Watford takeover (1 Viewer)

edgy

Well-Known Member

• Apr 1, 2011

• #1

http://www.skysports.com/story/0,19528,12040_6846976,00.html

£440000 for just over 50%? Bloody cheap...... I might get meself one of these football clubs.

 

Nick

Administrator

• Apr 1, 2011

• #2

That means it is worth less than a mill? How does that work if a player is worth more than the club?

 

edgy

Well-Known Member

• Apr 1, 2011

• #3

Unless there are hidden debts.......

 

Nick

Administrator

• Apr 1, 2011

• #4

True...

Paying half a mill for shed loads of debt

 

T

tippex9

New Member

• Apr 1, 2011

• #5

And the buyer has changed the spelling of his name because he was made bankrupt previously! Oh dear

 

Disorganised1

New Member

• Apr 2, 2011

• #6

tippex9 said:

And the buyer has changed the spelling of his name because he was made bankrupt previously! Oh dear

Click to expand...

Yeah - we're so much better off.

 

W

WFC4EVER

New Member

• Apr 2, 2011

• #7

edgy said:

Unless there are hidden debts.......

Click to expand...

It seems they are borrowing money to pay off the debts...