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Author Topic: New beginnings - 25% Truth, 80% Bollocks  (Read 1165374 times)
Nemo
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« Reply #2910 on: Thursday, March 9, 2023, 22:08:48 »

I thought Batch had found a cauliflower/onion hybrid.

Would make the eater smell vile at both ends that
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ron dodgers

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« Reply #2911 on: Thursday, March 9, 2023, 22:17:32 »

Do they still do the £10 Nationwide tickets?

Considering how many people Nationwide employ in Swindon - Iíd guess the large majority of us could use that offer if so inclined.

Önot sure what the club gets(got) out of that deal.

why don't you ask your ex-colleagues they might know?
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DiV
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« Reply #2912 on: Thursday, March 9, 2023, 23:41:36 »

why don't you ask your ex-colleagues they might know?

Öbecause Iíve kept in touch with basically none of them and fuck knows if they even still work there - it has been 16 years now.
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jayohaitchenn
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« Reply #2913 on: Friday, March 10, 2023, 08:58:26 »

Nationwide tickets are £12 adults, £5 kids and a single employee can buy 2 of each for each game.
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The Artist Formerly Known as Audrey

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« Reply #2914 on: Friday, March 10, 2023, 16:45:57 »

Canít be arsed to look back but when the JV is all signed, is there a one year limit on when work has to begin on the Bank?
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DiV
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« Reply #2915 on: Friday, March 10, 2023, 20:42:48 »

Nationwide tickets are £12 adults, £5 kids and a single employee can buy 2 of each for each game.

Might have to look into that.
Although I imagine theyíll be going up for next season.
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Jimmy HaveHave

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« Reply #2916 on: Friday, March 10, 2023, 20:44:24 »

Is it a recent thing or have the tickets been that price for employees all season.
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So, give no fucks
ChalkyWhiteIsGod
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« Reply #2917 on: Friday, March 10, 2023, 21:33:58 »

Canít be arsed to look back but when the JV is all signed, is there a one year limit on when work has to begin on the Bank?


Good question, you'd expect to see some plans at least during the summer.
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tans
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« Reply #2918 on: Monday, March 13, 2023, 16:25:45 »

Any idea what this means? Some bloke posted it on facebook

https://find-and-update.company-information.service.gov.uk/company/10291176/charges/-tL4XAneF9mQ7_qQE2iDa1SJk-g
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Nemo
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« Reply #2919 on: Monday, March 13, 2023, 16:32:19 »

A charge is the security part of a secured loan. It's part of the documentation relating to a secured loan for transfer funding (specifically, it mentions transfer funding), I can't quite work out what it's secured on though from that, it seems to be some offices in London rather than specifically club property.

The loaning company is this lot - https://timefinance.com/
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The Artist Formerly Known as Audrey

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« Reply #2920 on: Monday, March 13, 2023, 16:32:32 »

Think so.

Axis has 3ntered into an agreement with TIFL (Time Invoice Finance Limited) for a Football Transfer Funding Agreement and using the property mentioned as collateral.

Looks like a war chest for next season.
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Bogus Dave
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« Reply #2921 on: Monday, March 13, 2023, 16:51:47 »

Given the timing itís likely to be a credit provider for season tickets, with axis acting as a guarantor and putting up (what I assume) is their Uk Offices as collateral
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Things get better but they never get good
The Artist Formerly Known as Audrey

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« Reply #2922 on: Monday, March 13, 2023, 16:53:07 »

This financing is known as Football Receivables Finance. Used widely. Hereís @n ex@mp,e.

Ď In the US for example, Packers spent $420 million on expenses in 2018, out of which $213 went to the players. They spent $208 million on marketing, administration, and team-related costs, and stadium upkeep, and the situation is not different from the European football leagues as well, when it comes to overspending. However, private lenders and sponsors have helped the football sector to unlock the full potential of their assets, such as player transfers, existing deals, and contracts.í
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Batch
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« Reply #2923 on: Monday, March 13, 2023, 17:05:57 »

This probably needs some open and honest communication given its a public document.

Looks like Clem is raising capital by mortgaging business premises, and that he's getting charged 4% above base for the pleasure.

Can't see an amount, can't work out if he's taking the risk or FC or both. Can't tell if this is good, bad, risky or fine.
« Last Edit: Monday, March 13, 2023, 17:44:21 by Batch » Logged
JanAirplaneMan

« Reply #2924 on: Monday, March 13, 2023, 17:12:04 »

This probably needs some open and honest communication given its a public document.

Looks like Clem is raising capital by mortgaging business premises, and that he's getting charged 4% for the pleasure.

Can't see an amount, can't work out if he's taking the risk or FC or both. Can't tell if this is good, bad, risky or fine.
Its 4% on top of the bank interest rate so more like 8%
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