Macquarie Loan for Parachute Payments Rolled Over

[st albans fox]

38 minutes ago, Foxin_Mad said:

They are going to have to put money in if they want any hope of getting any back. The problem is you could do it sustainably if you have the correct people in place. The rules in this division mean that in the first year the large wages signed before last year on a 3 year or more deal don’t count on scmp. Turnover, we can spend 60% of on playing budget and an owner can invest and spend 60% of an investment on playing budget. Unlimited amounts can be spent on infrastructure which I assume is the train ground etc. With the right people running it and a good manager, starting literally next week or early June at the latest it’s doable but it requires people with a brain cell and self awareness at the top. 

So we’re fooked then …….

[Pita]

16 minutes ago, st albans fox said:

So we’re fooked then …….

Very

[ClaphamFox]

56 minutes ago, Foxin_Mad said:

They are going to have to put money in if they want any hope of getting any back. The problem is you could do it sustainably if you have the correct people in place. The rules in this division mean that in the first year the large wages signed before last year on a 3 year or more deal don’t count on scmp. Turnover, we can spend 60% of on playing budget and an owner can invest and spend 60% of an investment on playing budget. Unlimited amounts can be spent on infrastructure which I assume is the train ground etc. With the right people running it and a good manager, starting literally next week or early June at the latest it’s doable but it requires people with a brain cell and self awareness at the top. 

Isn’t it 75% in the first year for teams just relegated?

[Terraloon]

3 hours ago, ClaphamFox said:

Isn’t it 75% in the first year for teams just relegated?

It is