General Wolves News

[Nando]

Another loan from Macquarie, secured against TV revenues up to June 2023.

 

[Alan]

Another loan from Macquarie, secured against TV revenues up to June 2023.

Sorry, Nando, not sure what exactly this means for the club. Could you enlighten me?

 

[Tredman]

Sorry, Nando, not sure what exactly this means for the club. Could you enlighten me?

Macquarie are to financing what Donald Trump is to good governance.

 

[Paddingtonwolf]

But they give loans if you want to factor future income. If we can afford it, which we can, its just distasteful rather than worrying.

 

[Tony Towner]

Basically we are getting money now, borrowing against guaranteed revenue in the future. Now based on us not going down this season.

I really don't understand, something strange is going on

 

[Alan]

Basically we are getting money now, borrowing against guaranteed revenue in the future. Now based on us not going down this season.

I really don't understand, something strange is going on

Any idea what?

 

[Paddingtonwolf]

Its not strange. Its factoring. I just wish we chose a less disreputable institution to do it with

 

[AndyWolves]

We've been doing it since 2019.

We haven't done two so close together before, it would be incredibly optimistic to think it's funding some transfer activity wouldn't it!

 

[Paddingtonwolf]

It might well be. Its a bit of financial shennanigans but absolutely nothing to worry about unless the interest rate was insane.

 

[leedswolf]

Its not strange. Its factoring. I just wish we chose a less disreputable institution to do it with

Why would Fosun factor? That's usually reserved for companies with cash flow issues?

 

[Tony Towner]

Its not strange. Its factoring. I just wish we chose a less disreputable institution to do it with

It's very strange we shouldn't need cash

 

[MARKakaJIM]

Again, the calves on these guys are just unreal.

You should watch cycling.

 

[North Shropshire Lad]

The last decent American cyclist didn’t need big calves

 

[PuntsWolf]

So this is in addition to the Jota Money we loaned a month or so ago?

We really shouldn’t have cash flow issues, the only way we could is if we still owe money for the 2018/2019 splurge + Semedo/Fabio and that is all due to come out this month.

Or we’re planning on signing loads of players.

 

[Alan]

You should watch cycling.

There are dozens of racing disciplines I'd pick first, but your point is well made.

Still freaks me out sometimes.

 

[AndyWolves]

You'd have to think either the Jota one or this one is a demand to cash which has only recently come about.

 

[Keef]

Have to say fair play to lance for winning 5-6 Tour de France while on drugs, when I'm on drugs I can't even find my bike let alone ride it

 

[Alan]

Suppose it's possible Fosun see our position and know we're in with a really good opportunity to capitalize and bring in that sweet, sweet European football money.

But I'm sure none of us are so optimistic as to expect that.

 

[MARKakaJIM]

There are dozens of racing disciplines I'd pick first, but your point is well made.

Still freaks me out sometimes.

I wouldn't recommend it as sport but for a calf fetishist it must be glorious. Save yourself the hassle and just Google some pictures of Chris Hoy.

 

[AndyWolves]

Previously fat blokes who are now sporty always seem to have big calves too