bold_fox Posted 30 October 2006 Posted 30 October 2006 £5m (shares)+ £17m (stadium) + £3m (players wages) = £25m Plus we'd have the revenue previously set aside for stadium payments to add to the player funds. Should be enough to get out of this league. Once we're in the Premier we'd get £25m with no significant out goings apart from player wages and to pay back MM. Is that what they said on the Radio, or is that your interpretation. ? ? ? Sounds a very good investment if that is the case. Looks even more promising if that is the case.
Master Fox Posted 30 October 2006 Posted 30 October 2006 Geoff peters saying what the 25 million be for, it was basically going over old rope for the stadium and well because of how well the board have run the club its now plum to invest in with low wages and up and coming talent. They were hinting at when a takeover could happen.. NEVER I SAY.... Tim Davies's is GOD
davieG Posted 30 October 2006 Posted 30 October 2006 Is that what they said on the Radio, or is that your interpretation. ? ? ? Sounds a very good investment if that is the case. Looks even more promising if that is the case. Just my interpretation from the football perspective - so not to be taken too seriously, but I can't see there being much else. Of course whoever buys the club also get the training ground which must be worth a fair old sum and makes the investment even more sound..
lookwhaticando Posted 30 October 2006 Posted 30 October 2006 Just my interpretation from the football perspective - so not to be taken too seriously, but I can't see there being much else. Of course whoever buys the club also get the training ground which must be worth a fair old sum and makes the investment even more sound.. Never have I heard 'investment in a football club' and 'sound' in the same paragraph.
davieG Posted 30 October 2006 Posted 30 October 2006 Never have I heard 'investment in a football club' and 'sound' in the same paragraph. Wouldn't the investment be music to your ears ?
Louise Posted 30 October 2006 Posted 30 October 2006 I'm not sure I could see Milan paying 25 million, even if it does say that in the press. He may not even go for 100% of the club. Doesn't make sense to buy the stadium at this stage, unless you're a City fan or have huge amounts of money (on investor scales, obvious Milan has more than you or I will ever have, but enough to buy the stadium and not feel it? No), as a businessman Milan would surely see that it'd be cheaper to just get controlling interest of the club, invest a couple of million in the squad then buy the stadium with Prem money. Unless the board are making that a requirement for any takeover?
lookwhaticando Posted 30 October 2006 Posted 30 October 2006 Wouldn't the investment be music to your ears ? :laugh: I'm not sure I could see Milan paying 25 million, even if it does say that in the press. He may not even go for 100% of the club. Doesn't make sense to buy the stadium at this stage, unless you're a City fan or have huge amounts of money (on investor scales, obvious Milan has more than you or I will ever have, but enough to buy the stadium and not feel it? No), as a businessman Milan would surely see that it'd be cheaper to just get controlling interest of the club, invest a couple of million in the squad then buy the stadium with Prem money. Unless the board are making that a requirement for any takeover? Buy the stadium later sounds like a reasonable plan, you'd think. Don't we need to take into account the cost of the stadium interest, too, though? Wouldn't it be cheaper to pay down a chunk of it off quickly to cut interest payments, use the money freed up to expand the playing budget a bit then go from there... That way, upon promotion, you can use a chunk to pay off the rest of the stadium and hopefully have a slightly larger kitty to play with for transfers and wages... And if we fail to win promotion quickly, the stadium won't be costing us as much. Hedging your bets and paying part of it now and plan to pay the rest off after promotion seems to make a lot of sense to me. Best of both worlds, really. Maybe I'm talking nonsense, though. I guess it's all down to the intricacies of the stadium financial details - if we can pay it off, how much we can pay off, or if we pay some off does it affect our regular payments? All fluffy logic at the minute until we get some hard facts.
Louise Posted 30 October 2006 Posted 30 October 2006 It just doesn't make sense to me that an intelligent businessman such as Milan would put in more money than he needs to. He could pay off a chunk as you say, but £25 million seems far too much. More likely that's all the money he has and the story has gotten confused/exagerated.
Phube Posted 30 October 2006 Posted 30 October 2006 Just think the Milan thread would be at 90 pages now!!!
l444ry Posted 30 October 2006 Posted 30 October 2006 Really heartening to think something might actually be happening. Wonder where all the economic experts are now who, a couple of months ago, claimed that nobody in their right mind would want to invest in Leicester in their current plight. Pillocks!!!
Trumpet Posted 30 October 2006 Posted 30 October 2006 I find it wierd that in august/ september we were talking of how we need someone to invest and our prayers look to have or are in the process of being answered.
lcfc_jme Posted 30 October 2006 Posted 30 October 2006 It truly is a miracle! More than that I'd say. Hopefully it'll be completed very, very soon with minimal fuss, and we can all rejoice and sing the praises of the wonder that is Milan Mandaric
lcfc_jme Posted 30 October 2006 Posted 30 October 2006 Or the American businessmen... Judging by your avatar, you seem to think it will be Milan As do I and most others
Gené and Tonic Posted 30 October 2006 Posted 30 October 2006 Just exploring other possibilities you never know
Swedging Posted 30 October 2006 Posted 30 October 2006 Judging by your avatar, you seem to think it will be Milan As do I and most others Just to be disagreeable...
lcfc_jme Posted 30 October 2006 Posted 30 October 2006 Just exploring other possibilities you never know I do.. We're just diverting attention from MM by saying there are multiple bidders I knew I saw MM on me way home from the Villa game last week
Tommeh Posted 30 October 2006 Posted 30 October 2006 you can bet that milan or whoever the new owner may be wil end all the speculation of tigers ground sharing!!
Swedging Posted 30 October 2006 Posted 30 October 2006 you can bet that milan or whoever the new owner may be wil end all the speculation of tigers ground sharing!! In what way - by doing it?
Tommeh Posted 30 October 2006 Posted 30 October 2006 we wouldn't need the money any more. and ever so often new speculation arises from welford road about how they want our stadium....Now they'll bugger off once and for all!
samcobblin Posted 30 October 2006 Posted 30 October 2006 milan has signed on the dotted line but will not take Full control of the club until December 14th Happy days what an early x-mas present
Guest Gist Posted 30 October 2006 Posted 30 October 2006 milan has signed on the dotted line but will not take Full control of the club until December 14th Happy days what an early x-mas present How do you know this??
davieG Posted 30 October 2006 Posted 30 October 2006 How do you know this?? Because he's Milan Mandaric
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