| Paying off the loan 22:19 - Aug 22 with 3964 views | HARRY10 |
............or at least making the interest payments, as I presume what was spent on buying the club is seen as a realisable asset - as with the players.
The capital borrowed appears to be anything between £40m - £50m, which at an interest rate of 7% per annum would be around £3m*.
Promotion to the Championship adds an extra £7m to our income. However if nearly half of that goes in interest payments, where then the budget to upgrade the squad.
Of course interest payments can be deferred, but for how long ?
Clubs who have recently been promoted, and sent heavily Fulham, WBA came straight back down again - meaning their parachute payments will most likely not cover the cost of staged transfer payments and the wage bill. That's why so many 'fall by the wayside' once relegated.
The only way I can see money generated to the level needed will be through the transfer market. Cue Mike Aston and Webster, Bristol to Brighton.
* approx figures to make the point, not any claim of absolute accuracy |  | | |  |
| Paying off the loan on 22:24 - Aug 22 with 3168 views | Guthrum |
Undoubtedly we will be selling players. But it's an investment, not a loan. Returns can be deferred quite a long way into the future. |  |
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| Paying off the loan on 22:40 - Aug 22 with 3098 views | JakeITFC |
Don’t get the impression that any party have gone into this blind - seems weird that they would have developed a repayment schedule that would significantly harm the chances of the capital outlay being realised.
Expect further capital to be forthcoming, but things could start to get spicy for us as a club if targets don’t get met and business plans are no longer realistic. |  | | |
| Paying off the loan on 23:14 - Aug 22 with 3017 views | ZXBlue |
There is no loan. | | | |
| Paying off the loan on 00:32 - Aug 23 with 2903 views | J2BLUE |
| Paying off the loan on 22:40 - Aug 22 by JakeITFC |
Don’t get the impression that any party have gone into this blind - seems weird that they would have developed a repayment schedule that would significantly harm the chances of the capital outlay being realised.
Expect further capital to be forthcoming, but things could start to get spicy for us as a club if targets don’t get met and business plans are no longer realistic. |
Exactly this. We've been told that pension funds think about things over very long periods. Where this idea that a pension fund has bought us to sell on players for an extra £500k has come from I really don't know. |  |
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| Paying off the loan on 07:44 - Aug 23 with 2581 views | Churchman |
I’ve no idea how it works or why anyone would want to by a desperately poor, established, lower League football club, but the Americans did. They also spent about 18 months or so doing it so unless they’re complete idiots they must know what they’ve got themselves into.
From all I’ve read of the people involved (and listening to them) they are serious about it and see the potential of a financial return. Their actions to date back that. They wouldn’t be doing it otherwise. That must mean Premier League long term and a sustainable version of it.
There is a certain potential here and anyone who was around for glimpse we had during 2000/01 will know that. It’s very much a project and we do need to get out of this tinpot League sooner rather than later, which is why Cook hasn’t got long to produce a winning team before he’s fired. |  | | |
| Paying off the loan on 08:19 - Aug 23 with 2503 views | ElephantintheRoom |
Not strictly true - as Evans will have pointed out there is money to be made selling off the property portfolio - and schoolboys.
The debt will be deferred over the first eighteen months, assuming income projections are being met - and the three turkey vultures seemed to indicate they thought there was plenty of growth in retail sales - which might keep the property investment fund happy(ish)
But the turkey vulture's business model, such as it is, is to sell stakes to 'new investors' - thats where they see the money coming from in the short term. I doubt there is an orderly queue just yet. | |
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| Paying off the loan on 08:30 - Aug 23 with 2452 views | HighgateBlue |
What evidence do you have for any loan of any substantial size? Who is the lender said to be? |  | | |
| Paying off the loan on 08:46 - Aug 23 with 2402 views | PrideOfTheEast |
There’s no debt. Equity funded deal. | | | |
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| Paying off the loan on 08:48 - Aug 23 with 2383 views | Keno |
| Paying off the loan on 08:19 - Aug 23 by ElephantintheRoom |
Not strictly true - as Evans will have pointed out there is money to be made selling off the property portfolio - and schoolboys.
The debt will be deferred over the first eighteen months, assuming income projections are being met - and the three turkey vultures seemed to indicate they thought there was plenty of growth in retail sales - which might keep the property investment fund happy(ish)
But the turkey vulture's business model, such as it is, is to sell stakes to 'new investors' - thats where they see the money coming from in the short term. I doubt there is an orderly queue just yet. |
What debt? |  |
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| Paying off the loan on 08:55 - Aug 23 with 2353 views | bluefunk |
| Paying off the loan on 08:19 - Aug 23 by ElephantintheRoom |
Not strictly true - as Evans will have pointed out there is money to be made selling off the property portfolio - and schoolboys.
