Sentences with phrase «borrowed against the clubs»
When Abramovich decides to sell Chelsea they will most likely be bought with money borrowed against the clubs assets as ManU but without the income stream that ManU has.
http://www.justarsenal.com/
These constant empty seats seriously damage our commercial worth and Kroenke has borrowed against the clubs value.
Not exact matches
We can then hope that Kroenke sells up to someone who cares about the club, not asset strippers or glory hunters buying the club with borrowed money using the club as security against the loan.
As I understand it, the club is clear of bank debt although it does have an external credit facility borrowed against future TV revenues.