Oxford, the city of spires, academic achievement and to be blunt, many thick supporters of Oxford United.
When Michael Glazer took over Manchester United, he borrowed heavily from financial institutions to buy the club from the previous owners, resulting in interest payments of over £60 million a year that the club has to pay...
When Tiger purchased Oxford United, rather than borrow money from hedge funds, etc. he reaches an agreement with DE to pay him in instalments. This is probably a cheaper way of financing the takeover than borrowing from profit hungry financial institutions.
So, Oxford United may well be winners from this arrangement. Tiger has capital to invest in players like Dickie, the debt to people who care nothing about Oxford is minimised and Darryl Eales gets his money when Oxford United can afford it... I presume that any interest to Darryl Eales is paid at a lower rate than Tiger could have got from a financial institution.
Yet the thick people only think that DE is taking money from the club... They can't get the fact through their thick skulls that Tiger hasn't purchased the club in full. I would much sooner have club debt owed to DE than a financial institution that could come knocking at anytime, and potentially landing Oxford with a 12 point penalty... If Oxford income drops, DE doesn't get his money. If we receive money from player sales, and are not in financial difficulties, DE gets his money.