S36 OWL Posted October 6, 2020 Share Posted October 6, 2020 This is the arm of the company NAP use for financing football http://www.goodforsport.com/ 1 Link to comment Share on other sites More sharing options...
papalazarowl Posted October 6, 2020 Share Posted October 6, 2020 DC is worth £520M......Be Reet!!!! 1 Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted October 6, 2020 Share Posted October 6, 2020 Purple Bricks Or Shìtting Bricks? 2 Link to comment Share on other sites More sharing options...
daveyboy66 Posted October 6, 2020 Share Posted October 6, 2020 (edited) 46 minutes ago, Sergeant Tibbs said: 14 minutes ago, billyblack said: Nowt wrong with borrowing, its the paying back Ok isn't that what United did ? Edited October 6, 2020 by daveyboy66 Link to comment Share on other sites More sharing options...
Ray Von shabba Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, papalazarowl said: DC is worth £520M......Be Reet!!!! Now I'm worried if that's all he's got.................. 1 2 Link to comment Share on other sites More sharing options...
Costello 77 Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, S36 OWL said: This is the arm of the company NAP use for financing football http://www.goodforsport.com/ I hope we've gone for the club+ option.. 1 Link to comment Share on other sites More sharing options...
Morepork Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, papalazarowl said: DC is worth £520M......Be Reet!!!! The Royston Vasey Gazzette is a questionable source...... 5 Link to comment Share on other sites More sharing options...
sherlyegg Posted October 6, 2020 Share Posted October 6, 2020 Just checked out DC on Experian .. He's minted, low risk, but then the PC froze followed by blue screen of death.. 4 Link to comment Share on other sites More sharing options...
Maddogbob Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, S36 OWL said: This is the arm of the company NAP use for financing football http://www.goodforsport.com/ I don't really understand the murky world of football finance but this bit makes me twitchy. We do not arrange loans or use debt finance (important in the new debt restricted environment) but instead utilise non-recourse and/or off-balance sheet and/or other structures created specifically by us to meet our client’s needs, whether to manage cashflow, generate funds for new player acquisitions, finance a new training ground or stand, or create new revenue streams. "Off balance sheet" Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, Maddogbob said: I don't really understand the murky world of football finance but this bit makes me twitchy. We do not arrange loans or use debt finance (important in the new debt restricted environment) but instead utilise non-recourse and/or off-balance sheet and/or other structures created specifically by us to meet our client’s needs, whether to manage cashflow, generate funds for new player acquisitions, finance a new training ground or stand, or create new revenue streams. "Off balance sheet" It means were minted again, spendaggeddon is back on!!!!! 1 Link to comment Share on other sites More sharing options...
TrickyTrev Posted October 6, 2020 Share Posted October 6, 2020 I didn’t realise the pigs did exactly the same thing. Not sure if local sports reporters made as big a deal out of it. https://www.google.co.uk/amp/s/www.examinerlive.co.uk/sport/football/sheffield-united-bramall-lane-mortgage-18552247.amp 1 Link to comment Share on other sites More sharing options...
billyblack Posted October 6, 2020 Share Posted October 6, 2020 4 minutes ago, daveyboy66 said: Ok isn't that what United did ? Which united? Link to comment Share on other sites More sharing options...
Maddogbob Posted October 6, 2020 Share Posted October 6, 2020 1 minute ago, Inspector Lestrade said: It means were minted again, spendaggeddon is back on!!!!! Borrowed spendaggeddon, during a pandemic, its the worset type of spendaggeddon. Jeez, if we are potless why are we going after zahore on silly money. 1 1 Link to comment Share on other sites More sharing options...
billyblack Posted October 6, 2020 Share Posted October 6, 2020 5 minutes ago, Ray Von shabba said: Now I'm worried if that's all he's got.................. Its not his, the family is worth that much, or was 1 1 Link to comment Share on other sites More sharing options...
Guest mkowl Posted October 6, 2020 Share Posted October 6, 2020 Serious answer is lets wait until the charge documents are lodged. I am presuming its finance obtained against the stadium - either loaned to Sheffield 3 to pay the stadium instalments or direct to the football club with this being a cross guarantee type arrangement ie its not unusual for loans to be secured across a group of companies This could be reasonable business practice but to me belies the view that DC has always had unlimited cash and FFP preventing it being spent. 5 year season tickets Club 1867 were enough evidence on that front It is just another red flag to me of the risks facing the Club Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted October 6, 2020 Share Posted October 6, 2020 Just now, Maddogbob said: Borrowed spendaggeddon, during a pandemic, its the worset type of spendaggeddon. Jeez, if we are potless why are we going after zahore on silly money. Coz we are loaded, its not a worry, pay him double. 1 Link to comment Share on other sites More sharing options...
Ray Von shabba Posted October 6, 2020 Share Posted October 6, 2020 Just now, billyblack said: Its not his, the family is worth that much, or was Kin ell, worse than I thought if that's the case......... 1 Link to comment Share on other sites More sharing options...
Sergeant Tibbs Posted October 6, 2020 Share Posted October 6, 2020 3 minutes ago, Maddogbob said: I don't really understand the murky world of football finance but this bit makes me twitchy. We do not arrange loans or use debt finance (important in the new debt restricted environment) but instead utilise non-recourse and/or off-balance sheet and/or other structures created specifically by us to meet our client’s needs, whether to manage cashflow, generate funds for new player acquisitions, finance a new training ground or stand, or create new revenue streams. "Off balance sheet" Yes, this is what you get when payday lenders are instructed to be more transparent with their Ts & Cs. 1 Link to comment Share on other sites More sharing options...
areNOTwhatTHEYseem Posted October 6, 2020 Share Posted October 6, 2020 Just now, mkowl said: Serious answer is lets wait until the charge documents are lodged. It's a bit late for that...we're on page 17 and counting! 5 Link to comment Share on other sites More sharing options...
Morepork Posted October 6, 2020 Share Posted October 6, 2020 There’s a part of me that’s waiting for Neil to say he’s fabricated the entire thread to deflect criticism from Monk...!!! 1 3 Link to comment Share on other sites More sharing options...
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