Sorry, but none of that is obvious, to me at least

1 - Football owners charging interest on their own assets is far from unusual. Indeed, inter-company loans & debt repayment is very much part of modern capitalism. (Even Delia's loans often had interest due, but she chose not to take it)
2 - I am not sure how your view of repaying debt when a player is sold at a profit is much different from third party ownership, which is not allowed.

Attanasio is not majority-owner of Crescent Capital & CC were not named in any of the recent papers re share deals (Norfolk FB Holdings is the specific vehicle used. And ownership of Norfolk is 55% MA & 27% Richard Ressler)

I wonder if the loans have come from Attanasio & his mates in a more personal capacity, and their long-term gain is from eventual sale of NCFC (in part, or fully).

Of course the next accounts may make things a bit clearer, but my hunch is that the 50 or 60m so far invested could easily have come from personal pockets, rather than a hedge fund.

Posted By: Henclrikus, Jul 15, 19:16:19