Parachute payments being used to clear debt

Remember when that thought was doing the rounds?

As of Aug 31 2024, NCFC principal debt stood at £54,800,000

(and before anyone jumps up and down about the summer sales, bear in mind that most transfer fees are paid in installments. So Sara + Idah + Rowe + Kamara did not clear the debts)

Posted By: Henclrikus on September 25th 2024 at 15:49:00

Message Thread

Parachute payments being used to clear debt (NCFC) - Henclrikus, Sep 25, 15:49:00
- So given their spending has dwarfed ours (NCFC) - Chair_of_the_Bored, Sep 25, 16:50:35
  - In my view (NCFC) - Henclrikus, Sep 25, 17:17:45
    - Do ever listen to Athletico Mince? (NCFC) - norwaay, Sep 25, 17:53:29
      - Haha! Me too! (n/m) (NCFC) - I Am H2O, Sep 26, 02:53:22
      - No. (NCFC) - Henclrikus, Sep 25, 18:38:22
    - We kinda stopped doing that when attanasio came in (NCFC) - SimonOTBC, Sep 25, 17:36:04
      - Meant to be a reply to proth (n/m) (NCFC) - SimonOTBC, Sep 25, 17:36:40
- Fucking hell and we try and do things right. (n/m) (NCFC) - protheroe fitzgibbon, Sep 25, 16:20:51
- Your rule 9 waiver arrived then !…. (NCFC) - loz, Sep 25, 16:08:31
  - Yes - although presumably still running at a deficit? (NCFC) - SimonOTBC, Sep 25, 17:46:01
    - You would expect … (NCFC) - loz, Sep 25, 18:19:19
      - Wage bill is down, but it will go up again. Is similar to Farke first year (NCFC) - Legacy Fan, Sep 25, 18:45:37

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