The ?80m owed to the owner hampers you more than you think

Itfc now need a billionaire of epic proportions to buy them if ever Marcus gets bored or goes bust and needs his money out. How many sheiks will have heard of Ipswich? Not an attractive investment. You are also hampered with interest on the loans that Marcus Evans is extracting from the club.

Posted By: Tony Martin on April 19th 2014 at 21:12:56

Message Thread

Which club in the championship is debt free? (NCFC) - 1978_1981, Apr 19, 21:03:15
- When you are a bit older and study economics you will understand (NCFC) - revsimon, Apr 19, 21:23:20
  - Boring,,,,,,,, financially stable (n/m) (NCFC) - 1978_1981, Apr 19, 21:29:39
- Have you paid the St Johns ambulance yet and all the other small local business you owe (NCFC) - Hit Squadie, Apr 19, 21:13:36
  - Have you guys repaid the insurance on the stand fire? (n/m) (NCFC) - 1978_1981, Apr 19, 21:14:43
    - Just about (n/m) (NCFC) - Coventry Yellow, Apr 19, 21:16:12
    - yes (n/m) (NCFC) - colincanary, Apr 19, 21:16:08
- The ?80m owed to the owner hampers you more than you think (NCFC) - Tony Martin, Apr 19, 21:12:56
  - So you agree it's not a debt? (NCFC) - 1978_1981, Apr 19, 21:13:54
    - No you tard it's a DEBT a big one at that. (n/m) (NCFC) - Tony Martin, Apr 19, 21:14:59
- So your owner is ready to wipe ?80,000,00 off his bank balance (NCFC) - phrankin, Apr 19, 21:08:25
  - Not a debt (NCFC) - 1978_1981, Apr 19, 21:10:07
    - If someone lends you money, you have to repay (NCFC) - phrankin, Apr 19, 21:10:51
      - Unless it's the owner who doesn't? (NCFC) - 1978_1981, Apr 19, 21:11:43
        
        Ah ok, is your owner not going to ask for the 80 million debt to be repaid? (n/m) (NCFC) - phrankin, Apr 19, 21:13:39
        
        Why should he, when we get up it's pay day. (n/m) (NCFC) - 1978_1981, Apr 19, 21:15:21
        
        Pay day for him yes, as he can "repay" the clubs debt to his other companies. (n/m) (NCFC) - phrankin, Apr 19, 21:16:38
        
        as we say not a debt (n/m) (NCFC) - 1978_1981, Apr 19, 21:19:28
        
        Well you are... you pay Marcus Evans about ?4,000,000 a year interest on the 'non debt'. (n/m) (NCFC) - phrankin, Apr 19, 21:21:01
        
        or should I say... about 5% a year in interest is added to the debt (NCFC) - phrankin, Apr 19, 21:24:51
        
        He is the owner you can't pay the owner (NCFC) - 1978_1981, Apr 19, 21:23:38
        
        That's not entirely true.... he adds the interest to the debt (NCFC) - phrankin, Apr 19, 21:27:09
        
        you need to let go of this debt line (NCFC) - 1978_1981, Apr 19, 21:27:44
        
        Oh I agree, Either Marcus Evans has spent ?80,000,000 on Ipswich (NCFC) - phrankin, Apr 19, 21:30:14
        
        You're much too clever for me (n/m) (NCFC) - emmaroyds, Apr 19, 21:13:17
- which club doesn't own a ground? (n/m) (NCFC) - Mozzer, Apr 19, 21:07:11
  - Not us? (NCFC) - 1978_1981, Apr 19, 21:07:57
    - oh dear, oh dear...... (NCFC) - Mozzer, Apr 19, 21:10:04
    - Lol clearly don't support ipswich do you. (n/m) (NCFC) - Tony Martin, Apr 19, 21:08:30
    - lol! (n/m) (NCFC) - Yellalee, Apr 19, 21:08:26
      - Ipswich Borough Council own Portaloo Road (n/m) (NCFC) - phrankin, Apr 19, 21:09:24
        
        Incorrect! (NCFC) - 1978_1981, Apr 19, 21:12:46
        
        so, you don't own your ground. Thanks for clearing that one up. (n/m) (NCFC) - phrankin, Apr 19, 21:22:27
        
        how much is the grass valued at? (n/m) (NCFC) - Mozzer, Apr 19, 21:14:30
        
        Not the ground tho. Now you've proved your a troll (n/m) (NCFC) - Tony Martin, Apr 19, 21:14:24
- Rofl. You muppet. ?80m of liability on your last accounts (n/m) (NCFC) - Tony Martin, Apr 19, 21:05:21
  - Idiot (NCFC) - 1978_1981, Apr 19, 21:06:05
    - You think your "owner" is a charity and will happily allow Ipswich Town Football Club (NCFC) - essexcanaryOTBC, Apr 19, 21:09:45
    - fuck, you're good (n/m) (NCFC) - emmaroyds, Apr 19, 21:07:30
    - I'm a qualified chartered accountant. Is classed as debt. Tool. (n/m) (NCFC) - Tony Martin, Apr 19, 21:06:46
- Yep, brilliant isn't it? (n/m) (NCFC) - Yellalee, Apr 19, 21:05:07
- Since when ??? (n/m) (NCFC) - Coventry Yellow, Apr 19, 21:04:37
  - . (NCFC) - 1978_1981, Apr 19, 21:05:18
    - That is in many ways worse. (n/m) (NCFC) - Tony Martin, Apr 19, 21:05:51
    - Thick shites. (n/m) (NCFC) - Yellalee, Apr 19, 21:05:47
- Err no (n/m) (NCFC) - colincanary, Apr 19, 21:03:46
  - Yes my little scummer (NCFC) - 1978_1981, Apr 19, 21:04:39
    - But you do owe money ..oh .. (NCFC) - colincanary, Apr 19, 21:05:44
      - Muppet (NCFC) - 1978_1981, Apr 19, 21:07:08
        
        You don't owe money to investors dickhead (NCFC) - essexcanaryOTBC, Apr 19, 21:42:00
        
        Hahaha. Best one yet! (n/m) (NCFC) - Yellalee, Apr 19, 21:07:42
    - Yep! Good old Marcus! (n/m) (NCFC) - Yellalee, Apr 19, 21:05:29

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