nta786 Posted 4 January, 2022 Share Posted 4 January, 2022 10 minutes ago, trousers said: We've been taken over by someone who wants to run a self-sustaining football business.... haha sorry I meant of BBC Radio Solent's discussions and talks with Semmens. I've got a bastard meeting at 4:30 😐 Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, nta786 said: haha sorry I meant of BBC Radio Solent's discussions and talks with Semmens. I've got a bastard meeting at 4:30 😐 Are you Martin in disguise? Link to comment Share on other sites More sharing options...
CanadaSaint Posted 4 January, 2022 Share Posted 4 January, 2022 What I want to hear is that they've paid off the loan outright, if that's possible. That would transform the finances of the club, and pave the way for some quality signings - not necessarily paid transfers but free agents whose contracts have expired. Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 Woman presenter reads out two questions from twitter and Adam starts his response with "There wasn't really any plans, erm to both those twits..." bit harsh. 1 Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 ‘Maybe we can buy Broja’😁😁😁😁 1 1 Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: ‘Maybe we can buy Broja’😁😁😁😁 Yeah that gave me a twinge. Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: ‘Maybe we can buy Broja’😁😁😁😁 Go look at the transfer thread Link to comment Share on other sites More sharing options...
DT Posted 4 January, 2022 Share Posted 4 January, 2022 Ralph has experience of working at a Red Bull type club, says Blackmore. Interesting on the emerging franchise... Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 Blackmore suggests investment but not stupid investment 2 Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 Diana Ross now😂 Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: Diana Ross now😂 Not one of her best either 2 Link to comment Share on other sites More sharing options...
manji Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: Diana Ross now😂 It’s what the young kids listen to Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 Feels like this could be a chain reaction Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, maysie said: Feels like this could be a chain reaction 👍 Link to comment Share on other sites More sharing options...
manji Posted 4 January, 2022 Share Posted 4 January, 2022 (edited) People complain about this forum. Read the Echo comments thread or the retarded comments on Solent jeez Edited 4 January, 2022 by manji Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 21 minutes ago, maysie said: Adam stop punning you nobber Just now, maysie said: Feels like this could be a chain reaction Double standards. 1 3 Link to comment Share on other sites More sharing options...
Chez Posted 4 January, 2022 Share Posted 4 January, 2022 2 minutes ago, CanadaSaint said: What I want to hear is that they've paid off the loan outright, if that's possible. That would transform the finances of the club, and pave the way for some quality signings - not necessarily paid transfers but free agents whose contracts have expired. is there any reason the new owner would do that (pay the debt off, I mean) unless he had to? Id of thought he prefer to keep the £70m in his own pocket and let the club manage the repayments. I guess he could reduce the outgoings of the club, but that doesn't make him money for his extra £70m investment, which he could invest elsewhere. Link to comment Share on other sites More sharing options...
OldNick Posted 4 January, 2022 Share Posted 4 January, 2022 1 minute ago, Uncle Albert said: Diana Ross now😂 Im sure its going to be Cliff or Tommy Steele next 1 Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 Pop quiz - who wrote this and also provides backing vocals? Link to comment Share on other sites More sharing options...
Lighthouse Posted 4 January, 2022 Share Posted 4 January, 2022 I phoned my local pizzeria and asked for a thin and crusty Supreme. They sent Diana Ross. 2 Link to comment Share on other sites More sharing options...
macca155 Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, maysie said: Pop quiz - who wrote this and also provides backing vocals? Bee gees 1 Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Chez said: is there any reason the new owner would do that (pay the debt off, I mean) unless he had to? Id of thought he prefer to keep the £70m in his own pocket and let the club manage the repayments. I guess he could reduce the outgoings of the club, but that doesn't make him money for his extra £70m investment, which he could invest elsewhere. He could pay it off so the money is owed to him with the understanding that he'd make it back in any future sale. 2 Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, macca155 said: Bee gees 👍 Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 Fuck me it just gets worse Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: Fuck me it just gets worse Cheer up, everything sounds good to me with this news today! 1 Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Uncle Albert said: Fuck me it just gets worse Who the fuck is this? 1 Link to comment Share on other sites More sharing options...
