07 Oct 2019 16:23:25
“Barcelona have released annual accounts which show how much the club owes others within football, and it’s Liverpool which stands out.

From the original Coutinho fee, it’s stated €94m is still to be paid. “

Hi Ed’s I know you always are against talking financials as people don’t fully get it, but is this correct about how much is outstanding for Coutinho?

{Ed002's Note - That would have been the case when in the period the accounts relate to but is not the case any longer.}


1.) 07 Oct 2019
07 Oct 2019 21:12:56
I just read the report it seems to relate to money owed to a third party lender rather than Liverpool, if I didn't understand finances before I certainly don't now after reading the mirrors take on it.

{Ed002's Note - I have explained the situation ad nausea.}


2.) 08 Oct 2019
08 Oct 2019 08:10:22
Thanks Ed makes sense! Didn’t think of it as a financial statement even though it is a financial statement!


3.) 08 Oct 2019
08 Oct 2019 08:58:45
I’d love to know whether the hacks to write these stories write them knowing they are nonsensical but sell papers or are they really that stupid?