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

What Bill said, it cant last forever. It's been fun and great to watch these world class players over the past 10 years . No one can say we don't have isterree from now on.
 
squirtyflower said:
His job, as it doesn’t show on my phone!
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Same, his job is what I was shaking my head at. Laypeople are one thing and I've probably 10k posts explaining it to them on here which I'm more than happy to do, but anyone in a finance role of any description should make sure they understand something before giving an opinion.
 
Holy shit folks,oil is running out of Stock as predicted by rags and dippers and others.
I am scared
 
blueballs84 said:
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.
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Not only do you not know the fine print, I'm not at all sure you understand the broad brush strokes. As a financial analyst you obviously understand the difference between debt & equity. But neither have any relevance to FFP, at least not directly. We can borrow, or Sheik Mansour can inject, as much as he wants. But FFP only looks at income and expenditure. So we could have a billion pounds in the bank but we can only spend that in line with our revenue.

There is a limit as to how much of any losses the owner can cover via cash injections however.
 
aguero93:20 said:
Same, his job is what I was shaking my head at. Laypeople are one thing and I've probably 10k posts explaining it to them on here which I'm more than happy to do, but anyone in a finance role of any description should make sure they understand something before giving an opinion.
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My guess would be that’s he not really a financial analyst....
 
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