Matthew Le God Posted 4 January, 2022 Share Posted 4 January, 2022 NBC putting a different value on the deal... Link to comment Share on other sites More sharing options...
manji Posted 4 January, 2022 Share Posted 4 January, 2022 Who listens to radio ? Someone else’s music choice , outdated news. Solent will be loving this 1 Link to comment Share on other sites More sharing options...
stknowle Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Toadhall Saint said: Who the fuck is this? Cabbage Garden Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Toadhall Saint said: Who the fuck is this? Unfortunately I know its Savage Garden, Affirmation Link to comment Share on other sites More sharing options...
Chez Posted 4 January, 2022 Share Posted 4 January, 2022 1 minute ago, Saint_clark said: He could pay it off so the money is owed to him with the understanding that he'd make it back in any future sale. but as an investor that just means he has £70m tied up making hi zero money. He may as well allow the club to retain the debt and then stick his £70m to good use - maybe as anther loan to the club or indeed to buy something else. Can't see him clearing the debt, but perhaps the finances peeps on here will be able to provide some input. I know jack. Link to comment Share on other sites More sharing options...
verlaine1979 Posted 4 January, 2022 Share Posted 4 January, 2022 4 minutes ago, Chez said: is there any reason the new owner would do that (pay the debt off, I mean) unless he had to? Id of thought he prefer to keep the £70m in his own pocket and let the club manage the repayments. I guess he could reduce the outgoings of the club, but that doesn't make him money for his extra £70m investment, which he could invest elsewhere. Only that it sounded like the club had to accept a punitively high interest rate to get the loan. A more stable owner might be able to self-finance, or at least refinance at a lower rate (which was about 9% I think). 3 Link to comment Share on other sites More sharing options...
Lighthouse Posted 4 January, 2022 Share Posted 4 January, 2022 Just now, Toadhall Saint said: Who the fuck is this? Are you talking about Uncle Albert or Savage Garden? Link to comment Share on other sites More sharing options...
TWar Posted 4 January, 2022 Share Posted 4 January, 2022 This song is awful Link to comment Share on other sites More sharing options...
AlexLaw76 Posted 4 January, 2022 Share Posted 4 January, 2022 Nick on the Ugly Inside is in full Gao defend mode - 😬 1 Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 Clear out your lugholes folks Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 4 January, 2022 Share Posted 4 January, 2022 2 minutes ago, maysie said: Unfortunately I know its Savage Garden, Affirmation Bloody awful 1 Link to comment Share on other sites More sharing options...
farawaysaint Posted 4 January, 2022 Share Posted 4 January, 2022 7 minutes ago, Chez said: is there any reason the new owner would do that (pay the debt off, I mean) unless he had to? Id of thought he prefer to keep the £70m in his own pocket and let the club manage the repayments. I guess he could reduce the outgoings of the club, but that doesn't make him money for his extra £70m investment, which he could invest elsewhere. It's pretty standard practice, 99% of our debt is shareholder debt. Would you sell the club without being paid back for your investment? This is also where the £250mi figure comes from I guess. Link to comment Share on other sites More sharing options...
CanadaSaint Posted 4 January, 2022 Share Posted 4 January, 2022 5 minutes ago, Chez said: is there any reason the new owner would do that (pay the debt off, I mean) unless he had to? Id of thought he prefer to keep the £70m in his own pocket and let the club manage the repayments. I guess he could reduce the outgoings of the club, but that doesn't make him money for his extra £70m investment, which he could invest elsewhere. From what I remember it was a high-risk interest rate - like 7.5%, which is way above regular corporate loan rates. That throttles the club's finances and probably plays (negatively) into the FFP equation. It also places major pressure on wage bill affordability which is why I mentioned free agents. But lenders don't usually let you pay out early without some penalties. 1 Link to comment Share on other sites More sharing options...
