Redjazz's latest activity

MU plc has to pay the Raine fee of 31M (plus expenses). No Idea when that's payable though I presume it's on completion of the transaction. The total fees around the transaction will be a lot higher. The third quarter accounts will show up a fair...

Paying down the RCF is more about easing cash flow pressure than looking to the long term. Typically each of the RCFs have to paid down each year regardless. At that point borrowing can again resume. The club has been doing that for a while...

That's so. Any amounts relating to the RCF is principal only. Interest payable is added to other interest to get to an overall interest charge. The RCF is generally used to meet liquidity needs in the short term where there are timing differences...