The TV money will go straight into Lerner's bank account. (to stay there)
"We've got lots of expensive players".... that are worth nothing now.
"some extra investment from the chairman"... Lerner is broke (in terms on Premier League chairmen)
Lerner needs to jog on or sell a big percentage of the club.
The TV money will mostly be used to pay back debts to Lerner.
The expensive players bit was in relation to their wages, so freeing up a lot of wages will allow us room to negotiate for better quality players.
Lerner is by no means broke, but he shouldn't keep bankrolling the club when it showed no signs of being self-sustaining. However I'm sure that as Lambert has shown he can get value for money then he will be trusted with funds.
Lerner is broke, his ex-wife took half of his fortune when she divorced him. He's now worth 600m, to be an Premier League chairman you need to have money to throw away (a billion or more)
Pretty sure that was before he sold the browns for a crisp 1 bill and made over 300mill in profit, which i think was printed in the Birmingham Mail. The guy has money.
nope, his worth 630m currently.