were that clever they should have advertised it in £s & $s
Bit harsh to expect them to have heard about the possibility of Brexit. It was barely in the news over there at all, and Assem was never asked to comment on it by journos.
It's not quite as straightforward as that if payments are staggered over a period of time. Who knows what the exchange rate will be in 12 months time ?
Who cares? Agreements are almost always made with a set FX rate, or else there's far too much uncertainty for both parties.
So, if he had called himself OriginalVespaMan you would take more notice of him? Exactly how can you tell whether Lambo or Burns have more accurate information than someone else?
Of course not, because he seems to like questioning people for the sake of it. I just took amusement out of the fact someone would label themselves tubby lard. Maybe it's an homage to Steve Bruce? I have no idea.
I generally keep pretty well abreast of things to do with the club using a combination of this place, the HDM when articles are written by the right people, and twitter. You can tell the good from the bad sources pretty easily after a while.
That's what I'm saying! So if they're asking for more because of the strength of the dollar they're greedy ARABS! They need to walk away knowing they've got the best deal & no one else as! Imo
Why do people even want to buy football clubs if they've no connection to them? I know Peter Grieve is just the front man but his whole civi career has been advising people on investments. He must know a lot better ways to spend $150m? I think it was John Madejski who said he'd made a small fortune from football. By turning a large fortune into a small one..... Is it a vanity thing?
No need to capitalise Arabs. They'd still be greedy if they were American or dare I say it British (which is what Ehab is as I believe he was born there).
Seriously? Those three are your sources? It seems a limited use of the www, but fair enough. I'd treat all three as no more than rumour, speculation and opinion, and often with a bias at that. It's often interesting to review them after the event, when more detail is known.
