Re: HK News
Rab C NesbittEl MayorIt’s brilliant to have them basically spending the money as the majority owners, but having no choice to do so and Knighthead getting the crafted.Sishi RunakEl MayorSishi RunakEl MayorWagner’s DreamRead on Twitter £48m of the original £50m has been used up.
To be fair it does say that in the announcement linked at the top of the thread. In fact if you read it right it’s all been used up
What have they used it on?
If they bought tangible assets with said money and down the line defaulted would we look to take said assets off them?
What have they used it on?
The club has used it on players and the stadium mate.
Sorry I’ve got this finance shit boss eyed, I thought this was the Chinese using a loan facility as agreed with the takeover. They haven’t used this on the club have they?
You’re right, you have.
The Chinese haven’t used it at all. The club has. The Chinese have to report it cos they own 51% of the club
Shafted. No lube
I always said that whoever took it on needed to screw them to the floor legally. And the opportunity was there - if people were willing to pay for the high priced lawyers. Knighthead were