Greggs
Well-Known Member
Check my numbers mate, I ain't no amateur.......
Or they’re both off to Real MadridO'Hare trying to convince Dabo to join him at Burnley in disguise by talking in Spanish.
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Not the equivalent of a payday loan. Invoice financing very common across many industriesThis story is fast moving for Burnley. They’ve just taken the next three instalments on Popes transfer fee from MacCrorie Bank, which is the equivalent of a payday loan.
Today, they’ve pulled out of a transfer for an Anderlecht player and the remainder of the £65m loan is payable at circa 10%.
If they don’t get straight back to the PL … life could get very “interesting “ for them
There is some equivalence. They've basically got someone to give them the money now (at a cost) intending to pay it back when they actually get paid.Not the equivalent of a payday loan. Invoice financing very common across many industries
This is now a normal in most transactions , clubs pay very little up front for a player , the selling club then agree to pay over 3/5years often back ended , the buying club then go and forward finance against this agreement , the selling club will often pay the fees associated to get the loan for the buying clubThere is some equivalence. They've basically got someone to give them the money now (at a cost) intending to pay it back when they actually get paid.
No. One is an unsecured high interest predatory loan for people with poor credit and in the shit with no options.There is some equivalence. They've basically got someone to give them the money now (at a cost) intending to pay it back when they actually get paid.
I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than thatIf we don’t sell we kick the can until January and then sell but we sell at refined rates or hope Gyokeres hits the ground running and sell him
That’s concerning to say the least - if we’re not careful we’ll end up selling for a reduced rate as we get desperate.I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
How utterly depressing.I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
Uplifting stuff.I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
Obviously not Joy her type of man.Who cares?
I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
I’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
Bit surprised at the ITK's access to the precise details of our financial situation. i also find it odd that if things are so precarious we are still able to take on salaries like Kasey Palmer's, secure PL loans and increase other players contracts etc. Time will tell, I guess. Hopefully abit of TTV coverage and increased gates may help. Love to be a fly on the wall.
Bit surprised at the ITK's access to the precise details of our financial situation. i also find it odd that if things are so precarious we are still able to take on salaries like Kasey Palmer's, secure PL loans and increase other players contracts etc. Time will tell, I guess. Hopefully abit of TTV coverage and increased gates may help. Love to be a fly on the wall.
I’m unsure we have benefited much from McCallum the same as Bayliss and McNulty , they have not kicked on with their clubs triggering further paymentsOur profit on player sales in the last published accounts was £2 million versus nearly £4 million the year before - our gross wage bill was £13 million against turnover of £11 million - remember the structure of past deals from McCallum Wilson and Maddison have contributed to the accounts for several years. Unless Maddison is sold on again that well is now dry
We now have a black hole of turnover against wages alone of at least £5 million per annum as well as all other costs - there’s no magic money tree under the owners as they freely admit
I’m unsure we have benefited much from McCallum the same as Bayliss and McNulty , they have not kicked on with their clubs triggering further payments
Really Wilson and Maddison have been crucial ,the fact they are in the premiership and played for England since leaving has resulted in continuous income for the club
Well would you prefer they just bend over and take the first offer?Surely not - we can play hardball and not sell at all I thought
Yes fair point - McCallum was not the £3 million fee nothing like it - from what I see it’s something like £750k upfront.
I assume the mcnulty upfront was around a million and paid easily for godden
Well would you prefer they just bend over and take the first offer?
If only we had master negotiator grendel in charge of the sales
time also puts pressure on the buyers tooIf we take the last fee it will inevitably be lower as we start to panic
time also puts pressure on the buyers too
McNulty was sold a year prior to Godden being brought in.
I'd imagine his fee would've been used for Chaplin, Hiwula, Bakayoko and JCH.
time also puts pressure on the buyers too
The buyers want to buy the player, we want to sell the player. You can just flip your argument around and say we could talk to other buyers or wait until the next window. Its also not important whether that’s true, it’s important whether they think it’s trueNot really. If push comes to shove they'll just look elsewhere or settle with what they currently have and see what options become available in the next window.
The club seemingly doesn't have the luxury of that kind of flexibility.
It’s a buyers market I don’t think clubs are that desperate to buy as we have no stand outs other than Gyokeres I guess
The truth is we have no idea who is interested and who is not.It’s a buyers market I don’t think clubs are that desperate to buy as we have no stand outs other than Gyokeres I guess
The truth is we have no idea who is interested and who is not.
That’s interesting it’s not what I’ve been told but I suppose ‘not sure’ covers the differenceI’m not sure the it can be kicked as far as January to be honest , think it could be more immediate than that
Are you allowed to disclose who you were told by Pete?That’s interesting it’s not what I’ve been told but I suppose ‘not sure’ covers the difference
That’s interesting it’s not what I’ve been told but I suppose ‘not sure’ covers the difference
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