Yes, but the club priced NCFC at 16m, but the cost of the club PLUS

repayment of overdraft and loans which would have to be taken on during a take-over (but of course could also be re-financed), PLUS the reported 20m into the transfer kitty would have meant that the take-over of the level he wanted would cost him 56m of investment.

They priced the club at 16m

Posted By: Steve in Holland, Mar 3, 13:09:04