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Burnley

  • Thread starter Thread starter Longlostjack
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Longlostjack

Ivor Allchurch
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The dangers of “investment”.

Burnley face 'significant' loan repayment if relegated, accounts show https://www.bbc.co.uk/sport/football/61317194
 
8%? Jesus. Connected party loans. Accelerated repayment terms. £105m in loans. Sounds like bandit country.

It's a worse hedge fund than we've got...or was...God knows what we have now. The Trust certainly doesn't.

Doesn't matter what their 'reserves' are. Unless they sell a hell of a lot of assets or hold the money in cash, they won't be repaying any time soon. They'd better pray to stay up.
 
Accelerated repayment terms in the event of relegation which makes it infinitely more difficult to afford the repayment terms. That makes it far, far more difficult to bounce back up.

Crikey!
 
Looks like they did the same thing our owners did. Thought that after X no of seasons in the Prem that the club was established and jumped in with both feet.
 
I’ve lost count of how many times that sellout apologist prick elsewhere has used Burnley as an example.
F*cking chump.
 
I think Leeds will go down, I think Burnley will be fine, if Chelsea had beaten Everton on Sunday they would have stayed favourites for me, but given they won and the way they played they'll be fine.

The remaining fixtures look gloomy for Leeds.
 

Coventry City v Swansea City

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