The debt is long term and can't be paid off early
One of the 'features' of the restructuring whihc came into place shortyla fter Delia took over was the debt repayment terms. This meant that the creditors wanted full repayment over the period with no cancellation or early payment.
When Doncaster says we are in the black he measn that the income exceeds the outgoings including the debt monthly interest payments.
Our debt is between 4 and 6 million following the write off of the watling million
Posted By: John in Texas on May 16th 2005 at 13:14:46
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
- so tv and gate revenue didnt impact at all? (n/m) (NCFC) - a scrimmage, May 16, 12:47:37
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