Club ownership | Senior management team talk

[gulli_G]

Could be wrong but I thought the last SEC filing for the additional investment promised by SJR was filed in December. There was another filing yesterday so may be an additional 80m.

I think that was just that same investment finding it's way down

 

[Redjazz]

God knows what would have happened if INEOS didn’t come in.

Very interesting reading that.

Not sure I read it correctly but didn't we make 100m worth of sales in the summer, why is it showing only 37m odd?

Maguire is projecting from the end of Q1- after summer splurge.
Normally we summer tour during Q1 and not in Q4. So income from post season tour should not be there unless we actually plan to do a Q4 tour. transfer payables and transfer receivables are his estimate of net spend in the remaining three quarters. Probably a little heroic.
He omits further interest payable too (25m to 30m).
The gist though is right. We are running at a cash deficit mainly due to heavy net spend.

 

[Giggsyking]

We have a shit squad and we are skint. Partially bought by a skint man.

 

[Rockets Redglare]

We have a shit squad and we are skint. Partially bought by a skint man.

Ratcliffe? I wish I was as skint as him.

 

[Berbaclass]

We have a shit squad and we are skint. Partially bought by a skint man.

Talk about hyperbole

 

[Giggsyking]

Ratcliffe? I wish I was as skint as him.

You know what I mean. But yeah me too I wish I was as skint as him.

What I ment is, Ratcliffe does not have the money nor the experience to lead a giant football club saddled with huge 900m debt with a falling stadium.