- Aug 1, 2013
- 731
- 8,090
Who: Hercules
Where: SC
When: Today
I understand why, and some seemingly on a kind of meltdown. Firstly, I expect the CH to be concluded very soon. ST is not far behind. Today one of favourite, following days someone else. I said at the onset that this window will be a very creative one, with long structured payment plans deals and loans. Some will say ‘why did we sign a LB when we have more pressing needs elsewhere?’ Good question. If selling clubs adopted the mentality of RM on reasonable terms of payment we would be further down the road.
We know who we want, and very confident we will get the ST we want (profile-wise). Selling clubs are expecting clubs like ours to pay 50% upfront. Not going to happen! Then we agree ‘loan with option’. We believe we have an agreement, only to find out they want ‘obligation’ and not ‘option’. Please relax
Where: SC
When: Today
I understand why, and some seemingly on a kind of meltdown. Firstly, I expect the CH to be concluded very soon. ST is not far behind. Today one of favourite, following days someone else. I said at the onset that this window will be a very creative one, with long structured payment plans deals and loans. Some will say ‘why did we sign a LB when we have more pressing needs elsewhere?’ Good question. If selling clubs adopted the mentality of RM on reasonable terms of payment we would be further down the road.
We know who we want, and very confident we will get the ST we want (profile-wise). Selling clubs are expecting clubs like ours to pay 50% upfront. Not going to happen! Then we agree ‘loan with option’. We believe we have an agreement, only to find out they want ‘obligation’ and not ‘option’. Please relax