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DIC

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Insignificance

Bad to the bone
Member
Dubai is in HUGE economical problems, and the Sheik and his co-operatives has freezed the depth on a.o. Dubai World... I guess we would have been screaming for George and Tom if the situation had been different a few years ago...
 
I find it hard to believe we would have be run this badly had DIC taken us over instead. There's more to it than just money.

However it's all the past now.
 
[quote author=Squiggles link=topic=37485.msg1000170#msg1000170 date=1259332676]
I find it hard to believe we would have be run this badly had DIC taken us over instead. There's more to it than just money.

However it's all the past now.
[/quote]

Probably more than just money, but they have depth worse than they are able to carry. It doesnt sound like they would throw money after footballplayers when they cant even pay what they are building at home soil....
 
[quote author=Insignificance link=topic=37485.msg1000171#msg1000171 date=1259332785]
[quote author=Squiggles link=topic=37485.msg1000170#msg1000170 date=1259332676]
I find it hard to believe we would have be run this badly had DIC taken us over instead. There's more to it than just money.

However it's all the past now.
[/quote]

Probably more than just money, but they have depth worse than they are able to carry. It doesnt sound like they would throw money after footballplayers when they cant even pay what they are building at home soil....
[/quote]

You always spell 'debt' as 'depth'.

I've no idea why.
 
when u have dept so huge, u r in a depth so deep you aint gonna climb out?
 
[quote author=Insignificance link=topic=37485.msg1000167#msg1000167 date=1259332417]
Dubai is in HUGE economical problems, and the Sheik and his co-operatives has freezed the depth on a.o. Dubai World... I guess we would have been screaming for George and Tom if the situation had been different a few years ago...
[/quote]


Insig, my thoughts exactly. We may end up thanking David and Rick for chosing Tom and George...

And Brendan - are you actually softening, or is it just me? 😉
 
There was a guy from the City of London on the radio this morning, when the story broke here, pouring cold water on the idea that Dubai is in as much trouble as all that. For one thing he said that the problem was one of current cash flow, not general creditworthiness, and for another he said the United Arab Emirates wouldn't let one of their own go to the wall even if it looked likely.
 
[quote author=jimmy link=topic=37485.msg1000383#msg1000383 date=1259352785]
[quote author=Insignificance link=topic=37485.msg1000167#msg1000167 date=1259332417]
Dubai is in HUGE economical problems, and the Sheik and his co-operatives has freezed the depth on a.o. Dubai World... I guess we would have been screaming for George and Tom if the situation had been different a few years ago...
[/quote]


Insig, my thoughts exactly. We may end up thanking David and Rick for chosing Tom and George...

And Brendan - are you actually softening, or is it just me? 😉
[/quote]

Yes my thoughts are exactly that. Thanks Dave, thanks Rick. You had the foresight to spot the impending global financial meltdown and instead of landing us in the cart with Dubai, you made sure the financial security of the club was put first and our new owners would build the much needed stadium straight away. That took incredible predictive powers.

Mucharse fucking grassyarse.
 
[quote author=vantage link=topic=37485.msg1000521#msg1000521 date=1259394837]
[quote author=jimmy link=topic=37485.msg1000383#msg1000383 date=1259352785]
[quote author=Insignificance link=topic=37485.msg1000167#msg1000167 date=1259332417]
Dubai is in HUGE economical problems, and the Sheik and his co-operatives has freezed the depth on a.o. Dubai World... I guess we would have been screaming for George and Tom if the situation had been different a few years ago...
[/quote]


Insig, my thoughts exactly. We may end up thanking David and Rick for chosing Tom and George...

And Brendan - are you actually softening, or is it just me? 😉
[/quote]

Yes my thoughts are exactly that. Thanks Dave, thanks Rick. You had the foresight to spot the impending global financial meltdown and instead of landing us in the cart with Dubai, you made sure the financial security of the club was put first and our new owners would build the much needed stadium straight away. That took incredible predictive powers.

Mucharse fucking grassyarse.
[/quote]

Hahaha. I said nothing about foresight or incredible predictive powers. Just luck maybe.
I bet people would have had a go at Dave and Rick had they chosen DIC, and then this latest debt crisis happened.

So please - no need to get over excited.
 
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