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Newcastle Player Loans

 

During the January 2015 transfer window, the Club loaned five players from Newcastle United. As part of those contracts, should the Club gain promotion in season 2014/15, either directly or via the play-off method, the Club will be liable to pay a total of £500,000 to Newcastle United Football Company Limited.

 

As this liability is based on an uncertain future event, the Directors have not recognised this amount in these financial statements.

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Another terrible contract in Ashley favour if we do get promoted pipped at the post by the two stooges who continue to rake in their salaries regardless. Perhaps grant at stv would care to comment on that or is Ally an old ally....

Edited by pmu
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During the January 2015 transfer window, the Club loaned five players from Newcastle United. As part of those contracts, should the Club gain promotion in season 2014/15, either directly or via the play-off method, the Club will be liable to pay a total of £500,000 to Newcastle United Football Company Limited.

And some people prefer Llambias and Leach to the new board. :wtf2: :wtf2: :wtf2:

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Crooks! That's all you can say to the arrangement of the Newcastle deal. Just added interest to Ashley's loan. It was a footballing decision not even made by a footballing member of RFC.

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