I have said it before and I will say it again, being in the PL will make us a sweet target for some investment from Mr Allam's contacts in the Middle East. Do not be surprised if some investment comes our way during the closed season.
In terms of the change since last year though the Football Club should only count for around £8M of the fall (it was £8M we reported we'd lost last year wasn't it?). The lending of the rest of the money has no impact, it's just moving money from one place to another. If the club owes £50M then Allamhouse is owed £50M. The only change in value comes from profit/loss, and changing share prices (which reflect what is expected of the company in future). If anything the club should be worth more now than last year as we've reported greatly improved financial results (we only lost a lot instead of a breathtakingly huge amount) and we've performed better on the pitch this season which bodes well for the potential to be PL either next season or with a little tweaking (the figures being calculated a while ago now). The thing to remember is that a lot of their wealth isn't in cash anyway, it's tied up in assets, which in their case is mainly their businesses. Changes in value, other than for securing debt aren't a concern in themselves. If my property halves in value it will have no impact on my lifestyle what so ever. Likewise if Allam Marine's value drops it won't have an impact on the Allams' lifestyle unless the reason it's fallen does. Falling profits are the most likely cause, but so long as the profits are still high enough to allow the Allams to take out what ever they've been taking out it's all irrelevent. It could also be that they had expected profits to rise and they stayed the same, the value of the company was based on performance improving and needed recalculating for the lack of improvement.
