New owner


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What did he pay in the end? £12m at the beginning and rumoured to have put in a bit more? Wrecked us completely sold just about everything he could get away with and will double his money. Absolute arsehole
It basically amounts to him getting the price he paid for the club despite demonstrably devaluing it during his tenure - plus getting him out of the FPP loan consequence free. What a prick.
 
Just a pure assumption on my part but I would like to think that the £30 million is inclusive of the £11 million for the loan. No matter how much money he has I don't think he would have paid £41 million for 59% of a club in League 1
 
Just a pure assumption on my part but I would like to think that the £30 million is inclusive of the £11 million for the loan. No matter how much money he has I don't think he would have paid £41 million for 59% of a club in League 1
It’s incredibly galling that KLD would have to stump up for the loan. Remember that the loan was taken out and passed off as Donald repaying the parachute payments. Effectively KLD has funded two purchases of the club.
 
So if he has 59% and Sartori retains 20% Methven retains 5, then Donald retains 16. Is that correct ? Far better but our mission remains to get the southern opportunist blaggers out of our club.

I personally would settle for him not making any decisions about the running of the club.

I would like to think that better times for our club are inevitable and once we get to a decent championship position he will sell his shares.
 
OK so Dreyfus has put in £17.7m and £11m has immediately gone to pay off FPP loan? That leaves a net £6.7m that Donald can extract?

Bare in mind that the club will be losing money every week right now so KLD’s money is needed to keep the club afloat.
 
Does this include everything that the club owns?

SoL
AoL
Hotel
Other land?
Could be wrong but don’t think the club owns the hotel. Think short might have kept it actually
It basically amounts to him getting the price he paid for the club despite demonstrably devaluing it during his tenure - plus getting him out of the FPP loan consequence free. What a prick.
Yeah for now but by retaining his stake he gets a nice little earner at some point down the line as well. He’s going to be richer than he could ever have hoped to be by ruining us
 
that sounds about right and more in line with what I thought and posted above, slightly better in fact if the club as a whole is now valuedat 30 mill.That makes it 17.7 mill paid for 59% and Donald is paying the loan back.
This. It's the club that is valued at 30m. Donald will be getting about 18m.
 
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