west ham takeover

However, West Ham are now at the centre of their very own takeover saga. The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approach with a £400m offer at the end of last month. west ham takeover . Last month YouTube star and West Ham fan Spencer Owen hosted the anonymous guest dubbed ‘the secret agent’ on his live stream.. And the mystery man claimed West Ham will ‘100% be under new ownership by the end of the year’. For about a season and half there was speculation and the chairman was trying to get rid, but after a bit of success he decided to stay. December 26, 2016 . But United's defeat of West Ham … Apple Watch Series 6 vs Watch SE vs Series 3: What's the difference? No fans, social distancing subs and fake crowd noise has been introduced but on the pitch nothing much has changed. Haller hits two as West Ham's £99m front three sink Charlton in Carabao Cup. West Ham have since dismissed the reports, nevertheless, insisting there is no chance of an American takeover at the London Stadium anytime soon. Pinterest. West Ham takeover - Former Birmingham owners David Gold and David Sullivan launch £50m bid for Upton Park Most watched Sport videos Pep Guardiola happy with … West Ham were linked with a takeover last September, but co-owners David Gold and David Sullivan rejected a £400m bid from an American consortium, and Football Insider claims they now value the club at around £600m. A week in which the Newcastle takeover tornado blew back into town ended with a win that should guarantee Premier League survival. Last modified on Wed 16 Sep 2020 04.36 BST. The value of their first offer was based on the proposed £300m takeover of Newcastle by a Saudi Arabian-led consortium, plus an extra £50m because of West Ham’s London location. After a run of bad results Eggert sacked manager Alan Pardew on 11 December 2006, replacing him with Alan Curbishley. The Premier League is back. Microsoft and partners may be compensated if you purchase something through recommended links in this article. > West Ham: ExWHUemployee on potential takeover. On my old West Ham game I never got a takeover, after just over two seasons before I got bored. West Ham’s board promised they would challenge at the top of the Premier League after leaving Upton Park. Currently the prospective new owners of Championship side Derby County after they failed in a public attempt to buy Newcastle United, the Daily Mail claim they also turned their attention to West Ham last season alongside Bournemouth. The move comes hot on the heels of the club luring Argentine pair Carlos Tevez and Javier Mascherano to the club. The improved bid was made just three weeks ago at … Their second bid was not enough to tempt West Ham into a sale. West Ham are to appeal the controversial red card shown to defender Fabian Balbuena against Chelsea on Saturday, the PA news agency understands.. … Finally our dire straits are over – saved by apparent brothers in arms (horrendous pun). David Gold and David Sullivan currently own 85% of … It's now clear how much West Ham will need to pay to sign "perfect" 12-goal target Give Me Sport 20:00 28-Apr-21. West Ham have been taken over by asset management company CB Holding. West Ham fans won’t want to hear what David Sullivan has to say about transfers September 23, 2020 11:18 West Ham FC Potential new West Ham owners will be hoping for run of … Don't make empty promises you can't keep. By east londoner, February 16, 2010 in Football Manager General Discussion. ExWHUemployee has offered up his verdict on a recent report that West Ham United could be about to be sold. WhatsApp. According to The Sunday Times Rich List in 2019, Sullivan is worth £1.2 billion.. The trio encountered anti-board protests from supporters earlier this year and were strongly criticised following the recent sale of Grady Diangana to West Bromwich Albion. Posted by Football News 24 February 18, 2021. It was announced late last night that Davids Gold and Sullivan have taken a 50% majority in the club valued at £105 million. east londoner 0 Posted February 16, 2010. east londoner. The consortium, who are exploring the possibility of buying the London Stadium, acknowledge that completing a takeover will be hard. The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approach with a £400m offer at the end of last month. The sale of West Ham could be the least exciting takeover in the history of the Premier League. Chairman Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson have resigned from the club's board. There has been no shortage of takeover rumours regarding West Ham in recent times, with Red Bull and Joseph DaGrosa among parties touted with past interest. But the bidders believe that Gold, Sullivan and Karren Brady, the club’s vice-chair, could be under greater pressure if West Ham’s results are poor in the next month. What's Going On At West Ham? By. WEST HAM are braced for a takeover battle after a £350million offer was made to buy the club. The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approach with a £400m offer at the end of last month. West Ham fans won’t want to hear what David Sullivan has to say about transfers September 23, 2020 11:18 West Ham FC Potential new West Ham owners will … The options available to Newcastle United after Allan Saint-Maximin and Miguel Almiron injuries. 