It's simply working capital management
We want the cash from the TV deal upfront effectively, whereas it comes in phases.
We've got various liabilities;
- Players bonuses;
- Transfer bonuses;
- Repayment of the bonds;
- New transfer fees;
etc
It's just better to get the cash up front.
Posted By: SimonOTBC on May 21st 2019 at 12:29:03
Message Thread
- FAO sexybennett or other ITK“Big news coming on that front” (NCFC) - loz, May 21, 11:57:49
- Down 22m yet part of that is payment for... (NCFC) - usacanary, May 21, 16:01:23
- That’s a horrible website and the journalist writes like a snide. (n/m) (NCFC) - Bungle, May 21, 15:36:44
- Cash flow (n/m) (NCFC) - Waz, May 21, 13:27:16
- Exactly....we have money coming in but not yet. (NCFC) - usacanary, May 21, 15:55:38
- and a swift loan lined up i reckon (n/m) (NCFC) - Waz, May 21, 13:30:16
- New sponsorship.... (n/m) (NCFC) - Pukki Pies, May 21, 12:56:50
- King Larrald soon to become new celebrity board member (NCFC) - essexcanaryOTBC, May 21, 12:33:34
- It's simply working capital management (NCFC) - SimonOTBC, May 21, 12:29:03
- Not referring to that as you say that’s self explanatory ... (NCFC) - loz, May 21, 12:30:22
- dunno. but that website is terribly unusable due to all the ads (n/m) (NCFC) - Tony Martin, May 21, 12:21:17
- Yea it’s shite that line Intrigued me though as sounded ... (NCFC) - loz, May 21, 12:25:11
- Almost thrown in there as if they want to get people talking, and clicks... (n/m) (NCFC) - Yellalee, May 21, 12:29:08
- Some people do have itk stuff though (n/m) (NCFC) - loz, May 21, 12:34:05
- They do, true. Just don't ever remember Vitalfootball being one of them! m (NCFC) - Yellalee, May 21, 14:43:43
- Some people do have itk stuff though (n/m) (NCFC) - loz, May 21, 12:34:05
- Almost thrown in there as if they want to get people talking, and clicks... (n/m) (NCFC) - Yellalee, May 21, 12:29:08
- Yea it’s shite that line Intrigued me though as sounded ... (NCFC) - loz, May 21, 12:25:11
- Webber & Kensell are doing a sponsored bike ride to Germany in pre-season to raise funds (NCFC) - 702, May 21, 12:13:03
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