General Wolves News

[Paddingtonwolf]

I'm quite envious of the Steve Bull stand having Staropramen. I like that beer rather large amounts.

 

[Pablowolf]

If I'm hungry, I'll stick to an after match carpet burger.

 

[Newbridge Wolf]

I do like a pint of Staropramen too

 

[Johnny75]

£7 for a pie and pint! Used to be free a few years ago

Cheaper than the London!

 

[Kenny]

£7 for a pie and pint! Used to be free a few years ago

Bravo sir...bravo

 

[Pablowolf]

Cheaper than the London!

Who was it that had that rank triple cheese burger before the Watford match in the London? I think it was WhiteWolf. Cheese burger with manky mac and cheese topping.

 

[Paddingtonwolf]

Fuck me that looked appalling fare.

Bleeurrgh

 

[White Wolf]

Who was it that had that rank triple cheese burger before the Watford match in the London? I think it was WhiteWolf. Cheese burger with manky mac and cheese topping.

Yes it was me. Wotsits with it as well... :icon_lol:

 

[Parkins left foot]

Yes it was me. Wotsits with it as well... :icon_lol:

The Wotsits were what pushed it over the edge really

 

[Pablowolf]

Yes it was me. Wotsits with it as well... :icon_lol:

Dirty bastards.

 

[Tredman]

Free gift for us in the BW lower on sat.

In your face losers.

 

[Kenny]

Free bottle tops?

 

[Tredman]

Gold plated.

 

[Aikiwolf]

Gold plated bottle tops to be paid for by a £50 million loan!

I'm not a fan but if the loan is paid back quickly then it shouldn't megatively impact the club. Perhaps it raises a small question mark over cash flow in the club or the amount Fosun have available to loan to the club following the Thomas Cook collapse?


https://www.expressandstar.com/spor...take-out-50m-loan-secured-against-tv-revenue/

 

[Paddingtonwolf]

Nah. It’s just factoring. Plus in a business manageable debt on the balance sheet is actually a good thing for accounting purposes.

 

[PuntsWolf]

It’s strange.

They seem pretty reluctant to spend money at the moment, which is fine. But then to loan money externally With interest is bizarre if you have money.

 

[darlowolf64]

It’s strange.

They seem pretty reluctant to spend money at the moment, which is fine. But then to loan money externally With interest is bizarre if you have money.

They can't just throw money at it due to FFP and so does this get around that? ie, it's money the club have loaned rather than the owners have injected and so can spend a bit more?

 

[Pablowolf]

It looks 'off' from an accounting perspective if Fosun just throw money into the club where and when needed. This is a non-story that's going to cause unrest amongst the fans.

"Wim broke already"

"Thomas Cook nicked our money, Rego"

 

[Aikiwolf]

I agree with that. It's just a way of managing cash flow. Though I think it does point to Fosun not having lots of surplus cash floating around at the moment. Otherwise they could have provided an interest free loan.

However, Fosun not having spare cash isn't the same as skint, I'd just assume its tied up in tangible assets.

 

[AndyWolves]

Doesn't this give us extra headroom from an FFP perspective?

The club is self financing operating costs rather than relying on fosun. Therefore, Fosun would theoretically be able to invest more into 'progress' rather than BAU