bluenorthwarrior
Player Valuation: £8m
Fair assumption is that we can get around 30M this summer for Fellaini - recently with sales we have used a bit for replacements (usually cheaper players) and the rest to stave off the latest interest payment on one of our debt streams.
To me this is neither one thing nor the other and is continuing the poverty cycle.
My understanding is we have debts around 40-50M and it is the interest payments that are killing us without actually repaying the capital. How about using all 30M to pay off the short and medium term debt, overdraft etc and then start to operate within our means without the debt and interest crippling our operating revenue.
As we more or less break even as it is we should have the extra 20M tv money from this summer every year as an immediate and sustainable yearly transfer fund, plus the increased profit from lowered interest payments.
This may be our last chance to do this as we don't have many 30M sales on the books and this tv deal money will end up with the banks as interest if we dont clear our debts.
Either that or spunk all 30M in one go and sod the financial onsequences a la pompey (Carroll is available) but please not the middle ground that is getting us nowhere.
To me this is neither one thing nor the other and is continuing the poverty cycle.
My understanding is we have debts around 40-50M and it is the interest payments that are killing us without actually repaying the capital. How about using all 30M to pay off the short and medium term debt, overdraft etc and then start to operate within our means without the debt and interest crippling our operating revenue.
As we more or less break even as it is we should have the extra 20M tv money from this summer every year as an immediate and sustainable yearly transfer fund, plus the increased profit from lowered interest payments.
This may be our last chance to do this as we don't have many 30M sales on the books and this tv deal money will end up with the banks as interest if we dont clear our debts.
Either that or spunk all 30M in one go and sod the financial onsequences a la pompey (Carroll is available) but please not the middle ground that is getting us nowhere.