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General Wolves News

SSB said:
Just quickly googled him, to see he was on a podcast a couple of years ago bragging about going on the piss and pulling sickies whilst at Sheffield Wednesday.
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Yep, he's an idiot. I suppose if he's sensible with what he earned as a footballer then he probably doesn't need to work again, but he doesn't seem very sensible.
 
From a Facebook page…

Wolves have settled many outstanding loan agreements, including those with Australian bank Macquarie, that were secured on property assets and future Premier League broadcast monies.

It could be a precursor to an announcement on Qatari investment in the club.
 
I'd find it very difficult to support Qatari investment, as I've seen speculated. I know the Chinese have got some seriously disagreeable geopolitical and human rights issues but there's not a clear and obvious link between Fosun and the state. If we're getting state backing from Qatar that's a different story altogether
 
Is there any validity to the rumoured investment though, or is it all straw clutching? Aware Fosun are open to external investment, but the link to Middle Eastern money, is that just a lazy link?
 
Carsy said:
Is there any validity to the rumoured investment though, or is it all straw clutching? Aware Fosun are open to external investment, but the link to Middle Eastern money, is that just a lazy link?
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There was a lot of talk early in the season that people were in talks from Qatar. Standard stuff that once mentioned on Social Media picked up pace and additional rumours.
 
You would already have the new loans in place otherwise you hit a short term cash flow problem. So why aren’t the new ones already registered if Liam is right?
 
We only had £35m cash in the back according to the last accounts, nowhere near enough to satisfy those loans
 
It could just be a lag on the new security showing up on Companies House. It'll probably appear in a few days, but be dated as registered the day the docs were filed at Companies House.

(Ugh I come on this forum as a break from all this shit)
 
Banjo said:
It could just be a lag on the new security showing up on Companies House. It'll probably appear in a few days, but be dated as registered the day the docs were filed at Companies House.

(Ugh I come on this forum as a break from all this shit)
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Seems odd though.

I can understand consolidation but I can't believe the interest rate is lower than what we had originally on those loans.

And you'd only consolidate to prepare for a sale/ investment anyway. Otherwise who cares how many loans we have?
 
Johnny75 said:
Seems odd though.

I can understand consolidation but I can't believe the interest rate is lower than what we had originally on those loans.

And you'd only consolidate to prepare for a sale/ investment anyway. Otherwise who cares how many loans we have?
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I am an utter dullard on this subject (and many others I know) but could it be Fosun themselves buying the debt, therefore reducing the interest rate to 0 and helping our books look better?
 
Someone has pumped the cash in to pay them. As Del said we don’t have sufficient cash at bank to do it.
 
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