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General Palace Discussion General Palace talk - please keep transfer talk in the transfer forum.

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  #121  
Old 25-10-2019, 07:21 PM
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Originally Posted by lombardo7 View Post
I thought the AWB deal was cash upfront.
I don't recall that.
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  #122  
Old 25-10-2019, 07:36 PM
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Originally Posted by ChiswickEagle View Post
There are references to the US investors potentially taking money out? Did they come in by way of debt not equity then? Or perhaps pref equity? Has anyone looked at Charges Register at Companies House to see if they have security?
The only money they would be taking out would be the loans they have put in.

This is from the Palace Holdco June 2018 accounts:

During the year the company received a loan of £7.5m from its shareholders making £21m in total.

Interest on the loan was waived.

Subsequent to the year end the company received a further loan of £24.375m from its shareholders.

So £45.4m in total.

The only security they have is Palace remaining in the Premier League.
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  #123  
Old 25-10-2019, 08:39 PM
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Originally Posted by dave_who_ru View Post
I don't recall that.
It wasn’t, but it was all up front in terms of not having loads of conditions attached.
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