I presume....
.... The loan is in a holding company which then becomes the main operating company's parent (or further up a direct chain of ownership). All part of the same group and as the holding company where the loan sits isn't trading it needs the funds from the operating co to service any interest/loan repayments.
Posted By: JD3 on May 23rd 2022 at 13:38:29
Message Thread
- Burnley finances - does anyone understand them? (NCFC) - canary_wharf, May 23, 12:58:58
- So - I could borrow £50m from the bank, (NCFC) - canary_wharf, May 23, 13:57:04
- You're Marcus Evans and I claim my £5 (n/m) (NCFC) - Old Splat, May 23, 17:05:27
- if you can put a compelling business case together (NCFC) - CWC, May 23, 15:38:14
- Just put up CR and colney as collateral. (n/m) (NCFC) - KevinBond, May 23, 16:03:29
- "Zoe, shall we buy the club? Just to fuck em right off?" (n/m) (NCFC) - jamesward, May 23, 15:39:47
- I presume the steps are... (NCFC) - SimonOTBC, May 23, 14:05:59
- The key is finding someone willing to lend (NCFC) - SimonOTBC, May 23, 14:15:11
- sounds perfect, im gonna do it (NCFC) - Tombs, May 23, 14:00:42
- I presume.... (NCFC) - JD3, May 23, 13:38:29
- same model which worked wonders for Borders Bookstores... (NCFC) - Cardiff Canary, May 23, 13:14:31
- pretty much as you stated (NCFC) - Henclrikus, May 23, 13:07:05
- D&M all day over a leveraged buyout (NCFC) - jamesward, May 23, 13:32:58
- In another delightful twist (NCFC) - Henclrikus, May 23, 13:17:38
- Yes they leveraged an asset to raise the necessary finance (NCFC) - inutero, May 23, 13:04:14
- So - I could borrow £50m from the bank, (NCFC) - canary_wharf, May 23, 13:57:04
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