General Wolves News

[The Saturday Boy]

I had no idea about that until today, it's that effectively Fosun Sports Group?

No idea but I would hazard a guess that the charge relates to providing working capital up front as our revenue from match day, tv, prize money, transfer fees incoming etc will be factored intended to day spending but not in the bank until later.

Ultimately, any loan is either repaid or secured by the charge.

 

[AndyWolves]

No idea but I would hazard a guess that the charge relates to providing working capital up front as our revenue from match day, tv, prize money, transfer fees incoming etc will be factored intended to day spending but not in the bank until later.

Ultimately, any loan is either repaid or secured by the charge.

I would agree, we haven't had a charge of this nature for a long while, and as this charge is from a Fosun company I wonder

a) are Fosun going to start giving inter-company loans (with interest) to wolves

and

b) if we default, do we just transfer ownership to enormous victory, who already owns us.

I must be missing something here

 

[The Saturday Boy]

I would agree, we haven't had a charge of this nature for a long while, and as this charge is from a Fosun company I wonder

a) are Fosun going to start giving inter-company loans (with interest) to wolves

and

b) if we default, do we just transfer ownership to enormous victory, who already owns us.

I must be missing something here

The charge isn’t with Enourmous Victory, it is with Alter Domus, much like the ones we had with Macquarie before. I think it is just finance and probably nothing more.

 

[jlo]

Do you still need a supporter number? You can use mine.

Cheers T-Dan, that'd be great thanks! Can you PM me?

 

[AndyWolves]

The charge isn’t with Enourmous Victory, it is with Alter Domus, much like the ones we had with Macquarie before. I think it is just finance and probably nothing more.

Yes, that makes sense, I'd made it more complicated in my head that it is.

The charge clearly shows Enormous Victory as the chargor.

 

[jlo]

I don't know why I'm doing this to myself but might anyone be able to let me use two supporter numbers please?

Asking again quickly if anyone had a single membership number (not supporter number, my mistake!) they'd be happy to lend me for this game please It's sort of on the doorstep so keen, but I'm not buying a membership just for the game

 

[YoungWolf]

Ignore my message I just messaged and hadn’t read properly!

 

[Stan Hullis]

I've got my ST number available as well if you need it, so feel free to message