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As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

 

If he has done then it would only be the reduce the club debt to him.

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Guest sicko2ndbest

As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

 

That could be the understanding between Moat and Ashley to make up the short fall in his bid

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I just can't see why they would be sat together publically, shaking hands etc etc if there was no agreement. It makes little sense.

 

Then again, much of what Ashley has done makes little sense.

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Can you imagine the response if Ashley now rejected Moat's bid now?  Especially after the performance at the match on Saturday. Surely even he wouldn't do that to us?

 

If it's true that the backing is there from Barclays then it has to be a done deal. I can't see why Ashley would have sat with Moat on Saturday if there was any chance he was still going to pull the plug on the deal at the last minute. I know the fat fool is capable of spectacular own goals but that would be a new low.

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A lot of the reports have essentially been saying that he needs to  get the bank's support and then the deal can be done.  He now appears to have the support of the bank.  Clearly we are all paranoid and untrusting as a consequence of the last year's events....but it is starting to look like this is done.

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Guest sicko2ndbest

A lot of the reports have essentially been saying that he needs to  get the bank's support and then the deal can be done.  He now appears to have the support of the bank.  Clearly we are all paranoid and untrusting as a consequence of the last year's events....but it is starting to look like this is done.

 

Its one newspaper report

 

allbeit the 'Telegraph' and the 'Chief Sports Reporter'

 

But caution still needed imho

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As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

No he hasn't man. We just haven't been paid in cash. We sold Milner on a buy now pay in 12 months time deal and did the same with Shay Given.

 

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Guest Pedro_de_geordieo

As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

No he hasn't man. We just haven't been paid in cash. We sold Milner on a buy now pay in 12 months time deal and did the same with Shay Given.

 

 

 

Well if this article is to be believed it states that the overdraft hasn't been reduced by the sales of players so he's either reduced that from his asking price or just pocketed it.

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As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

No he hasn't man. We just haven't been paid in cash. We sold Milner on a buy now pay in 12 months time deal and did the same with Shay Given.

 

 

 

Well if this article is to be believed it states that the overdraft hasn't been reduced by the sales of players so he's either reduced that from his asking price or just pocketed it.

Can you not read?? We've sold players but not for cash so he therefore hasn't pocketed anything from the sales yet.

 

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I'd like to know where the money from the player sales has gone, if not to reduce the overdraft? And if the cash is yet due in, then why sell them on the bloody never-never?

 

To buy players with this summer. :snod:

 

Okay, I'm just being silly now.

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I'd like to know where the money from the player sales has gone, if not to reduce the overdraft? And if the cash is yet due in, then why sell them on the bloody never-never?

 

I'd be interested to know as well as I've always understood that an overdraft is probably the most expensive type of loan/finance, so surely any sales revenue into the club would be put directly into clearing the overdraft.

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Guest ItalianMagpie

I think no one buys players by paying the whole amount immediately. But the estimated future income is always counted in the balance, and so it is in the overdraft.

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I think no one buys players by paying the whole amount immediately. But the estimated future income is always counted in the balance, and so it is in the overdraft.

 

We do. The cash for Nolan and Ryan Taylor was paid in full and up front.

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Guest ObiChrisKenobi

I'd like to know where the money from the player sales has gone, if not to reduce the overdraft? And if the cash is yet due in, then why sell them on the bloody never-never?

 

To buy players with this summer. :snod:

 

Okay, I'm just being silly now.

 

Here's hoping!

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Guest Pedro_de_geordieo

As expected he has pocketed the cash raised from player sales  :no:  lets just have closure to this period finally.

No he hasn't man. We just haven't been paid in cash. We sold Milner on a buy now pay in 12 months time deal and did the same with Shay Given.

 

 

 

Well if this article is to be believed it states that the overdraft hasn't been reduced by the sales of players so he's either reduced that from his asking price or just pocketed it.

Can you not read?? We've sold players but not for cash so he therefore hasn't pocketed anything from the sales yet.

 

 

OK over reacting person I clearly can read given that I am replying to your post! what I can't read is the part that you are claiming and therefore have no grounds to state it...... :facepalm:

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