Leveraged Buyouts

Fairly simple questions, should they still be in the game?

Throughout FM11 & the FM12 demo I noticed that after a number of club takeovers the club in questions would suddenly have new or additional loan debt attached to them, Plymouth being a case in point who in every demo I had run found themselves saddled with a £15m+ bank loan after the Riddler was ousted.

Over the last few years a number of banks have had their fingers burnt by football tycoon's with the result being that I would struggle to think of any investor getting finance to buy a football club on the basis that it will be leveraged against the club to guarantee payment, history shows that the financier will be lucky to see any sizeable percentage of that money repaid let alone a full return with interest.

For me SI should have realised this & changed the way boardroom changes were handled in FM11 & they have no excuse for these kind of deals still being in FM12.