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Would there be any chance he might buy newcastle out right instead of coming here
........................not quite as simple as that. If Usmanov comes in I reckon we'll still take the council loan and USM might facilitate the rest in the form of another loan . Rich people don't spend capital ,they always use other people's money .
Wouldn't this make us the second richest club (backing wise) in the premiership?
I also believe he couldn't sponsor the stadium or the training ground if he comes on-board, so maybe he will sit as a silent partner?
They should be able to get the loan for 1%+LIBOR (currently 0.8 for GBP 3m LIBOR) which is common terms for institutional investors. This is as long as the loan is secured against collateral. Given that UK interest rates aren't due to go much past 2% at their peak before falling again, then it is a good medium/long term business plan.
Yes, but fathead Ashley wants absolutely silly money for a no-mark club with no history.Nice stadium big mind.
Why is anyone so bothered?It's not like we can go out and spend £300 mill anyway because of FFP so what difference does it make?Moshiri has plenty of cash anyway I don't see the big deal, am I missing something?
It doesnt matter how rich someone is.You could have someone worth 100 billion and spend 1 billion over 5 years.Or someone worth a MEASELEY 3 billion and spend 2 billion over 2 years.The affluence is in the spending. So lets get 2 centre backs, a def mid, a world class striker and a proper pair of trainers.
If we get anywhere near 2% in the next 5 years then I'd be surprised if they fell again.In theory it sounds good though.Still not sure the club would get 1% above Libor, they're usually quite high risk, even with collateral and wealthy backers.If we're looking to borrow the money, then the best place (interest rate wise) will still be jumping in to bed with the Local Council.
BoE has said that they want to get to 2% by 2020 to normalise rates before loosening again, so you can only go on their guidance. With a tighening labour market, they will need to raise rates, but not too far given the UK consumers debt level.My clients with only £1m collateral in terms of securities (equities and bonds) obtain 1%+LIBOR, so whilst a bridging loan might be higher than this whilst the stadium is being built, Everton should be able to achieve very close to these terms once they have collateral and the stadium is built.
Not a chance Bascombe reports that without a from the club.Always thought usmanov was the man behind us since moshiri. Heís coming in sooner or later.
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