50m Loan

[Woodsetton Wolf]

Not sure if this is on another thread, but we have loaned against our TV revenue, to access money quicker for our operational costs.
EXCLUSIVE: Wolves take out £50m loan secured against TV revenue

Let’s hope some of it goes towards a couple of January signings.

 

[Guzeppi]

They'll pay it back in no time, just by the £5 to watch training. Easy peasy. I also think that a friendly against Chorley at £10 a pop should more than cover it if the 5,000,000 who went last time do it again.

#chilling_with_the_dough

 

[colwall wolf]

Macquarie Bank

 

[Pagey]

They'll pay it back in no time, just by the £5 to watch training. Easy peasy. I also think that a friendly against Chorley at £10 a pop should more than cover it if the 5,000,000 who went last time do it again.

#chilling_with_the_dough

4,999,999 i aye going through that a ****in gain

 

[Deleted member LP 3925]

Yes please, can I have it at half time, meet at the concourse? When should I pay you back?

 

[Deleted member LP 3925]

They'll pay it back in no time, just by the £5 to watch training. Easy peasy. I also think that a friendly against Chorley at £10 a pop should more than cover it if the 5,000,000 who went last time do it again.

#chilling_with_the_dough

Hey, don't spoil my business plan. I'm on Dragon's Den next series. I've started an 'I was at Chorley' Club.
£50 and you get a T-Shirt and an 'official' certificate, no questions asked/no proof required
This time next year, Rodney, we'll be millionaires.

 

[Deleted member LP 3925]

Also thinking about an 'I saw Bergkamp in Asda' society and 'I Dropped A Scalding Pie On A West Ham Fan' Club.

 

[Peszkywolf]

Maybe to build the new Steve Bull?? Would cost about 50m?

 

[arctic rime]

Its normal , I've just done similar for our business albeit not £50 m !

 

[WolfLing]

I’ll be the first to say it. Where’s the ****ing Lescott money gone?!?!

 

[cookey]

Come on Mods - please combine the two threads

 

[GoldenHorseshoe]

I’ll be the first to say it. Where’s the ****ing Lescott money gone?!?!

He doesn't post much anymore

 

[Deleted member 5910]

It's worrying that it's for "operational costs". That implies the day-to-day running of the club and salaries (let alone new signings) are taking their toll.

 

[hollo]

How much extra are we getting from the europa cup - ticket sales and group stages. Is it 10 million at the moment.

 

[Agent Cooper]

It's worrying that it's for "operational costs". That implies the day-to-day running of the club and salaries (let alone new signings) are taking their toll.

It's not worrying. It's just tax efficient. Man City with the richest owners In football do the same. Don't think the City fans will be losing any sleep over the short term loans their owners have taken out.

 

[Flynn]

How much extra are we getting from the europa cup - ticket sales and group stages. Is it 10 million at the moment.

Hard to judge ticket sales, but prize money for the Europa League depends how far you go:

• Preliminary round: €220,000
• First qualifying round: €240,000
• Second qualifying round: €260,000
• Third qualifying round: €280,000
• Play-off round elimination: €300,000
• Base fee for group stage: €2,920,000
• Group match victory: €570,000
• Group match draw: €190,000
• Group winners: €1,000,000
• Group runners-up: €500,000
• Round of 32: €500,000
• Round of 16: €1,100,000
• Quarter-finals: €1,500,000
• Semi-finals: €2,400,000
• Losing finalist: €4,500,000
• Winners: €8,500,000

So we came in during the 2nd round, so get the 260k Euro, and the 280k for the third round, and the 2.9m euro for getting to the group stage. We also beat Besiktas, so get an additional 570k Euro.

So far we're on about 4m Euros - around £3.4m.

Of course, we win a few more games and that pot will grow significantly.

 

[Stoichkov]

All going pete tong, tweets C Ross

 

[Axle]

I’ll be the first to say it. Where’s the ****ing Lescott money gone?!?!

I liked the one about the Neil Emblen money.

It went on Neil Emblen.

