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Old 2nd January 2010, 22:50   #10 (permalink)
Ole'sbodyguard
Reserve Team Player
 
Join Date: Mar 2007
Posts: 3,185
Quote:
Originally Posted by WeasteDevil View Post
Why don't they just cut their losses and float the fucker again?
I've asked this question myself since May 2005, hoping it was a reliable get out.

I am no financial wizard, but they'd need someone to underwrite it first, and from what has been muted on refloating they'd be hard-pressed to find somebody who'd do that at an acceptable price.

It'd be far easier for them to offload the club to some rich multi-billionaire in a single transaction.
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