Reply To: What is the Truth

Iron Bru Forums Blast Furnace What is the Truth Reply To: What is the Truth

#248707
TwoWrightsTwoWrights
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Registered On: December 23, 2013
Topics: 6

Mike Ashley let it be known that he was prepared to sell Newcastle in 2008 and Allam put Hull up for sale in 2014, early days for us only been up for sale since April.

Allam had no intention of selling while the cash cow was still been milked, PL parachute payments, 4% interest on his loans, and group tax relief. Once the parachute payments stopped that’s when he actively looked for a buyer, and rest assured he was millions up on what he’d paid out.