Gaylord du Bois
Well-Known Member
- Joined
- 16 Aug 2010
- Messages
- 30,099
- Location
- Great Umbrage.
- Team supported
- Glory Hunting Blue. Was Chelsea.
Are you Ed Woodward?That’s not how it works.
JP Morgan agrees to secure funding for the SL. They will not be providing funding from their own coffers, instead they act as an advisor. They provide marketing and lending expertise, securitization advisory (loans vs bonds vs stocks etc) as well as a large contact list of institutional lenders like insurance companies, asset managers and hedge funds that would be potentially interested in buying the securities marketed by JP Morgan.
Since the project fell apart, there will be no funds since nobody is interested in lending money to de-facto bankrupt clubs.
Though I do not speak for JP Morgan, I work there, though not on this project nor did I know about it. On Monday I let my boss know I will be leaving before the end of the year.
Gross debt of over €1 bn.Can’t afford to the release clause, probably.
Whiff of desperation. They’re really going to push for this.
When is his next TV interview? Can’t wait, I’ve got the choc ices and popcorn inGiven Perez's responses so far I'd seriously consider the latter. If I was a friend or relative I'd have serious concerns over his mental welfare.
Ewar WoowarAre you Ed Woodward?
;)
His name's Perez, not Toure.Smacks of the greedy bastard wanting his cake and eating it.
I didn’t see the match but a friend who is a Villa fan did. When we started talking about recent events he basically said -
“I wish your lot would just fuck off to a Super League. You’re playing the game at a level we’ve never seen before and we cannot dream to match. It was embarrassing, it was men against boys.”
Hadn’t thought about it like that before.
That’s not how it works.
JP Morgan agrees to secure funding for the SL. They will not be providing funding from their own coffers, instead they act as an advisor. They provide marketing and lending expertise, securitization advisory (loans vs bonds vs stocks etc) as well as a large contact list of institutional lenders like insurance companies, asset managers and hedge funds that would be potentially interested in buying the securities marketed by JP Morgan.
Since the project fell apart, there will be no funds since nobody is interested in lending money to de-facto bankrupt clubs.
Though I do not speak for JP Morgan, I work there, though not on this project nor did I know about it. On Monday I let my boss know I will be leaving before the end of the year.
There must be some leverage somewhere in retaining the Superleague label. Is it some sort of accounting dodge that provides extra value in their books? Or can they use it as a way of borrowing more money or buying themselves some time in their bid to stave off their creditors? It does seem very strange that they are adamant they are staying in the ESL.They're after something, no smoke without fire...or they're just off their rockers.
Villa once won 5 league titles in 7 yearsI didn’t see the match but a friend who is a Villa fan did. When we started talking about recent events he basically said -
“I wish your lot would just fuck off to a Super League. You’re playing the game at a level we’ve never seen before and we cannot dream to match. It was embarrassing, it was men against boys.”
Hadn’t thought about it like that before.
The JPM; corporate credit is about as much as I will say.You part of the JPM or the C ?
The JPM; corporate credit is about as much as I will say.
I said this in 1993. Better off without the top when you can't compete.I didn’t see the match but a friend who is a Villa fan did. When we started talking about recent events he basically said -
“I wish your lot would just fuck off to a Super League. You’re playing the game at a level we’ve never seen before and we cannot dream to match. It was embarrassing, it was men against boys.”
Hadn’t thought about it like that before.
I didn’t see the match but a friend who is a Villa fan did. When we started talking about recent events he basically said -
“I wish your lot would just fuck off to a Super League. You’re playing the game at a level we’ve never seen before and we cannot dream to match. It was embarrassing, it was men against boys.”
Hadn’t thought about it like that before.
They have to. La Liga is going to fuck all three of them; HARD. Barca and Madrid have managed to secure special licensing agreements for themselves that the other clubs will likely look to end.There must be some leverage somewhere in retaining the Superleague label. Is it some sort of accounting dodge that provides extra value in their books? Or can they use it as a way of borrowing more money or buying themselves some time in their bid to stave off their creditors? It does seem very strange that they are adamant they are staying in the ESL.
Wasn’t Barca’s line that they would consult their fans?They have to. La Liga is going to fuck all three of them; HARD. Barca and Madrid have managed to secure special licensing agreements for themselves that the other clubs will likely look to end.
None of these owners thought this through very well, except the German and French clubs. The first question they should’ve asked is “What is the worst thing that can happen of we agree to do this?” The obvious answer is that it doesn’t work - FIFA and UEFA already said that they were not going to allow it. At the very least, they shouldve considered what could happen if they dug their heals in; and this is before we even get to the part about the fans.