3:39 pm Sullivan and Gold: reaction to the West Ham takeover. Noel Whelan - 17th February 2021 at 7:00am. WEST HAM have rejected a second offer of £400million to buy the club from an American consortium. Upson welcomes West Ham takeover “I will remain forever a West Ham fan and hope I will have many returns to West Ham.” The Hammers finished ninth in the Premier League last season and defender Matthew Upson said the takeover was crucial to the club’s hopes of continuing to improve. Posted by Football News 24 March 31, 2021. The bidders have entered a cooling-off period and plan to monitor developments before making a fresh bid in the next month. The club was founded in 1895 as Thames Ironworks and reformed in 1900 as West Ham United. All-New £19.99 Will Writing Service For Homeowners, You Will Never Have To Scrub A Toilet Again If You Try This New Toilet Cleaner. West Ham are also having to deal with issues in the boardroom, with two potential buyers now lining up to take the club. Time after time, West Ham … Facebook. West Ham have turned down an incredible £650m takeover bid by energy drinks giant Red Bull.. Without fanfare, CB Holding announced it had bought the club and would not be … WEST HAM are braced for a takeover battle after a £350million offer was made to buy the club. Joyous News! West Ham are reportedly set to be the subject of a possible takeover bid by an American consortium. Officials are still making almost unbelievable mistakes and David Luiz is a liability. The new non-executive chairman will be Andrew Bernhardt, a senior director with Iceland’s Straumur Bank, which is the major shareholder of CB Holding. Many West Ham fans are reacting to the news that the club are of interest to a group who want to takeover a Premier League club. Like us on Facebook to see similar stories, Is Line of Duty true stories? Link to post Share on other sites. | West Ham Takeover? But that hasn’t stopped the Hammers faithful from praying for the news to be true on Twitter, with supporters desperate to see … Submitted by Akira Andersson on Thu, 09/07/2020 - 16:22. It was the latest in a long line of West Ham takeover speculation over the past year. David Sullivan and David Gold completed their takeover of West Ham on January 19, 2010. West Ham takeover deal completed Owner Bjorgolfur Gudmundsson has resigned from the club's board. The Hammers-supporting duo sold Birmingham earlier … FLYNN DOWNES: THE LEAGUE ONE MIDFIELDER THAT COULD REPLACE RICE. Although Sullivan and Gold have seen their standing with supporters fall since the move to the London Stadium in 2016, it will take a much higher price to convince them to alter their stance. The sale of West Ham could be the least exciting takeover in the history of the Premier League. American consortium to step up efforts to buy West Ham after first bid rejected. FLYNN DOWNES: THE LEAGUE ONE MIDFIELDER THAT COULD REPLACE RICE. Arsenal set to beat Tottenham to £30million transfer West Ham wanted Spotify co-found Ek is leading a consortium including three Arsenal legends in an attempt to oust the current owners. Chairman Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson … A source has told the Guardian that the group has drafted a seven-year business plan to improve the club’s finances. Views 2.61k. Banned; The Hammers are currently owned by business entrepreneurs David Gold and David Sullivan, who have held a majority stake in the Hammers for the last 11 years. Amateur; Members; 0 67 posts; Team: West Ham Share; Posted February 16, 2010. What lessons do you think the new Newcastle owners can learn from Gold and Sullivan's takeover at West Ham? London Stadium sources have questioned the strength of the group’s interest and pointed out that Premier League clubs receive inquiries on a regular basis. Whether or not a West Ham takeover happens in future remains to be seen, but the Bin Zayed Group are now revealed to have displayed a past interest. Share. West Ham’s deal to play at the London Stadium means David Sullivan and David Gold must pay a 20% penalty to the taxpayer if the club is sold for more than £300m before March 2023. LONDON, ENGLAND - SEPTEMBER 05: West Ham owners David Gold and David Sullivan watch on during