Coutinho

comment by moreinjuredthanowen (U9641)
posted 2 hours, 48 minutes ago
comment by *Michael Edwards FC {Proud owner of the 5 000 000th comment} Super Premier European Champions of the World (U2720)
posted 12 minutes ago
comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
You guys need to realise what that means.

No bank is going to take on the full debt. We clearly felt barca were a bad debtor who were not going to pay so we've sold the risk and taken a discount on the fee. (who would take it on if not)

We will never see anything near the 140mil and this is one aspect of why we are broke. We spent the money then the player flopped at barca and so we ensured we would get some money back.
----------------------------------------------------------------------
Yeah but reports are we got up to 90%. Really can't confirm if that's true though.
----------------------------------------------------------------------
could you see anyone buying a bad debt for 90% of the face value?

Like if we did and got actual cash for it given the fee was grossly inflated then it'd be miraculous business.

Barca paid 50% or something up front maybe. they boasted about that so then i assume the next phases of the fee might have been sold off with a risk discount.

If we cleared 100mil out of it i reckon we did well. The issue is whether we spent all 140mil of it and have ended up making do as a result for 2 seasons.

IMO barca's actions on this and how they utterly destroyed a club over robbing braithwaite then not using him should make them persona non grata in the transfer market.

----------------------------------------------------------------------
Every heard of factoring companies? You sell the debt to them and they give you 90% straight up. We'll at least that's what happened in one of the companies I worked for that went bankrupt.

I know you lot are hard up right now but is 4.5m really going to make that much difference 😳

comment by gratedbean (U4885)
posted 8 minutes ago
I know you lot are hard up right now but is 4.5m really going to make that much difference 😳
----------------------------------------------------------------------
put it this way

furlough would not have saved that much

comment by (K̇ash) I'm the Mané - PL Champione (U1108)
posted 2 hours, 32 minutes ago
reckon Koeman is the type of manager who would like Coutinho in his team
----------------------------------------------------------------------
I think you might be right but its all politics there.

koeman has walked into a minefield.

there's guys above him with agendas on re-election and saving their own jobs. There's fans to consider, there's other senior players having their say too.

I simply don't know what will happen but surely it only takes one of the above to keep coutinho frozen out.

comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
comment by gratedbean (U4885)
posted 8 minutes ago
I know you lot are hard up right now but is 4.5m really going to make that much difference 😳
----------------------------------------------------------------------
put it this way

furlough would not have saved that much


----------------------------------------------------------------------

😘

Pressed the wrong one there. Ah well what’s done is done 😂

comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 9 minutes ago
comment by moreinjuredthanowen (U9641)
posted 2 hours, 48 minutes ago
comment by *Michael Edwards FC {Proud owner of the 5 000 000th comment} Super Premier European Champions of the World (U2720)
posted 12 minutes ago
comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
You guys need to realise what that means.

No bank is going to take on the full debt. We clearly felt barca were a bad debtor who were not going to pay so we've sold the risk and taken a discount on the fee. (who would take it on if not)

We will never see anything near the 140mil and this is one aspect of why we are broke. We spent the money then the player flopped at barca and so we ensured we would get some money back.
----------------------------------------------------------------------
Yeah but reports are we got up to 90%. Really can't confirm if that's true though.
----------------------------------------------------------------------
could you see anyone buying a bad debt for 90% of the face value?

Like if we did and got actual cash for it given the fee was grossly inflated then it'd be miraculous business.

Barca paid 50% or something up front maybe. they boasted about that so then i assume the next phases of the fee might have been sold off with a risk discount.

If we cleared 100mil out of it i reckon we did well. The issue is whether we spent all 140mil of it and have ended up making do as a result for 2 seasons.

IMO barca's actions on this and how they utterly destroyed a club over robbing braithwaite then not using him should make them persona non grata in the transfer market.

----------------------------------------------------------------------
Every heard of factoring companies? You sell the debt to them and they give you 90% straight up. We'll at least that's what happened in one of the companies I worked for that went bankrupt.
----------------------------------------------------------------------
they must be morons or well rich morons. if you can make a profit on 90% face value when debts are considered risky you must be doing well.

comment by moreinjuredthanowen (U9641)
posted 2 hours, 14 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 9 minutes ago
comment by moreinjuredthanowen (U9641)
posted 2 hours, 48 minutes ago
comment by *Michael Edwards FC {Proud owner of the 5 000 000th comment} Super Premier European Champions of the World (U2720)
posted 12 minutes ago
comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
You guys need to realise what that means.

No bank is going to take on the full debt. We clearly felt barca were a bad debtor who were not going to pay so we've sold the risk and taken a discount on the fee. (who would take it on if not)

We will never see anything near the 140mil and this is one aspect of why we are broke. We spent the money then the player flopped at barca and so we ensured we would get some money back.
----------------------------------------------------------------------
Yeah but reports are we got up to 90%. Really can't confirm if that's true though.
----------------------------------------------------------------------
could you see anyone buying a bad debt for 90% of the face value?

Like if we did and got actual cash for it given the fee was grossly inflated then it'd be miraculous business.

Barca paid 50% or something up front maybe. they boasted about that so then i assume the next phases of the fee might have been sold off with a risk discount.

