Lionel Missi - Other Teams Thread [R]

don't forget they also want to change their nickname to "Dragons".

I heard a stat somewhere that Suarez alone has it the wood work 30 times this year.

Aye... he's trying to put the final touches on his dam and needs that pesky piece of woodwork to finish the job.

I can't find the initial material James + CR7 told me about but here is some wild speculation.

1. The 'Fake Sheik' Scam

• Venkys buy BR for 23m cash. The club has assets, cashflow but 20m of debt and loses money. Seems a bad deal?
• Venkys must repay BR's long term bank debt + overdraft = 20m. Everyone assumes this will be done via cash injection.
• Venkys proceed to flog off players. 10m debt is repaid.
• Barclay's get nervous. By selling Samba to Russia, Venky's clear the 10m overdraft.
• BR get relegated. More players are cleared out.
• Venkys now own a club free of debt, with physical assets and access to 48m in parachute payments in the next years.
• Venkys real exposure to Rovers? None. Their 23m investment is secured against the assets and parachutes. And how much of the 100m TV money + players sales has been skimmed off to date?
• Cut throat variation: Run up massive debts to HMRC and anyone else you can think of - thus freeing up cashflow for you and your mates
• Scottish variation: Sell all the clubs future revenue to clear the secured creditor, then liquidate with yourself as the only secured creditor
• Russian Roulette Variation: Sheik puts a loaded gun to his own head in the form of a 18m loan from his mates. Sheik pulls the trigger. His mates clean up
• Macau Variation: Convince idiots to stump up acquisition cash on the Hong Kong stock market.
• Ponzi variation: Lose money wildly onshore whilst trading all your games offshore

2. The Fixer (as seen at Portsmouth!)

• Agent seems a nice opportunity to asset strip a club. The club has nice assets, strong cash flow, but loses money
• Key idea: Instal straw man owners (the fake sheik) to front the deal, while the real operators go to work. Because the club has conservative owners, Craig Whyte won't do - you have to source a 'proper' owner.
• Pitch Venkys on the can't lose proposition & connect them with the owners
• After the sale, ensure that all the real executives & directors are sidelined, and instal your own man (SK) as head honcho - now you can get down to business.
• Churn the club's player assets wildly, making cuts of the agents commissions on both sides of the deal. Make sure agents commissions are wildly inflated.
• After a sale (and cut of the fee) immediately spend the money on another crazy deal, like a 4m player of which 3m is commission. Split the brown paper bags.
• Congratulations! After your 'consultancy' BR is ready for relegation, and you made millions! Maybe you can even pin all the blame on the Fake Sheik!

Yes. Although they also churned a lot of that money. We need to see the published accounts.

Unfortunately papers like the Guardian continue to publish myths about football despite their readers trying to educate them.

People equate losses in the company shell to losses for the owners / operators but of course this is not true.

The usual losers are the taxpayers and trade creditors, and of course the fans who are the source of cash.

http://www.lancashiretelegraph.co.u...vers_Column__This_has_just_been_embarrassing/

On my iPad, so copying and pasting some of this is difficult right now. Maybe someone could help me out?

Check the comments section on this article. The stuff from reg rover specifically. He was the one who posted the original stuff cr7 and I gave to jitty. A lot of this has been kept out of the big boy media groups, but the lancashire times have covered it extensively. Gives you a few more of the key names, such as Anderson. Veer sketchy, the entire thing. I will hunt out more later for you jitty.

Well its not stealing because they own it.

But it is dishonest with the customers. This sort of thing was very common in the 80s

they don't care

And here is the crux of it, making a huge effort to prove immense wrong doing.

New thread - http://www.bigsoccer.com/community/threads/ott-the-other-teams-thread-karaoke-version-r.1943831/