Watford takeover (1 Viewer)

[edgy]

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]

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

 

[edgy]

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

 

[Nick]

True...

Paying half a mill for shed loads of debt

 

[tippex9]

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

 

[Disorganised1]

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

Yeah - we're so much better off.

 

[WFC4EVER]

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

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