Article on MSD Capital
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Re: Article on MSD Capital
This is the 3rd thread this story has appeared on since last night - all a bit strange they are a lender that has secured physical assets against a loan, they have no boardroom/team influence or club shares as security. they could theoretically force a sale of a player if loans were called in or payments lapsed, which does not given them control over a club, that would be of more interest from the prospect of gambling fraud if unusual patterns/markets developed - again not something the Dell family is interested in. Who else do you know is currently make 9%+ financial returns out of football (remembering that Dell is lending his own money, not money borrowed from anyone else)
This user liked this post: KateR
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Re: Article on MSD Capital
Another old story that the same publication must have used up to ten times now
Re: Article on MSD Capital
it is the knock on effect of taking ownership, if you don't want a football team but want your money you sell, if a club were to lose an asset the board would be forced into raising funds to pay lenders by any means possible, including and most probably easiest is selling players, it's a slippery slope when you get to that point, a very slippery slope most don't crawl or hang on to.