Johnson 12:44 Tue Sep 15
Sullivan turns down £350m bid...
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...but invites the bidders to invest a minority stake.
THE FUCKING CUNT.
https://www.thesun.co.uk/sport/football/12668928/west-ham-reject-takeover-sullivan-gold/
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Replies - Newest Posts First ( Show In Chronological Order)
swindon hammer
1:28 Tue Nov 17
Re: Sullivan turns down £350m bid...
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They aren’t selling up because there are no billionaires out there that want to buy the club.
There wasn’t much interest before the pandemic and there certainly won’t be now.
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Jim79
1:15 Tue Nov 17
Re: Sullivan turns down £350m bid...
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Training ground used as security against a £100m loan??? not in the most creative of spicy banking scenarios can that dump in Rush Green be used to back anything like that, couple of portacabins lined with the cladding left over from Grenfill Tower
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Takashi Miike
10:00 Tue Nov 17
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new hammers chat video........
Have West Ham just borrowed £100m? Training ground used to secure loan? Finances explained (Gonzo talking to Whetstone)
https://m.youtube.com/watch?v=yDlkYI50G4U&t=122s
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Willtell
2:56 Tue Nov 17
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Agreed!
I just don't believe all the bollocks about GSB selling up I'm afraid to say.
Cunts talking shit is what I reckon but what the fuck do I know...
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camel-with-3-humps
11:42 Mon Nov 16
Re: Sullivan turns down £350m bid...
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Stewie
I say fuck Henry Winter - CUNT
:-)
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stewie griffin
9:31 Mon Nov 16
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Great story, the Wrexham one. Not rich enough to do anything mind
All clubs are affected, we just don't pay as much attention to others. Only really those that are bankrolled that are still spending
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Far Cough
9:29 Mon Nov 16
Re: Sullivan turns down £350m bid...
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Even non league Wrexham have new American owners.
I wonder if they thought they were getting West Ham instead of Wrexham?
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camel-with-3-humps
9:24 Mon Nov 16
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JayeMPee 3:42 Mon Nov 16
Other clubs will be affected. It's just a case of catch up.
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british is best
5:55 Mon Nov 16
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The two bobs won't tell piss head hugh . and camp Sean anything in regards to a potential buy out of the club .
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JayeMPee
3:42 Mon Nov 16
Re: Sullivan turns down £350m bid...
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Doesn't sound like they will sell the club in December as rumoured, we will just have to sit back and watch other premiership clubs continue to bring in players. Why are they not affected by covid as we are?
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Sir Alf
2:05 Mon Nov 16
Re: Sullivan turns down £350m bid...
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From the old soak Hugh's site. Gold or Sulli keeping expectations down with this little leak?. Seems they spent all the money they brought in from sales ( Diangana, Ajeti etc.) and another large wage reduction ? Like fvck they did!
GSBout#
Hammers not out of the financial woods yet
Posted by Sean Whetstone on November 16, 2020 in News, Whispers
West Ham are not out of the financial woods yet and we shouldn’t expect a big transfer budget in January.
The Hammers operated a sell to buy policy over the summer transfer window and little else is likely to change with the impact of the pandemic continuing,
The Hammers raised £26m through the sale of Grady Diangana, Ablian Ajeti and Jordan Hugill but this was largely accounted for with the loan of Said Benrahama and an obligation to buy for a combined fee of £25m.
There have been talks of the possibility of signing Josh King and/or James Tarkowski at knock-down prices but the club must look at ways to fund any transfers over the winter.
The club renewed their overdraft with Media Rights and Funding worth up £40m in August followed by a £30m rights issues cash injection the same month.
In October and November came two loans from Barclays bank guaranteed by the owners and borrowed against next season’s TV money but Claret and Hugh understand this money is destined for general cash flow to plug the financial hole left by COVID and not for transfers.
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roltrader
7:26 Wed Nov 11
Re: Sullivan turns down £350m bid...
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...I suppose if you were intending to sell up you would gravitate towards structured 3rd party loans as opposed to using your own money ??
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goose
7:02 Wed Nov 11
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I won’t believe we’re skint until I hear it from Grasshoppers sources.
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Sir Alf
6:51 Wed Nov 11
Re: Sullivan turns down £350m bid...
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From piss head ( allegedly ) Hugh's site. I know a lot of clubs do this kind of thing. The idea of getting money now before installments of transfer fees are paid but tells you Moyesiah will be getting limited budgets for the next few seasons ( assuming he continues/survives) under our "next level" owners. Seems they have finally got us to the next level. Shame they never mentioned it was down and not up. Never assume. Made an Ass of you and me :-(
From C&H
New documents released at Companies House yesterday show that West Ham United have borrowed money from Barclays bank against next season’s TV money.
–– ADVERTISEMENT ––
The new registration of a charge on the 9th November reveals the club have borrowed money secured against Premier League central broadcast funds for the 2021/2022 season defined as the basic award fund and central funds due to be received in July and August next year.
The latest revelation comes after another charge on 27th October for Barclays bank thought to be personally guaranteed by the owners and worth up to £25m.The new registration of a charge on the 9th November reveals the club have borrowed money secured against Premier League central broadcast funds for the 2021/2022 season defined as the basic award fund and central funds due to be received in July and August next year.
The latest revelation comes after another charge on 27th October for Barclays bank thought to be personally guaranteed by the owners and worth up to £25m.
In August the club completed a rights issue with existing shareholders injecting £30m of cash into the club.
At the beginning of August, they borrowed again from Media Rights and Funding against training grounds and the stadium and shop leases. In previous years they have borrowed up to £40m from the same lender in a revolving credit facility.
It is not clear whether this new companies document is linked to the £25m loan at the end of October or another loan at this stage.
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Willtell
11:50 Tue Nov 10
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Well Trap1 has only a few weeks to be proved wrong again but we can hope...
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JayeMPee
11:42 Tue Nov 10
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Which Christmas Willtell? This story has been dragging on for so long its hard to believe it will be all over in six weeks or so!
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Willtell
11:26 Mon Nov 9
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For the doubters -
"Takeover talk
Post by Trap1 » Fri Nov 06, 2020 5:05 pm
No one should worry. People can be vague on social media but I see nothing to dissuade me from saying that West Ham will be sold before Christmas. I will go further and say they are from the US. The prospective bidder will know what they need to do and will act accordingly."
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Willtell
11:23 Mon Nov 9
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I read two posters on KUMB that reckon GSB are going to sell up before Christmas.
No mention on here or the press anywhere that I can see and one of those posters was ....Trap1....
Load of bollocks I suppose?
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Hermit Road
12:00 Wed Nov 4
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Aren’t Barcelona always a couple of months away from a massive loan that never gets called in despite being perpetually on the edge of being called in?
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Mike Oxsaw
2:41 Tue Nov 3
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Payday loans fall due soon?
Only so many kneecaps can be broken in one session...
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goose
1:32 Tue Nov 3
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£25m is a lot to a club that makes a loss, and an owner who is cash poor.
after the share rights issue, the TV money and the tidy profit in the transfer window, why do we need another £25m??
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