I’ve read we took a loan out secured against the funds from the O’Shea sale. £1m will be made from the sale but £360k goes as interest to the lender.
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I’ve read we took a loan out secured against the funds from the O’Shea sale. £1m will be made from the sale but £360k goes as interest to the lender.
Express and Star are reporting the O’Shea fee is actually £15m up front with a further £5m in add ons.
A maximum kick back for us of £2.6m but £1.6m initially.
Apparently we’ve also bid £500k for Keane from Preston.
Here’s the Dara info……
https://www.expressandstar.com/sport...y-for-ipswich/