Emerald Red wrote:Ciggy wrote:Emerald Red wrote:Normally I'd take this kind of rumor with a pinch of salt, but listening to that journo talk about his meetings with DIC earlier on a local radio station, he sounded confident that DIC will almost certainly get what they are after. He made it clear that usually whatever it is they want, they get as money isn't an issue with them. It may not be anything new, but hearing this kind of thing from someone who know the business side of DIC certainly sounded good compared to all the recent bollox in the press.
DIC were said to be making another bid. It's probably already happened and the deal is done.
Emerald mate they have just asked for a 350 million pound loan to pay back the last one.
They cannot in one years time ask for another loan of 400 million for the stadium because quite simply we cannot afford to repay it.
Am I missing something here? So the 350m loan isn't to help finance the stadium as well?
No mate the £350 million loan is to pay off the £298 million loan they took out last year to buy the club . They will need to take a further loan out to pay for the new stadium , in the region of £300 to £400 million. NIce of them don't yer think.





