I don't think it would be a few million

Even if we borrowed ?20m (which sounds like way more than we'd need) for 3 months at 5% (which is much higher than it would actually be) that would cost ?250k, less the tax deduction it comes to a net cost of ?200k.

Posted By: SimonOTBC on May 17th 2016 at 21:19:48

Message Thread

Charlie wyett much less dramatic than tsf... (NCFC) - loz, May 17, 20:09:40
- probably due to having jetted lots of money in Jan (NCFC) - Worzel Scrimmage, May 17, 20:33:30
  - The club probably has better sources of funds than wonga.com (n/m) (NCFC) - SimonOTBC, May 17, 20:34:52
    - bank loans aren't that cheap either (NCFC) - Worzel Scrimmage, May 17, 20:43:06
      - I don't think it would be a few million (NCFC) - SimonOTBC, May 17, 21:19:48
        
        fair enough (NCFC) - Worzel Scrimmage, May 17, 21:31:39
        
        Any money paid in interest is a waste (NCFC) - SimonOTBC, May 17, 21:38:11
- I'd be worried if we were sat on pots of cash (n/m) (NCFC) - SimonOTBC, May 17, 20:24:24
  - In the summer our working capital ratio was ?32m in the red, obviously there were (NCFC) - lovely old job, May 17, 20:30:47
    - They can still borrow to fix a short term cash shortfall (NCFC) - SimonOTBC, May 17, 20:33:25
- So McNally jumped knowing we'd have no chance of going straight back up (NCFC) - Fozzie, May 17, 20:21:30
  - McBonus. (n/m) (NCFC) - Chris Peacock, May 17, 20:43:55

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