If we cleared 100mil out of it i reckon we did well. The issue is whether we spent all 140mil of it and have ended up making do as a result for 2 seasons.

IMO barca's actions on this and how they utterly destroyed a club over robbing braithwaite then not using him should make them persona non grata in the transfer market.

----------------------------------------------------------------------
Every heard of factoring companies? You sell the debt to them and they give you 90% straight up. We'll at least that's what happened in one of the companies I worked for that went bankrupt.
----------------------------------------------------------------------
they must be morons or well rich morons. if you can make a profit on 90% face value when debts are considered risky you must be doing well.
----------------------------------------------------------------------
Happens in our company
All our newly generated sales invoices get "sold" to the bank and 90% of the value becomes instantly available for use

They don't call it factoring, they call it Invoice Discounting

And the remaining 10% also becomes available as and when certain criteria are met

comment by Keep It Greasy - Music is the BEST (U1396)
posted 1 hour, 7 minutes ago
comment by moreinjuredthanowen (U9641)
posted 2 hours, 14 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 9 minutes ago
comment by moreinjuredthanowen (U9641)
posted 2 hours, 48 minutes ago
comment by *Michael Edwards FC {Proud owner of the 5 000 000th comment} Super Premier European Champions of the World (U2720)
posted 12 minutes ago
comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
You guys need to realise what that means.

No bank is going to take on the full debt. We clearly felt barca were a bad debtor who were not going to pay so we've sold the risk and taken a discount on the fee. (who would take it on if not)

We will never see anything near the 140mil and this is one aspect of why we are broke. We spent the money then the player flopped at barca and so we ensured we would get some money back.
----------------------------------------------------------------------
Yeah but reports are we got up to 90%. Really can't confirm if that's true though.
----------------------------------------------------------------------
could you see anyone buying a bad debt for 90% of the face value?

Like if we did and got actual cash for it given the fee was grossly inflated then it'd be miraculous business.

Barca paid 50% or something up front maybe. they boasted about that so then i assume the next phases of the fee might have been sold off with a risk discount.

If we cleared 100mil out of it i reckon we did well. The issue is whether we spent all 140mil of it and have ended up making do as a result for 2 seasons.

IMO barca's actions on this and how they utterly destroyed a club over robbing braithwaite then not using him should make them persona non grata in the transfer market.

----------------------------------------------------------------------
Every heard of factoring companies? You sell the debt to them and they give you 90% straight up. We'll at least that's what happened in one of the companies I worked for that went bankrupt.
----------------------------------------------------------------------
they must be morons or well rich morons. if you can make a profit on 90% face value when debts are considered risky you must be doing well.
----------------------------------------------------------------------
Happens in our company
All our newly generated sales invoices get "sold" to the bank and 90% of the value becomes instantly available for use

They don't call it factoring, they call it Invoice Discounting

And the remaining 10% also becomes available as and when certain criteria are met
----------------------------------------------------------------------
yeah but that invoice is not a bad debt.

maybe we didn't consider barca a bad debtor and maybe someone did take a 10% slice of 70 odd million fee remaining or whoever so we could get ready cash.

who knows.

comment by moreinjuredthanowen (U9641)
posted 17 hours, 47 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 9 minutes ago
comment by moreinjuredthanowen (U9641)
posted 2 hours, 48 minutes ago
comment by *Michael Edwards FC {Proud owner of the 5 000 000th comment} Super Premier European Champions of the World (U2720)
posted 12 minutes ago
comment by moreinjuredthanowen (U9641)
posted 5 minutes ago
You guys need to realise what that means.

No bank is going to take on the full debt. We clearly felt barca were a bad debtor who were not going to pay so we've sold the risk and taken a discount on the fee. (who would take it on if not)

We will never see anything near the 140mil and this is one aspect of why we are broke. We spent the money then the player flopped at barca and so we ensured we would get some money back.
----------------------------------------------------------------------
Yeah but reports are we got up to 90%. Really can't confirm if that's true though.
----------------------------------------------------------------------
could you see anyone buying a bad debt for 90% of the face value?

Like if we did and got actual cash for it given the fee was grossly inflated then it'd be miraculous business.

Barca paid 50% or something up front maybe. they boasted about that so then i assume the next phases of the fee might have been sold off with a risk discount.

If we cleared 100mil out of it i reckon we did well. The issue is whether we spent all 140mil of it and have ended up making do as a result for 2 seasons.

IMO barca's actions on this and how they utterly destroyed a club over robbing braithwaite then not using him should make them persona non grata in the transfer market.

----------------------------------------------------------------------
Every heard of factoring companies? You sell the debt to them and they give you 90% straight up. We'll at least that's what happened in one of the companies I worked for that went bankrupt.
----------------------------------------------------------------------
they must be morons or well rich morons. if you can make a profit on 90% face value when debts are considered risky you must be doing well.
----------------------------------------------------------------------
They'd be covered by insurance I'm sure. They get a percentage of the invoice once cleared and in the event it doesn't clear, they go after the company, hence the bankruptcy

Easy money targeting companies with small margins who rely on quick cash flow in order to get in supplies for new orders.