I think regardless of what the terms of the debt are...
You can't add that as "value" to a business.
Here's your Mars Bar, Sir. That'll be 40p, oh, and the 40p I owe Tom. Thanks.
Posted By: Dog on March 1st 2009 at 19:18:55
Message Thread
- People seem to think the board over valued the club (NCFC) - grimsbycanary3, Mar 1, 19:16:50
- I think regardless of what the terms of the debt are... (NCFC) - Dog, Mar 1, 19:18:55
- exactly (NCFC) - grimsbycanary3, Mar 1, 19:20:51
- The ?56 million was (NCFC) - Bryan Salad Surgery, Mar 1, 19:28:48
- I believe ?16m was the figure the club gave (n/m) (NCFC) - Ben, Mar 1, 19:27:42
- well doesnt sound too unreasonable does it? (n/m) (NCFC) - grimsbycanary3, Mar 1, 19:31:18
- It does to me (NCFC) - Ben, Mar 1, 19:41:39
- what have sheff weds just valued themself at (NCFC) - grimsbycanary3, Mar 1, 19:44:40
- if you value the club at 16mn and the buyer takes on the debt (NCFC) - Worzel Scrimmage, Mar 1, 19:51:30
- does the debt count towards the value? (n/m) (NCFC) - grimsbycanary3, Mar 1, 20:09:17
- Well if you're taking on ?20m debt as well then in effect you're spending ?36m (n/m) (NCFC) - Ben, Mar 1, 20:12:40
- yes you are spending that (NCFC) - grimsbycanary3, Mar 1, 20:24:04
- No? what is it then? (NCFC) - Worzel Scrimmage, Mar 1, 20:49:13
- Because that what the loan agreements say (NCFC) - Bryan Salad Surgery, Mar 1, 20:51:27
- We're talkign about whether the debt is considered part of the fucking value or not ffs (NCFC) - Worzel Scrimmage, Mar 1, 20:58:30
- Ah now I understand (NCFC) - Bryan Salad Surgery, Mar 1, 21:07:42
- what you have to pay for something and the value are two very different things (n/m) (NCFC) - grimsbycanary3, Mar 1, 21:02:49
- have a read of this (NCFC) - Worzel Scrimmage, Mar 1, 21:11:02
- We're talkign about whether the debt is considered part of the fucking value or not ffs (NCFC) - Worzel Scrimmage, Mar 1, 20:58:30
- Because that what the loan agreements say (NCFC) - Bryan Salad Surgery, Mar 1, 20:51:27
- No? what is it then? (NCFC) - Worzel Scrimmage, Mar 1, 20:49:13
- yes you are spending that (NCFC) - grimsbycanary3, Mar 1, 20:24:04
- Well if you're taking on ?20m debt as well then in effect you're spending ?36m (n/m) (NCFC) - Ben, Mar 1, 20:12:40
- does the debt count towards the value? (n/m) (NCFC) - grimsbycanary3, Mar 1, 20:09:17
- if you value the club at 16mn and the buyer takes on the debt (NCFC) - Worzel Scrimmage, Mar 1, 19:51:30
- what have sheff weds just valued themself at (NCFC) - grimsbycanary3, Mar 1, 19:44:40
- It does to me (NCFC) - Ben, Mar 1, 19:41:39
- well doesnt sound too unreasonable does it? (n/m) (NCFC) - grimsbycanary3, Mar 1, 19:31:18
- Correct. (n/m) (NCFC) - Dog, Mar 1, 19:22:42
- exactly (NCFC) - grimsbycanary3, Mar 1, 19:20:51
- I think regardless of what the terms of the debt are... (NCFC) - Dog, Mar 1, 19:18:55
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