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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 5:56 pm to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68536 posts
Posted on 2/12/24 at 5:56 pm to
quote:

Whataboutism If you can’t respond without deflecting to something else you’re essentially admitting defeat already.


Typical response.

I’m going to throne stones, but no one look at me. I’m perfect.


Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 posts
Posted on 2/12/24 at 6:08 pm to
quote:

So what exactly are you angry about?


Who said I was angry?
Posted by Broski
Member since Jun 2011
70855 posts
Posted on 2/12/24 at 6:19 pm to
quote:

Who said I was angry?


Your actions in this thread.

But if you want to play the denial game, cool.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 posts
Posted on 2/12/24 at 6:50 pm to
quote:

Your actions in this thread.


lol like I threw a brick through someone’s window

Some of yalls feeling ever hurt way too easily
Posted by Broski
Member since Jun 2011
70855 posts
Posted on 2/12/24 at 6:51 pm to
Now you're just deflecting... ironic, no?
Posted by Zzyzx
Member since Nov 2018
1876 posts
Posted on 2/12/24 at 6:55 pm to
They’re a league 2 team
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 posts
Posted on 2/12/24 at 9:53 pm to
Hilariously wrong

Again

Posted by Broski
Member since Jun 2011
70855 posts
Posted on 2/12/24 at 10:11 pm to
Back to the topic, what is your problem with what's happening here?
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 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 cwil177
Baton Rouge
Member since Jun 2011
28429 posts
Posted on 2/12/24 at 10:49 pm to
quote:

Bad look

quote:

You’re projecting again

The irony
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 posts
Posted on 2/12/24 at 10:51 pm to
Speaking of Arsenal/Chelsea fans
Posted by Broski
Member since Jun 2011
70855 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
20804 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
87430 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.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84839 posts
Posted on 3/2/24 at 5:25 pm to
quote:

but you've just ignored those


Which ones? I’ll be happy to answer them

Even MIKE ASHLEY didn’t charge interest, much less at 150% of the base rate
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/6/24 at 7:33 pm to
I’m not really seeing an issue here. The scumminess of the rate, should be based on its value they get in return. Like a lower rate in one situation could be scummier than a higher rate in another.

It’s like that one quant hedge fund that has had outrageously positive rates of returns for decades, so they charge extremely high fees. But even after fees, clients get a better rate of return the vast majority of other hedge funds, before fees. So their fees aren’t scummy.
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
66920 posts
Posted on 3/13/24 at 5:14 am to
quote:

don’t act


They’re actors
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