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Post by themanfromatlantis on May 20, 2024 18:15:37 GMT 1
These threads about other peoples money are getting ridiculous. I swear we have a higher than average weirdo fan base I’m not sure. I suspect most clubs have threads like this. It’s the social media way nowadays. You pay £250 for your ST and you should expect to see the clubs finances laid bare, and have the club breach all of the legalities they’ll have signed up to so it can be laid out on an internet forum…
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Post by themanfromatlantis on May 20, 2024 18:16:18 GMT 1
if any money is still coming in from Karlan Grant, it’s basically just being shipped to one of our recent sacked managers right? I think they’d need a spreadsheet to model all that…
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Post by twyford on May 20, 2024 19:32:24 GMT 1
Wasn't there an agreement with potless that DH received all transfers revenue? Might have misunderstood that... I’d have thought if anything like that existed it would’ve been tidied up during the sale process to KN. Agreed. My take on reading the latest published accounts is that Nagle has made a part repayment of Hoyle's loans as part of the agreement to acquire the club and there will be a further payment of them made if conditions are met (return to PL). As such I can't see that any other monies due to the club (any further instalments due on Grant) will be for the benefit of anyone / anything other than the club itself.
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Post by Oblong of Dreams on May 21, 2024 5:25:44 GMT 1
These threads about other peoples money are getting ridiculous. I swear we have a higher than average weirdo fan base Roll on the Euros and next season. Too many with far too much time on their hands!
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Post by SacTown on May 21, 2024 7:04:56 GMT 1
I’d be surprised if that money is coming in to our football club. Where else is it going? These things are contractual, ie under contract. Exactly. Contract of sale <> WBA and HTAFC. Utterly ridiculous to think the money would go elsewhere post sale. Known Assets and liabilities are taken into account in the sale price.
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Post by detox on May 21, 2024 7:57:53 GMT 1
I’d have thought if anything like that existed it would’ve been tidied up during the sale process to KN. Agreed. My take on reading the latest published accounts is that Nagle has made a part repayment of Hoyle's loans as part of the agreement to acquire the club and there will be a further payment of them made if conditions are met (return to PL). As such I can't see that any other monies due to the club (any further instalments due on Grant) will be for the benefit of anyone / anything other than the club itself. Unless KN is thinking...mm, yes I'll use that to pay DH.... Joking apart, £2m a year is a hefty wedge for Town, add in £4m from SC sales...ramp up the commercial activities, it all helps.
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