Uncle Albert Posted 4 January, 2022 Share Posted 4 January, 2022 Update- Semmens has a lot of history on the dating scene. 1 Link to comment Share on other sites More sharing options...
trousers Posted 4 January, 2022 Share Posted 4 January, 2022 Semmens: "There's a lot of very rich people out there looking to get involved in football clubs but without any plans. We didn't want one of those" Link to comment Share on other sites More sharing options...
Saint_clark Posted 4 January, 2022 Share Posted 4 January, 2022 2 minutes ago, Matthew Le God said: NBC putting a different value on the deal... Blimey, that is quite a difference. Link to comment Share on other sites More sharing options...
TWar Posted 4 January, 2022 Share Posted 4 January, 2022 Data based scouting. Get in haha 1 Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 Semmens confirming the red bull model basically Link to comment Share on other sites More sharing options...
Daft Kerplunk Posted 4 January, 2022 Share Posted 4 January, 2022 This is a ‘managing expectations’ interview from Semmens. All sounds lovely but no further money coming in. Interesting that he has just said that we see a way to build a network of clubs. Looks like Semmens has managed to get a role in the new business. Link to comment Share on other sites More sharing options...
trousers Posted 4 January, 2022 Share Posted 4 January, 2022 I think it's pretty clear from the Semmens interview that there isn't going to be any significant increase in 'off the shelf' player investment... Link to comment Share on other sites More sharing options...
SNSUN Posted 4 January, 2022 Share Posted 4 January, 2022 1 minute ago, trousers said: Semmens: "There's a lot of very rich people out there looking to get involved in football clubs but without any plans. We didn't want one of those" Sounds like a sneaky middle finger to the new Newcastle owners. Lovely. It definitely sounds like the new people have a plan to make us competitive (more so than we already are anyway). 2 Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 No leveraging and borrowing confirmed by Semmens. Whoop! 3 Link to comment Share on other sites More sharing options...
maysie Posted 4 January, 2022 Share Posted 4 January, 2022 (edited) 2 minutes ago, trousers said: I think it's pretty clear from the Semmens interview that there isn't going to be any significant increase in 'off the shelf' player investment... ,,,but it would be silly to say that in a transfer window to be honest Edited 4 January, 2022 by maysie 2 Link to comment Share on other sites More sharing options...
AlexLaw76 Posted 4 January, 2022 Share Posted 4 January, 2022 Martin and Adam say this.... Why this takeover? We have been at this a long time. Gao and Kat have allowed the team time to find the right new owners/solution and turn away the wrong option. Sports Republic have the same values for the long term for SFC. We are the right club to fit their strategy. Why are they right for us? It is hard to find good investors, lots of rich people out there. Some have good ideas who do not have the money. We wanted good people/good investors and we have that with these people. We were looking for experience in elite sports. Rasmus has that and believes in what we believe in. The other 2 have deep experience in investment in sport. We looked for an investment in the plan we all believe in. They are committed to that path. We need to develop young players like JwP and bring in the likes of Tino. Improve players like we have with Oriel. Sports Republic will make us do this better. This is a new business and want a network of clubs, they looked for us and we fit that model. They will bring new technologies and practices to make us better. Multi-club model will allow us to develop players better. Have they borrowed money / will money be leveraged? NO to both. That was a pre-requisite to this and they have brought their own money to buy the club. Do we know what formal positions the 3 will take up? Leadership at SFC not changed. They will be part of the ownership board and will work on the multi-club area What stature of future clubs in their portfolio? Early in its development. Way too early to discuss. All will sit in Sports Republic Will the club be more competitive in transfers? We have a strategic plan and they have bought into that. We are absolutely in a better position than we were yesterday. 8 Link to comment Share on other sites More sharing options...
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