New owner confirmed…

Edit - **** it, I'm GFAW

 

Go back to your kip and grab another half hour.

I don't come on here to be called a dick for engaging in a debate with a ****ing no mark like you...Eejit!!

 

Go for a good ****ing long one you aggressive ****ing twat!!!

 

OK apologies, lost my head a bit.
I just don't get why some don't seem to understand such a simple point, and continue to seem to want to defend Allam spouting BS.
We are not debt free, simple as.
(And by the way, I'm actually not aggressive, nor a twat or no mark as you would see if you knew me, which actually you might, but that's maybe for another day).

 

No,and I'm not a 'dick'.

I'm sure the mods will tidy this mess up and rightly so..

 

We may or may not be debt free, nobody knows yet for certain.

 

We might never know, and we're not entitled to know imo. None of our business.

 

How many football clubs are debt free anyway?

 

If the debt is linked to the club it'll be in the accounts

 

We definitely used to go ooh! ooh! ooh! with fists in the air when winning corners, loved that.

 

Adam Pearson brought his own debt but no one complained. He made money in the end due to advancing the club's fortunes. Let us hope Acun does the same. And this deal is certainly better for the club than the one that was used to buy the club off Pearson.

 

Until the accounts are published we'll have no idea whether we're debt free. However there are a number of ways Allamhouse could have been paid, some of which would leave us debt free in the sense Urika means. Technically a limited company is never debt free as it owes money to its shareholders for the value of their share holding.

Acun could have personally paid the debt to Allamhouse and not transferred the amount to City. We would be debt free. Its not a gift as the value of the club rises if it doesn't have any debt and he would expect to get his money back when he sells City.

Acun could put the money he's paid to Allamhouse into a share premium account. Again we would be debt free.

Acun could increase the share capital by the amount he's paid Allamhouse and again we could be debt free.

Finally he could lend City the money to repay the debt to Allamhouse in which case City would not be debt free.

Its his choice and he'll have made that decision in a way the suits him and his plans for City.

 

An otter doesn't have a stupid name.

 

It's how it works, so why wouldn't it be in his company name? Allamhouse, Coolsilk, Otium Entertainment Group, et al, all company names for owners.

 

Another view....

 

Just looking forward with a bit of optimism, but as we all know things can change and I know I'm clutching at straws here but if in the future things did go wrong I don't think Acun would go down the Allam route as he is TV personality and he wouldn't want the bad publicity

 

Acun’s plane just left Turkey.

 

this is getting weird now….are we going to stalk his every movement?
I could understand it when the deal was imminent, but why do we need to know he has left Turkey now?

 

I saw it on twitter keep your hair on lol