Converting debt to equity doesn't change that much

The rest of us now have a dilution of our shares.

The club has no more cash and I don't believe we were financing the debt anyway.

Debt isn't a bad thing, depends who you owe it to and whether you can service it.

I'd like some figures.

Posted By: Worthing Yellow on August 12th 2024 at 14:43:38

Message Thread

Can we start waiving tenners around now singing we're f***ing loaded? (n/m) (NCFC) - Trent_Canary, Aug 12, 14:25:12
- Converting debt to equity doesn't change that much (NCFC) - Worthing Yellow, Aug 12, 14:43:38
  - Debt in a traditional corporate finance model is good (NCFC) - SimonOTBC, Aug 12, 16:55:53
    - I don't really understand corporate entities TBF. (NCFC) - usacanary, Aug 12, 20:01:44
  - True, but I seriously doubt Delia and Micheal would write of such a huge amount of money (NCFC) - Kev, Aug 12, 16:33:41
    - They’ve already invested c£70m (n/m) (NCFC) - SimonOTBC, Aug 12, 16:56:13
  - While true that if we're not paying it off it's not a matter for cash flow (NCFC) - jamesward, Aug 12, 14:45:41
- are we debt free now? (n/m) (NCFC) - Bristol Graham, Aug 12, 14:32:44
- Where's USAC when you need him? (n/m) (NCFC) - Cardiff Canary, Aug 12, 14:28:21
  - I'm here..... (NCFC) - usacanary, Aug 12, 15:45:56
  - Bristol (n/m) (NCFC) - Bristol Graham, Aug 12, 14:32:57
- Whilst wearing an 'on loan to the Championship' tee (n/m) (NCFC) - inutero, Aug 12, 14:27:18
- Can anyone confirm if we are? (n/m) (NCFC) - SCC 28, Aug 12, 14:26:58
  - We've just wiped out £59m of internal debt, so we're more loaded than before! (n/m) (NCFC) - Trent_Canary, Aug 12, 14:29:42
  - My dad reckons we are debt free come March/April next year. Ha ha Brilliant! (n/m) (NCFC) - Thegelman, Aug 12, 14:29:05

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.