Pretty much all football clubs borrow against future earnings …

I don’t know the exact timing would have been while they still had a line through to the club and were fly totally cut out. Few weeks before the end of last season so they would have been well aware what the wage bill was.

Posted By: loz on October 30th 2022 at 18:49:59

Message Thread

One financial thing from the club that hasnt been mantioned......... (NCFC) - usacanary, Oct 30, 18:36:22
- the accounts state (NCFC) - Henclrikus, Oct 30, 19:08:24
  - Attanasio’s loan just kicks the can down the road (n/m) (NCFC) - CWC, Oct 30, 20:46:53
    - Yes. Until Alex Roberts is sold for £100m (n/m) (NCFC) - Henclrikus, Oct 30, 21:05:55
  - We also have £66m to pay off and £73m in contingent liabilities so (NCFC) - Jim, Oct 30, 20:10:19
    - Guaranteed circa 25 million coming in from transfers as well isn’t there ?? (n/m) (NCFC) - loz, Oct 30, 20:19:40
  - Nunez was lees- Melout replacement wasn’t he… (NCFC) - loz, Oct 30, 19:14:15
- Think he said it would be necessary if we wanted significant revamp not that we had to… (NCFC) - loz, Oct 30, 18:40:21
  - Was that before they knew we would spend 118M on wages? (NCFC) - usacanary, Oct 30, 18:43:14
    - Pretty much all football clubs borrow against future earnings … (NCFC) - loz, Oct 30, 18:49:59
      - Nobody is going to come out and say....... (NCFC) - usacanary, Oct 30, 18:56:29
        
        Finances are always tight in the championship (NCFC) - SimonOTBC, Oct 30, 19:56:43
        
        Not horrific but getting steadily worse despite our 'success' (NCFC) - JD3, Oct 30, 21:12:55
        
        No (NCFC) - SimonOTBC, Oct 30, 21:54:07
        
        Give me excessively prudent vs last season's signings any day! 😀 (NCFC) - JD3, Oct 30, 22:12:16
        
        Unfortunately, yes (n/m) (NCFC) - SimonOTBC, Oct 31, 07:20:50
        
        But he also widely put it out there that … (NCFC) - loz, Oct 30, 19:08:09
        
        I should have read this before replying…. (NCFC) - SimonOTBC, Oct 30, 19:57:19

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