Mr.S wrote:Can someone tell me the current state of finances with respect to the loan?
We had to pay 340 or 360 Million. We are paying 30 or 36 Million per year???? The 77 Million of Adidas was included in the 340/360 Million right???
By moderate estimates, we paid 150 Million in 5 years & we got 90 (from AUDI) & 77 (Adidas) making a total of 167 Million.
So the combined repayment is 317 Million. Ideally at best 43 Million is left , add the cost of paying 12 Million for buying 1860's shares so this should be 55 Millon. So the loan should be repaid in 2 years which is not the case as I am hearing dates like 2016 & 2020.
Was 360 Million supposed to be paid after 77 million from adidas. Even in that case it should not be more than 132 Million,roughly 4.5 years.
I hope someone replies with facts & clears my doubts.
Bazi wrote:From what I heard at last years annual general meeting we still had to pay ~150m € which will most likely be the case in 2017.
Bazi wrote:Mr.S wrote:Can someone tell me the current state of finances with respect to the loan?
We had to pay 340 or 360 Million. We are paying 30 or 36 Million per year???? The 77 Million of Adidas was included in the 340/360 Million right???
By moderate estimates, we paid 150 Million in 5 years & we got 90 (from AUDI) & 77 (Adidas) making a total of 167 Million.
So the combined repayment is 317 Million. Ideally at best 43 Million is left , add the cost of paying 12 Million for buying 1860's shares so this should be 55 Millon. So the loan should be repaid in 2 years which is not the case as I am hearing dates like 2016 & 2020.
Was 360 Million supposed to be paid after 77 million from adidas. Even in that case it should not be more than 132 Million,roughly 4.5 years.
I hope someone replies with facts & clears my doubts.
Well don't forget the interest rates we have to pay and the 15-20m € we lost due to the financial crisis in some monetary Euro/Swiss Francs speculations. Furthermore the money from Audi can't be used as a single payment because we used our contractual right to make a single payment a few years ago. The bank would lose money in interests so it's obvious why they wouldn't agree to that.
From what I heard at last years annual general meeting we still had to pay ~150m € which will most likely be the case in 2017.
Mr.S wrote:Wish we could sell another 10% stake to another huge company & get 150 Million & pay the loan & get 10-15 Million a year sponsorship as well. Haha I wonder what will happen to Man U & Real then.
quaazi wrote:A blocking minority means that the minority can veto moves initiated by the majority. Best leave all the decision-making to the club.
Mr.S wrote:Now I wish they would do something to scale up the TV revenue which is like more than a 100 Million down on Real Madrid(for Bayern).
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