Rob W 0 Posted July 15, 2006 Share Posted July 15, 2006 they have borrowed £ 260 million securitised against their gate receipts for the next 13.5 years (!!!) Mind they got it at a fantastic rate - LIBOR +0.52% - their bankers must have season tickets Link to comment Share on other sites More sharing options...
Lazarus 0 Posted July 15, 2006 Share Posted July 15, 2006 cant see them using it to buy players like. they'll pay off their debt with it, but at a cheaper rate. Similar to me doing a balance transfer from my 13.9% egg card to my 0% halifax card. Link to comment Share on other sites More sharing options...
Rob W 0 Posted July 16, 2006 Author Share Posted July 16, 2006 still gonna cost them £ 30 million a year Link to comment Share on other sites More sharing options...
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