Enaglish Premier League 08/09
Aug 12th 2008, 8:51 am
#31
Hammer for Life
Joined: Oct 2007
Location: Too far away from Upton Park, for my liking !
Posts: 5,524
Re: Enaglish Premier League 08/09
Have been reading an article in the Times about Man City's owner and the real situation there.
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
Aug 12th 2008, 9:07 am
#32
BE Forum Addict
Thread Starter
Joined: Mar 2008
Posts: 1,238
Re: Enaglish Premier League 08/09
Have been reading an article in the Times about Man City's owner and the real situation there.
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
Tut Tut !
Aug 12th 2008, 9:08 am
#33
Truth is the safest lie.
Joined: Jul 2008
Location: @ the beach.
Posts: 7,243
Re: Enaglish Premier League 08/09
Aug 21st 2008, 2:45 am
#34
Just Joined
Joined: Aug 2008
Posts: 1
Re: Enaglish Premier League 08/09
Does anyone know where I can watch the EPL online?
Aug 21st 2008, 8:53 am
#35
Lost in BE Cyberspace
Joined: Jun 2007
Location: Dubai
Posts: 13,547
Re: Enaglish Premier League 08/09
Have been reading an article in the Times about Man City's owner and the real situation there.
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
Thaksin Shinawatra has £800M tied up in Bangkok that won’t be released whilst he's under investigation for land fraud during his tenure as Prime Minister.
Last month City's former chairman John Wardle lent the club £2M to pay players wages and Bills. He has subsequently been repaid in full however this glosses over what must be a dire cash flow problem.
Apparently mark Hughes has clashed with Paul Aldridge, City's Chief Operating Officer, over transfer funds. There is little in the pot.
It is also stated that City's £40M transfers last season were financed with only a fraction paid up front. City is having problems in servicing the subsequent debt. In addition the Jo deal has been funded in a similar way. Those deals alone means City owe £60M in outstanding transfer fees alone
Shinawatra was due in court in Bangkok yesterday but failed to appear and seeks asylum in Britain. His status as a fit and proper person to run a premiership club is in question.
It is highly possible that City could go the way of Leeds united if Shinawatra cannot access his funds and Mark Hughes, through no fault of his own, would very likely be out of a job.
For a long time now I’ve had the feeling that football cannot sustain the absurd, often obscene level of debt created by player and agent greed. The premiership is facing the very real prospect of humiliation if City succumb to cash flow pressures.
Interesting times ahead for Lionheart and his fellow Mancs !
City to go into administration and be deducted 10 points (hopefully)
as for the other bit.
EPL: Chelski (might change my mind on that if we sign a decent striker)
FA Cup: Spurs
Carling Cup : who cares?
Relegated: Fulham, WBA, Stoke
Champions League: Barcelona
hope I'm wrong on the EPL, Champions League and FA Cup. Time we had another treble
Aug 21st 2008, 9:29 am
#36
Hammer for Life
Joined: Oct 2007
Location: Too far away from Upton Park, for my liking !
Posts: 5,524
Sep 1st 2008, 9:46 am
#37
Hammer for Life
Joined: Oct 2007
Location: Too far away from Upton Park, for my liking !
Posts: 5,524
Re: Enaglish Premier League 08/09
Have heard on good authority today LH, that Corluka has been sold to Tottenham as the paper work has been put through. Man City tried to pull out last minute but it is too late as everything has gone through. Tottenham are gonna launch legal action. Hughes said he would quit if the transfer was finished behind his back and since it has been he will leave
Sep 1st 2008, 10:26 am
#38
BE Forum Addict
Joined: May 2007
Location: Utopia
Posts: 1,644
Re: Enaglish Premier League 08/09
Apparently an Abu Dhabi investment group has bought the Bitters.
Thaksin will be allowed to stay on in an honorary role, although I can't see that working.
Story is here
http://www.timesonline.co.uk/tol/spo...cle4652337.ece
Thaksin will be allowed to stay on in an honorary role, although I can't see that working.
Story is here
http://www.timesonline.co.uk/tol/spo...cle4652337.ece
Last edited by benzonar; Sep 1st 2008 at 10:28 am.
