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re: Ryan and Mac charging Wrexham 9% a year on the money they put into the club

Posted on 2/12/24 at 10:44 pm to
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84927 posts
Posted on 2/12/24 at 10:44 pm to
You want me to restate my OP?

Are you intentionally trying to muddy the waters or what?

Just going to assume you’re an Arsenal or Chelsea fan.
This post was edited on 2/12/24 at 10:46 pm
Posted by Broski
Member since Jun 2011
71739 posts
Posted on 2/12/24 at 11:08 pm to
quote:

You want me to restate my OP?



No, that wouldn't do any good since what you said doesn't make a lot of sense. I was hoping you'd be able to better explain your issue with it, but you're proving to be kinda slow.

quote:


Are you intentionally trying to muddy the waters or what?

Just going to assume you’re an Arsenal or Chelsea fan.


MOAR DEFLECTIONS!!!
This post was edited on 2/12/24 at 11:09 pm
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20974 posts
Posted on 2/13/24 at 11:24 am to
quote:

You want me to restate my OP?


No? We've asked follow up questions so that you could clarify why you think there is an issue with Wrexham's situation, but you've just ignored those. You are either ignorant of all the details of their situation, or are willfully ignoring those details so that you can have some "hot take."

So what are we all missing here? You say that Ryan and Mac are "scummy" for charging a higher interest rate than most, yet blatantly ignore that they are doing significantly more for the club than simply just loaning them money...
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87565 posts
Posted on 2/13/24 at 11:35 am to
quote:

Just going to assume you’re an Arsenal or Chelsea fan.


WTF? we dont have anything to do with this stupid thread

Wrexham owners didnt have to sell to the Americans

I am sure the loan is a tax strategy thing for them

ticket sales go up, club merch sales explode, club value goes up and instead of taking profits from club balance sheet components my guess is they are keeping the increased profits in the club balance sheet and just taking a higher interest rate on their loan to the club.
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