Whoops. Good point. Still hold fire on my point about Helen Power......she is not some BS merchant. Will be interested to see if there is any other media sources quoting this "spokesperson" from CIC
Thats a really strange article from the FT. Especially in view of the fact that their sister paper, the Times, went so heavily in the opposite direction on their front page with Helen Power writing the article (she is a finance not a sports journalist). Still think there is something in this but it is very very strange.
No other media sources have gone for this Kirdi stuff. Kirdi is based in Canada. Canadian PR firm sent the email seemingly. Gillett's mate. Also, that guy from the NOTW (Paul McCarthy) was on reviewing the papers and he didnt exactly sound too convinced. Think its BS.
Kirdi stuff is bs.....it must be. So much wrong with the story......Sky even admitted then had not got any confirmation or info from anywhere else apart from the email they received from Kirdi.
Just listened to that Myers guy on Sky Sports. Seems that all his info has come from an email sent to him by that Kirdi guy.......sounds like garbage to me. Group of individual investors from Middle East and Canada (see Gillett). Have enough money alledgedly to pay off all debts and build stadium. Doesnt sound that great tbh but hopefully all bogus Agreed.....really wish that we had an owner that cared about the club. He would definitely make the right decision for the club's future...........oh wait.
Thought he came across pretty badly tbh, didnt really seem to know anything and got I the impression (maybe wrongly) that he was speculating rather than being ITK.
The value of the club is nothing to do with the debt on it. eg if you are going to buy a house that is worth £200k, that is what you offer (doesnt matter if there is no mortgage on it, £100k, or even in negative equity) I think about £300m is realistic price tbh.
Plus the alledged Kop Holdings debt which would mean they make a loss. Although they have probably taken a lot more out the club over the years than the loss they may make (dodgy deals see architects fees etc)
Probably because they see us as a risk on their balance sheet and i can see why. Yes, we have extremely strong brand/fan base but we are miles behind the top teams in terms of match revenue and that will not change until we finance a new stadium. Further, with the arrival on Man City and their cash we are no longer guaranteed Champs League and all the income that goes with it.
If it was £300m plus say debt at £237m then it values the club at nearly £550m without a new stadium. Absolutely no way that is accurate. Also, if that was the deal, G & H would be biting their hand off and not trying to stall
Depends who is really in control of the whole thing. If it is RBS, and this is the only viable bid, then it will probably be accepted, yes. No way it is £300m plus taking on the debt, not a chance