Tudster - short time period plus variability of repayment is probably the answer re the

variable rate finance - heres the post below:

The longer term Jarrold related loan appears to be at a fixed rate and is structured over a long period of time .

The other debts which are variable rate (LIBOR + 2%)
are over a shorter period of time and it looks like the club will try to repay these asap, possibly by the end of this season. Given the variability in the date of repayment (BY 31st Dec 2008) its probably not practical to go fixed rate due to the penalties if you try to vary the repayment schedule - like mortgages.

Posted By: Financebod on November 23rd 2005 at 16:05:35

Structured --> fixed repayment amounts at fixed dates.

Tudster - ok ?

Posted By: Financebod, Nov 23, 16:14:40