The Esk
Player Valuation: £70m
I think most fans might be more forgiving if the board were a bit more honest about the whole thing
I agree with you 100%
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I think most fans might be more forgiving if the board were a bit more honest about the whole thing
I think you've answered your own question re Elstone's quote - pay down debt.
They can say what they want, present or spin as positively as possible but in this climate the bank (Barclays in this case) will want debt reduced - turn the balance sheet positive.
Forget investing in the team, until we show an operating profit, debt repayment is the name of the game.
Nope, you cant, cos there isnt any.
No. According to Elstone the bank is very relaxed about the level of debt. They have the cash coming in now and it's entirely a matter of choice what they do with it.I think you've answered your own question re Elstone's quote - pay down debt.
They can say what they want, present or spin as positively as possible but in this climate the bank (Barclays in this case) will want debt reduced - turn the balance sheet positive.
Forget investing in the team, until we show an operating profit, debt repayment is the name of the game.
In that case when the accounts come out we should see a reduction in the debt?
I look forward to that.
I smashed the oveido haters all over the place
http://www.grandoldteam.com/forum/threads/59785-Oviedo/page18
Looking for your incriminating evidence now Goat.
Its there.
I think you've answered your own question re Elstone's quote - pay down debt.
They can say what they want, present or spin as positively as possible but in this climate the bank (Barclays in this case) will want debt reduced - turn the balance sheet positive.
Forget investing in the team, until we show an operating profit, debt repayment is the name of the game.
Assuming we have reduced our operating losses yes!
No Matty lad no.
Garbutt isn't ready yet. If ever.
Are you two messing? He was woeful.
He's fecking useless.
VAULT ME.
No. According to Elstone the bank is very relaxed about the level of debt. They have the cash coming in now and it's entirely a matter of choice what they do with it.
I'd like to know in what world an extra £25m per year presents us with GREATER operating problems than before we had it?
Remarkable bit of flannel!
selling players and paying off debt increases the value of the equity, even if the overall value of the company stays the same.
So it could be a short term strategy to boost the value of the shares.
No. According to Elstone the bank is very relaxed about the level of debt. They have the cash coming in now and it's entirely a matter of choice what they do with it.
I'd like to know in what world an extra £25m per year presents us with GREATER operating problems than before we had it?
Remarkable bit of flannel!
If we're waiting on the practically unused Heitinga to be bought to sign a new player.
Does that suggest we have money to spend this window as has been suggested?