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Roma was all about price.
With us it is unclear if the source of funds 777 used to give us loans was legally obtained (double pledging assets, money-laundering anllegations etc.). The US courts are involved, the insurance regulator of A-Cap is involved, the US tax authorities have a long-standing 777 interest and it is not a stretch to assume US police authorities/FBI will be keeping a watching brief as more skeletons fall out of more closets.
That is a world of hell no US based company would feel comfortable getting dragged into IMO (nor any global ones with US operations). This is why I suspect the rumoured Dell funding to Bell/Downing will also evaporate. You just do not want to get embroiled with US financial and legal authorities who can be slow to get moving but once engaged tend to be brutal.
I would not be sleeping at night if I was Moshiri with a pissed off oligarch owed money on one side and the might of US fiscal, law enforcement and regulatory authorities on the other.
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....temporarily as Friedkin group wanted to renegotiate the price due to the pandemic.
https://www.ft.com/content/6b11df5e-54bd-468f-bf31-2d595ac5cac0 Previous Message
The club is solvent (just about - stadium and other assets are worth more than our debts)
We're liquid, having just received Friedkin working capital
Onana and Sky money are upcoming incomings.
more below.
Myers, Bould etc are briefing that this is a long term issue, and doesn't impact current transfer plans. "Business as usual". Maybe they're just useful fools though.
p.s. Apparently Friedkin pulled out of the Roma deal before that went through. Previous MessagePrevious Message
Legal processes are often mad. Of course we could make a counter suit on that but with more uncertainty and no guarantees. Previous Message
seems a bit mad
we cant pay the loan off even if the money is there to do so ?
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on July 19, 2024, 3:42 pm, in reply to "