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NUFC Sportswashing 2022

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Mackem2017 said:
She’s took a £10m loan from Ashley and £30m loan from the Reuben’s to buy 10% she hasn’t got a pot to piss in :lol:. She won’t be there long and it’s going to get messy can’t wait.
Aye because she’s had great success with her court cases so far :lol:

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Can only assume she's relying on the PL money to pay it back, how else does she get a return on her investment?
 
Church said:
OMG. I never imagined for a second that she'd borrowed money to buy her stake the club, and to do it partially from Mike Ashley is bonkers.

Football shithousery never stops surprising me.

Can see why she's sinking further into her seat every time they lose....
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This is why I am absolutely convinced they will flip the club in 5 years or so?!

Why else borrow 30m (she also needs to borrow if there is any new equity to keep her 10%) if there is no end game? She isn't wealthy enough to not notice 30m and dally a little in the football business. There has to be a sale further down the line else it is pointless?
Church said:
Can only assume she's relying on the PL money to pay it back, how else does she get a return on her investment?
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She's a 10% owner....she can't just take money out of the club unless via dividends (which they all would receive as all hold same class of shares). Besides they way they are trying to spend they will need to put money into the club not take it out. It barely turned a profit as it was.
 
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Peegee said:
Surely if there were conditions and clauses that needed to be met and respected for the £10m loan to go ahead and she hasn’t done that then she doesn’t have a leg to stand on legally?
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MA has form for winning his court cases....
jlaws said:
This is why I am absolutely convinced they will flip the club in 5 years or so?!

Why else borrow 30m (she also needs to borrow if there is any new equity to keep her 10%) if there is no end game? She isn't wealthy enough to not notice 30m and dally a little in the football business. There has to be a sale further down the line else it is pointless?


She's a 10% owner....she can't just take money out of the club unless via dividends (which they all would receive as all hold same class of shares). Besides they way they are trying to spend they will need to put money into the club not take it out. It barely turned a profit as it was.
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Makes sense 👍
 
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