- Feb 27, 2008
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- 20,674
We've just had it confirmed to us that Levy has in place our regular "deadline day" overdraft facility.
We do this every window so having it in place today doesn't necessarily mean it'll get used. However, this is something that we pay a considerable amount to have available to us for the last day of the window so that we are extremely flexible and can make cash signings until the final moments without the need to move funds around. Levy believes this makes us far more competitive against the bigger clubs when it comes to spending power for today.
We do this every window so having it in place today doesn't necessarily mean it'll get used. However, this is something that we pay a considerable amount to have available to us for the last day of the window so that we are extremely flexible and can make cash signings until the final moments without the need to move funds around. Levy believes this makes us far more competitive against the bigger clubs when it comes to spending power for today.