Thats the price of the club, thats stewart and his mates debt, not the clubs
No, They're paying it using our club. It's gradual payment secured against the clubs Para payments. 100% confirmed by our owners. That was the Nature of the deal.
Charlie Methven
https://rokerreport.sbnation.com/20...rland-owners-donald-methven-meet-roker-reporteople have been saying about Ellis Short taking the parachute payments - that is not the case. Ellis Short is enabling us to pay for the club over a period of time to try and ensure we’ve got enough cashflow in the meantime to actually put right some of these things that need to put right. If we had to pay him the full £40million up front and then cover everything you need to cover in the short term, well that would be difficult for almost anyone. That’s an awful lot of cash.
He has accepted that he will need to be paid gradually. When somebody is owed money in that situation, they then need to take some security over the eventuality that we turn around one day and say “we’re not going to pay you”. The thing that is easiest to put that security against is Premier League parachute payments.
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Imagine if he encountered Smug, Billy or Com? His arse would explode.