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Thread: What a fantastic interview from Wilder!

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  1. #1
    Join Date
    May 2010
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    Quote Originally Posted by FatherKnowsBest View Post
    You can due diligence the hell out of it. It wont stop anyone from changing their mind and wanting to do something different at some point in the future. That's what we're talking about here isn't it. Two partners who have decided they want to do something different?
    Don't be naive. If McCabe expected the Prince to put a certain amount of money in, he should have made it a contractual obligation. If the Prince didn't do so, McCabe should have been able to break the arrangement. Doing anything with a business partner based on trust - especially when there are millions of pounds involved - is misguided at best.

    If he'd suggested it and the Prince had said no, he could have taken that as evidence of the latter's lack of serious interest and told him to jog on.

  2. #2
    Join Date
    Nov 2013
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    Quote Originally Posted by Carpe_diem View Post
    Don't be naive. If McCabe expected the Prince to put a certain amount of money in, he should have made it a contractual obligation. If the Prince didn't do so, McCabe should have been able to break the arrangement. Doing anything with a business partner based on trust - especially when there are millions of pounds involved - is misguided at best.

    If he'd suggested it and the Prince had said no, he could have taken that as evidence of the latter's lack of serious interest and told him to jog on.
    I'm not suggesting anything is done entirely on trust (although if you have to keep going back to the contract, its not a great relationship...) I'm guessing, in my naivity, that the contract clause might have said that the two of them must equally fund the club (cover the losses), and that additional speculative investment must be on a matched basis. You surely wouldn't put any nunbers on that, neither would you have a clause that one partner automatically has to match the higher offer investment with the other partner. I'm guessing it has to be by agreement and negotiation.

    However, heres a scenario. HRH is sitting in his office in Saudi, he can see were doing well, January is coming. He has a top Belgian football guy in his set-up, maybe they talk, maybe some players are suggested, HRH thinks 'I know we'll pass these on for evaluation'. So word comes back, thanks but no thanks, we don't want them, and we don't want Rip van Winckley sticking his oar in either thanks. We know what we want and its not that. Oh by the way, I know we just slapped you down, and cold shouldered your boy, but we want to spend £5m on some L1 British players, so if you could pop a cheque for £2.5m in the post...

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