When you look at the board situation like this....

They have actually put in bugger all. The 2 million is a loan, which they will get back. So say NCFC use it for a year, they may well lose £100,000 in interest. Not much in the scheme of things. They brought Skippers shares for what he paid for them, maybe a fiver each, so £25,000 outlay there. They have gained a whole load of publicity and got their company name in the press for the next couple of weeks.

Hardly big gains for NCFC in the modern day of football is it?

Posted By: Superstar D J on May 8th 2007 at 14:36:46

Message Thread

When you look at the board situation like this.... (NCFC) - Superstar D J, May 8, 14:36:46
- Im not saying it is amazing news but (NCFC) - grimsbycanary3, May 8, 14:40:02
  - Fair point but it is loan and not a gift (n/m) (NCFC) - Superstar D J, May 8, 14:43:41
    - Will be for tax reasons...... (NCFC) - Johnny Comecardiff, May 8, 14:48:54
    - thats what the board have said anyway (n/m) (NCFC) - grimsbycanary3, May 8, 14:44:19
      - but it is just £2 mill thats hardly going to set the cash register going off (NCFC) - Swiss Yellow, May 8, 14:51:02
        
        thats what ive just said (NCFC) - grimsbycanary3, May 8, 14:54:12
        
        I hope you are right that there is more money...but why pluck the 2 mill out of the air (NCFC) - Swiss Yellow, May 8, 14:58:57
        
        havent got a clue why 2 million (NCFC) - grimsbycanary3, May 8, 15:00:43
        
        I can't help but feel... (NCFC) - Swiss Yellow, May 8, 15:07:41
        
        i can't help but feel.... (NCFC) - megson, May 8, 15:35:22
        
        It's OK, Thorne's been released (n/m) (NCFC) - Steve in Holland, May 8, 14:53:45
        
        That'll cover the other 5mill of parachute payments then (NCFC) - Swiss Yellow, May 8, 15:00:18
      - they won't lie about that. It's possible that a warchest could appear at a later stage but (NCFC) - Steve in Holland, May 8, 14:48:31
        
        Don't worry about debt, we can just do what other football clubs do & go into admin it's (NCFC) - lovely old job, May 8, 14:51:20
        
        debts (NCFC) - trickywinger, May 8, 15:57:22
        
        Or we would sell the ground then go in admin (n/m) (NCFC) - DiscoDaleGordon, May 8, 16:06:21
        
        yep am sure it is a loan (NCFC) - grimsbycanary3, May 8, 14:50:04

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