The moral question is an entirely different argument and could be applied to our club just as easily.
As regards the £500M figure we don't even know if that is anywhere near the actual sum nor if it is a 5, 10, 15 or 20 year deal. Nor do we know if there are conditions tied to it such as...
Deals such as the one with Forest can reduce debt and certainly won't increase it. There is nothing to stop the income being used to repay existing debt and at the very least reduces the size of any additional loan.
Certainly owners can take a salary or be paid dividends but the money paid in by way of sponsorship is not like an owner putting money into a club by way of a loan. Once it has been spent the owner has no further claim for repayment.
No.
Again - No.
The League would have to be able to prove that was the case in any legal action taken by Forest if the League refused to accept payment as part of the FFP accounts and how would they do that?
We are lucky to have an owner that has pumped millions into the club over the last few years and few...
All the reports suggest it is the Kuwaiti government who will be the sponsor - hence the proposed name 'Kuwait City Ground'.
Unless the League could prove that Fawaz Al Hasawi is actually bankrolling the payment then it would be difficult for them to object to it in regards to FFP.
I suspect...
How can you claim it's an "inflated deal" if it is a government paying for the sponsorship.
There is no market valuation to compare it against.
It does not increase the club's indebtedness and guarantees future income - if TB had done a similar deal with say Saudi Arabia I can't see that there...
Why? If the Kuwaiti government is willing to pay that much for the name then it must be worth it to them - maybe we should be looking for more from Amex.
Sounds like good business if that figure is correct.
Don't really see how anyone can complain as it's money that goes straight into the club and can't be withdrawn at a later date.