| Funny how the bottom 2 clubs are both owned by American hedge fund managers 20:19 - Nov 18 with 6090 views | MyFinalHeaven |
19. Swansea City - Kaplan/Levien
20. Crystal Palace - Harris/Blitzer
Who knew running a football club wasn't like owning a stock and you can't just sit on it, wait for it to increase in value, and then sell for a profit. Unfortunately this is exactly what our current owners thought. I have it on good knowledge that both Jason Levien and Steve Kaplan thought they could just waltz in, let their "brilliant football mind" Jenkins (as Levien called him) handle everything, and then sell for a nifty profit in 5 years--though they were hoping for less. In their minds they thought they had an easy, short-term flip on their hands.
This is what happens when your club gets bought by vulture, I mean venture capitalists. The treat football clubs like they're a private equity security and think you can somehow get by by investing fvck all.
It'll hurt if we go down--something that's looking more and more likely by the minute--but if there's one consolation it's that these bloodsuckers will not get to realize their goal of selling us for profit. Rather, and even better, they'll have a catastrophic loss on their hands, one that will be rapidly depreciating. The amount in value that a club loses from getting relegated is impossible to overstate. |  |
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| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 09:30 - Nov 20 with 1317 views | Loyal |
| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 20:32 - Nov 18 by Concerned_Parent |
Not at all. At the moment they've made nothing, and they've spent nothing, which was and still is the plan. They were going to put in ₤0 after buying the club and let the global TV and sponsorship deals increase our value until selling us for a profit.
At the moment they're probably talking with their lawyers to see how much of the parachute payments they can embezzle. Current rules stipulate that regulated clubs get ₤90m over 3 years. It'll be the only way they'll recoup some of the cost from buying us. If we go down there is no way in hell they're going to put in some money to try and get us back up. Hedge fund managers cut their losses on rapidly depreciating assets and sell, not put in money to make some back. |
If they have made nothing where is the 68 million from gylfi and llorente factored in ? |  |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | | Poll: | Who should be Swansea number 1 |
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| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 09:35 - Nov 20 with 1312 views | Loyal |
| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 01:43 - Nov 20 by thereisnospoon |
Through what though? Have they embezzled money from the club's coffers? |
As I have said how can they be breaking even if an unplanned 68 million is in the bank ? And it is banked as the delays centred around payment in full. | |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | | Poll: | Who should be Swansea number 1 |
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| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 18:00 - Nov 20 with 1238 views | thereisnospoon |
| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 09:30 - Nov 20 by Loyal |
If they have made nothing where is the 68 million from gylfi and llorente factored in ? |
So they just pocketed the money from the sales of Siggy and Llorente while the Trust stood idly by? That's outrageous. |  | | |
| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 12:26 - Nov 21 with 1181 views | MyFinalHeaven |
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| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 14:52 - Nov 25 with 1101 views | thereisnospoon |
| Funny how the bottom 2 clubs are both owned by American hedge fund managers on 16:36 - Nov 19 by thereisnospoon |
Anyone in the know willing to shed light on whether the Yanks have made any money or not? Anyone in the trust or was recently part of the trust? Ux, Phil? I'd love to hear your thoughts. |
Still waiting for an answer. | | | |
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