quote:
I just don't see that as the same kind of dangerous activity as what was going on at those clubs in terms of moving money around and financing huge transfer fees over long periods with big interest accrued.

Just a simple wage bill is going to be covered by any owner and a new owner will have access to those numbers before they come on board. They won't be shocked to find that YaYa makes 250k a week or whatever. It's public knowledge.

A club like City just does not bring in enough to sustain their habits, if it was sold. It wouldn't have no where near the sponsorship money if its owner didn't have ties to Etihad.

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Posted by Draconian Sanctions

Markey's bar

Member since Oct 2008

84893 posts

Posted on 5/18/15 at 11:37 am to StraightCashHomey21

quote:
A club like City just does not bring in enough to sustain their habits, if it was sold. It wouldn't have no where near the sponsorship money if its owner didn't have ties to Etihad.

Sure but you could let a player go on a free if you really had to get rid of those wages.

Again it's just not the same as well we paid 80 million on a transfer fee for this guy 3 years ago and that money was financed over 6 years at 7.5% a year and that debt isn't going anywhere and the new owner might not even know about it until it's too late.

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Posted by uway

Member since Sep 2004

33109 posts

Posted on 5/18/15 at 12:11 pm to StraightCashHomey21

quote:
A club like City just does not bring in enough to sustain their habits, if it was sold. It wouldn't have no where near the sponsorship money if its owner didn't have ties to Etihad.

I'm sorry but that's a ridiculous concern. No one will be forced to buy the club.

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