lovejoy Posted May 30, 2009 Share Posted May 30, 2009 fuck again. Link to post Share on other sites More sharing options...
James Posted May 30, 2009 Share Posted May 30, 2009 What is our overdraft? Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 fuck knows. Link to post Share on other sites More sharing options...
Decky Posted May 30, 2009 Share Posted May 30, 2009 Why until Friday? Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 Why until Friday? not sure. david craig claims they are 'vwery very well placed sources' Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 30, 2009 Share Posted May 30, 2009 if the club doesn't pay it, barclays could apply for the club to be placed in administration as that what happens when club's don't pay bills Link to post Share on other sites More sharing options...
Neil Posted May 30, 2009 Share Posted May 30, 2009 Why until Friday? not sure. david craig claims they are 'vwery very well placed sources' He must be 'sensing' things again. Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 if the club doesn't pay it, barclays could apply for the club to be placed in administration as that what happens when club's don't pay bills wont happen. unless ashley fancies throwing £100m or so away. Link to post Share on other sites More sharing options...
Guest fraser Posted May 30, 2009 Share Posted May 30, 2009 Link please. Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 Link please. been on ssn. Link to post Share on other sites More sharing options...
cp40 Posted May 30, 2009 Share Posted May 30, 2009 Ashley will surely pay up, or he will lose everything. Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 30, 2009 Share Posted May 30, 2009 Ashley will surely pay up, or he will lose everything. i bet that him selling his stake in jjb was for this Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 anyone (macbeth maybe?) know how much the overdraft is?? Link to post Share on other sites More sharing options...
Guest fraser Posted May 30, 2009 Share Posted May 30, 2009 God's sake, we've only been relegated. Link to post Share on other sites More sharing options...
Skirge Posted May 30, 2009 Share Posted May 30, 2009 NEWS OF THE FKN WORLD MAN!! when will people learn? Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 30, 2009 Share Posted May 30, 2009 anyone (macbeth maybe?) know how much the overdraft is?? it's 40 million from the last set of public results and it's with barclays Link to post Share on other sites More sharing options...
JH Posted May 30, 2009 Share Posted May 30, 2009 Have the NOTW got a bumper Newcastle special or something?! Link to post Share on other sites More sharing options...
lovejoy Posted May 30, 2009 Share Posted May 30, 2009 anyone (macbeth maybe?) know how much the overdraft is?? it's 40 million from the last set of public results and it's with barclays so he has to get £20m to sort it. wont be an issue imo, media blowing it all out. Link to post Share on other sites More sharing options...
Guest Hodgey Posted May 30, 2009 Share Posted May 30, 2009 Why until Friday? not sure. david craig claims they are 'vwery very well placed sources' Hell's bells, this is all manna from heaven for the hacks who must be loving all this!! Just when they thought the NUFC-misery-well was running dry they get this beauty. Link to post Share on other sites More sharing options...
Guest johnson293 Posted May 30, 2009 Share Posted May 30, 2009 anyone (macbeth maybe?) know how much the overdraft is?? it's 40 million from the last set of public results and it's with barclays Sorry, dont know all the ins-and-outs of the accounts made public - but am i right then that it appears the club is using an overdraft, which is up to £40m, despite Mike Ashley having allegedly paid off most of the debt he inherited? Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 30, 2009 Share Posted May 30, 2009 anyone (macbeth maybe?) know how much the overdraft is?? it's 40 million from the last set of public results and it's with barclays Sorry, dont know all the ins-and-outs of the accounts made public - but am i right then that it appears the club is using an overdraft, which is up to £40m, despite Mike Ashley having allegedly paid off most of the debt he inherited? most clubs use an overdraft function, it bridges the gap in the season between season ticket sales etc Link to post Share on other sites More sharing options...
cp40 Posted May 30, 2009 Share Posted May 30, 2009 I think the OD story is a red herring, its Just the journalists putting a bit of polish on the story, it wont affect the big picture, which is who is going to buy the club. Link to post Share on other sites More sharing options...
Decky Posted May 30, 2009 Share Posted May 30, 2009 Maybe theres a potential owner and they want the OD reduced before they buy and have given Ashley an ultimatum? Link to post Share on other sites More sharing options...
Dave Posted May 30, 2009 Share Posted May 30, 2009 It'd be interesting to hear the thoughts of one of our resident accountants on whether this is significant or not. If true of course. Link to post Share on other sites More sharing options...
Guest fraser Posted May 30, 2009 Share Posted May 30, 2009 There's a 21 day thing, so it's not Friday. And if the club went into admin Barclay's would be amongst the last to be paid as it's an unsecured creditor. It's quite complex, more than SSN make it out to be, so probably uninformed speculation. Link to post Share on other sites More sharing options...
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