Search results

The reason I said it didn't matter is precisely because the owner who makes a loan can convert it to equity whenever he wants. It doesn't matter because the guy has more money than just about anyone on earth. He can classify it any way he wants and deal with the tax ramifications (whatever...

For those of you concerned with whether things are classified as loan or equity. If the owner here is the one making the loan it is by and large completely meaningless. The owner can convert the loan into equity at any time. Where debt gets you in trouble is when you have a lot of it and it...

Football as a business is awful. And the owners knew it when they bought the club. This is fun for them, not a livelihood. Relax. The club isn't 700 million in debt.

Hughes didn't get the policy spot on because no manager gets it spot on. He made mistakes and he made some great moves. I have no problem bringing in a couple of old timers on short term deals. Viera and, if he had said yes, Veron are short timers designed to just shore up the squad and add...

I wouldn't want to give them a single pound for any of their players. Why help them pay off their debt in any way?

Top 4.

Place seats 75,000. I have no idea what the average ticket costs there. If it was 50 on average that gets you pretty close to 4 million. Sell some food and drink and trinkets and you are over it pretty easy. Not sure what the place costs to run for a game.

You are right that it isn't great for them. But the article says that back in the fall there was real public concern the debt wouldn't be serviced. So the debt traded way down. Now there's signs of a deal and the debt is trading up. If anything the article is all bad news because the main...

While it would be wonderful if it did, that article really doesn't sound all that ominous. There looking to lower the interest rate and everything else in there just says they should monetize receivables (at a discount as that's how it works) to get the debt burden to a lower level. That would...

So far as I can tell the kerfuffle is nothing more than a tiny bump in a long road

Bingo. Nigel is a very good passer and possession player. Barry, the same. Loved seeing them out there with Ireland playing centrally to drive chances. Solid, solid lineup.

Of course he'll celebrate. He said he'll celebrate if he scores. He's a man of his word. So if he scores, he'll celebrate. Peace out peeps. It's in the bag. He scores he dances. That simple.

I think the rumors of their demise are way overblown. Too much history and tradition. Big stadium. Massive fanbase globally. They'll always be competing for trophies. They won't dominate. But they'll always compete.

Bond issuances rarely have any significant covenants about what the issuer can and cannot do. And the idea of a convertible bond in this setting is low. Man Utd. isn't publicly traded. So why would anyone want to convert into an illiquid security? Most likely they are just looking to lower...

Can someone post a video of what he did?

He did that dance in the Copa Libertadores semi-final against River Plate. The game was tied late, a two legged game that was tied 1-1 at the time That goal gave Boca the lead. River then scored in the very last second to tie it up again. Boca went on to win in penalties. River are called...

His name is Juan Manuel Pons. He is known as Bambino Pons in South America. He's been doing this for years. Here is one for Ireland. To translate he says roughly "For City it was from Steven. He scored it, he scored it, Ireland. This Irishman is [inaudible]. Na, Na, Na, Na na na, na na na...

Like a lot of people in South America, he's a huge fan of cumbia music. That actually comes from Colombia, not Argentina. He used to really dance after goals when he was in Argentina and Brazil. This isn't much of a tribute or a dance. He may up the ante soon. Just keep scoring goals...

He has another one to the tune of Obla di obla da. Carlitos, carlitos, carlitossss, la, la, la, la, la, la la.

Tactically he is a quantum leap forward. The fact he is demanding the ball get played on the ground is great progress given the personnel on hand. The best teams don't play the old heave and hope. Drove me crazy with Hughes. You've got the personnel to make a lot of teams chase so go ahead...