Swans take out loan on TV money 14:10 - Aug 15 with 6711 views | NeathJack | I think it's fairly common practice to take out loans on imminent or scheduled TV payments to help with cashflow but the inclusion of next August's payment had alarm bells ringing for me. Anyone with more knowledge on this able to clarify?
| | | | |
Swans take out loan on TV money on 14:12 - Aug 15 with 4055 views | Loyal | I knew they were monitoring my posts. I wonder if the yanks will use it for a certain stadium purchase then sell taking the increased price. If so, asset stripping again. | |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | Poll: | Who should be Swansea number 1 |
| |
Swans take out loan on TV money on 14:21 - Aug 15 with 3993 views | costalotta | Is this why the Trust had sent the letter of concern? | | | |
Swans take out loan on TV money on 14:23 - Aug 15 with 3978 views | Pegojack | Is the August 2018 payment a back payment for the previous season? I hope so, because I fancy there's a good chance we won't be in the Prem come August 2018. | | | |
Swans take out loan on TV money on 14:30 - Aug 15 with 3931 views | stevethejack | No figures on there on how much, and easily photoshopped. No proof. | | | |
Swans take out loan on TV money on 14:31 - Aug 15 with 3916 views | PawelAbbott | Maybe they are actually about to spend some money on the squad?? | | | |
Swans take out loan on TV money on 14:33 - Aug 15 with 3897 views | Joe_bradshaw |
Swans take out loan on TV money on 14:23 - Aug 15 by Pegojack | Is the August 2018 payment a back payment for the previous season? I hope so, because I fancy there's a good chance we won't be in the Prem come August 2018. |
Those were my thoughts. How can you take out a loan using a payment as collateral that you have no guarantee of receiving? | |
| |
Swans take out loan on TV money on 14:33 - Aug 15 with 3892 views | NeathJack |
Swans take out loan on TV money on 14:30 - Aug 15 by stevethejack | No figures on there on how much, and easily photoshopped. No proof. |
It's on the Companies House website. | | | |
Swans take out loan on TV money on 14:37 - Aug 15 with 3862 views | NeathJack |
Swans take out loan on TV money on 14:23 - Aug 15 by Pegojack | Is the August 2018 payment a back payment for the previous season? I hope so, because I fancy there's a good chance we won't be in the Prem come August 2018. |
It's the first payment for the 2018/19 season according to the document . | | | | Login to get fewer ads
Swans take out loan on TV money on 14:37 - Aug 15 with 3854 views | E20Jack | From memory TV money isnt paid at the start of the season. It is in two instalments, one around New year and one at the end of the season when it is determined where each club has finished and how much they have appeared in broadcasting. That was my understanding of it anyway, which may be incorrect, as I cannot remember the source of information. | |
| |
Swans take out loan on TV money on 14:37 - Aug 15 with 3852 views | EasternJack |
Swans take out loan on TV money on 14:12 - Aug 15 by Loyal | I knew they were monitoring my posts. I wonder if the yanks will use it for a certain stadium purchase then sell taking the increased price. If so, asset stripping again. |
Stadium purchase... | |
| |
Swans take out loan on TV money on 14:43 - Aug 15 with 3797 views | Whiterockin |
Swans take out loan on TV money on 14:37 - Aug 15 by E20Jack | From memory TV money isnt paid at the start of the season. It is in two instalments, one around New year and one at the end of the season when it is determined where each club has finished and how much they have appeared in broadcasting. That was my understanding of it anyway, which may be incorrect, as I cannot remember the source of information. |
This is correct. That's why I alway say it is harder for a club coming up because they have to compete until Christmas without any Premier League money. | | | |
Swans take out loan on TV money on 14:46 - Aug 15 with 3758 views | PawelAbbott |
Swans take out loan on TV money on 14:37 - Aug 15 by EasternJack | Stadium purchase... |
No, I definitely think it will be spent on several world class additions to the squad. | | | |
