Welcome to this week’s Talking the Blues Podcast with Andy and George Costigan in which we look back at the Coventry game, discuss Sean Dyche and then move onto the situation regarding the sale’s process post the Friedkin withdrawal. As ever an honest assessment of our current position.
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As ever thanks for listening – or reading, the written transcript is now also available.
Categories: Podcast
Paul, I have a question about the £200M loan to the Friedkin Group.
Presumably, the loan agreement features an ability for them to block future bidders from buying the club (ala RMF & MSP), protecting their interests. Presumably TFG would have to show genuine cause and not unreasonably block a credible bidder, but that’s a side note.
Is it possible TFG view the situation as an opportunity to park their money in the club (which is secured against Moshiri’s shares & BMD), wait for the Leadenhall vs. 777 civil case to be resolved, after which they would be in a position to call in the debt and assume ownership of Moshiri’s shares + BMD and negotiate the 777 loan value?