The Daily ITK Discussion Thread - 14th August 2012

[CJMurray]

So, who could it be?

Llorente?
Falcao?
Moutinho?
Hulk?
Moutinho & Hulk?!

Leandro would be most likely.

 

[VincenzoCoccotti]

Hopefully Grey Fox will get permission from source, sounds exciting

 

[Mr Pink]

Yeah Leandro is probably the best we could realistically hope for anyway, so.....just maybe, you never know.

 

[Stoof]

£4m was talked about in press, surely we have that in cash reserves / available funds, if loc is for a player more likely record signing IMHO

For cashflow reasons, I would suspect all of our transfers are done this way.

The same way that I put my lunch on my credit card. It doesn't cost me anything extra to pay it off in two weeks time, when I know I have the cash.

 

[tttcowan]

Come on Grey Fox! Pleeeeeeeassse!

 

[Kendall]

I bet it ends up being a shitload of metal and/or other commodity from overseas for the stadium construction.

 

[RJ1882]

General doMestic business to business trade usually comes with 30/60/90 day terms.

These letters of credit are usually used in import and export.

So for foreign goods which a player would be categorized as?
If its player I guess Damiao or Moutinho. the obvious targets logically.

 

[WestBelfast Spurs]

did we make a big bid???

 

[Clamour_Kid]

Yeah Leandro is probably the best we could realistically hope for anyway, so.....just maybe, you never know.

It's a shame if Leandro was all we could hope for when there were signs that an 'investment' was/has taken place and therefore, we are able to compete a bit more. We've also got rid of around £200k per week in terms of dead wages (Nelsen, Saha, Pienaar, Niko, Charlie).

 

[AUSpur]

For cashflow reasons, I would suspect all of our transfers are done this way.

The same way that I put my lunch on my credit card. It doesn't cost me anything extra to pay it off in two weeks time, when I know I have the cash.

Could also have to do with different currencies.

 

[pal90]

For cashflow reasons, I would suspect all of our transfers are done this way.

The same way that I put my lunch on my credit card. It doesn't cost me anything extra to pay it off in two weeks time, when I know I have the cash.

International transfers for sure. Particularly outside Europe when the banks don't work together quite as well as they should. Domestically I would be less certain. Under FA rules footballing creditors are preferred so unless a club is about to do a Pompey there would be less financial need to go to the expense of a LoC rather than a simple agreement to pay in 30 days time (or whatever).

 

[Grey Fox]

went on lunch at page 7 came back to 20 what happened

Shouldn't have such long fucking lunch breaks then

 

[Clamour_Kid]

We don't even know if the LOC is for a player!!!! Yet people already assuming its for a big bid.

You're right. It's for 2 extra Jumbotrons.

 

[Vwbottom]

Who sang that then?

Some goth\emo band...probably ;]

 

[ryantegan]

I missed grey fox bit and cant find it

 

[Hoopspur]

So DL and his pockets full of Euros and Dollars were just sweeteners? Kind of like an Olympic, World Cup Bid?

Splendid......

 

[Clamour_Kid]

But one question I have on LOCs - Are they only used when terms have been agreed and you are committing to the deal? Or are they used to simply test the water with a bid?

 

[GetSpurredOn]

Either that or we are importing a brand new shiny stadium

Being shipped over by Ikea....

 

[mpickard2087]

Shouldn't have such long fucking lunch breaks then

Havent you got some stuff to post for us?

 

[Singaspursofsixspence]

I missed grey fox bit and cant find it

When was the Grey Fox info posted?