News coming out, regarding the takeover of Derby County by Erik Alonso, it
seems that Alonso is looking to refinance Pride Park to fund the deal.
So was the supposed investment money never actually on the table, or did
it actually exist.
Seems a right carry on, so a bloke comes in, says I want to buy your football
club, but I can't pay upfront, I will have to borrow money, by refinancing the
clubs football stadium.
So actually the bloke is not putting money into the club, instead he becomes
the owner, refinances the clubs stadium, to pay for the club.
Therefore putting the football club further into the red.