At the end of the last financial year the club also had
if I remember correctly ?3m cash and money at the bank and an overdraft of ?1.15m.
I just wonder if they are trying to build up a cash balance to pay for the upper tier of the G. Watling stand while trying to pay down the other debts.
Posted By: Financebod on January 17th 2006 at 12:00:39
Message Thread
- I expect ?6.2m to be repaid this season re the non director supplied loans (NCFC) - Financebod, Jan 17, 11:37:17
- At the end of the last financial year the club also had (NCFC) - Financebod, Jan 17, 12:00:39
- Good point. Espec with the rumour flying around that they're going to do that anyway. (n/m) (NCFC) - Arganth, Jan 17, 12:02:18
- what rumour are you referring to ? (NCFC) - Financebod, Jan 17, 12:11:52
- No, the one re pressing on with the 2nd tier of the Main Stand regardless of promotion... (n/m) (NCFC) - Arganth, Jan 17, 13:12:35
- The cash balance explains why there is no urgent need to sell anyone (n/m) (NCFC) - Financebod, Jan 17, 12:08:34
- what rumour are you referring to ? (NCFC) - Financebod, Jan 17, 12:11:52
- Good point. Espec with the rumour flying around that they're going to do that anyway. (n/m) (NCFC) - Arganth, Jan 17, 12:02:18
- At the end of the last financial year the club also had (NCFC) - Financebod, Jan 17, 12:00:39
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