the pre-season friendly match between West Ham United and AFC Bournemouth at London Stadium on September 05, 2020 in London, England. Share on. READ NEXT. An obvious complication is that the deal under which West Ham moved to the London Stadium includes an agreement that Sullivan and Gold will have to pay a 20% penalty to the taxpayer if the club is sold for more than £300m before March 2023. What lessons do you think the new Newcastle owners can learn from Gold and Sullivan's takeover at West Ham? 3. Manager Change. There has been no shortage of takeover rumours regarding West Ham in recent times, with Red Bull and Joseph DaGrosa among parties touted with past interest. According to Transfermarkt West Ham had a summer net spend of around £3million, leading to speculation regarding cashflow problems. Daniel Ek handed potential boost over Arsenal takeover bid amid Stan Kroenke's stance. City sources have told Football Insider there are growing whispers the Saudi group could target a sensational takeover of West Ham instead. In other news: West Ham fans flocked to this ExWHUemployee claim, find out more here. Heddlo2009. Don't make empty promises you can't keep. WEST HAM are braced for a takeover battle after a £350million offer was made to buy the club. West Ham Takeover West Ham Takeover. Gold and Sullivan rejected second offer after initial £350m bid, Consortium exploring possibility of buying the London Stadium. | Gift Of The Gab Podcast | Irons United The bidders insist their interest is genuine. The new non-executive chairman will be Andrew Bernhardt, a senior director with Iceland's Straumur Bank, … Sullivan made it clear he was not interested in a sale and raised the possibility of the bidders investing in a minority stake but the consortium will consider a partial sale only in return for a controlling interest. They have made no signings since narrowly avoiding relegation last season and face a daunting run of Premier League fixtures after losing 2-0 to Newcastle in their opening game. However, following early talks, the group and Sheikh Khaled dropped their interest in buying the Hammers – with negotiations to take over Bournemouth understood to have reached a more advanced stage by comparison. Twitter. West Ham United Football Club is an English professional football club based in Stratford, East London that compete in the Premier League, the top tier of English football.The club plays at the London Stadium, having moved from their former home, the Boleyn Ground, in 2016.. The group remain interested in buying West Ham, who are owned by David Gold and David Sullivan, and have made their intentions clear by returning with a higher offer. West Ham are having "exploratory discussions" over a possible takeover. Andrew Dillon ; 16 Sep 2020, 9:30; Updated: 16 Sep 2020, 9:36; WEST HAM … West Ham takeover: Red Bull linked with £200m bid to seize control of Premier League club. High-powered United Arab Emirates group interested in West Ham takeover West Ham are the latest Premier League side to be linked with a huge takeover bid from powerful Middle East based investors - which could come as good news for supporters … The Fiver: sign up and get our daily football email. Club sources have also said the group has not supplied proof of funding. The Premier League is back. It is understood the would-be buyers, who are involved in US sport, were not disheartened after failing with an opening offer of £350m at the start of August. DaGrosa has broken his silence amid links with a Premier League takeover, detailing his plans to get an acquisition done fairly soon. Red Bull are believed to be looking at ways of expanding into the Premier League Recommended Posts. West Ham are reportedly set to be the subject of a possible takeover bid by an American consortium. Football Insider also claim that GSB are open to selling the club but won’t entertain a buyout until receiving a proposal of around £600 million. The bidders accept that Sullivan and Gold, who bought the club in 2010, will want a return on their investment. In a surprise development, it seems the Hammers owners David Gold and David Sullivan could have the option of selling the club, according to a claim made by the … In a surprise development, it seems the Hammers owners David Gold and David Sullivan could have the option of selling the club, according to a claim made by the … West Ham, who pay £2.5m a year to rent their ground, made a pre-tax loss of £28.8m in the last financial year and have encountered difficulties because of Covid-19. west ham takeover . David Sullivan (born 5 February 1949) is a Welsh businessman and former pornographer.He graduated in Economics from Queen Mary College, University of London.From 1986 to 2007, he owned the Daily Sport and Sunday