 

[DBadger]

I'm hoping they spend some of it on the stadium

 

[wayne-the-wanderer]

Hard to judge ticket sales, but prize money for the Europa League depends how far you go:

• Preliminary round: €220,000
• First qualifying round: €240,000
• Second qualifying round: €260,000
• Third qualifying round: €280,000
• Play-off round elimination: €300,000
• Base fee for group stage: €2,920,000
• Group match victory: €570,000
• Group match draw: €190,000
• Group winners: €1,000,000
• Group runners-up: €500,000
• Round of 32: €500,000
• Round of 16: €1,100,000
• Quarter-finals: €1,500,000
• Semi-finals: €2,400,000
• Losing finalist: €4,500,000
• Winners: €8,500,000

So we came in during the 2nd round, so get the 260k Euro, and the 280k for the third round, and the 2.9m euro for getting to the group stage. We also beat Besiktas, so get an additional 570k Euro.

So far we're on about 4m Euros - around £3.4m.

Of course, we win a few more games and that pot will grow significantly.

Will that be paid at the end of the tournament though?

Its worth noting to that the £130 million we get for finishing 7th last season is paid in instalments so we've probably not had much of that so far.
Apart from signings and wages the club will have also had huge up front costs so far this season with the china trip, europa league games aswell as the money spent on Molineux over the summer

 

[S G Wolves]

All going pete tong, tweets C Ross

Absolutely nothing to worry about.

Other options would be:
1. Further cash injection by Fosun, but could upset FFP.
2. Expensive overdraft.

Good commercial decision whilst waiting for tv money to arrive.

 

[North West Wanderer]

It’s called managing a cash flow cycle. You’d be surprised what some companies do to manage this. Perfectly normal

 

[WonderWolf]

It's simply money in hand.

Hopefully it's to help facilitate a splurge surge in the new year.

 

[Very Proud (AKA Still Proud)]

Will pay Ruben Diaz’s buy out clause in January.

 

[wolvesinwales]

If Ross is worried that puts my mind at rest.

 

[bod101]

Not sure if this is on another thread, but we have loaned against our TV revenue, to access money quicker for our operational costs.
EXCLUSIVE: Wolves take out £50m loan secured against TV revenue

Let’s hope some of it goes towards a couple of January signings.

Not wanting to be funny but that article pretty much just reads like a summary of most of the topics posted on here this week.

 

[Flynn]

Will that be paid at the end of the tournament though?

Its worth noting to that the £130 million we get for finishing 7th last season is paid in instalments so we've probably not had much of that so far.
Apart from signings and wages the club will have also had huge up front costs so far this season with the china trip, europa league games aswell as the money spent on Molineux over the summer

Absolutely no idea.

But by the way this thread is explaining it, it's good to know it's nothing to worry about. Just managing how we get our money, on our terms, rather than needing additional cashflow.

 

[JadeWolf]

If Ross is worried that puts my mind at rest.

Agreed, bloke chats utter **** based on a nonsense agenda he has. Are we sure he’s not on here lol?!

 

[Stoichkov]

Agreed, bloke chats utter **** based on a nonsense agenda he has. Are we sure he’s not on here lol?!

I think he probably has a point based on Guo / Fosun relationship with Chinese Govt..... but it's his agenda which is annoying. He seems to be willing it to happen, and desperate for some sort of status.

 

[JadeWolf]

I think he probably has a point based on Guo / Fosun relationship with Chinese Govt..... but it's his agenda which is annoying. He seems to be willing it to happen, and desperate for some sort of status.

It’s the way he bills himself as voice of the fans. You don’t speak for me mate!

 

[Mugwump]

So how much do we have to add to this 50 million to get Dias?

 

[Wolf316]

So how much do we have to add to this 50 million to get Dias?

Six million I think.

 

[Bankswolf The Third]

50 million loan and the release of a limited edition wolves shirt at £80 a pop to fund the rest
Welcome Dias

 

[bod101]

Dias is off to man city isnt he?

 

[Wolf316]

Try again

I thought his release clause was £56 million?

 

[Pagey]

I thought his release clause was £56 million?

It is, but taxes and agent fees would push it over 70

 

[Mr Wolf]

Not worth it from what I’ve seen, might be fine for Man City who have 70% possession but I think he’d struggle in our team currently.

 

[Deleted member 4023]

Dias might be coming here in a Man City shirt.

 

[Deleted member 5962]

Not worth it from what I’ve seen, might be fine for Man City who have 70% possession but I think he’d struggle in our team currently.

Kinda agree. I hoped the signing of Vallejo, who like Dias is a CB better suited for teams who push higher up and have more possession than us, would mean a change in tactics to one that was more positive. But this is not the case, and as long as we play the way we do, a more no-nonsense type of CB like Bennett is going to do better than any modern ball playing CB for us.