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Anybody know what the financial situation is with the club regarding debt?
I seem to remember it being said at the time of the takeover that the pre-existing ABC loans were cleared at the time of the takeover, but haven't seen published figures relating to it.
Is the money being currently spent coming out of Tony Fernandes personal fortune or being charged as a debt against the club? If the latter, I would be worried.
Anybody know what the financial situation is with the club regarding debt?
I seem to remember it being said at the time of the takeover that the pre-existing ABC loans were cleared at the time of the takeover, but haven't seen published figures relating to it.
Is the money being currently spent coming out of Tony Fernandes personal fortune or being charged as a debt against the club? If the latter, I would be worried.
Im sure Amit said the club is effectively debt free now they have taken over.
The Premier League clubs collectively lost close to half a billion pounds in 2009-10 but how in debt are they? Find their income and expenditure by club
You should never underestimate the predictability of stupidity.
Its amazing looking back how many of our fans were slating him before he took over claiming he was just a front for Briatore and was skint etc let alone a West Ham fan :drunk:
I think thats a tad harsh mate. At the time the realationship between board and fanbase was at a all time low. I think it was quite understanable that some fans should question tony,s take over! As it turns out the guy seems a fantastic chairman, but we should keep a relaxed eye on any boards statements that dont make sense to us!
LONDON CALLING TO THE ZOMBIES OF DEATH.... ALSO KNOW AS BRENTFORD FANS
I think thats a tad harsh mate. At the time the realationship between board and fanbase was at a all time low. I think it was quite understanable that some fans should question tony,s take over! As it turns out the guy seems a fantastic chairman, but we should keep a relaxed eye on any boards statements that dont make sense to us!
Not sure why you feel the post was harsh as its pretty factual and many shouted loudly that they did not want or trust Fernandes which is on record
I really hope this honeymoon period lasts for years but one day I am sure his head will be called for one day just the same as most other Premier Chairman at every club
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