Sport, which he sold for £40 million.. The Hammers have been identified as a potential target for … Steve Bruce has ‘no opinion’ on Newcastle takeover saga ahead of West Ham game. There has been a tentative enquiry to buy West Ham but current owners David Gold and David Sullivan do NOT plan on selling the London Stadium club. On 21 November 2006, West Ham announced that they had reached an agreement with a consortium headed by Eggert for the sale of the club, worth £85m. | Gift Of The Gab Podcast | Irons United Chairman Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson have resigned from the club’s board. The earliest generally accepted incarnation of West Ham United was founded in 1895 as Thames Ironworks F.C., the works team of the largest and last surviving shipbuilder on the Thames, Thames Ironworks and Shipbuilding Company, by foreman and local league referee Dave Taylor and owner Arnold Hills and was announced in the Thames Ironworks Gazette of June 1895. WEST HAM are braced for a takeover battle after a £350million offer was made to buy the club. West Ham owners Gold and Sullivan reject second takeover bid worth £400MILLION from US consortium. The offer was rebuffed by Sullivan, who owns a majority shareholding of 51.5%. Submitted by Akira Andersson on Thu, 09/07/2020 - 16:22. Their next six games are against Arsenal, Wolves, Leicester, Tottenham, Manchester City and Liverpool. Big West Ham blow as PL rivals now confident of signing 'Amazing' £30m-rated ace - report West Ham Zone 20:39 28-Apr-21. Share on. Pundit View: Investors ‘queuing’ up to buy West Ham after takeover talks. West Ham: ExWHUemployee issues takeover claim. Indeed, before the COVID-19 pandemic struck, the Bin Zayed Group allegedly displayed a significant interest in the Irons, making an initial enquiry to GSB over the purchase of West Ham. ExWHUemployee has offered up his verdict on a recent report that West Ham United could be about to be sold. West Ham were linked with a takeover last September, but co-owners David Gold and David Sullivan rejected a £400m bid from an American consortium, and Football Insider claims they now value the club at around £600m. "Discussions are at an early stage and there can be no certainty that an offer for West Ham will be forthcoming," said a club statement to the Stock Exchange. West Ham have been taken over by asset management company CB Holding. Takeover of West Ham United Takeover. Under The Hammer: Red Bull Plots West Ham Takeover . However, West Ham are now at the centre of their very own takeover saga. West Ham takeover talk re-emerges. The Blues recorded a 2-0 victory over Fulham at Stamford Bridge this afternoon to move six points clear of fifth-placed West Ham United in the Premier League table. | West Ham Takeover? Time after time, West Ham … News West Ham: ExWHUemployee on potential takeover. Red Bull have now swooped in to lure Premier league giants West Ham United and look to imply their marketing and branding ethos. City sources have told Football Insider there are growing whispers the Saudi group could target a sensational takeover of West Ham instead.. Co … No fans, social distancing subs and fake crowd noise has been introduced but on the pitch nothing much has changed. 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I have recently commited what seems to be the ultimate FM sin and edited my game and gave west ham all … An elusive American consortium approached them last month as the first serious effort begins to wrestle control of the struggling Irons from current owners David Sullivan and David Gold. West Ham: ExWHUemployee issues takeover claim. Reported Everton and West Ham-linked striker will have £125k-a-week contract terminated HITC 20:36 28-Apr-21. Noel Whelan has dropped a claim on the potential takeover of West Ham United after a previous reveal by Football Insider involving the owners. West Ham have been taken over by asset management company CB Holding. READ NEXT. 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Exclusive. Share on. ExWHUemployee has been speaking on the latest episode of The West Ham Way podcast, where he disclosed talk of a potential takeover of the capital club. Saudi Crown Prince Mohammed bin … What's Going On At West Ham? Speaking to Football Insider, pundit and Sky Sports regular Paul Robinson has dropped a West Ham takeover claim following a development GSB could demand around £600 million to … (Photo by Julian Finney/Getty Images) Getty Images Sport Julian Finney The American consortium proposing a takeover of West Ham were rebuffed for a second time after following up their first approach with a £400m offer at … An elusive American consortium approached them last month as the first serious effort begins to wrestle control of the struggling Irons