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Okay i see this has been sneaked out just before the new season starts and as fans our notice is on the weekend but i am seriously worried about the future of our club.
West Ham have registered a charge to borrow from "Rights and Media Funding Limited" and represent a multi-million-pound credit facility. This is on top of the money we just borrowed from Barclays recently and that was £145million so why do we need to borrow more? and further investigation seems to show this company has the fingerprints of another billionaire mogul as in a certain Mr Tabor he who supports West Ham and seemingly always has an interest in buying the club but never does and not interested in Golds shares.
More worryingly i noticed this as i perused the web and it does make the fear grow even more.
I’m an Everton fan - rights & media funding should raise the alarm bells. They’ve had us by the balls for years at extortionate interest rates. That loan was a huge part of our psr problems and nearly sent us into administration. We only just shook them off as our new owners were generous enough to clear the debt. You guys really need to start protesting.
A very worrying turn of events and when you see what has happened to clubs badly managed in the past well we could be the next on the chopping block and end up if we are lucky washing around the championship and below during my dotage!
This has to be a concern
This has to be a concern Midget porn and the gang are looking to finally sink the ship it seems.
Looks like we will be the next cab off the rank for headlines of all the wrong sorts. How much worse must things get?
It is a worry HG when you think
loan against assets what assets? apart from players we have two portacabins and a shite training ground...so if not that then it has to be the players well it can only be the players.
i can see us being remembered by opposition fans who take there youngsters to a game against West Ham and the kids will ask who are they dad we should beat them as they are only a 2nd division club and tales will be told of how they used to be a really big club son who played good football and sometimes won a cup but once the owners moved them they fell apart and are but a shadow of what they once were.
We're gonna need a Welcome to
We're gonna need a Welcome to Wrexham rescue type scenario soon. Biggest stadium in the National League