West Ham sold

[bristolhammerfc]

[-DL-]

Hello old bean. you still near the top of the board? How about another scone?

[Bishy]

seeing this thread makes me feel all warm inside.

Good Times!

Suddenly being bottom of the league, 3 matches played 9 goals conceeded and only 1 scored, isn't so bad.

At least I still have you "For Sale" thread

[sicknote]

been a few references to the buy out on the stratford thread, so bringing this back up , as it was getting lost down the forum and didn't want it dissapearing, once we are all sold i guess it will go into the H of F

only reason for this is because some are saying we will see gold and sullivan spend big in january,iirc this they can only do by buying equivalent amounts of shares of the icelandics as they want to pump cash into the club, for some reason they cannot just lump money in as it breaches the conditions they bought the club under

[Trap1]

been a few references to the buy out on the stratford thread, so bringing this back up , as it was getting lost down the forum and didn't want it dissapearing, once we are all sold i guess it will go into the H of F

only reason for this is because some are saying we will see gold and sullivan spend big in january,iirc this they can only do by buying equivalent amounts of shares of the icelandics as they want to pump cash into the club, for some reason they cannot just lump money in as it breaches the conditions they bought the club under

I didn't think there was any restriction imposed on the owners. At present it doesn't make any sense for them to plough cash into the club other than the working capital that was originally injected in.

Whether we spend big or not depends on the same circumstances that were around in the summer. We ideally want to free up monies to fund two big signings - a striker and creative midfielder. These were what we wanted back a few months ago (of course may change).

Our stance on Parker meant that Cole and Behrami were the two most likely. Unfortunately for me neither happened!!!

i believe the end result will be next summer and a new foreign investor alongside the Dave's.

[BeastieBoy]

Since buying Man City those geezers have apparently spent £573m. Oh to be born in a privileged position in an oil-rich country. If you added up every transfer fee we have ever paid in our history it probably wouldn't come to that.

http://www.guardian.co.uk/football/2010 ... ester-city

[hadleighhammer]

i believe the end result will be next summer and a new foreign investor alongside the Dave's.

Should help fund our promotion charge.

[mickfbrown]

What I don't understand is to why the 2 Dave's don't just buy the rest of the club from Straumur ?

[BeastieBoy]

What I don't understand is to why the 2 Dave's don't just buy the rest of the club from Straumur ?

Because bank-to-bank the percentage which Straumur own has a preferential rate of interest on their share of the loans which we owe. If the Daves bought 100% then we would have to pay more in interest and we might find ourselves swamped. The Daves only bought enough so they could have a controlling interest. That's business.

[mickfbrown]

Because bank-to-bank the percentage which Straumur own has a preferential rate of interest on their share of the loans which we owe. If the Daves bought 100% then we would have to pay more in interest and we might find ourselves swamped. The Daves only bought enough so they could have a controlling interest. That's business.

That makes no sense, so why are they looking for investors to buy out stranmur ?

As as you say they would have to pay more interest ?