I think it’s separate tbh. My working theory is still King wants out in the not too distant future at a profit be it in the PL or as a club with its shit together on the brink.
I think it’s separate tbh. My working theory is still King wants out in the not too distant future at a profit be it in the PL or as a club with its shit together on the brink.
Well the amount he needs has risen by approximately £40m since the stadium purchase as he now needs that back. I think if he wanted out he wouldn’t have bought it (not sure it generates cash over renting anyway).
Well the amount he needs has risen by approximately £40m since the stadium purchase as he now needs that back. I think if he wanted out he wouldn’t have bought it (not sure it generates cash over renting anyway).
It’s an asset on the books and removes any uncertainty . Make more sense to be if you’re trying to package the club up that if you’re sticking about tbh. As you say I don’t expect to to be massively profitable from the off.
Well the amount he needs has risen by approximately £40m since the stadium purchase as he now needs that back. I think if he wanted out he wouldn’t have bought it (not sure it generates cash over renting anyway).
See I disagree with that. The club now is worth a hell of a lot more now than it was before he bought it. Remember the arena is mortgaged so King hasn’t shelled that out.
king has probably been on the hook for 25m maybe? (Fag packet maths) - the club is going to be worth at least double this now
I’ve always been of the opinion that buying the stadium was the last thing to achieve prior to selling up.
he may gamble and wait to see what happens at the end of this season to see what league we’re in but I don’t think king is here in 2 years