Okay cheers.

Struggling to see how we have enough cash to pay wages every month then.

Do we draw down against the next season's TV monies and on we go? If parachute payments then run out there's a massive crunch point where we need to refinance at a lower amount secured against another asset (the ground), get new investment or sell any valuable players?

£65m just seems a big drawdown when we're in the Champs without rich owners! I am no doubt being stupid or very cautious or both.

Posted By: JD3 on October 18th 2022 at 07:42:37

Message Thread

PM SimonOTBC/Legacy Fan re: short term loans >£65m (NCFC) - JD3, Oct 18, 03:07:10
- The block of text around going concern covers that (NCFC) - CWC, Oct 18, 08:05:26
- The use of the cash won’t be optional (NCFC) - SimonOTBC, Oct 18, 07:29:58
  - The use of cash won’t be optional, the club is card only (n/m) (NCFC) - Augustus Pablo, Oct 18, 07:55:25
  - Okay cheers. (NCFC) - JD3, Oct 18, 07:42:37
    - Yes….you’re right about the fundamental issue (NCFC) - SimonOTBC, Oct 18, 07:47:39
      - I reckon there’ll be quite a few season tickets cancellations as well. (NCFC) - Augustus Pablo, Oct 18, 08:08:20
        
        Yes…. Particularly if the fans are not loving what’s being served up on the pitch (n/m) (NCFC) - SimonOTBC, Oct 18, 08:28:08
        
        Some ST holders on my row barely turn up these days (NCFC) - jamesward, Oct 18, 09:21:37
- And now time to put baby JD3 back in the Moses basket and get some sleep! (n/m) (NCFC) - JD3, Oct 18, 03:10:54

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