Oh, I'm sure they were definitely breaching it

But they got promoted to evade consequences (like Wolves) and it was six years ago so FFP wasn't being so stringently applied anyway so not really relevant to today's situation

Posted By: mr carra on September 4th 2023 at 13:17:28

Message Thread

Parity shareholders as predicted … (NCFC) - loz, Sep 4, 09:34:22
- Paddy and Connor YouTube video explains everything pretty well (n/m) (NCFC) - DiscoDale, Sep 4, 11:42:51
- 'kinell at some of those terms (n/m) (NCFC) - CWC, Sep 4, 09:57:03
  - Be careful what you wish for... (n/m) (NCFC) - usacanary, Sep 4, 10:34:05
    - oh I dont care, they can sell the club for a pittance if they like. (n/m) (NCFC) - CWC, Sep 4, 12:16:45
    - Said it multiple times.... (NCFC) - usacanary, Sep 4, 10:47:56
      - I don’t think there’s any evidence of that at this stage (NCFC) - SimonOTBC, Sep 4, 10:51:05
  - Am I right in reading about this loan? (NCFC) - city_lad, Sep 4, 10:29:55
    - Yes (n/m) (NCFC) - SimonOTBC, Sep 4, 10:30:30
      - But 11% per annum interest (NCFC) - SimonOTBC, Sep 4, 10:31:16
        
        Yes that’s just a protective factor for him (n/m) (NCFC) - loz, Sep 4, 10:34:16
        
        Yes - although probably irrelevant for this loan (NCFC) - SimonOTBC, Sep 4, 10:45:58
  - indeedly (n/m) (NCFC) - Cardiff Canary, Sep 4, 10:27:02
- £33m (NCFC) - SimonOTBC, Sep 4, 09:54:09
  - Yes but only if shareholders agree … (NCFC) - loz, Sep 4, 10:15:03
    - I’m slightly unsure of the economics (NCFC) - SimonOTBC, Sep 4, 10:21:12
      - However you cut the numbers (NCFC) - JoeyDeacon, Sep 4, 11:08:14
        
        £25 per share for these (NCFC) - SimonOTBC, Sep 4, 11:30:26
        
        well yes - but probably no more so than usual, (NCFC) - Cardiff Canary, Sep 4, 11:42:14
        
        last para is spot on (NCFC) - CWC, Sep 4, 12:43:25
        
        I think the rich benefactor model may be kind of dying out at this level (NCFC) - mr carra, Sep 4, 13:02:58
        
        Quite (NCFC) - CWC, Sep 4, 13:56:25
        
        Out of curiosity, how have Brighton managed to get where they are with FFP? (n/m) (NCFC) - SimonOTBC, Sep 4, 13:08:23
        
        Oh, I'm sure they were definitely breaching it (NCFC) - mr carra, Sep 4, 13:17:28
        
        Are they not spending more than their turnover every season though? (NCFC) - SimonOTBC, Sep 4, 13:20:47
        
        Given the transfer fees they've received in the past couple of years I'd guess not now! (n/m) (NCFC) - mr carra, Sep 4, 13:21:43
        
        Everton are the poster boys for Prem FFP problems (NCFC) - mr carra, Sep 4, 13:23:51
        
        There is the possibility that the loan will be repaid (NCFC) - SimonOTBC, Sep 4, 13:00:56
        
        The thing that I haven’t seen yet is why £25 is considered to be the MV per share (NCFC) - SimonOTBC, Sep 4, 11:57:53
        
        doesn't the £25 per share come from the value agreed by Foulger? (NCFC) - Cardiff Canary, Sep 4, 12:20:21
        
        Balance sheet value does not normally equal MV (NCFC) - SimonOTBC, Sep 4, 12:30:10
        
        Yeah, wasn't trying to spell that out to you (NCFC) - Cardiff Canary, Sep 4, 12:53:00
        
        Yeah sorry, I wasn’t meaning to sound offended (NCFC) - SimonOTBC, Sep 4, 12:54:34
        
        lolf - I'm probably just sensitised (NCFC) - Cardiff Canary, Sep 4, 12:58:45
        
        Haha! (NCFC) - SimonOTBC, Sep 4, 13:05:51
        
        on the minority shareholders point (NCFC) - Cardiff Canary, Sep 4, 12:08:44
      - My numbers are rubbish (NCFC) - SimonOTBC, Sep 4, 10:31:58
- No takeover for a minimum 3 years as stipulated by Delia and M (n/m) (NCFC) - loz, Sep 4, 09:37:32
  - Told you (NCFC) - Chair_of_the_Bored, Sep 4, 09:46:08
    - any direction of travel over the next few years is down to MA (NCFC) - CWC, Sep 4, 12:34:11
    - I don’t think it’s that simplistic Delia has given away.. (NCFC) - loz, Sep 4, 12:29:19
      - if it's not written down... (NCFC) - Cardiff Canary, Sep 4, 13:04:40
        
        Surely the Takeover code heard more thought in order … (NCFC) - loz, Sep 4, 13:06:10
    - Why do you think that? (NCFC) - Ken Dodds Dads Dog, Sep 4, 09:59:19
  - Pray for Jim (n/m) (NCFC) - SCC 28, Sep 4, 09:39:44
- Done and dusted... (n/m) (NCFC) - usacanary, Sep 4, 09:35:48

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