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Discussion in 'Bluemoon forum' started by Marvin, 2 Feb 2014.
Not sure why the club would need to take out a loan?
This is very strange. I’m sure it will become clearer soon. Anybody know of anything like this before?
Clubs like Everton have previously taken the TV cash upfront to bankroll transfers. They didn't have our owners though ....
The oil's run out
Haha. Which bastard started the “City going into administration” thread. Jinxed it for us all.
Odd. I'm sure they know what they're doing though.
Maybe we need it for Ronaldo or another biggie, having already budgeted for Mahrez and Jorgie boy!
One thing is certain, Sheikh Mansour isn't writing this one off.
Can't even be a dodge for FFP - as they would see the money sat on the other side of the book.
For context - we got £160m TV cash this season.
Not arsed, these guys know exactly what they are doing. I assume from us bailing Barclays out we also have a rock solid working relationship with them.
As a non financial chap i hear having some loan/debt is good or something, not sure why but maybe this is a way for us to accrue some healthy debt if there is such a thing.