NSWE Investment

[Risso]

Without knowing anything else about the circumstances, it's not worth worrying about. We're the only club with little or no debt. With borrowing being so cheap at the moment, the owners probably think it's easier if the club borrows a relatively small amount instead of them putting in the cash again.

[Billy Walker]

My guess is that this is funding for the mooted  inner city academy? Has work on this started yet?

[kippaxvilla2]

I couldn’t read that document Martin is it in another format?

[Beard82]

Its for the money to buy Joe back in the summer when hes grown up, got his bling, and decided he wants to do it properly this time

[Risso]

Not working for me now either!

Try this - the charge is at the top. https://find-and-update.company-information.service.gov.uk/company/03375789/filing-history

[kippaxvilla2]

Thanks.  True then.  Banking on us staying up at least.

[eamonn]

Was that guy on Villatalk claiming Edens was becoming disinterested, talking baloney ?

[Ads]

More than likely.

[Percy McCarthy]

That’s long and I start work in ten minutes. Have we borrowed some money?

[kippaxvilla2]

Yes

[Risso]

It's a £45m overdraft secured on the Premier League money at the end of the season.

[cdbearsfan]

I don't understand it, but I don't like the sound of it. We weren't doing this when we were spending loads of money, we are doing it now we've stopped spending money.

It could be nothing, but I just worry that whenever we get close to challenging the combined forces of darkness unite to make everything turn to shit.

[Ads]

I'd suggest it's FFP maneuvering. We may well be at the limit of how much equity the owners can exchange debt for.

What a ludicrous load of bollocks FFP is generally.

[Risso]

I'd suggest it's FFP maneuvering.

I can't see that it's got anything to do with FFP really. The only effect on profit would be any interest charge on the overdraft.

Might just be as simple as wanting some working capital at a very low rate of interest so they don't have to keep sending cash over. We had no borrowings before, £45m isn't really very much in the grand scheme of things.

[Rory]

My main concern is that we're accepting of the word 'disinterested' when we mean 'uninterested'.

But in all seriousness, if NSWE were to look at selling now, would they recoup their investment? If they'd purchased us as a Championship club for half a Grealish, invested nothing, and were now looking to sell us as an established PL club, okay. 

But it seems a pretty stupid move to me. With the way the game is going, if we become regularly top 6-8 (and I don't think it'll take much to get there) we'll be a club worth £800m-£1bn within five years.

Do serious investors get involved in football for short term profit anymore?