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Overdraft?

Discussion in 'Newcastle United' started by Darren Peacock’s Ponytail, Jan 30, 2019.

  1. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Read somewhere....... can't remember where.

    But we may now have an overdraft that has allowed the purchase of players.

    Could the takeover be still on?
    Or can anyone think of another reason why the fat one would do this rather than just increasing the loan or just not removing funds to pay off the loan?
     
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  2. cronemeister

    cronemeister Well-Known Member

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    £20m for Almiron will pay for itself if it keeps us up. Ashley is most likely banking on someone coming in and offering £40m, £50m or £60m for him in a couple of years...if not we won't be any worse off as he will have paid for himself by that point.
     
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    Captainchaos. likes this.
  3. Warmir Pouchov

    Warmir Pouchov Better than JPF

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    Its funny isn't it, I had this conversation with several people on the way out of the ground. Loads were saying the takeover must be on because there is no way Ashley would spend that money. How sad it is that the fat **** has now reached the point where he has conditioned the fans enough to think that just normal PL spend indicates he must be leaving.
     
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  4. Lord Jonjomort

    Lord Jonjomort Well-Known Member

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    Not this, but could it be as simple as realising what it takes to run a football club? Could questions have been asked during takeover discussions about structured payments, serviced o/d, and when we were caught short it had a negative impact on the value of the club? I've always thought it utterly ridiculous that we sell under staggered payment terms but insist on buying cash up front; it's hugely debilitating for the club to operate in the manner. Besides which, the TV payments tend to clear just after transfer windows shut, so if you can't then buy anyone and then get paid cash, your performances deteriorate and you end up looking at the cashflow in terms of risk of relegation, instead of next level investment. Vicious cycle that ends up in relegation - could it be that for whatever reason Ashley now sees and understands this?

    Quite why it's taken so long is a mystery, but it seems incredibly coincidental that we've changed basic policy on the back of the - alleged - near takeover.
     
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