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I think he is more interested in a club that has a big history, and if he can make it bigger by investment, then so his personal social standing increases with it.
This is all about him getting on a wider public stage.
And if United can benefit from it, I have no problems. - Although he has made it clear he is a businessman so any similarity to Man City is out.
So it had nowt to do with him picking up half the football club for a quid then?
So it had nowt to do with him picking up half the football club for a quid then?
And taking on half the debts. This guy has already given interviews stating that he means business & wont rest until we are back in the Premiership. Failure wont be in this guys vocab. And i think if people at the club arnt upto the job then he will get someone who will be. And i think that would also include the manager.
And taking on half the debts. This guy has already given interviews stating that he means business & wont rest until we are back in the Premiership. Failure wont be in this guys vocab. And i think if people at the club arnt upto the job then he will get someone who will be. And i think that would also include the manager.
Saudis' are shrewd and 'honest' businessmen, if you are suggesting that his investment won't come, then I think you are wrong
Saudis' are shrewd and 'honest' businessmen, if you are suggesting that his investment won't come, then I think you are wrong
I didn't say that
You suggested he might be more interested in the Blades over championship clubs due to our history. I am suggesting otherwise that his main interest might be because he picked half the club up for a quid.
And........he hasn't taken on half the debt, he's insisted McCabe cleared the debt before he would agree to come on board
No one knows on here the level of investment he will commit to, but I hope it is substantial.
Accounts aint my strong point but there's been a suggestion from a blade (works in finance) that his investment will become the clubs debt, which I don't understand?
McCabe clears the debt
HRH buys 50% of the club for a quid
HRH loans the club the investment
The club are in debt?
Seems like a win win for HRH to me
Talk about trying to make a negative out of a positive.
Seems like more of a win win for SUFC to meI didn't say that
You suggested he might be more interested in the Blades over championship clubs due to our history. I am suggesting otherwise that his main interest might be because he picked half the club up for a quid.
And........he hasn't taken on half the debt, he's insisted McCabe cleared the debt before he would agree to come on board
No one knows on here the level of investment he will commit to, but I hope it is substantial.
Accounts aint my strong point but there's been a suggestion from a blade (works in finance) that his investment will become the clubs debt, which I don't understand?
McCabe clears the debt
HRH buys 50% of the club for a quid
HRH loans the club the investment
The club are in debt?
Seems like a win win for HRH to me
I think your friend thought about the setup clubs like Man City and Chelsea use..Where money is borrowed from an owner/investor during the season and the debt converted to equity by the end of the financial year.
If debt is converted to equity (similar to what McCabe did ... .... .... I think?) then that I believe is fine. As I say, I know little about accounts
Btw, you a City fan?
Yes, just signed up to keep an eye on Harry..got caught up with this Saudi business on here, and as I keep an eye on the gulf I couldn´t really keep my mouth shut when people posted pure guessworks about the local royals sort of..
I can´t imagine him saying that.. I can imagine him looking at the clubs he mentioned though but apparently SUFC was more tempting.
I didn't say that
You suggested he might be more interested in the Blades over championship clubs due to our history. I am suggesting otherwise that his main interest might be because he picked half the club up for a quid.
And........he hasn't taken on half the debt, he's insisted McCabe cleared the debt before he would agree to come on board
No one knows on here the level of investment he will commit to, but I hope it is substantial.
Accounts aint my strong point but there's been a suggestion from a blade (works in finance) that his investment will become the clubs debt, which I don't understand?
McCabe clears the debt
HRH buys 50% of the club for a quid
HRH loans the club the investment
The club are in debt?
Seems like a win win for HRH to me
A Wendy workmate of mine is always critical of McCabe saying things like "he isnt really interested in your club, he only wants the money" . As the Prince said that he looked at all the Championship clubs it is obvious that he could see that McCabe cares more about SUFC and Mandaric cares more about the money
if someone on bladesmad said that dragons were rippingthe town centre apart and barbecuing it youd be on here filling us all inI didn't say that
You suggested he might be more interested in the Blades over championship clubs due to our history. I am suggesting otherwise that his main interest might be because he picked half the club up for a quid.
And........he hasn't taken on half the debt, he's insisted McCabe cleared the debt before he would agree to come on board
No one knows on here the level of investment he will commit to, but I hope it is substantial.
Accounts aint my strong point but there's been a suggestion from a blade (works in finance) that his investment will become the clubs debt, which I don't understand?
McCabe clears the debt
HRH buys 50% of the club for a quid
HRH loans the club the investment
The club are in debt?
Seems like a win win for HRH to me
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