I would be surprised if the loans cost any more than 500k

Earnshaw was 2.75 million up front so the whole lot should only have been 3.3 million at most. We got 5.5 million for the Ashton deal so there should be a couple of million left, add to that another 2 million form next years parachute payment and we should have around 4 million to spend, wishful thinking maybe but it's all there in black and white.

Posted By: kevdee on February 1st 2006 at 09:49:46

Message Thread

Board Backing Worthington (NCFC) - Martin Peters, Feb 1, 09:30:41
- surely the whole point of the loans.. (NCFC) - mr carra, Feb 1, 09:33:22
  - God knows what the point of the loans was. (NCFC) - Tricky Hawes, Feb 1, 09:34:54
    - A million? It can't be that much surely? (n/m) (NCFC) - Dr Baker, Feb 1, 09:41:15
      - dunno. suggestion yesterday that JJ is on 12k a week (NCFC) - Tricky Hawes, Feb 1, 09:43:01
        
        JJ was Rangers, big money club, charlton paid a fair whack for him (NCFC) - pants, Feb 1, 09:55:25
        
        Got to be less than that... (NCFC) - Dr Baker, Feb 1, 09:48:18
        
        Whereas it would only cost a million to sack Worthy (n/m) (NCFC) - Old Git, Feb 1, 09:44:54
    - spend a million to save a million? (NCFC) - mr carra, Feb 1, 09:39:41
      - at what point can we sack him for nothing? (NCFC) - Tricky Hawes, Feb 1, 09:40:49
        
        I would imagine... (NCFC) - Jim Nasium, Feb 1, 09:49:31
        
        What are you doing until May? (NCFC) - BerlinCanary, Feb 1, 10:18:27
        
        if there is an end-date.. (NCFC) - mr carra, Feb 1, 09:46:01
- don't think we'll have much if any more cash to spend (NCFC) - Tricky Hawes, Feb 1, 09:32:13
  - Got to fear for the next man in charge, nothing to spend (NCFC) - pants, Feb 1, 09:36:13
  - If the new loans soak up the best part of 3m (assuming all the Ashton money was available) (NCFC) - BerlinCanary, Feb 1, 09:35:00
    - worthy out (n/m) (NCFC) - bertil, Feb 1, 10:38:09
    - we didn't have 6.5m to spend from Ashton cash (NCFC) - Tricky Hawes, Feb 1, 09:36:34
      - Even so, around 1m is a lot to spunk on unnecessary loans (NCFC) - BerlinCanary, Feb 1, 09:40:46
        
        I would be surprised if the loans cost any more than 500k (NCFC) - kevdee, Feb 1, 09:49:46

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