This is all assuming of course The Aussies will be our new owners that they would appoint Kewell.
Would still welcome The Aussies if they win but personally I'm hanging my hat on RedHenry's mob now they're back in the running.
But whoever wins I'd like to see Bowyer stay for the rest of the season. Couldn't quite get 14/1 as others did but I did still get 9/1 before the Northampton game.
Think RD owns 95% of Staprix. It means that the debt (£57.7m in mid 2017 and increasing)in the published accounts is owed to Baton 2010 and therefore ultimately to Staprix. IMO no buyer will agree to take on that level of debt. My guess would be that RD will convert the debt to equity then sell 51%+ to the new owners, retaining the balance and benefiting from dividend payments. The new owners might structure the debt to automatically acquire the balance of the equity on promotion to the Premier league. All pure speculation - but I suspect it is the payment structure that is holding things up.
Or he could write off any losses against his Belgian tax liability?
Think RD owns 95% of Staprix. It means that the debt (£57.7m in mid 2017 and increasing)in the published accounts is owed to Baton 2010 and therefore ultimately to Staprix. IMO no buyer will agree to take on that level of debt. My guess would be that RD will convert the debt to equity then sell 51%+ to the new owners, retaining the balance and benefiting from dividend payments. The new owners might structure the debt to automatically acquire the balance of the equity on promotion to the Premier league. All pure speculation - but I suspect it is the payment structure that is holding things up.
Or he could write off any losses against his Belgian tax liability?
Think RD owns 95% of Staprix. It means that the debt (£57.7m in mid 2017 and increasing)in the published accounts is owed to Baton 2010 and therefore ultimately to Staprix. IMO no buyer will agree to take on that level of debt. My guess would be that RD will convert the debt to equity then sell 51%+ to the new owners, retaining the balance and benefiting from dividend payments. The new owners might structure the debt to automatically acquire the balance of the equity on promotion to the Premier league. All pure speculation - but I suspect it is the payment structure that is holding things up.
Or he could write off any losses against his Belgian tax liability?
That's a good point and one for his tax advisors. Not sure about debt 'acquired' in another EU country...but as the parent company is Belgian - maybe...
Slight change of theme. It seems accepted that the new owners will bring in their new manager and all comments are Harry Kewell. Not starting off negative but is that not what we all hated ( among other things) RD for. It’s Luzon, Fraeye etc again. The manager should be the best person for the job not the owners personal favourite. Just saying!
Well I agree that most of us think Bowyer would be just as good a fit as Kewell as both are inexperienced but any new owner will always have their own ideas and most likely want their own people top to bottom. Hopefully if the Aussies are eventual owners they can see that for the time being at least Lee Bowyer is a decent option but I can understand why that might not fit their plan.
Bloke in flat cap other side of barrier, talking to people in crowd at front lower west looks a little like the Aussie Andrew Muir. Could be wrong. Maybe others can grab a pic in directors box later. I'm prob wrong!
Bloke in flat cap other side of barrier, talking to people in crowd at front lower west looks a little like the Aussie Andrew Muir. Could be wrong. Maybe others can grab a pic in directors box later. I'm prob wrong!
Since when has “being wrong” been a criteria for not posting on the take over thread? Keep em peeled mrkinski.
Bloke in flat cap other side of barrier, talking to people in crowd at front lower west looks a little like the Aussie Andrew Muir. Could be wrong. Maybe others can grab a pic in directors box later. I'm prob wrong!
Since when has “being wrong” been a criteria for not posting on the take over thread? Keep em peeled mrkinski.
Yeh, if you can throw in some unsubstantiated conjecture whilst taking the thread wildly off topic for half a dozen pages, you are welcome here mrkinski!
I will keep em peeled! Prob a member of cafc staff. But addicks with good cameras look out for tall, thin bloke in a long black coat and flat cap in directors box.
I will keep em peeled! Prob a member of cafc staff. But addicks with good cameras look out for tall, thin bloke in a long black coat and flat cap in directors box.
I will keep em peeled! Prob a member of cafc staff. But addicks with good cameras look out for tall, thin bloke in a long black coat and flat cap in directors box.
I will keep em peeled! Prob a member of cafc staff. But addicks with good cameras look out for tall, thin bloke in a long black coat and flat cap in directors box.
I will keep em peeled! Prob a member of cafc staff. But addicks with good cameras look out for tall, thin bloke in a long black coat and flat cap in directors box.
Peaky blinders
Couldn't see razor blades in his cap.
I think Aussie caps have sandpaper in them instead.
Doesn’t mean he is willing to use it , Aussies have been back looking for funding and raising the nessesary (spelling) this has allowed the others back in
Aussies have not got the required amount to do what’s needed
Doesn’t mean he is willing to use it , Aussies have been back looking for funding and raising the nessesary (spelling) this has allowed the others back in
Aussies have not got the required amount to do what’s needed
Comments
Would still welcome The Aussies if they win but personally I'm hanging my hat on RedHenry's mob now they're back in the running.
But whoever wins I'd like to see Bowyer stay for the rest of the season. Couldn't quite get 14/1 as others did but I did still get 9/1 before the Northampton game.
Aussies have not got the required amount to do what’s needed