ENIC

[robp135]

Two seasons on the trot
After the owners made their cash injection
That’s a worry for me

There is no reason to worry about low interest debt for a company that makes £500M+ a year.

 

[ricky2tricky4city]

There is no reason to worry about low interest debt for a company that makes £500M+ a year.

It ain't low interest

 

[ricky2tricky4city]

There is no reason to worry about low interest debt for a company that makes £500M+ a year.

We turnover £500m.

 

[MartyFunkhouser]

Two seasons on the trot
After the owners made their cash injection
That’s a worry for me

Yep same, I think it also puts all the pressure on this window being a 10/10 because you get down the line and say Savinho is a flop at near 100m, you are going to struggle to replace him, especially when you owe a chunk of revenue to repayments

 

[robp135]

It ain't low interest

What is the rate?

 

[ricky2tricky4city]

What is the rate?

Reported 6-9s but even that was when base rates were much lower than they are now.

 

[robp135]

Reported 6-9s but even that was when base rates were much lower than they are now.

I am a Commercial Finance Broker. That is low for a working capital loan. Most business of Spurs size will be 10-15% at the moment. Man Utd were borrowing at 29% from the same type of loan from the same form a few years back.

 

[ricky2tricky4city]

I am a Commercial Finance Broker. That is low for a working capital loan. Most business of Spurs size will be 10-15% at the moment. Man Utd were borrowing at 29% from the same type of loan from the same form a few years back.

As I say figures from lower base rate days

Is that since the Glazers?...clarify 29% from Macquarie?

Borrowing from the future is never a good idea. $40 trillion gov snowball your side of the pond innit?

 

[robp135]

As I say figures from lower base rate days

Is that since the Glazers?...clarify 29% from Macquarie?

Borrowing from the future is never a good idea. $40 trillion gov snowball your side of the pond innit?

Yeh it’s a disaster but I’d argue the US has greater capacity to sustain it than the UK even if the debt ratio is lower. Not to dissimilar to Spurs vs other Prem clubs.