Longshortandtall
Vital Reserves Team
The reality is whoever the owners of Sheffield United were they would have had to find £40-50m to buy the Properties. That would have included ALK Capital who KM had arranged to sell the Club to and was so confident of winning he invited them to the Southampton game.
Where would the American franchise have got the money from? more than likely the Premiership money or equity loans as has been stated. The arrangement allowed for the Club to be purchased in 20% instalments so they were hardly minted.
This is just post Judgement bluster in an article that doesn't cover all the facts of the case. KM needs to retire gracefully take his money for the properties and move on. As for the Prince he needs to be looking for improved sponsorship deals and investments to take us to the next level. So far he has made all the right noises but he can't rest on his laurels.
Where would the American franchise have got the money from? more than likely the Premiership money or equity loans as has been stated. The arrangement allowed for the Club to be purchased in 20% instalments so they were hardly minted.
This is just post Judgement bluster in an article that doesn't cover all the facts of the case. KM needs to retire gracefully take his money for the properties and move on. As for the Prince he needs to be looking for improved sponsorship deals and investments to take us to the next level. So far he has made all the right noises but he can't rest on his laurels.