£60 Million Chinese Deal?

[captainvindaloo]

 

[roydo]

A take it we have found our funding source for the stadium then?

You bought your house with an overdraft?

 

[AdaBrummieblue]

I've just finished reading this. Seems like a no-brainer. We don't have to use it if we don't want to. It's NOT a loan. Can't see why anyone would complain. I know they'll find a way though.

 

[KUEFC09U2]

Exactly still has to be paid back somehow. No doubt by player sales. It may be the reason we have spent big without selling Rom yet

Or it shows they are confident in where Moshiri is taking us as a business, with rising revenues outside of player trading etc

 

[Librarian]

I guess that's just Mao we roll these days

 

[ijjysmith]

Hahaha your new avatar. So quick!

 

[bluestevon]

Absolutely massive importance this, the club is being ran by people with an actual clue finally

 

[ijjysmith]

I guess that's just Mao we roll these days

Oh wow.

 

[AdaBrummieblue]

Knew the spending was too good to be true. More debt then

Did you even bother to read the article?

 

[Goat]

Hahaha your new avatar. So quick!

I for 1 embrace our new Chinese overloads and I am quite happy to overlook their shocking human rights record in the past.

 

[Groucho]

Basically allows us to spend more and stay within FFP then??

 

[malfosse]

Are you saying we're in for David Luiz?

 

[everton2004]

Makes sense - a rainy day fund. Or ready cash should Messi decide he wants to jib Barca

 

[Kal El]

 

[d4kyxx]

Basically allows us to spend more and stay within FFP then??

No it's a credit facility not actually extra income. Just means we can buy players before needing to sell to finance them. Then when we sell we can pay it back