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- May 22, 2004
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- Oba
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they have taken over the lionrock share but as i understood it they bought that from lionrock... then suning pledged their holdings of the club for an aditional 270 or 280 mio euro loan...Could be wrong but I thought they'd taken over the lionrock share? Very true it looks messy situation for a minority owner, I just don't know how else we raise the equity to pay off debts. As you ? Posted above, the debts make a significant impact on the P&L for the year
Atleast thats how i understood it...
Like if the lionrock share is all the gets in to the hands of oaktree in case we default on the loan then who the fuck cares? default on that bitch and make em equity holders