Legends-Lounge
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Non PC straight talking tory Brexit voter on this
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« Reply #57165 on: Saturday, December 30, 2023, 12:35:09 » |
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Not sure but the other issue with it, and this is where my knowledge isn’t perfect so please correct me if I’m wrong, if we’ve already received the future transfer fees from that transfer fee loan/agreement thing we signed up to where we get the money now and pay it off with the future transfer fee payments and we’ve already spent/earmarked that money for something else, then it’s not as simple as just saying “keep 400k of it” to Franchise as we then have to plug that gap in the repayment of the fee’s from somewhere else.
Explained that very poorly, I.e
If MK owe us 1 Mill spread over 3 payments and we’ve received 1 mill up front from the transfer fee up front agreement and plan to pay it back with each of the 3 payments. If we say to MK to just keep 400k of it then we need to plug that 400k gap in repayments from somewhere else I assume?
It’s basically factoring your income. Banks offer this facility for business’s who are short of cash flow. It comes at a price. If MK owe us x over y time. We get it we get it sooner z less a % of x. |
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newmarket red
, ; . ' ?
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Thrives on negativity.
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« Reply #57166 on: Saturday, December 30, 2023, 12:37:09 » |
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How about looking at josh stokes of aldershot.
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tans
You spin me right round baby right round
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« Reply #57167 on: Saturday, December 30, 2023, 12:42:19 » |
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Does anyone know the actual truth in the 'mk owe us for twine' rumours. I know Rich/ls pod dug and didn't think they did, I respect that.
in any case remember we took a loan against future transfer fees. I thought this was McKirdy money but could be twine. so both would therefore be true in a way
I thought they took this loan out in advance of transfer fees this season? |
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London Pride
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« Reply #57168 on: Saturday, December 30, 2023, 13:27:29 » |
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There is no money owed to the club from Hibs or MK as the club sold off this debt to a financial management company last season because they needed the money. Obviously as a result only got a percentage of what was owed.
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joeydubya
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« Reply #57169 on: Saturday, December 30, 2023, 14:31:45 » |
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Obviously we all love him but £400k for six months of Kemp would be ridiculous
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DV
Has also heard this
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Joseph McLaughlin
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« Reply #57170 on: Saturday, December 30, 2023, 14:45:08 » |
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Obviously we all love him but £400k for six months of Kemp would be ridiculous
That all depends on what we sell him on for doesn’t it… (and longer term where any profit on said flip of Kemp goes) |
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Batch
Not a Batch
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« Reply #57171 on: Saturday, December 30, 2023, 15:16:14 » |
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There is no money owed to the club from Hibs or MK as the club sold off this debt to a financial management company last season because they needed the money. Obviously as a result only got a percentage of what was owed. that's what I thought, though it wasn't clear what money was accounted for by the loan. so we (likely) simply don't have that cash to spend now. |
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Bob1978
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« Reply #57172 on: Saturday, December 30, 2023, 15:24:18 » |
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We need one or probably two even if young stayed. |
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Jimmy Quinn
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The future is orange
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« Reply #57173 on: Saturday, December 30, 2023, 15:26:49 » |
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Mondays team selection could be interesting  |
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Kaufman
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« Reply #57174 on: Saturday, December 30, 2023, 15:42:59 » |
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Mondays team selection could be interesting How so? I only knew today that kemp and young will be available as it’s 2nd Jan when window opens |
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Batch
Not a Batch
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« Reply #57175 on: Saturday, December 30, 2023, 15:44:48 » |
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it's the first of January from everything I've googled
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Jimmy Quinn
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The future is orange
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« Reply #57176 on: Saturday, December 30, 2023, 15:45:13 » |
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How so?
I only knew today that kemp and young will be available as it’s 2nd Jan when window opens
I never knew that it’s always been the 1st January since I can remember |
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Audrey
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?Absolute Calamity!?
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« Reply #57177 on: Saturday, December 30, 2023, 15:47:29 » |
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Danny Johnson from Walsall
Hiram Boateng from Mansfield
My 2 tips
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Kaufman
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« Reply #57178 on: Saturday, December 30, 2023, 15:49:17 » |
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I never knew that it’s always been the 1st January since I can remember
Nah I’m wrong it’s the 1st but was told today that Kemp and Young should be playing as I guess the match falls on that first day. |
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Audrey
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?Absolute Calamity!?
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« Reply #57179 on: Saturday, December 30, 2023, 15:51:34 » |
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Nobody available to do paperwork at the EFL on New Year’s Day I’d imagine.
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