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Author Topic: Bernstein and King Resign from the Board  (Read 167749 times)

Offline Des Little

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Re: Bernstein and King Resign from the Board
« Reply #300 on: April 18, 2016, 06:22:55 PM »
I feel like the fans should occupy the pitch on Saturday and hold up the game.

And get us points deducted next season? I'd rather we didn't

Offline Villafirst

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Re: Bernstein and King Resign from the Board
« Reply #301 on: April 18, 2016, 06:24:49 PM »
I think Lerner is skint.  That is what is behind all this.

A billionaire skint?

Online Mister E

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Re: Bernstein and King Resign from the Board
« Reply #302 on: April 18, 2016, 06:25:18 PM »
I think Lerner is skint.  That is what is behind all this.
Well, he may not be skint but the family Trust tightened the noose around his nuts, didn't they? I suspect his room for spending is seriously limited.
And it may be that his ability to sell the club to interested parties might also be cramped by the same Trust, which may be holding out for an unrealistic price. 
« Last Edit: April 18, 2016, 06:29:03 PM by Mister E »

Offline thick_mike

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Re: Bernstein and King Resign from the Board
« Reply #303 on: April 18, 2016, 06:26:27 PM »
I think Lerner is skint.  That is what is behind all this.

A billionaire skint?

It's the old joke...

It's easy to make a small fortune from football club ownership. You just have to start with a large fortune.

Offline brian green

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Re: Bernstein and King Resign from the Board
« Reply #304 on: April 18, 2016, 06:26:56 PM »
Yes, if his liabilities exceed his net worth it is what we call in the banking industry Arthur Wint.

Offline john2710

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Re: Bernstein and King Resign from the Board
« Reply #305 on: April 18, 2016, 06:27:07 PM »
One scenario could well be that negotiations to sell the club have reached an advanced stage where the prospective buyer insists on bringing in his own team, in which case if you're investing millions of pounds, this would not be unusual.

But why quit now and why intimate their hands were being tied. If new owners wanted their own people, they'd go when the new owners are announced. Going now forces Lerner into a corner, if there's a credible buyer sell NOW. Any delay just prolongs the damage being done by Lerner.

Offline A Northern Soul

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Re: Bernstein and King Resign from the Board
« Reply #306 on: April 18, 2016, 06:27:20 PM »
Well trodden ground I know but.....what is the clubs (reduced) value now? c£50m? 25,000 supporters buying a bond worth £2k each could buy him out. Those with more money or significant wealth could buy many more to generate a transfer fund. FFP means that there is no point in an endless pot of gold investor any more. Get the club in safe hands then sell on and get everyone their money back once everything is stabilised?! Probably crazy but worth a thought?

Offline Chico Hamilton III

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Re: Bernstein and King Resign from the Board
« Reply #307 on: April 18, 2016, 06:27:49 PM »
I feel like the fans should occupy the pitch on Saturday and hold up the game.

And get us points deducted next season? I'd rather we didn't

I'm all for it. A bIt of direct action. It's bound to happen in some form or another. I'd got for a pitch invasion at Arsenal. Get it abandoned.

Online Stu

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Re: Bernstein and King Resign from the Board
« Reply #308 on: April 18, 2016, 06:28:02 PM »
*sigh*


Offline AlexAlexCropley

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Re: Bernstein and King Resign from the Board
« Reply #309 on: April 18, 2016, 06:28:39 PM »
Lerner is already running to the underground elite bunkers leaving the poor saps to burn to a crisp.Thanks Randy

Offline saunders_heroes

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Re: Bernstein and King Resign from the Board
« Reply #310 on: April 18, 2016, 06:28:43 PM »
I don't want to sound ageist but do we really want a couple of 70 year olds making some fundamental decisions about the future of the club? They should have been non exec directors if any thing at all in the first place. I trust Bevington and Sir Brian. The news about sale is very hopeful as well.

Jesus wept, do you really believe what you've just written?

Offline Le Lapin

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Re: Bernstein and King Resign from the Board
« Reply #311 on: April 18, 2016, 06:29:15 PM »
Maybe their methods were not to Gabby's liking.

Offline manic-road

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Re: Bernstein and King Resign from the Board
« Reply #312 on: April 18, 2016, 06:29:24 PM »
I think Lerner is skint.  That is what is behind all this.

I think Lerner is a prick, That is what is behind all this.

Offline brian green

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Re: Bernstein and King Resign from the Board
« Reply #313 on: April 18, 2016, 06:29:50 PM »
Boracic lint.  See Maxwell, Robert.

Offline Chico Hamilton III

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Re: Bernstein and King Resign from the Board
« Reply #314 on: April 18, 2016, 06:30:16 PM »
I think Lerner is skint.  That is what is behind all this.

A billionaire skint?

His mother controls the family purse strings now, I'm told.

 


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