Quote from: BC Villain on May 22, 2019, 08:33:46 PMMaybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrivedDoes the change of ownership not nullify that deal? I hope so. Lerner deserves nothing.
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
Pretty sure that most clubs do as standard. Sure I read a while ago that even Arsenal have relegation clauses.
Quote from: Newby on May 22, 2019, 08:40:30 PMQuote from: BC Villain on May 22, 2019, 08:33:46 PMMaybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrivedDoes 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).
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
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.
Quote from: BC Villain on May 22, 2019, 08:58:00 PMQuote from: Newby on May 22, 2019, 08:40:30 PMQuote from: BC Villain on May 22, 2019, 08:33:46 PMMaybe slightly of topic, but big talk about Lerner receiving a pay out if we get promoted - think I heard about it when Xia arrivedDoes 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!!
Quote from: darren woolley on May 23, 2019, 04:42:11 PMWe 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.
Quote from: Ad@m on May 23, 2019, 07:57:53 PMThankfully 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!