Times Online are reporting that Stan the man has yet to pay for 50% of his shares, makes interesting reading........

yeah but at least we know he CAN

Unfortunately, rather like at Liverpool, the result of having people like this running your club, is that you end up in the sports pages for the wrong reasons.

He does not have the money, and must get debt finance to find it. In a worldwide recession where debt finance is very expensive. Anyway, the board invited him in, so they must be prepared to wait for their cash....

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yeah but at least we know he CAN

Do we?! Gillett and Hicks said they could afford to build a new Anfield.

Isn't that what the Glazers did? Agreed to buy the club then used it to raise the money to pay for it?

I don't know if Kroenke has the money or not but if its a similar scenario then it makes the pro Kroenke brigade even harder to figure out.

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it makes the pro Kroenke brigade even harder to figure out.

Most of the pro-Kroenke brigade have little idea about the mechanics of financing these sort of things, they just see "but we can buy Kaka and pay Eboue 200k a week, and not get left behind..."

I've always said, if we MUST get a foreign takeover, get an arab sheikh or oligarch with cash to burn, not someone that needs to borrow up to their eyeballs. Banks don't just write off debts, they repossess stadiums.

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Banks don't just write off debts

No, they tranfer it to the tax payer, who foots the bill and gets the good news they can work an extra year! you couldnt make it up.....

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Banks don't just write off debts

They have been..

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They have been.

Not when there is land in Islington worth multi millions they wouldn't though... only problem is it has a stadium on it... but that could be knocked down couldn't it?

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No, they tranfer it to the tax payer, who foots the bill and gets the good news they can work an extra year! you couldnt make it up.....

Illegal wars are not cheap you know.

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I've always said, if we MUST get a foreign takeover, get an arab sheikh or oligarch with cash to burn

I`m not sure about them either what about the Portsmouth Arab who had to sell the Club on as he couldn`t raise the cash.
Man City fans are wetting themselves with glee that their Sheikh is providing unlimited funds as a gift and they have no debt but they have a net debt of nearly £140m.
If it`s true about Kroenke not being able to pay ths full amount for the shares he purchased then thats cause for concern

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Illegal wars are not cheap you know.

I hear there's good profit margins though

Plus you can get yourself a nice peace prize or two.......

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I hear there's good profit margins though

Especially for American businesses

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Man City fans are wetting themselves with glee that their Sheikh is providing unlimited funds as a gift and they have no debt but they have a net debt of nearly £140m

Yeah they have a net debt, but its unlikely that the sheikh doesn't ahve the cash. We can see at Liverpool thats not always the case.

Don't misunderstand me here. I'm totally against a takeover, I don't want any more debt.

But if people really want higher transfer fees and higher wages, but NOT higher ticket prices, someone will need to pay for it, somewhere.

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Especially for American businesses

All the major powers are involved, you can be sure of that.....