Debt increased this season

but it was restructured over a longer period, making it more manageable (sp?). There were many costs involved in going up (extra wages, payments to clubs as contract clauses (Sven did not only cost 50k), extra policing and security due to additional Premier League rules, etc) plus we did more work on the ground (corner infill, etc.). We also spent a bit on players.

We are in a 'lot of' debt, but it is manageable, like a long term mortgage rather than a credit card bill...

Posted By: Jester on May 16th 2005 at 13:11:46

Message Thread

did one premiership season really write off any of the club debt? (n/m) (NCFC) - a scrimmage, May 16, 12:44:56
- The debt is long term and can't be paid off early (NCFC) - John in Texas, May 16, 13:14:46
- Debt increased this season (NCFC) - Jester, May 16, 13:11:46
- I think we are financially healthy (NCFC) - costanzas wig, May 16, 12:53:49
- no, we have long term debt. nm (n/m) (NCFC) - earlydoors, May 16, 12:45:42
  - so tv and gate revenue didnt impact at all? (n/m) (NCFC) - a scrimmage, May 16, 12:47:37
    - pays the wages (n/m) (NCFC) - 11_59 to zero, May 16, 12:49:42

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