No but holding cash still more attractive and can help toward interest payments - Wrath of the Barclay

No but holding cash still more attractive and can help toward interest payments

Posted By: Legacy Fan on September 2nd 2023 at 00:45:19

Message Thread

So 40m in revenue? And no spends? (NCFC) - Lager top, Sep 1, 23:46:45
- Even with last of prem cash? (NCFC) - Lager top, Sep 1, 23:56:06
  - We’ve already spent that (n/m) (NCFC) - CWC, Sep 2, 00:19:04
- We have to pay £43.9m loan in full next March. Just popping this in the bank now for some (NCFC) - thirsty work, Sep 1, 23:52:13
- Paying off the £65m loan (n/m) (NCFC) - jamesward, Sep 1, 23:50:42
  - That’s covered by parachute payments (NCFC) - SimonOTBC, Sep 1, 23:55:09
    - Parachute payments won’t even cover the yearly running costs. (n/m) (NCFC) - thirsty work, Sep 2, 00:03:26
      - But in any case, it’s the other way round (NCFC) - SimonOTBC, Sep 2, 00:12:29
      - I don’t think that would be true of this season (NCFC) - SimonOTBC, Sep 2, 00:06:27
    - Well. Interest is high now so loans bad, cash reserves good. (NCFC) - Legacy Fan, Sep 1, 23:56:37
      - The loans are fixed rate, so not impacted by economic climate (n/m) (NCFC) - SimonOTBC, Sep 2, 00:05:35
        
        No but holding cash still more attractive and can help toward interest payments (n/m) (NCFC) - Legacy Fan, Sep 2, 00:45:19
        
        Just looked at the pinkun forum (NCFC) - fleckmatic, Sep 2, 00:13:28

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