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Author Topic: The money  (Read 7675 times)

Offline BC Villain

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Re: The money
« Reply #30 on: May 22, 2019, 08:58:00 PM »
Maybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrived

Does the change of ownership not nullify that deal?  I hope so.  Lerner deserves nothing.

From what I've seen then no, Sawiris and Edens may have to foot most of it (presumably they knew when they bought the club off Xia, unless it's another nasty surprise he left behind).
« Last Edit: May 22, 2019, 09:05:47 PM by BC Villain »

Offline Dante Lavelli

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Re: The money
« Reply #31 on: May 22, 2019, 09:19:57 PM »
My guess is that the obligation to pay randy was factored into the purchase price, otherwise I cannot fathom how one “Zaha” is being valued at more than an entire club, let alone Aston Villa.

Offline Andy_Lochhead_in_the_air

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Re: The money
« Reply #32 on: May 22, 2019, 11:15:44 PM »
Pretty sure that most clubs do as standard. Sure I read a while ago that even Arsenal have relegation clauses.

Arsenal getting relegated ? What a beautiful thought.

Offline exigo

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Re: The money
« Reply #33 on: May 23, 2019, 01:27:28 PM »
Maybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrived

Does the change of ownership not nullify that deal?  I hope so.  Lerner deserves nothing.

From what I've seen then no, Sawiris and Edens may have to foot most of it (presumably they knew when they bought the club off Xia, unless it's another nasty surprise he left behind).

There may be some financial chicanery around this. The club's name has changed at Companies House, and it will depend if it was/is Recon who would owe that money. If it is, then Doctor Tony might end up with a bill he can't afford, or struggles to pay.

Offline PeterWithesShin

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Re: The money
« Reply #34 on: May 23, 2019, 03:24:28 PM »
May as well put this here. Article in The Guardian showing the finances of the top flight clubs for the 2017/18 season. Brighton owe their owner £223m. Chelsea just the £1.25bn to Abramovich.

Premier League finances

Online Sexual Ealing

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Re: The money
« Reply #35 on: May 23, 2019, 03:40:19 PM »
May as well put this here. Article in The Guardian showing the finances of the top flight clubs for the 2017/18 season. Brighton owe their owner £223m. Chelsea just the £1.25bn to Abramovich.

Premier League finances

I'd rather buy the DUP. Similar politics to Chelsea, and just as ugly, but at least I'd have a couple of hundred million left over to weigh me down when I jumped off a very high bridge.

Online Toronto Villa

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Re: The money
« Reply #36 on: May 23, 2019, 04:00:08 PM »
May as well put this here. Article in The Guardian showing the finances of the top flight clubs for the 2017/18 season. Brighton owe their owner £223m. Chelsea just the £1.25bn to Abramovich.

Premier League finances

That's from 2017/18 so you have to imagine Spurs are in for a lot more post stadium. Didn't it cost north of 1bn?

Offline darren woolley

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Re: The money
« Reply #37 on: May 23, 2019, 04:42:11 PM »
We really need to get promotion on Monday the money on offer in the Premier League is obscene and that's what we need an obscene amount of money that goes with being in there.

Online AV82EC

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Re: The money
« Reply #38 on: May 23, 2019, 04:43:53 PM »
We really need to get promotion on Monday the money on offer in the Premier League is obscene and that's what we need an obscene amount of money that goes with being in there.

That added to the obscene wealth of our owners feels like a good match.

Offline Ad@m

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  • Posts: 12563
  • GM : 23.03.2023
Re: The money
« Reply #39 on: May 23, 2019, 07:57:53 PM »
Maybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrived

Does the change of ownership not nullify that deal?  I hope so.  Lerner deserves nothing.

From what I've seen then no, Sawiris and Edens may have to foot most of it (presumably they knew when they bought the club off Xia, unless it's another nasty surprise he left behind).

There may be some financial chicanery around this. The club's name has changed at Companies House, and it will depend if it was/is Recon who would owe that money. If it is, then Doctor Tony might end up with a bill he can't afford, or struggles to pay.

Thankfully you can't get rid of a company's liabilities by changing it's name or Randy might still own us!!

Offline Risso

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Re: The money
« Reply #40 on: May 23, 2019, 08:13:44 PM »

Thankfully you can't get rid of a company's liabilities by changing it's name or Randy might still own us!!

How ace would that be!

Offline eamonn

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Re: The money
« Reply #41 on: May 23, 2019, 09:10:55 PM »
We really need to get promotion on Monday the money on offer in the Premier League is obscene and that's what we need an obscene amount of money that goes with being in there.

That added to the obscene wealth of our owners feels like a good match.

Luvvly football.

Offline KevinGage

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Re: The money
« Reply #42 on: May 23, 2019, 09:53:54 PM »
Sure I read at one stage that a deal in place where Lerner would get a bigger percentage only if we went up within two years. So maybe last year was all part of a plan.

Offline Richard E

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Re: The money
« Reply #43 on: May 23, 2019, 09:55:48 PM »

Thankfully you can't get rid of a company's liabilities by changing it's name or Randy might still own us!!

How ace would that be!

You could change your name to something like ‘Sod The Creditors We’re Off The Hook Limited.’

Online kippaxvilla2

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Re: The money
« Reply #44 on: May 24, 2019, 05:16:28 PM »
If Jack has a release clause we should ensure there is a bidding war.

 


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