The debt will be deferred over the first eighteen months, assuming income projections are being met - and the three turkey vultures seemed to indicate they thought there was plenty of growth in retail sales - which might keep the property investment fund happy(ish)
But the turkey vulture's business model, such as it is, is to sell stakes to 'new investors' - thats where they see the money coming from in the short term. I doubt there is an orderly queue just yet. |
Utter drivel from start to finish |  | | |
| Paying off the loan on 08:57 - Aug 23 with 2338 views | JammyDodgerrr |
Any money they want to make back will clearly come to them if and when they sell us to someone else for a far higher price than they paid. They will be working to the assumption that we will be a premier league club and planning as such. We have clearly bought championship level players in some cases so that if we get promoted we won't need such high investment straight away at the next level. |  |
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| Paying off the loan on 09:00 - Aug 23 with 2325 views | bluefunk |
This isn’t a loan, it’s an investment, there is no interest. Any return in that investment will come when the income increase and significantly exceeds expenditure, which might be from promotion to the premier league or from players sales, as you point out, but there is no interest payment to worry about | | | |
| Paying off the loan on 09:16 - Aug 23 with 2270 views | PhilTWTD |
As per other posts, there is no loan. |  | | |
| Paying off the loan on 09:21 - Aug 23 with 2250 views | Herbivore |
| Paying off the loan on 09:16 - Aug 23 by PhilTWTD |
As per other posts, there is no loan. |
Oh really? So where are these £3m a year interest payments going exactly?
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| Paying off the loan on 09:27 - Aug 23 with 2219 views | Churchman |
| Paying off the loan on 08:19 - Aug 23 by ElephantintheRoom |
Not strictly true - as Evans will have pointed out there is money to be made selling off the property portfolio - and schoolboys.
The debt will be deferred over the first eighteen months, assuming income projections are being met - and the three turkey vultures seemed to indicate they thought there was plenty of growth in retail sales - which might keep the property investment fund happy(ish)
But the turkey vulture's business model, such as it is, is to sell stakes to 'new investors' - thats where they see the money coming from in the short term. I doubt there is an orderly queue just yet. |
Turkey Vultures. That’s new. Sort of freshens up the debt peddler line you usually trot out. Yawn.
Talking of vultures, well done to your lot for stealing Gibbs so cheaply. Perhaps you should change your nickname from Canaries to Magpies-lite. | | | |
| Paying off the loan on 09:31 - Aug 23 with 2190 views | BiGDonnie |
Why do people just blindly make stuff up on here? Sunday night and this is the best you can do?
If you're going to chat absolute waffle on TWTD, at least make it funny and or interesting. |  |
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| Paying off the loan on 10:18 - Aug 23 with 2065 views | ElephantintheRoom |
| Paying off the loan on 08:48 - Aug 23 by Keno |
What debt? |
The £40 million borrowed to buy the club and now under the gimlet eye of a property investment fund | |
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| Paying off the loan on 10:19 - Aug 23 with 2057 views | TractorWood |
7% interest on loan that doesn't exist.
Lol. [Post edited 23 Aug 2021 10:20]
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| Paying off the loan on 10:21 - Aug 23 with 2045 views | ElephantintheRoom |
| Paying off the loan on 08:55 - Aug 23 by bluefunk |
Utter drivel from start to finish |
Take a look at their 'business model' Borrow money to buy cr@p clubs - and then invite other investors on board when things dont go as planned.
Yu could start by looking at the history and ownership of the mighty and hugely successful Phoenix Rising. | |
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| Paying off the loan on 10:23 - Aug 23 with 2024 views | Herbivore |
| Paying off the loan on 10:21 - Aug 23 by ElephantintheRoom |
Take a look at their 'business model' Borrow money to buy cr@p clubs - and then invite other investors on board when things dont go as planned.
Yu could start by looking at the history and ownership of the mighty and hugely successful Phoenix Rising. |
All edge, yet not sharp. | |
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| Paying off the loan on 10:29 - Aug 23 with 1986 views | ElephantintheRoom |
| Paying off the loan on 10:23 - Aug 23 by Herbivore |
All edge, yet not sharp. |
At least you seem to understand that Town have been bought with money borrowed from a Pension Fund - so I give you credit for that., even if your bovine comments are a tad imbecilic | |
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| Paying off the loan on 10:45 - Aug 23 with 1931 views | monty_radio |
| Paying off the loan on 08:55 - Aug 23 by bluefunk |
Utter drivel from start to finish |
Provocative usernames gotta provoke. | |
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| Paying off the loan on 10:55 - Aug 23 with 1900 views | Pinewoodblue |
| Paying off the loan on 10:23 - Aug 23 by Herbivore |
All edge, yet not sharp. |
He’s not the sharpest tool in the box but he clearly is a tool. |  |
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| Paying off the loan on 10:58 - Aug 23 with 1890 views | PhilTWTD |
| Paying off the loan on 10:29 - Aug 23 by ElephantintheRoom |
At least you seem to understand that Town have been bought with money borrowed from a Pension Fund - so I give you credit for that., even if your bovine comments are a tad imbecilic |
It's not been borrowed, it's the pension fund which effectively owns the greatest share of the club. | | | |
| Paying off the loan on 11:41 - Aug 23 with 1757 views | Keno |
| Paying off the loan on 10:18 - Aug 23 by ElephantintheRoom |
The £40 million borrowed to buy the club and now under the gimlet eye of a property investment fund |
dont you mean investment?
Do you know the difference between a loan and an investment? | |
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