Fra en Saints fan:
My prediction: Chainrai takes over, then offers the trust a deal for them to buy the football club as such, but with him retaining Fratton Park and charging them rent at a silly rate, say even £1 million a year, effectively getting a return on his money without losing his equity.
If the trust won´t (or more likely can´t) do the deal, he either builds up big debts all over again, extracting whatever he can from the parachute payments and reneging on football creditors deals then makes a run for it ---- or he just liquidates immediately, leaving FP to rot for a bit till the council give up on their probably uneforceable restrictions and let him build there.
Lyder det realistisk?
My prediction: Chainrai takes over, then offers the trust a deal for them to buy the football club as such, but with him retaining Fratton Park and charging them rent at a silly rate, say even £1 million a year, effectively getting a return on his money without losing his equity.
If the trust won´t (or more likely can´t) do the deal, he either builds up big debts all over again, extracting whatever he can from the parachute payments and reneging on football creditors deals then makes a run for it ---- or he just liquidates immediately, leaving FP to rot for a bit till the council give up on their probably uneforceable restrictions and let him build there.
Lyder det realistisk?