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Reply | Interview with the Owners
at 22:15 3 Sep 2018
Would a debt factoring style relationship not be possible? Advancing cash payments to deal with cash flow issues and then taking a large chunk of that initially owned. So effectively the club receives say £30m in transfer fees to cover large monthly salary costs in the short term, whilst the debt factor receives the fully owed amount, say £40m, several months later. Wouldn’t need to disclose in the accounts if not present at year end and is considered off balance sheet financing. Would tie in with both what’s been said and what most fans believe... |
| | canary_jack
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