S36 OWL 54,150 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 post Share on other sites
papalazarowl 424 Posted October 6, 2020 Share Posted October 6, 2020 DC is worth £520M......Be Reet!!!! 1 Link to post Share on other sites
OWLERTON GHOST 30,596 Posted October 6, 2020 Share Posted October 6, 2020 Purple Bricks Or Shìtting Bricks? 2 Link to post Share on other sites
daveyboy66 11,098 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 post Share on other sites
Ray Von shabba 1,759 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 post Share on other sites
Costello 77 22,398 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 post Share on other sites
Morepork 14,201 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 post Share on other sites
sherlyegg 4,625 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 post Share on other sites
Maddogbob 8,520 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 post Share on other sites
Inspector Lestrade 22,482 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 post Share on other sites
TrickyTrev 13,885 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 post Share on other sites
billyblack 3,005 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 post Share on other sites
Maddogbob 8,520 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 post Share on other sites
billyblack 3,005 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 post Share on other sites
mkowl 17,540 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 2 5 Link to post Share on other sites
Inspector Lestrade 22,482 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 post Share on other sites
Ray Von shabba 1,759 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 post Share on other sites
Sergeant Tibbs 3,204 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 post Share on other sites
areNOTwhatTHEYseem 45,174 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 post Share on other sites
Morepork 14,201 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 post Share on other sites
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