I presume the steps are...

1 buyers incorporate new company
2 new company is funded with some mix of debt and equity (depending on lenders risk appetite)
3 new co buys shares of club
4 some kind of reorg as necessary / desired

Going forward, club is owned by a company with debt and it’s only source of income is the club

Posted By: SimonOTBC, May 23, 14:05:59