Swans take out loan on TV money on 14:54 - Aug 15 with 3714 views | max936 | They haven't got a pot to piss in yet the Scumbags who sold their shares still sold, lifelong SCFC fans my fuking arse, fans of their own self importance and bank balances that's what they are, you've had your money no fukoff and never ever return scumbags every last one of them. [Post edited 15 Aug 2017 15:01]
| |
| |
Swans take out loan on TV money on 14:54 - Aug 15 with 3711 views | E20Jack |
Swans take out loan on TV money on 14:43 - Aug 15 by Whiterockin | This is correct. That's why I alway say it is harder for a club coming up because they have to compete until Christmas without any Premier League money. |
But it is normal practice in response to the OP. The Premier League is massive business for the banks. Now that transfer fees are so big they are amortised, many clubs take an advance off the banks in return for the next installment or whole sum of transfer fee due to be paid. We did it with Ayew most recently. Its not called the Barclays Premier League for nothing, and note La Liga is now called La Liga Santander... after the biggest bank in Spain. | |
| |
Swans take out loan on TV money on 14:57 - Aug 15 with 3692 views | max936 |
Swans take out loan on TV money on 14:12 - Aug 15 by Loyal | I knew they were monitoring my posts. I wonder if the yanks will use it for a certain stadium purchase then sell taking the increased price. If so, asset stripping again. |
Yet the Trust want its memebers to vote for a deal with them unbelievable. | |
| |
Swans take out loan on TV money on 15:02 - Aug 15 with 3642 views | cmajack | That was the start of the demise of Leeds United spent money that they thought they were going to receive from regular champions league football | | | |
Swans take out loan on TV money on 15:05 - Aug 15 with 3617 views | AngelRangelQS |
Swans take out loan on TV money on 14:30 - Aug 15 by stevethejack | No figures on there on how much, and easily photoshopped. No proof. |
It says "the Central Funds" which will be defined as figures elsewhere. | | | |
Swans take out loan on TV money on 16:00 - Aug 15 with 3467 views | E20Jack |
Swans take out loan on TV money on 15:02 - Aug 15 by cmajack | That was the start of the demise of Leeds United spent money that they thought they were going to receive from regular champions league football |
But they weren't guaranteed that money. They made an assumption on where their spending woukd see them finish. Completely different to us. We get that money regardless. | |
| |
Swans take out loan on TV money on 17:00 - Aug 15 with 3323 views | NeathJack |
Swans take out loan on TV money on 16:00 - Aug 15 by E20Jack | But they weren't guaranteed that money. They made an assumption on where their spending woukd see them finish. Completely different to us. We get that money regardless. |
Not the first payment of next seasons money we don't. | | | |
Swans take out loan on TV money on 17:05 - Aug 15 with 3297 views | Loyal |
Swans take out loan on TV money on 14:33 - Aug 15 by Joe_bradshaw | Those were my thoughts. How can you take out a loan using a payment as collateral that you have no guarantee of receiving? |
There is a basic guarantee even if relegated. | |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | Poll: | Who should be Swansea number 1 |
| |
Swans take out loan on TV money on 17:05 - Aug 15 with 3296 views | 34dfgdf54 |
Swans take out loan on TV money on 17:00 - Aug 15 by NeathJack | Not the first payment of next seasons money we don't. |
Parachute payment? | | | |
Swans take out loan on TV money on 17:06 - Aug 15 with 3283 views | Loyal |
Swans take out loan on TV money on 14:37 - Aug 15 by EasternJack | Stadium purchase... |
You agree or disagree ? | |
| Nolan sympathiser, clout expert, personal friend of Leigh Dineen, advocate and enforcer of porridge swallows.
The official inventor of the tit w@nk. | Poll: | Who should be Swansea number 1 |
| |
Swans take out loan on TV money on 17:27 - Aug 15 with 3216 views | NeathJack |
Swans take out loan on TV money on 17:05 - Aug 15 by 34dfgdf54 | Parachute payment? |
The question is then how do we finance next season? | | | |
Swans take out loan on TV money on 17:43 - Aug 15 with 3163 views | Flashberryjack |
Swans take out loan on TV money on 17:27 - Aug 15 by NeathJack | The question is then how do we finance next season? |
The same as we've done this season. | |
| |
| |