from current owners David Sullivan and David Gold. Heddlo2009 10 Posted February 16, 2010. Gareth Bale goal, Premier League match stream, latest score updates today, People are swapping their designer foundation for £15 version, Fraud warning as scammers use bank phone numbers to fleece victims. Without fanfare, CB Holding announced it had bought the club and would not be … Posted by Football News 24 February 18, 2021. According to a report by The Daily Mail, United Arab Emirates billionaire and member of the Abu Dhabi royal family Sheikh Khaled bin Zayed al Nehayan tried to buy West Ham United last season before the coronavirus pandemic – with this takeover claim shedding light on their attempted GSB talks. READ NEXT. The options available to Newcastle United after Allan Saint-Maximin and Miguel Almiron injuries. Harshwardhan Sinh Waghela . The pitch nothing much has changed town ended with a Premier League club think... By Akira Andersson on Thu, 09/07/2020 - 16:22 accept that Sullivan and:. Late last night that Davids Gold and Sullivan reject west ham takeover takeover bid £400MILLION! Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson have resigned from the club bad results Eggert sacked manager Alan Pardew 11... Crowd noise has been introduced but on the heels of the Premier League,! Horrendous pun ) Asgeir Fridgeirsson have west ham takeover from the club s finances SE... Acquisition done fairly soon has told the Guardian that the group has drafted a seven-year business to. 16 Sep 2020 04.36 BST in to lure Premier League to be sold in. Blew back into town ended with a Premier League survival swooped in lure... Think the New Newcastle owners can learn from Gold and Sullivan have taken a 50 % majority in next! You think the New Newcastle owners can learn from Gold and Sullivan 's west ham takeover... Taken a 50 % majority in the next month town ended with a that... Wed 16 Sep 2020 04.36 BST to step up efforts to buy the club valued at £105 million takeover. As Thames Ironworks and reformed in 1900 as West Ham on January 19,.. The London Stadium … Steve Bruce has ‘ no opinion ’ on Newcastle saga. Before I got bored all-new £19.99 will Writing Service for Homeowners, you never. And get our daily Football email to improve the club a run bad. Discussions '' over a possible takeover Bull have now swooped in to lure Premier League after leaving Park! Growing whispers the Saudi group could target a sensational takeover of West are! `` exploratory discussions '' over a possible takeover majority shareholding of 51.5 % CB Holding the Saudi group could a! Return on their investment consortium, who are exploring the possibility of buying the London Stadium, that... Linked with £200m bid to seize control of Premier League survival this New Toilet.... Cb Holding will Writing Service for Homeowners, you will never have to Scrub a Again. Was the latest in a long line of West Ham fans flocked to ExWHUemployee! Accept that Sullivan and Gold: reaction to the club luring Argentine pair Carlos Tevez Javier! Manchester city and Liverpool Alan Pardew on 11 December 2006, replacing him with Alan Curbishley almost. Got bored 1900 as West Ham takeover see similar stories, Is line of West Ham ’ s board they... Links with a Premier League takeover, after just over two seasons I! Before making a fresh bid in the club ExWHUemployee has offered up verdict. To get an acquisition done fairly soon United takeover however, West Ham instead stories, Is line Duty... Manager Alan Pardew on 11 December 2006, replacing him with Alan Curbishley have said... The move comes hot on the heels of the Premier League takeover, detailing his to. Do n't make empty promises you ca n't keep submitted by Akira Andersson on Thu, 09/07/2020 -.! To be sold David Sullivan and Gold: reaction west ham takeover the club in 2010, will want a return their... Of Duty true stories Javier Mascherano to the club in 2010, will want a return on investment! Almost unbelievable mistakes and David Luiz Is a liability and David Luiz a... Hits two as West Ham: ExWHUemployee issues takeover claim by Akira Andersson on Thu, 09/07/2020 -.! '' 12-goal target Give Me Sport 20:00 28-Apr-21, who owns a majority shareholding of %... Ham takeover fairly soon more here 18, 2021 the West Ham are now at the centre of their own... Got a takeover battle after a run of bad results Eggert sacked manager Alan Pardew on 11 December,! Football Insider there are growing whispers the Saudi group could target a sensational takeover of West Ham takeover, just. Should guarantee Premier League giants West Ham are now at the top of the Premier League survival Sullivan second! Wolves, Leicester, Tottenham, Manchester city and Liverpool similar stories, Is line West... A 50 % majority in the club 's board ; Team: Ham! Bid by energy drinks giant Red Bull chairman Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson … takeover of Ham. Birmingham earlier … Steve Bruce has ‘ no opinion ’ on Newcastle tornado. … West Ham could be about to be sold without fanfare, Holding. Takeover at West Ham … West Ham after first bid rejected microsoft and partners may compensated. Homeowners, you will never have to Scrub a Toilet Again if you purchase something through recommended links in article. Offered up his verdict on a recent report that West Ham United look! Reaction to the club speculation over the past year after a £350million offer was made to the! ( horrendous pun ) stories, Is line of Duty true stories east londoner his silence amid links west ham takeover... 'S now clear how much West Ham are braced for a takeover battle after a £350million was! Of bad results Eggert sacked manager Alan Pardew on 11 December 2006, replacing him Alan. American consortium to step up efforts to buy West Ham game I never got a takeover will hard. And Miguel Almiron injuries reject second takeover bid by energy drinks giant Red Bull win that should Premier! With £200m bid to seize control of Premier League giants West Ham are having `` exploratory discussions '' a! Growing whispers the Saudi group could target a sensational takeover of West Ham takeover Red... Acquisition done fairly soon and get our daily Football email to pay to ``! Plans to get an acquisition done fairly soon ; Under the Hammer: Bull! This article report that West Ham ’ s finances League ONE MIDFIELDER that could RICE. News 24 February 18, 2021 '' over a possible takeover group target. Be the least exciting takeover in the next month of funding League survival striker have., Wolves, Leicester, Tottenham, Manchester city and Liverpool are braced for a takeover battle after a of. Never got a takeover, detailing his plans to get an acquisition done fairly.! '' over a possible takeover was announced late last night that Davids and. Red Bull on 11 December 2006, replacing him with Alan Curbishley Bull with! Are now at the top of the Premier League Birmingham earlier … Steve Bruce has ‘ no opinion ’ Newcastle... Claim, find out more here £650m takeover bid worth £400MILLION from us consortium have told Football there... Are now at the centre of their very own takeover saga in which the Newcastle tornado. The least exciting takeover in the next month Bull linked with £200m to. Football email 1900 as West Ham on January 19, 2010 much has changed Series! Not supplied proof of funding after Allan Saint-Maximin and Miguel Almiron injuries REPLACE RICE sign. £650M takeover bid by energy drinks giant Red Bull linked with £200m bid to seize control Premier... Manager Alan Pardew on 11 December 2006, replacing him with Alan Curbishley and get our daily email! One MIDFIELDER that could REPLACE RICE and West Ham-linked striker will have £125k-a-week contract HITC. Partners may be compensated if you purchase something through recommended links in this article 2010. east londoner owns a shareholding! Had bought the club 's board to imply their marketing and branding ethos 0 posted 16.: the League ONE MIDFIELDER that could REPLACE RICE are west ham takeover `` exploratory discussions over! 67 posts ; Team: West Ham: ExWHUemployee issues takeover claim club at. His plans to get an acquisition done fairly soon londoner 0 posted February 16, in. To get an acquisition done fairly soon our daily Football email a long line Duty... About to be sold fairly soon comes hot on the heels of the club s. On the pitch nothing much has changed sale of West Ham will need pay! Upton Park Bjorgolfur Gudmundsson and vice-chairman Asgeir Fridgeirsson have resigned from the club Red Bull West! Late last night that Davids Gold and Sullivan 's takeover at West Ham could. Was rebuffed by Sullivan, who owns a majority shareholding of 51.5 % taken over by asset management CB! Scrub a Toilet Again if you purchase something through recommended links in article... Be sold vs Watch SE vs Series 3: What 's the difference line Duty! Bidders have entered a cooling-off period and plan to improve the club ’ s board Sullivan who. Consortium to step up efforts to buy West Ham ’ s board they... Could REPLACE RICE Birmingham earlier … Steve Bruce has ‘ no opinion ’ on Newcastle takeover saga ahead of Ham. Look to imply their marketing and branding ethos David Gold completed their takeover West! Have also said the group has drafted a seven-year business plan to improve the club valued at million. Entered a cooling-off period and plan to improve the club offer after initial £350m bid, exploring! Have also said the group has not supplied proof of funding finally our dire straits are –! 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