Understanding NCFC's finances made easy - part 2 the debt reduction in 05/06
MY FORECAST RE 05/06 SEASON
----------------------------------------
Dont forget Doncaster's comments near the start of last season about concentrating on getting the non Jarrold stand loan paid off.
Debts from part 1;
-----------------------
Other loans re Corner stand and land ?5,382k
Overdraft ?1,157k
Provision re utility work etc ?500k
plus
-----
Jarrold stand - capital repayment ?661k
re 05/06 season
TOTAL ?7,700k
-------- ----------
Sources of money to pay off the above:
--------------------------------------------------
Hotel deal ?1,100k
Other debtors (note 16 in Accounts)
- re land sale for flats ?2,570k
Cash balance ?2,990k
From cash generated in 05/06
season ?1,040k
TOTAL ?7,700k
------- -----------
Depending on whether they decide to clear the overdraft, I'm expecting a debt reduction of
?6.5m to ?7.7m. by the 31/5/06 unless they have done something unexpected !
Posted By: Financebod on July 12th 2006 at 10:56:21
Message Thread
- Understanding NCFC's finance made easy - part 1 The debt as at 31/5/05 (NCFC) - Financebod, Jul 12, 10:40:28
- Understanding NCFC's finances made easy - part 2 the debt reduction in 05/06 (NCFC) - Financebod, Jul 12, 10:56:21
- While you're at it... (NCFC) - Partial Angler, Jul 12, 10:58:14
- because Pleasurewood Hills were after a new seal (NCFC) - Stoopish, Jul 12, 11:04:29
- No no... (NCFC) - Jim Nasium, Jul 12, 11:06:54
- I think that was a payment to a Donkey charity, thus it was paid for tax reasons. (n/m) (NCFC) - lovely old job, Jul 12, 11:00:57
- because Pleasurewood Hills were after a new seal (NCFC) - Stoopish, Jul 12, 11:04:29
- While you're at it... (NCFC) - Partial Angler, Jul 12, 10:58:14
- thanks Financebod, I eagerly await Part II (n/m) (NCFC) - phrankin, Jul 12, 10:54:53
- Mr Bod (n/m) (NCFC) - lovely old job, Jul 12, 10:44:17
- Here..... (NCFC) - InTheAbsenceOfAHorse, Jul 12, 10:47:50
- Is that a man, woman or a child or a midget? Or Is it all of them? (n/m) (NCFC) - Small, Jul 12, 10:50:41
- it's Simon Charlton (n/m) (NCFC) - mr carra, Jul 12, 10:52:44
- It bloody is as well. (n/m) (NCFC) - lovely old job, Jul 12, 10:55:37
- LOL (n/m) (NCFC) - Small, Jul 12, 10:54:27
- it's Simon Charlton (n/m) (NCFC) - mr carra, Jul 12, 10:52:44
- I think I have seen someone like thast before, I did love Mr Bod. (n/m) (NCFC) - lovely old job, Jul 12, 10:49:21
- Is that a man, woman or a child or a midget? Or Is it all of them? (n/m) (NCFC) - Small, Jul 12, 10:50:41
- Here..... (NCFC) - InTheAbsenceOfAHorse, Jul 12, 10:47:50
- The Jarrold stand debt is ?14m!!!! (NCFC) - InTheAbsenceOfAHorse, Jul 12, 10:43:51
- ?14 m was taken to cover the cost of the stand, and other less manageable debts (NCFC) - HairyBobbingManAss, Jul 12, 10:51:05
- Understanding NCFC's finances made easy - part 3 The Jarrold stand debt (NCFC) - Financebod, Jul 12, 11:03:25
- ?14 m was taken to cover the cost of the stand, and other less manageable debts (NCFC) - HairyBobbingManAss, Jul 12, 10:51:05
- So basically the parachute payments and Prem money (NCFC) - WorthyHatesFans, Jul 12, 10:42:42
- Understanding NCFC's finances made easy - part 4 05/06 season (NCFC) - Financebod, Jul 12, 11:18:02
- Understanding NCFC's finances made easy - part 2 the debt reduction in 05/06 (NCFC) - Financebod, Jul 12, 10:56:21
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.