| Maybe nothing on 22:21 - Sep 4 with 6503 views | Darran |
Borrowed money against the parachute payments?
The Res will know. | |
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| Maybe nothing on 22:24 - Sep 4 with 6486 views | IAN05 |
Looks like 2 years though ? Surely not the full sums ??
We normally borrow £9m or so to tide us over | | | |
| Maybe nothing on 22:25 - Sep 4 with 6459 views | Darran |
Nothing would surprise me. | |
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| Maybe nothing on 23:55 - Sep 4 with 6198 views | majorraglan |
I read it as all of the currents seasons parachute payment and the first instalment of next years parachute payment, potentially somewhere between £40m and £50m. | | | |
| Maybe nothing on 00:39 - Sep 5 with 6138 views | swan65split |
over my head, but probably means we in the deep end....loadsa money spent on crap! plus 500k + on hj a year | | | |
| Maybe nothing on 00:50 - Sep 5 with 6121 views | KrisP |
Agreed. I don't think it's concerning, we did the same with TV money payments in the Premier League most years. | | | |
| Maybe nothing on 07:40 - Sep 5 with 5836 views | TheResurrection |
Ian hasn't posted in ages.
No surprise he posted something like this.
This is a sad time for our supporters. | |
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| Maybe nothing on 07:59 - Sep 5 with 5793 views | dobjack2 |
Not really.
Gives an indication of how the club covers the big gaps between payments received, with the owners lending to cover short term cash flow issues. | | | |
| Maybe nothing on 08:00 - Sep 5 with 5790 views | Shaky |
Revenue has been cut in half, but the player firesale failed to realise anywhere as much as was hoped, so Barclays needed twice as long an assignment of revenue as before. | |
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| Maybe nothing on 08:01 - Sep 5 with 5783 views | Shaky |
"Short term cash flow issues"?
Wrong. This is structural. | |
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| Maybe nothing on 08:08 - Sep 5 with 5759 views | builthjack |
Jenkins did well in the early days, fair play to him. But the last few years he has been a little boy in a mans world. He has fcked us. Anyone can see that if they are honest. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Maybe nothing on 08:14 - Sep 5 with 5718 views | TheResurrection |
Wow, another chance to have a pop at Jenkins. Seems
Ian has got what he wanted from this thread.
I guess it doesn't matter this is something we do EVERY SEASON | |
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| Maybe nothing on 08:14 - Sep 5 with 5723 views | Shaky |
You think it's funny, do you?
Probably because you have been posting non-stop since your meltdown Saturday evening. | |
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| Maybe nothing on 08:15 - Sep 5 with 5716 views | builthjack |
As I have always said Chris, he did a wonderful job for many years. But has made so many fck ups in latter years that even you can surely recognise. | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Maybe nothing on 08:18 - Sep 5 with 5687 views | TheResurrection |
No, I think it's standard practice.
It's you I think is hilarious  | |
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| Maybe nothing on 08:20 - Sep 5 with 5693 views | majorraglan |
Reading the document I read it as being all of this season and the first instalment of next seasons payments as opposed to being twice as long as previous assignments which is why I suspect you had the emoji off the res.
I do not profess to be a financial expert, but I do share your concerns. | | | |
| Maybe nothing on 08:21 - Sep 5 with 5673 views | TheResurrection |
The problem is that he does and he ain't got a facking clue.
Fraud. | |
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| Maybe nothing on 08:23 - Sep 5 with 5663 views | TheResurrection |
And you felt an urge to tell us AGAIN did you?
Didn't want to miss a chance, did you Ken. | |
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| Maybe nothing on 08:29 - Sep 5 with 5643 views | awayjack |
Yup structural and often expensive form of debt. | | | |
| Maybe nothing on 08:31 - Sep 5 with 5632 views | awayjack |
You’re hilarious. Say you nothing about accounts but then claim to understand fairly complex debt and funding arrangements. | | | |
| Maybe nothing on 08:32 - Sep 5 with 5626 views | swan65split |
Yes sad times for our supporters, nice to see all united shouting at the weekend "greedy bathplugs get out of our club" | | | |
| Maybe nothing on 08:35 - Sep 5 with 5612 views | builthjack |
You might have missed it the first time Chris | |
| Swansea Indepenent Poster Of The Year 2021. Dr P / Mart66 / Roathie / Parlay / E20/ Duffle was 2nd, but he is deluded and thinks in his little twisted brain that he won. Poor sod. We let him win this year, as he has cried for a whole year. His 14 usernames, bless his cotton socks.
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| Maybe nothing on 08:50 - Sep 5 with 5563 views | KrisP |
I didn't claim to understand the full detail. My lack of concern stems from the fact that this isn't a new type of arrangement. People are clearly concerned so I don't see what's wrong with pointing out that this doesn't appear to be a new way of the owners pocketing cash. | | | |
| Maybe nothing on 08:56 - Sep 5 with 5539 views | omarjack |
...And the cloak of deceit has fallen!
It's all very clear now, I'm actually astonished that such a secret document was leaked. I pray for the safety of the "leaker" and his children. But alas, I see no hope this time.
Barclays is channeling funds for the Americans. Money laundering so to speak. The club has been used as a font for exchanging dirty money.
What business are they really in? Human trafficking? Drugs? wow.. [Post edited 5 Sep 2018 8:57]
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