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Old 18th April 2008, 12:27 PM
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Re: Oliver Kay absolutely nails it...

Quote:
Originally Posted by RedinSweden View Post
Does it say that though? They might have bought Babel and Torres with that money, but it isn't specifically them that would be affected, it is the club as a whole as far as I can tell. Not much better, I agree, but i thought everyone knew they had borrowed money to buy the players. I may have totally misunderstood the entire article though as I am a mong when it comes to finance issues.
I don't know for sure, but when he specifically mentions Babel as being included in the refinancing package it makes it sound as though individual players, i.e Babel and Torres, have been charged to the bank as security for providing the loan. And he says it is an unusual way of buying players.
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