City borrow money from Barclays against TV revenue - any cause for concern?

[aguero93:20]

Not according to Burden Leisure's account.

What was the debt, 150m? That's about 4 years for a bottom half PL club in those days.

 

[nmc]

For Mbappe obviously

No haven’t you heard he’s Anfield bound.

 

[aguerooooo]

No haven’t you heard he’s Anfield bound.

Quite funny to hear Klopps rant of two years ago about not doing it the City/ Chelsea way of spending copious amounts of money" we will do it a different way here" Fair enough Jurgen if you take the title of us this season it wont be because of £££

 

[kaz7]

Big fuss over nothing

 

[wolfie1988]

Worrying times. Penny pinching over transfers and now this.

Was good while it lasted I suppose

 

[1961_vintage]

This season is shaping-up to be a complete disaster. Thrashed in the International Champions Cup of the Whole World final, zero progress on the much-needed comprehensive overhaul of an ageing playing squad and now the reality of our perilous financial situation becomes public knowledge. Unless Wardle/Makin can do the honours, there may be troubled times ahead.

 

[CC1]

This season is shaping-up to be a complete disaster. Thrashed in the International Champions Cup of the Whole World final, zero progress on the much-needed comprehensive overhaul of an ageing playing squad and now the reality of our perilous financial situation becomes public knowledge. Unless Wardle/Makin can do the honours, there may be troubled times ahead.

You do realise some of our fans; all the rags & the scummy journalists who spy on this site will take this as gospel!

Headlines tomorrow :)

 

[aguerooooo]

This season is shaping-up to be a complete disaster. Thrashed in the International Champions Cup of the Whole World final, zero progress on the much-needed comprehensive overhaul of an ageing playing squad and now the reality of our perilous financial situation becomes public knowledge. Unless Wardle/Makin can do the honours, there may be troubled times ahead.

Not quite that bad weve yet to suffer a loss at home to Bury

 

[blueballs84]

Can only think it's being done to aid in some sort of ''creative" bookeeping to help us stay in line with FFP. I think that's part of the issue with us haggling so hard over prices this window too. Perhaps last windows spending plus Laporte in the summer has us a little stretched over this 3 year period (in FFP terms, the sheikh is obviously still loaded).

I don't know all the FFP fine print, just the broad brush strokes but I wouldn't be surprised if high grade secured debt is treated differently to direct cash injections from the owner. We know United and Barca are drowning in debt yet due to their revenue they are still able to spend exorbitant amounts.

 

[Jalfraag]

Can only think it's being done to aid in some sort of ''creative" bookeeping to help us stay in line with FFP. I think that's part of the issue with us haggling so hard over prices this window too. Perhaps last windows spending plus Laporte in the summer has us a little stretched over this 3 year period (in FFP terms, the sheikh is obviously still loaded).

I don't know all the FFP fine print, just the broad brush strokes but I wouldn't be surprised if high grade secured debt is treated differently to direct cash injections from the owner. We know United and Barca are drowning in debt yet due to their revenue they are still able to spend exorbitant amounts.

What has an overdraft facility got to do with profit/FFP?