Boudica - parachute payments etc.
I checked this sometime ago and was told it comes in payments through the season and not a lump sum at the end of the season.
Looking at the clubs finances and Doncaster statement about debt reduction, it is my belief that the club are repaying at least ?6.2m of (non director sourced) debt this season. Thats why Worthy has been left to sell players in order to "sort out" his squad.
In addition, I believe the cash (?3m less ?1m overdraft at the 31st May 2005) plus any cash generated from the phase 2 development will provide the baulk of the money needed for an upper tier of the G Watling stand.
I'm intrigued as to know what the board has in mind for the ?6m surplus next season!
------------------------
By the way the person you referred to as getting a 2 year ban re Derby, was that the person ejected in the first half (Ricky Bilverstone) or was that the person ejected during the second half ?
Posted By: Financebod on January 21st 2006 at 21:08:07
Message Thread
- FAO Financebod re. Premier parachute payments (NCFC) - Boudica, Jan 21, 20:51:24
- Boudica - parachute payments etc. (NCFC) - Financebod, Jan 21, 21:08:07
- Re parachute payments (NCFC) - trt354, Jan 21, 21:01:12
- trt 354 (NCFC) - Financebod, Jan 21, 21:11:00
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.