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HankMarvin

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Everything posted by HankMarvin

  1. What are shareholder loans? They do exactly what it says on the tin: it is money loaned to a club by their shareholders. They amount to a form of funding, a means for owners to inject cash into the football project without seeking equity in return. Typically these are long-term arrangements, often free of interest payments. And clubs are certainly fond of them. Fourteen of the 20 Premier League teams in the 2022-23 season had shareholder loans recorded in their most recent set of accounts and City’s legal team were only too happy to highlight the extent of their use during this case. It was cited that £1.5billion ($1.96bn) out of £4bn total borrowings across the division — 37 per cent — were through shareholder loans. “The main motivation (behind shareholder loans) is that it’s an easier mechanism for an owner getting their money back,” says Chris Weatherspoon, an accountant and financial analyst at the football website Game State. “If they put in equity, that’s them effectively giving up any right to a return, short of paying out dividends, which hardly any club does or even can do, as most are in a position of accumulated deficits, or making their money back when they sell up. “It’s also more tax efficient. Interest costs on debt — if owners charge them — are tax-deductible for clubs, so reduce the club’s tax burden; dividend payments aren’t. “Another point is that if there’s a need to plug a cash-flow gap quickly, lending money is easier than working through the mechanism of issuing shares.” The Premier League, until this point, had excluded shareholder loans from APT rules, saying they would “encourage investment” in clubs. It also reminded us this week that 19 of the 20 members, City included, had been responsible for voting through the existing APT rules in 2021, with only Newcastle United abstaining. City came hard at the Premier League when launching their legal challenge in June, saying the APT rules in place were “discriminatory and distortive”. They also called their existence “unlawful” and set about picking holes in a set of regulations designed to prevent clubs earning increased revenue through inflated commercial deals.
  2. For a supposed journalist clearly not well informed Nothing to see here
  3. It’s an old article from the media not from LCFC
  4. Last time the 200m cut net interest by a 3rd saving 7m for that season
  5. Article Feb 1, 2023
  6. The last time Their conversion into equity serves to strengthen the Club’s balance sheet, reduce its interest costs, and provide further evidence of King Power International’s commitment to supporting the Club’s long-term sustainability." Srivaddhanaprabha's gesture is the second of its kind since the family took control of the club back in August 2010. It follows the lead of his late father, Vichai, who tragically died in a helicopter crash that claimed the lives of two other passengers and the pilots outside of the King Power Stadium in 2018.
  7. No mate, he was just made to watch some of the last matches
  8. Maybe if it was an incontinence pants brand
  9. Or the fact that they have let a manager dictate to signing previously and wasted about £50m on wages and fees once the manager goes, which seems short lived and inevitable at this club
  10. Maybe this explains the hesitancy behind the scenes in the incoming market, we expect to change managers again with a sacking or Ruud walking.
  11. This was the second time in as many matches that temperatures were raised in the changing room. Mail Sport understands that following the 2-0 home defeat by Crystal Palace on January 15 some senior players held an inquest with the rest of the squad, trying to generate greater resolve and determination to escape the bottom three. The message did not seem to be heeded, as Leicester’s display against Fulham was worse than the Palace one and caused fans to turn on the board and Van Nistelrooy
  12. It’s ok being a bastard of a manager if you are getting results. Unfortunately in this day and age players can turn quickly. Especially ones with history of doing so
  13. I mean forgetting the speculation today, he has lost the last 7 and has one of the lowest points tallies of a manager in the prem in his first 9 games. Of course he is going to be short odds
  14. The downside of our “amazing facilities” no one wants to leave
  15. Yep RVN hasn’t had any luck, remind me again about those first 4 points 30 plus shots against West Ham conceded, Brighton two goals scored in the final 5 mins I mention expected pts because they take into account aggregate xg values The goals against have not improved, we conceded 23 in 12 under cooper 1.91 per game In the 9 games under ruud it’s 2.3 per game goals scored is marginally better, 1.28 per game for Ruud goals scored cooper 1.25 The performances haven’t improved those metrics, there are just teams with worse records Ruud points per game 0.44 Cooper 0.83
  16. How many games do you want me to give we only won 2 Anyone with any “sense” looks at our expected points for that period and sees it was nearly as expected +0.86 as opposed to being “lucky” to get the few points despite the shots against being taken into consideration. As for the lack of shots, we had scored the 14th highest as opposed now the joint 19th lowest
  17. Bournemouth had 2 shots on target. Even if Mads was in goal in the last 7 we wouldn’t have won at least 5 of them because we have scored 0.
  18. Depends if you just stop there, or include the following season where he was sacked after 1 win in 18
  19. I posted the previous article here
  20. Where has the other post gone
  21. Did he say it though? The article was from someone else
  22. Maybe the focus should be on the now, it wouldn’t be as bad if we were linked to him coming now
  23. Speaks volumes if true 3 weeks into January
  24. No doubt he would fit right in “Championship club Reading have parted company with manager Jaap Stam after a run of just one win in 18 league games. Former Manchester United and Netherlands defender Stam”
  25. Only Mick McCarthy (Sunderland), Alan Ball (Manchester City), Jan Siewert (Huddersfield Town) and Paul Jewell (Derby County) have lost more games than Van Nistelrooy in their opening nine Premier League matches and the pressure is beginning to build on the Dutchman.
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