If Roland is buying the debt from the ex directors maybe speaking to them would be the first step
So unless that happens I’d say the charge is rolling on not being purchased
Perhaps you’re right but all he has to do is pay it. It’s the buyer who has to be satisfied it has been discharged. If he pays full whack there’s nothing to discuss. Similarly if it’s rolled over they don’t have to be consulted. Anyway, they could always ask RM tomorrow...
Which would indicate that The Valley is part of the deal and the charges rollover.
Would also indicate buyer is an idiot and is happy to pay £20-£30mn for the Club with no control of it's most valuable assets, as charges are over all assets of the Club. Which also means buyer cannot raise any finance against said assets without permission or enter into any Leases on assets. Worry if new buyer keeps charges outstanding as this is their best bargaining tool with Roland to get price down.
Maybe they don't need to raise finance against the assets, and are happy to let the non-interest bearing loans sit there knowing that should they get to the promised land the first £7m of the £100m+ Prem dividend is used to clear the charges.
We also don't have details of exactly how much they might have paid, and this could have been negotiated down to reflect the outstanding loans.
Which is what I said months & months ago. The ex-director loans are a drop in the ocean if/when we get to the Pram They are only paid back then. No interest due either. Could be in 3 years.....could be in 30 years.
If any owner need a to start taking loans secured on the club/ground then they are not the owner you want.
Too generalised. Could be any number of sensible reasons not to be worried/afraid of
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You've all done very well
It's the hope that kills.
By then we’ll probably need a new takeover thread.