Yeah that is a good point they will hoover up a large chunk of domestic and cl cash. Why would they take this loan then though? for some obscure financial reason only accountants will understand? Could they be running low or is it simply some way to get around some payments or lower tax on something?There's a lot of money for Italian clubs from the CL and they've done well from outgoing transfer fees, doubt they're on their arses.
Cash flow, they probably have money due out that they don't have, they could use bonds as a cheap overdraft.Yeah that is a good point they will hoover up a large chunk of domestic and cl cash. Why would they take this loan then though? for some obscure financial reason only accountants will understand? Could they be running low or is it simply some way to get around some payments or lower tax on something?
Gotcha, yeah that makes sense.Cash flow, they probably have money due out that they don't have, they could use bonds as a cheap overdraft.
Not everyone has our access to hard cash and even City have some loans.Gotcha, yeah that makes sense.
You wouldn't happen to know what ffp makes of this stuff would you? I mean like if you do not have a cash reserve/means to cover certain specific costs if others owing you default. Would that or should that have ffp people taking notice?Not everyone has our access to hard cash and even City have some loans.
It doesn't look at debt at all.You wouldn't happen to know what ffp makes of this stuff would you? I mean like if you do not have a cash reserve/means to cover certain specific costs if others owing you default. Would that or should that have ffp people taking notice?
Not quite true. It does take overdue payables into account & some clubs have been sanctioned because of these.It doesn't look at debt at all.
Yeah, should have said as long as payments are made on time. Although I think even then it's only payments due to other clubs.Not quite true. It does take overdue payables into account & some clubs have been sanctioned because of these.