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rick1976.4.38
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As in the Charlton Thread, and in answer to the questions

No (but they may well have done once upon a time, who can tell?)

Not necessarily

No - we don't do Bullfrogs on a Sunday. HTH

 

 

Quote:

Originally Posted by itchen

Just received this from Charlton supporting friend (who's on their newsletter list). Looks like they are going to join us on the mill of endless rumours.

 

The press statement actually says.....

 

Corporations in Dubai have realised that they are committed to building US$50 billion of construction projects in the coming year for which NOBODY will lend them money against "Bonds".

The two major suppliers of Mortgages to buyers here have had to merge as they cannot raise enough funds cheaply enough to lend to people who want to buy property, and the "flood" of "Western Investors" who had been brainwashed into investing every dime they had into property speculation have also dried up. This leads to a potential disaster scenario as those properties are still being built by the developers but they don't have buyers for them.......

 

So in other words, the guys down here have more pressing problems and places to use their liquidity than in football.

 

 

(Oh and by the way, I told you so......

 

When Charlton made the announcement I pointed out that when dealing with businesses in this region you simply DON'T jump the gun and make the locals lose face or marketing opportunities)

 

 

#59 Today, 09:53 AM

dubai_phil

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Join Date: Nov 2006

Location: Just where it says on the label

Posts: 2,868

 

 

 

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Quote:

Originally Posted by dubai_phil

Interesting that Charlton announced this on a Friday, when the Dubai guys at Zabeel Investments were closed for the weekend. Shows that the Charlton guys have a lot to learn about the etiquette of working with the guys down here. Hope it doesn't upset them too much.

 

FWIW they have been looking at a LOT of clubs and have had details from and meetings with a LOT of clubs.

 

But London is the key, followed by closeness to an International Airport, but the last year of a parachute payment would have made a big difference. Zabeel will have funds but will also be very careful with them.

 

Smug grinning smiley winkey thingy.......

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