April 6, 201412 yr https://uk.eurosport.yahoo.com/video/red-football-top-10-debt-151903384.html?vp=1 Sounds quite scary when you put it like that....
April 7, 201412 yr If the majority of the debt is owed to the owner of the club then will ffp take that into account as I keep hearing that we have a soft debt of less than 10 million owed to the banks?
April 7, 201412 yr If the majority of the debt is owed to the owner of the club then will ffp take that into account as I keep hearing that we have a soft debt of less than 10 million owed to the banks?I think its measured on losses from now rather than previous debt. My assumption was that it jumped this year as it was the last season we could.
April 7, 201412 yr serious question.....Is anybody actually bothered or concerned about this debt? - I know I'm not
April 7, 201412 yr If Eddie and Phil aren't, why should we be? If they are worried; why should I be? In summary; no need to worry
April 7, 201412 yr If Eddie and Phil aren't, why should we be? If they are worried; why should I be? In summary; no need to worry reading this book at the minute about psychology behind businesses failing and doing well and that - interesting section on normalcy bias, sunk costs and loss aversion dunno if that's what is going on here, but just because they're calm on the outside doesn't mean all is well i'm not arsed as there's nowt I can do about it, but if it's true we're cost cutting to the point that we can't afford a full time bloke in a lion suit, we're obviously not in the best place, which is sickening when the likes of tyrone mears are bleeding us dry
April 7, 201412 yr All the debt is same as raiding the holiday fund to pay the leccy bill.Eddies took some spare cash out of one account and will put it back!! Just slowly;slowly.And even if he doesn't put it back he'll never be out of pocket.He owns the Club.Although he's probably never put a large amount of money into the Club.Its all virtual and pretend cash'a bit like bitcoins. ! Edited April 7, 201412 yr by jonnycooper
April 7, 201412 yr serious question.....Is anybody actually bothered or concerned about this debt? - I know I'm not Nope I have my own numbers to worry about thanks Footy is a way out of such a world
April 7, 201412 yr serious question.....Is anybody actually bothered or concerned about this debt? - I know I'm not No. But thanks for asking.
April 8, 201412 yr We've borrowed it from one of his other companies (moonshift or something) Who is this "We" though? If it's BWFC - Eddie is the owner, so he's borrowed it from himself, as somebody previously mentioned.
https://uk.eurosport.yahoo.com/video/red-football-top-10-debt-151903384.html?vp=1
Sounds quite scary when you put it like that....