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View Full Version : Where's the money gone?


thetoffees
02 Sep 2009, 07:01 AM
Ok I know we have just brought three internationals in but they were all paid for by the Lescott fee (with a few mil spare to pay Wolves' sell-on clause)

So where is the rest of the money, the funds that were set to spent on Naughton etc earlier in the summer??

Are are we in more financial trouble than we thought? Or is it being ring fenced for Kirkby?

I doubt Moyes will spend in January so it looks like for the foreseeable future we will have to sell each summer before we can buy, a dangerous precedent if we want to progress.

patfan1
02 Sep 2009, 09:13 AM
Ok I know we have just brought three internationals in but they were all paid for by the Lescott fee (with a few mil spare to pay Wolves' sell-on clause)

So where is the rest of the money, the funds that were set to spent on Naughton etc earlier in the summer??

Are are we in more financial trouble than we thought? Or is it being ring fenced for Kirkby?

I doubt Moyes will spend in January so it looks like for the foreseeable future we will have to sell each summer before we can buy, a dangerous precedent if we want to progress.
They took a 13 million loan out recently ... wonder where that's going.

JERMAIN*DEFOE
02 Sep 2009, 10:12 AM
We're in bad debt, we know that, and the cash we take out is basically just to manage it. We will have money to spend in January though.