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Takeover News/Rumours - Part 42

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Surely FPP would want it back before/same time any takeover happens though?
After all, the loan was clearly a way for them to have Donald over a barrel and possibly acquire the club for a lot less than they were quoted.

Not necessarily. The presence of K L-D actually enhances their security. There aren't any grounds for them to enforce the debt.
 

Not necessarily. The presence of K L-D actually enhances their security. There aren't any grounds for them to enforce the debt.

Sorry if this is a stupid question, but If KLD and Sartori buy 80% of Madrox, would they then be responsible for 80% of the loan? Or is it up to the Madrox board members to decide amongst themselves how it gets repaid? If it's been left in there then that must be factored into the share price surely?
 
ED.....continued from this thread


Some are getting too obsessed with CM remaining.

The sporting director will be running everything that's important for us, performance, recruitment and team matters etc. That's the key appointment.



Wasnt the remit of methven and Donald to attract rich investors, so they brought in sartori and now perhaps Dreyfus? Yes they made bad footy decisions but from a streamlining and investment point of view doing a canny job. I don't care if he is there or not, as long as he remains silent.
 
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