A12owl 12,038 Posted October 6 Share Posted October 6 2 minutes ago, Inspector Lestrade said: Ahhh you as well? Yep. Link to post Share on other sites
WalthamOwl 16,767 Posted October 6 Share Posted October 6 1 minute ago, Costello 77 said: I know you're a high flyer from what you've told us. But surely you only borrow money to expand? Also in my business dealings there was a credit rating to consider that wasn't very different to the high street banks'. maybe he’s just doing it so he can splash the cash before the window closes Link to post Share on other sites
billyblack 2,675 Posted October 6 Share Posted October 6 7 minutes ago, Nero said: Virtually every business borrows money. Its the basis of capitalism. I dont want to be harsh but if people dont understand things like this they aren't going to be able to understand more complex financial transactions and why they might be an advantage in the short term. Nowt wrong with borrowing, its the paying back Link to post Share on other sites
Sergeant Tibbs 3,009 Posted October 6 Share Posted October 6 4 minutes ago, Nero said: Virtually every business borrows money. Its the basis of capitalism. I dont want to be harsh but if people dont understand things like this they aren't going to be able to understand more complex financial transactions and why they might be an advantage in the short term. I understand all of that, I work in finance. We all borrow. And done lend, generally for profit. Second charge / secured lending isn’t anything new to most. But how short is this term you are referring to. I’m genuinely interested- what’s the pay off. Link to post Share on other sites
WalthamOwl 16,767 Posted October 6 Share Posted October 6 1 minute ago, billyblack said: Nowt wrong with borrowing, its the paying back yes paying back plus interest. It’s how they get you. Link to post Share on other sites
WindygrOWLer 913 Posted October 6 Share Posted October 6 5 minutes ago, Inspector Lestrade said: Ahhh you as well? #metoo 1 Link to post Share on other sites
The only way is S6 7,005 Posted October 6 Share Posted October 6 12 minutes ago, mkowl said: I will wait until I see the documents, then make a hyped up headline to get clickbait Bit harsh mk considering Wednesday don't play for 10 days......... Link to post Share on other sites
Costello 77 20,885 Posted October 6 Share Posted October 6 1 minute ago, WalthamOwl said: maybe he’s just doing it so he can splash the cash before the window closes You don't normally use fixed assets to leverage debt for a spending spree but I suppose it's quite possible. Link to post Share on other sites
Sergeant Tibbs 3,009 Posted October 6 Share Posted October 6 15 minutes ago, BARMYARMY2010 said: Stop,don't turn this thread into a monk thread. It only took 15 pages, that’s progress. 1 Link to post Share on other sites
Maddogbob 6,881 Posted October 6 Share Posted October 6 Hmmmm, this offically make me nervous. Securing a loan against the stadium that you sold to yourself, yeah not great that. 1 Link to post Share on other sites
OWLERTON GHOST 28,928 Posted October 6 Share Posted October 6 30 minutes ago, Uncle Mort AMB said: I'am holding fire the last time i took a dump on the bedroom fan , it turned out Milan had mortgaged the ground for just £2 million FFS. You should have made your move then Morty ... Gonna cost you upwards of 150 million now... Plus interest..... 1 Link to post Share on other sites
Mick70 147 Posted October 6 Share Posted October 6 If you ever took out a consolidation loan at a lower apr to pay off debts on a higher apr then that’s what dc has done ? Saving himself money in the long run ? The the view of someone on Twitter that makes sense to me hopefully Link to post Share on other sites
S36 OWL 49,400 Posted October 6 Share Posted October 6 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 Share Posted October 6 DC is worth £520M......Be Reet!!!! 1 Link to post Share on other sites
OWLERTON GHOST 28,928 Posted October 6 Share Posted October 6 Purple Bricks Or Shìtting Bricks? 2 Link to post Share on other sites
daveyboy66 10,271 Posted October 6 Share Posted October 6 (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 by daveyboy66 Link to post Share on other sites
Ray Von shabba 1,394 Posted October 6 Share Posted October 6 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 20,885 Posted October 6 Share Posted October 6 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 12,256 Posted October 6 Share Posted October 6 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 3,624 Posted October 6 Share Posted October 6 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
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