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Here's one for the unwashed.
If its just a matter of time until your Ashley sponsorship deals expire and you land huge Saudi sponsors. Why take out a loan?
Ffp is over a rolling 3 season period. So you could have spent PIFs money this season without a HSBC loan as it wouldnt impact ffp once your huge Saudi sponsors come on board.
Not one mag has answered this point yet
Another question:
Why did Staveley deny borrowing £10m from Ashley, claiming instead to have got the capital by “selling a hotel”, only for it to be revealed that she had actually borrowed the money from Ashley, when he made it publicly known that he was taking legal action against her for breaching the terms of the loan?
Surely you would rather get that money from anywhere else? The obvious candidate being the sovereign wealth fund that is your business partner? Ashley actually imposed terms that were so restrictive he could dictate what she could and couldn’t say about him, yet she still agreed to it.
Caulkin did actually ask about this once, and got a totally inadequate response, and as far as I know it’s never been brought up again:
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Offered an opportunity to clear things up, Ghodoussi says they are “not going to get into the specifics,” because of commercial and legal sensitivities, but they will provide The Athletic with a statement correcting the record.
Sources close to PCP say that assets, including the hotel, were put into one company regarding the purchase of Newcastle and then loaned to another.
The statement, when it comes, reads: “PCP’s investment in Newcastle United involved corporate financing, as is common in transactions of this nature. However, PCP’s investment in the club was not financed by any personal loan or liability incurred by Amanda Staveley.”