
Episode 666 - Lefties
Arseblog Arsecast, The Arsenal Podcast
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Arsenal Borrowing Money, Which Arsenal Are Legally Due to Repay
Cas are paying interest on a loan of 200 million pounds to Arsenal. The club have given two years notice that they will repay the money. This is standard and normal procedure, but i'm the first to raise a red flag. I mean, what they're doing is facilitating the financial well being of the club within the kind of am the way it operates normally. It's not a gift. They're not benefactors. Cas paid about 50 million pounds in mixture of fees and swap notes to break those loans. That 50 million pounds has all been added either to arsenal's debt orwas taken out of arsenal's cash floe. But i would, you know, i would say that
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