Exchanging debt for equity must be good as long as it is to the right people, I get the feeling they are and hope Sullivan and Gold have made the right choice. Based on the rumours of the value that G & S put on the club of circa 700 million this could reduce debt by almost 200 million. That should make it easier to spend when needed.
I know little about such things but sounds a lot for a team that doesn't even own a stadium. Does anyone know how players value is used to establish value? in theory Rice is worth 100m at present. Are players assets?
I do home West Ham share dealings don't mess up the Club's European future. As reported here https://www.whu606.com/discussion/11431/potential-takeovers-and-investors/p8 . Article five of UEFA’s constitution states that ‘no individual or legal entity may have control or influence over more than one club participating in a UEFA club competition’.
In my book Daniel Kretinsky's holding of 27% of shares and a seat on the board is translated as "influence" and WHU could fall foul of UEFA rules and be denied a place in European competition. Hopefully, someone at the hierarchy has thoughjt about this. The Club don't have a good history of understanding the football rules. Remember the Omoyinmi episode, the acquisition of Carlos Tevez and Javier Mascherano and the recent exclusion from EFL Trophy for fielding an ineligible player.
Presumably they have different people on the boards, and there’s an ownership thing in Germany that maybe means they aren’t technically Red Bull. I know that it’s hey aren’t allowed to be called Red Bull - their name is RassenBallsport Leipzig (which I think means “lawn ball sports Leipzig”)
Does anyone know how many times since the Europa league accepted champions league drop throughs that the competition has been won by a drop through or a Europa starter?
Does anyone know how many times since the Europa league accepted champions league drop throughs that the competition has been won by a drop through or a Europa starter?
I was going to google it, but I’d rather just have you tell us / someone else know
Comments
For all the heat our owners got this summer they spent net over £50mil with Zouma and Vlasic with very little coming back
Once the debt is reduced and we see the benefits of the Europa money I'm sure they can again loosen the purse string even further
https://www.claretandhugh.info/confirmed-kretinsky-invests-150-million/
West Ham Ownership -
David Sullivan 38.8%
David Gold 25.1%
WHU LLC* 8.0% (J Albert Smith)
Other investors 1.1%
1890s holdings a.s 27.0%
https://www.whufc.com/club/corporate-information/ownership
David Sullivan 38.8%
Daniel Křetínský 27%
David Gold 25.1%
Albert 'Tripp' Smith 8%
Other investors 1.1% (aka Terrance Brown's gang)
In my book Daniel Kretinsky's holding of 27% of shares and a seat on the board is translated as "influence" and WHU could fall foul of UEFA rules and be denied a place in European competition. Hopefully, someone at the hierarchy has thoughjt about this. The Club don't have a good history of understanding the football rules. Remember the Omoyinmi episode, the acquisition of Carlos Tevez and Javier Mascherano and the recent exclusion from EFL Trophy for fielding an ineligible player.
Does anyone know how many times since the Europa league accepted champions league drop throughs that the competition has been won by a drop through or a Europa starter?
Winners
Atletico Madrid 2010, 2018
Chelsea 2013
Sevilla 2016
Runners up
Braga 2011
Benfica 2013, 2014
Inter 2020
Man U 2021
Chelsea v Benfica 2013 was the only all CL rejects final
Man U won in 2016-17 but did it through the Groups. Finished 2nd in Group A