If the basic fee is say ?7m, we get 50% on day of transfer and 50% in the future

- usually during the next 12 months.

Add ons, eg based on appearances etc have a seperate payment schedule.

The above also applies to players we sign, so a ?2m player results in ?1m being paid on the day of transfer and ?1m being paid later

By the way we had ?3m approx, cash on the last Balance Sheet (31/5/05 I think if I remember correctly)

Posted By: Financebod on January 19th 2006 at 12:01:18

Message Thread

Newspaper claim - one or more board members blocked a ?7m bid by WHU for Ashton? (NCFC) - oh arr, Jan 19, 10:03:15
- I would be quite annoyed if all this holding out has been for 8m (NCFC) - conker, Jan 19, 10:09:12
  - I thought last season it was clearly stated that a bid of ?8m would be needed re Ashton (NCFC) - oh arr, Jan 19, 10:20:37
    - Lets just sell him then (NCFC) - conker, Jan 19, 10:36:59
      - Think of Jerome, Eastwood, a right winger, Davenport, Wright ....... (NCFC) - oh arr, Jan 19, 10:46:45
        
        Never going to sign Jerome.... (NCFC) - conker, Jan 19, 10:48:24
        
        If the basic fee is say ?7m, we get 50% on day of transfer and 50% in the future (NCFC) - Financebod, Jan 19, 12:01:18

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