that is true
it said as a note to last years accounts that if we stay up some debt will become repayable. Can't remember off the top of my head how much of the loan.
But remember by staying up we about 40m better off, plus the extra 750k per position we can squeeze out.
Our debt was only half this figure, and they've been paying off some debt over the past year (no one will know how much until the accounts come out). So even if it all becomes repayable we can afford it, it just means PLs coffers wont be as large as everyone is making out on the pinkun.
Also the point purplecanary makes regarding not being able to renegotiate loans, is incorrect. Of course we can, we have less debt than before and are in a stronger position now financially and football wise.
McNally has been fantastic for us since he joined and this continues with every day he is here.
Posted By: Tony Martin on April 24th 2012 at 12:04:55
Message Thread
- Club finance... (NCFC) - loz, Apr 24, 11:38:38
- ?7.5m upon promotion & ?7.5m on survival. (n/m) (NCFC) - lovely old job, Apr 24, 12:19:43
- sorry the first ?7.5m has been paid. (n/m) (NCFC) - lovely old job, Apr 24, 12:20:11
- that is true (NCFC) - Tony Martin, Apr 24, 12:04:55
- ^^^^^^Commonsense^^^^^^^^ (n/m) (NCFC) - brianguthrysluvchild, Apr 24, 12:35:32
- Purple Canary is correct in as much as we cannot renogiate the (NCFC) - lovely old job, Apr 24, 12:27:00
- yup, we can just replace it. No need for worrying about it. (n/m) (NCFC) - Tony Martin, Apr 24, 12:30:02
- Our Finances are great & I woud have thought Lambo will have the biggest (NCFC) - lovely old job, Apr 24, 12:33:05
- yup, we can just replace it. No need for worrying about it. (n/m) (NCFC) - Tony Martin, Apr 24, 12:30:02
- Im sure the banks would renegotiate (NCFC) - Klobo04, Apr 24, 12:08:40
- Thanks very much informative and succinct (n/m) (NCFC) - loz, Apr 24, 12:08:39
- no prob. I get fed up of the scaremongerererererers on the pinkun. (n/m) (NCFC) - Tony Martin, Apr 24, 12:17:33
- You wait until one part of McNally's financial plan kicks in.... (NCFC) - HairyBobbingManAss, Apr 24, 12:23:58
- no prob. I get fed up of the scaremongerererererers on the pinkun. (n/m) (NCFC) - Tony Martin, Apr 24, 12:17:33
- The scaremongering is utter bollocks (NCFC) - norway, Apr 24, 12:08:14
- Say something positive about NCFC (NCFC) - norway, Apr 24, 12:04:52
- ??? (n/m) (NCFC) - loz, Apr 24, 12:09:26
- Nope, that doesn't quite do it for me (n/m) (NCFC) - norway, Apr 24, 12:12:41
- Fail to see how post is negative... (NCFC) - loz, Apr 24, 12:16:04
- Worried about finances (NCFC) - norway, Apr 24, 12:27:24
- except.... (NCFC) - Cheltenham_Canary, Apr 24, 12:18:02
- Fail to see how post is negative... (NCFC) - loz, Apr 24, 12:16:04
- Nope, that doesn't quite do it for me (n/m) (NCFC) - norway, Apr 24, 12:12:41
- ??? (n/m) (NCFC) - loz, Apr 24, 12:09:26
- we could probably get one on better terms now (NCFC) - mr carra, Apr 24, 11:50:08
- ?7.5m upon promotion & ?7.5m on survival. (n/m) (NCFC) - lovely old job, Apr 24, 12:19:43
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.