Verbal

How it's secured isn't really relevant to how big the actual debt is. I may have this wrong, but I thought it was an £80m line of credit but with little to no idea of how much the actual debt component was. It's a it like having a £1000 credit limit but having a debt of only £100 - you only pay interest on the debt, not on the limit of credit. As I say, I may have this wrong, and there's not a great deal of transparency about the loan, but it may be that the indebtedness isn't quite as high as one might imagine.

How much of that £80m is actual debt, as distinct from a line of credit?

Wait...what? What's happening in India has many and very complex causes. The idea that all those funeral pyres are the consequence of MLT's (and others') mad tweets is bizarre. He's being judged on his football, nothing else.

I wish I could bottle your optimism.

I think you may be underestimating rank incompetence. Remember, the key executives in this shambles were Woodward and Gazidis.

And Nigel Adkins' Charlton poised to overtake them and edge them out of a play-off place?

Nope. We'll win 0-1. Bank on it.

So there are five or so clubs that join the 'super' league on merit and, presumably, lose their place when they're...what exactly? If they finish last, then I guess they'd go back to non-league football and qualify their way back to the Prem. But given the guarantees to the founder clubs, they could finish, say, eighth, with founder clubs beneath them, and still get relegated. Why on earth would any club want to do any of that to themselves? Let's say Leicester wins the diminished Prem. The super league then directly sabotages the Champions League by constantly skimming (or trying to) the teams that would otherwise qualify. I don't get any of this. Was the new league designed, by any chance, by people who are completely clueless about European football and domestic competitions?

My comment was a joke acknowledged by the poster I was replying to. Your comment is just a nasty, ugly little sentiment. By the way, I imagine I have nothing in common with Rooney except that I also have no GCSEs - how dimwitted must I be?

There are lots of reasons why someone may have difficulty reading. Dismissing them as stupid is really quite ugly.

What a charmer you are.

Oh the shame... 12 years on this site and I've now gone through the existential hell of being MLG'd for the first time. (As a natural pessimist though I'd bet he doesn't recover in time.)

The Guardian is reporting that JWP is out for the game tomorrow. How on earth do players pick up so many injuries on international duty?

Is Ings in bold because his was the one name you were confident you'd spelt correctly?

MLG winding people up who say dumbass things is the best entertainment on here.

Anyway, so I thought JWP played well.

Much the same way your husband bans you. Your point about Gao and pot-pissing is valid though

Goa is a state in India, sunshine.

A SPAC is not interested in selling - only in the initial purchase. And actually, a SPAC not interested in anything whatsoever except for the share price at the IPO. That's the business model - full stop. It's a business model in which relegation might be good thing, driving down the price to investors, so that the club is punted for its 'potential'. After the IPO, the club is owned not by the SPAC but by whoever, in their thousands, bought the pumped-up shares. I don't think the severe dangers of a SPAC takeover are understood. I doubt Saints will survive in the medium term.

Be extremely worried if this lot turn their attention on Saints. The whole point of a SPAC, generally, is it's a shell company designed solely to take over an asset - any asset - and drive it hard towards a low-cost, lower regulated public offering. Once a hyped-up IPO is done, the investors are paid off and the acquired asset is left to sink or swim. Think of Lowe, only bigger and far worse. It would be a disaster for Saints.

This thread should be moved to the main board, and not sit here, where far fewer people will see it.

Plus the liability of a high-interest loan that will be difficult to pay down.

Well I'm excited by this old news. Also, quite good name for Scrabble points.

Come on you two, it's one or the other.

Your football ideas are about as old as some of your furniture Nick.