this 19m loan.
most loans are taken out over a 15-25 year period. as we were told it was taken out on the basis of norwich always having a decent minimum amount of seaon tickets. taking an interest into account we probably pay around 1.5m a year on it, if we went down to a low amount of supporters the board would keep the payments going but with the team losing luxuries of better paid players, but we'd still be afloat...so everyone talking of this loan crippling us if we keep hold of earnie and dont go up is bollox.
Posted By: Alan on December 26th 2006 at 13:02:53
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- this 19m loan. (NCFC) - Alan, Dec 26, 13:02:53
- It's a bit like including your mortgage in your calculations when... (NCFC) - Arganth, Dec 26, 14:24:19
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