Nothing to do with PNE this, jsut the structure of ours.
That old debt, though lower was a massive risk.
The new debt, though much higher, is long term and relatively secure.
They can't come and ask us for it all back tomorrow.
When we owed ?6m they could, practically did, and we pushed players out the door to placate them.
I'd rather the ?20m over the ?6m in those circumstances.
Posted By: megson on March 6th 2009 at 14:55:23
Message Thread
- I was thinking right. Considering that the board no longer have a long term strategy... (NCFC) - Cart Gap Disco, Mar 6, 14:19:58
- Seeing as we've pushed our debt up to 19m since our board have been here (NCFC) - pants, Mar 6, 14:28:45
- Nice idea but the ongoing collapse of global capitalism might make that a bit tricky (n/m) (NCFC) - Cart Gap Disco, Mar 6, 14:31:22
- Yeah, we did a great job of it before all that too (n/m) (NCFC) - pants, Mar 6, 14:33:17
- Doomcaster speaks (NCFC) - Old Git, Mar 6, 14:38:52
- Yebbut, that's right though isn't it? (NCFC) - megson, Mar 6, 14:44:57
- Or the infill (NCFC) - Old Git, Mar 6, 14:51:02
- Yes, that i totally agree with. I always thought the plan was to go up, have a go, but (NCFC) - megson, Mar 6, 15:08:03
- That loan was ?15m too (NCFC) - pants, Mar 6, 14:50:12
- Nothing to do with PNE this, jsut the structure of ours. (NCFC) - megson, Mar 6, 14:55:23
- Or the infill (NCFC) - Old Git, Mar 6, 14:51:02
- Yebbut, that's right though isn't it? (NCFC) - megson, Mar 6, 14:44:57
- Doomcaster speaks (NCFC) - Old Git, Mar 6, 14:38:52
- Yeah, we did a great job of it before all that too (n/m) (NCFC) - pants, Mar 6, 14:33:17
- Nice idea but the ongoing collapse of global capitalism might make that a bit tricky (n/m) (NCFC) - Cart Gap Disco, Mar 6, 14:31:22
- Possible. Incidentally, not once this season have the fans actually picked Ebbsfleet team (n/m) (NCFC) - Yellalee, Mar 6, 14:27:37
- Sack us all, sack us all, sack... (n/m) (NCFC) - Buckscanary, Mar 6, 14:45:55
- or ever from what I can gather (n/m) (NCFC) - Charles21, Mar 6, 14:37:34
- Yep (it's only been available this season I think) (n/m) (NCFC) - Yellalee, Mar 6, 14:38:53
- Seeing as we've pushed our debt up to 19m since our board have been here (NCFC) - pants, Mar 6, 14:28:45
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