• The forums will be unavailable for a few hours on Saturday 6th June, when they do return they will initially be in a degraded state with some features missing, but normal posting/reading will be possible. The main website will not be affected by these updates.
    New user registrations are currently disabled.
    Some other features of the forum are also currently disabled.

Adam Pearson Consortium

Status
Not open for further replies.

I think we're at the point with Short that ANY new owner would be a step forward as long as they didn't bleed black and white when you cut them.
 
Grumpy Old Man said:
No, because if they buy now, they assume the responsibility for the full £68m. If, say, it's brought down by the bond and incoming transfers and then rolled over into a new 5 year loan for around £30m, that means the buyers only have to worry about repaying £30m in 5 years time, rather than £68m in 12 months. And the difference in valuation is likely to be less than £40m in any event.
Click to expand...

What are the terms of the bond mate?
 
Status
Not open for further replies.
Back
Top