Premier League 2021/22 (Part 2)

[mattyhurst]

Generally I think they will be ok anyhow now, I see it between Leeds and Everton due to the fixtures.

[Iftikhar]

@Neukölln

@Arminius

What a structure - no principal paid until 2025, then all due, but the real kicker is the relegation trigger for early payment. Who the hell thought that was a coherent idea? Right when your income collapses, a major cash call…

Agreed on all of this. Posted about this same thing a few months back. I believe it was in a Lancashire newspaper, showed the broad strokes of this leveraged deal, and how absolutely crushing financially it would be for the club to be relegated as a result of how it’s structured. Awful deal for Burnley club.

I’m surprised that Burnley fans were OK with this.

[Arminius]

I very much doubt they were asked. The Chairman and one director together owned 75% of the club.

[Dutch]

Why does a club take out a loan of they have been taken over by a new owner, I’m confused.

[Iftikhar]

@Arminius

I very much doubt they were asked. The Chairman and one director together owned 75% of the club.

They could have protested.

[Arminius]

@Dutch

Why does a club take out a loan of they have been taken over by a new owner, I’m confused.

Oh, my sweet summer child…they take out a loan to pay for the privilege of being owned by the new owner. They were basically bought with their own money, with the loan serving to make up the difference. Old owners walk away with cash, new owners have a club that they did not really pay for, maybe a little up front, but quite possibly having been paid back already.

A structure that had its heyday in the 80’s junk bond days, but still has legs…until it doesn’t.

Burnley's US takeover has left club £90m worse off and loaded with debt

[Iftikhar]

José Mourinho praises the ‘forgotten’ job Brendan Rodgers did at Liverpool

José Mourinho praises the ‘forgotten’ job Brendan Rodgers did at Liverpool

[Dutch]

Thanks for the explanation👍

[GermanRed]

Once again lucky that they have off until Sunday.

[redalways]

Yes, but they’ve also played extra time whereas we managed to get it done in normal time.

[redalways]

That result knocked their odds of winning the league according to 538 down 2 percentage points by the way, from 68% to 66%. Coincidentally the same odds we’re now given to win the Champions League.

[RedOpium]

Wouldn’t it just brilliant if we could beat them to PL title.

[mattyhurst]

We have to win our game, that would ramp up the pressure a lot. Newcastle are a decent side I guess we will see what happens but 120 minutes and the manner they need to seek out O Sullivan’s sport psychologist.

[Limiescouse]

@mattyhurst

We have to win our game, that would ramp up the pressure a lot. Newcastle are a decent side I guess we will see what happens but 120 minutes and the manner they need to seek out O Sullivan’s sport psychologist.

2-0 both goals scored by Jonjo Shelvey who passes up the opportunity to score the Hattrick by turning around to twat Sterling. He takes his red card and walks off to a standing ovation.

[Red_Submarine]

It would, and I can’t think of a bigger hoof to the knackers for them than what happened tonight Might not make any difference, but it certainly won’t put a spring in their steps​:wink:

[Hoosierred]

So now that City have had what passes for their heart ripped from their chests and danced on in Madrid, do they stroll to the title because they have nothing else to play for? Or fold like a stack of t-shirts in a laundrymat?

[Red_Submarine]

Who knows? We’re gonna find out though

[Limiescouse]

[mattyhurst]

Shelvey put about 3 in the stands on Saturday so he was getting his eye on, the empty seats should help him focus.

[GermanRed]

Things you’ll never see…

City with a Saturday early kick off after Wednesday night CL away game with extra time.