United to pay PIK debts in full

Originally Posted by borsuk

that would still be money coming into the club which they are not allowed to take out, if i understand correctly. they can't draw on the club's income or cash pile, above the £70m already mentioned.

however, using the club's assets as collateral might be allowed, i don't know.

The Rothchilds Glazer Hedgefund Soccerdome??

I'd have thought it'd need the bondholders permission borsuk. Andersred is now saying that after talking to a few people he feels it's looking more and more like they've sold a stake, we shall see.

Originally Posted by SilverSurfer

Their other main assets are in property in the US south so I'm not sure they've got much to sell. The most likely outcome to me is the sale of a stake.

What about Tampa Bucs?

Originally Posted by marlo

ive got a quiet admiration for joel from a purely a business perspective.

his plan is currently approaching 60% complete.....

as a fan. he is a @#%&! obviously.

Other than to screw the club what is his plan Marlo - what will he do next to get his plan to 70%, 80% et all - from a business perspective of course??

Any chance the Glazer family just had some cash knocking about, were feeling flush, and thought they'd pay a whack off the card bill, as it were?

Originally Posted by RedMenace

I'd have thought it'd need the bondholders permission borsuk. Andersred is now saying that after talking to a few people he feels it's looking more and more like they've sold a stake, we shall see.

Knowing our luck it'll be Gillett or Hicks

Originally Posted by dunk

Any chance the Glazer family just had some cash knocking about, were feeling flush, and thought they'd pay a whack off the card bill, as it were?

Originally Posted by Albert Tatlock

Knowing our luck it'll be Gillett or Hicks

Just our luck

Originally Posted by Sloane

Is that a no?

Originally Posted by RedMenace

I'd have thought it'd need the bondholders permission borsuk. Andersred is now saying that after talking to a few people he feels it's looking more and more like they've sold a stake, we shall see.

if so it will be interesting to see what size the stake is and if it includes any kinds of guarantees (payments, seats on the board, voting rights etc).

Rumours it's Carlos Slim Helú.

Originally Posted by red @rmy

Rumours it's Carlos Slim Helú.

Who's that?

Originally Posted by red @rmy

Rumours it's Carlos Slim Helú.

The Mexican telecom billionaire?

Originally Posted by SilverSurfer

The Mexican telecom billionaire?

He's seen Hernandez playing.

Wants to buy us and turn us into Mexico United.

Originally Posted by red @rmy

Rumours it's Carlos Slim Helú.

Cheech has had a word

Originally Posted by SilverSurfer

The Mexican telecom billionaire?

Isn't he the richest man in the world atm? We're not that lucky

Is that a real rumour or just bullshit you've made up?

Originally Posted by Coracao

He's seen Hernandez playing.

Wants to buy us and turn us into Mexico United.

Slim is also one of the world's richest men.

Originally Posted by Gorilla Monsoon

Who's that?

http://www.forbes.com/lists/2006/10/WYDJ.html

Originally Posted by Gorilla Monsoon

Is that a real rumour or just bullshit you've made up?

Need you ask it is Reddles!