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GranthamPie
05-05-2019, 02:10 PM
It’s all starting to make sense now.

12564
pielover
05-05-2019, 02:15 PM
It’s all starting to make sense now.

12564

Is it? Please explain because at last count I think we're over £8m in debt.

How does this half mill help?
i961pie
05-05-2019, 02:18 PM
Is it? Please explain because at last count I think we're over £8m in debt.

How does this half mill help?

Should we refuse it then cos it isn't enough
countygump
05-05-2019, 02:22 PM
Should we refuse it then cos it isn't enough


£500,000 parachute in your 1st year, £250,000 in your 2nd year and nowt from that point on.
pielover
05-05-2019, 02:26 PM
Should we refuse it then cos it isn't enough

Eh? I was asking OP what made sense, what you on about?
GranthamPie
05-05-2019, 02:29 PM
Is it? Please explain because at last count I think we're over £8m in debt.

How does this half mill help?

Because we have a £200,000 HMRC bill to pay next month... and they will be paid... others may not.
pielover
05-05-2019, 02:33 PM
Because we have a £200,000 HMRC bill to pay next month... and they will be paid... others may not.

Oh! WOW were in some trouble if there's no new owners with money (which looks v unlikely).
SmiffyPie
05-05-2019, 02:33 PM
Not sure how and when the £5000,000 would be made available but you would think it would not be accessible for someone to trouser?
i961pie
05-05-2019, 02:35 PM
Eh? I was asking OP what made sense, what you on about?

You seemed to imply £500,000 was nothing because we are 8million in debt.
bridpie78
05-05-2019, 03:18 PM
i think people are misunderstanding this parachute payment,
it isn't something extra we get because we went down,it is in lieu of the solidarity payment we would have received from the premier league for competing in league two next season the only thing it does for us is give us one extra year of league 2 money and a further year at 50% of the league 2 payment if we dont come straight back up, after that we are on our own
it isnt a relegation bonus someone can pocket
jonnyt1
05-05-2019, 03:26 PM
We are not 8m in debt. It’s less than 1.5m.

Alan Hardy via another Company owes Paragon £7m not Notts County.
navypie
05-05-2019, 03:38 PM
It’s all starting to make sense now.

12564

Obscene innit! I would much rather support a club in the National League than support a club who can afford to do that. Talk about losing touch with the man in the street.
durhampie
05-05-2019, 04:36 PM
We are not 8m in debt. It’s less than 1.5m.

Alan Hardy via another Company owes Paragon £7m not Notts County.

Correct...
pielover
05-05-2019, 04:51 PM
We are not 8m in debt. It’s less than 1.5m.

Alan Hardy via another Company owes Paragon £7m not Notts County.

Really? I asked this somewhere else and got no answer.

Well that's slightly cheered one of the most miserable weekends of my life, ta.