Jump to content

BRFCS

BY THE FANS, FOR THE FANS
SINCE 1996
Proudly partnered with TheTerraceStore.com

[Archived] Nicko's Thread

Brownie

Recommended Posts

  • Replies 9.9k
  • Created
  • Last Reply
philipl World Cup

philipl

Posted
Posted

The Citeh blue mooners will be over the proverbial as well...

What's he going to securitise with the Council having first bite (baht?) at the gate revenue to pay the rent for Eastlands?

Loved that line- "running a Premiership club is more expensive than I thought" :o

With the Thais having grabbed a cool billion or so of Thaksin assets and probably several hundred million playing hide and seek with the authorities and NOT available for Citeh as a result, Thaksin is probably sharing the same £180m which is being somewhat generally accepted as his (ie made before becoming PM) between Citeh, his lawyers and the housekeeping.

As Chesh explained, even a putative Rovers owner probably needs £500m he can call his own and Citeh have Sven to feed as well!

Of course, it could all be an act to avoid Citeh being ripped off when Sven goes to the January sales with the £40m in his back pocket which was the previous assumption.

Link to comment
Share on other sites
rovers1993 Premier League

rovers1993

Posted
Posted

thaksin still has more than a billion in other countries and the assest thailand siezed it nothing compared to what he has.

comparing to U.K.. he owns all the telephone network (Orange, MobileWorld etc.) and sells it for mega money thats why he has soo much.

Link to comment
Share on other sites
philipl World Cup

philipl

Posted
Posted
OK, for the numbskulls amongst us, exactly what does he mean by "securitising"?

Plus, I've never read that he has had a billion seized. That true?

Securitising = selling income from future predictable ticket sales to a third party for cash now

Leeds did it. And no doubt their failure has driven the price of securitisation for every other club looking to do the same thing except perhaps Man U.

By the look of things, Ridsdale might have tried to do it again at Cardiff until the Swiss Bank realised what they bought.

It is what the Glazers have done at OT which is why the ticket price rises there are pre-destined. It is all in the agreements with financiers.

Liverpool are going to do it. Everton probably have little choice so far as their new stadium is concerned.

Arsenal have retained all outward control over their ticket pricing and revenue although there is bound to be a lien over ticket sales in the event of dept repayment default.

As for Thaksin's accessible wealth, there are as many versions as there people trying to assess it. The operative word is accessible- with the Thais aided and abetted by UN agencies and interpol- I get the impression that the amount of his money that can move under his control and be spent in the UK without risk of impounding is pretty limited.

No doubt Thaksin thought he would be able to fashion all kinds of creative deals which could turn secret offshore funds into highly salaried Man City personnel but any hint of something like that now would immediately attract Nicko's chums to go sniffing with the risk to his continued UK domicile if it got smelly enough.

This is almost certainly what lies behind those quotes about English Premier League soccer being more expensive than expected. I would re-read that as Thaksin saying: "I thought my British Virgin Islands Trust could move funds through my Uruguyan holding company to buy Elano who in turn would be employed by my Panamanian company paying his Honduran Investment Corporation. But instead I find out Jon Arne Riise pays the thick end of £70K a month to the Inland Revenue and I now know my players are no different as there is no safe way of tax evasion here in the UK.. I wish football was as simple as it is in Thailand."

Link to comment
Share on other sites
nicko World Cup

nicko

Posted
Posted

Unashamed plug department.

I'm going to name the dream target for January...who, how and why...in the Sunday People.

The chances of pulling it off are greater than I thought at first, but it will depend on the fee, somebody leaving and the player wanting to come.

However it's a live one and very interesting.

No more clues. You never know who's watching.

Link to comment
Share on other sites
RevidgeBlue World Cup

RevidgeBlue

Posted
Posted
I'm going to name the dream target for January...who, how and why...in the Sunday People.

The chances of pulling it off are greater than I thought at first, but it will depend on the fee, somebody leaving and the player wanting to come.

Mrs White in the library with the candlestick. :)

Let's get the ball rolling with a gentle starter for ten. This is a potential signing not a departure? ;)

Link to comment
Share on other sites
RevidgeBlue World Cup

RevidgeBlue

Posted
Posted
Dream target..... would it be seen as a dream from a fans perspective.

Midfielder I presume?

My thinking was that if it is such a high profile target it's probably a striker as they attract the most interest.

Player out, Roberts or McCarthy, but again if it's such a dream name, he would presumably attract a big fee and McCarthy would probably have to be the one to be leaving to balance the books.

My next thought was that we'll probably get all excited and nothing whatsoever will come of it. :P

Link to comment
Share on other sites
nicko World Cup

nicko

Posted
Posted
Mrs White in the library with the candlestick. :)

NO AND NO.

Let's get the ball rolling with a gentle starter for ten. This is a potential signing not a departure? ;)

IT'S A SIGNING, BUT IT WOULD NEED A DEPARTURE TO FINANCE IT...AND THAT REALLY IS THE FINAL CLUE.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

Announcements

  • You can now add BlueSky, Mastodon and X accounts to your BRFCS Profile.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.