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Financial/takeover question


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Yes by paying off 1.3m less of debt, but then having to spend at least that to replace the players, so no!
I asked if it helped the seller. If an agreed price had been reached but the debt reduced would it mean more in the cash pot for the seller to walk away with?
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I asked if it helped the seller. If an agreed price had been reached but the debt reduced would it mean more in the cash pot for the seller to walk away with?


It would help the seller in that the debt would be reduced and the buyer would not not have to pay £1.3m to service the debt plus 0.5M wages.



The buyer would say buy shares for £5m and then put in another £3.5m to pay off the Debt otherwise they would have to put in £5m to pay off the debt.

Edited by John B
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The seller would walk away with the same money since the 1.3 million would stay with the company (or rather as you saty it would service the company's debt). The buyer might be a bit peeved if they valued the 'asset' that was sold at greater than 1.3 million, and you could argue that if the buyer knew the asset would be sold the buyer might have offered less, but that would require a significant differnce in the valuation of the asset.

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It would help in a purely financial sense as they would be buying something for the same price that now had £1.3m less of liabilities.


EDIT - sorry, you said seller not buyer.


If a price has been agreed with the seller for their shares, they will walk away with the same amount regardless.

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Lowe's present actions would appear to indicate that there is no takeover on the horizon. All his actions including selling Davies looks like trying to steady the ship.


Haven't Stoke activated a clause in the player's contract though? And Davies has indictade he would like to leave and play in the PL?

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this has come from a mate of mine. He spoke to the head steward who told him expect some big and shocking news this week. He didnt say if it was good or bad. Just passing on what i was told.


I occasionally get info from the head steward as well. I have never put it up for discussion as he has always been wrong.

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