It's a loan against a guaranteed amount of income in the short term. If it's a decent interest rate it's a no brainer from a commercial perspective. Every major business operates cash wise in an overdraft facility so if you can borrow at a decent rate against future income you're foolish not to from a cash flow perspective.

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Or, it shows that we aren't cash rich but need cash for spending in the January window.

I had never heard of this before but looking into it, it seems to be a practice used by many clubs and should be at a very reasonable interest rate. Certainly nothing to be worried about.

It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark... and we're wearing sunglasses.

I doubt if any big money transfer are paid in full straight away. A number of our purchases have been made in instalments, its the way football seems to work.
For your information Man Utd are £203m in debt, but they have the largest revenue income, its all just buying on the never never basis

IF the Evening Standard have it right, Roy won't see a red cent:

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Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

Why do people think this is for January spending? It surely isn’t. It doesn’t make business sense. If it was for January spending then just make this deal in Dec/Jan and start the clock on interest then.

Only reason for doing it now is immediate liquidity issues.