Stagnant revenues.
Miles away from European contention on the field.
Poorly run requiring significant operational investments.
Second club status to a global giant in a relatively poor, peripheral Northern City.
A new stadium is a plus but it still needs more � and it has limited capacity and ultra-premium (box) seating compared to our competitor clubs so it is not a slam dunk benefit.
When you look at us dispassionately we are not exactly an irresistible draw. There is potential but it will take time, investment, effort and luck to realise it.
why are we of interest only to bottom feeding spivs and sell-for-parts merchants?
On my rough calculations we should be attractive to the sort of person who�s premier-league curious, from sovereign wealth funds to to tech or hedge fund billionaires to midwestern US men who made their money from car dealerships. And yet it�s three card monte jail-dodgers and small scale bridge finance funds who we deal with. Perplexing. Are we seen as impossibly opaque? Usmanov-tainted?
With Andy Bell and through them MSP amongst others.
My own view is that possibly our best/quickest short term option is MSP or a party they back (eg a Bell, Downing and others consortium) taking temporary control. They�d need an agreement with RMF for an interest reduction/repayment holiday. As for any agreement with 777 or possibly their administrators, that will be complex!
This is only a short term solution and we would need them to be able to provide bridge financing like 777 has whilst PL sucks their thumb and cogitates. A full debt restructuring can follow if and when ownership is approved.
"Critical week ahead. That is fact. However a good number of highly qualified, experienced, influential & well resourced Blues are working virtually around the clock to secure our future. Keep the faith the solution providers are working harder than those who caused the problems."
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