Cammy F's Weekly Rants

[craig 5,199]

But to match the JJB deal they only have to pay the �£3M a year for a contract that was previously worth �£5M. Perhaps we could get �£4M and be �£1M better off per year.

 

I doubt that anyone will come forward with that money. It wasnt 5 mill a year either was it ? Unless you are counting the up-front payment too. Over the 10 years it was set at 4.8 mill a year, right ? 18 mill up front and then 3 mill per year for 10 years. Is that right ?

 

It is all a guessing game right now as there isn't evidence either way to suggest that we would get a better, or worse, deal.

[Frankie 8,552]

The ref must have agreed with you! :devil:

 

Boooooo!

[Bluedell 5,614]

I doubt anyone in the current climate would guarantee us an annual income.

[calscot 0]

Ok, but the point is we only need to hit 3M a year to earn the 4.8M due to the money up front. We're guaranteed a minimum of 1.8M even if we sell nothing...

[craig 5,199]

Ok, but the point is we only need to hit 3M a year to earn the 4.8M due to the money up front. We're guaranteed a minimum of 1.8M even if we sell nothing...

 

We have already blown that 1.8M *10 years of cash though as that was the up front payment amount.