- Feb 1, 2005
- 19,120
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- Staff
- #481
aren't these payment/ financial, LOC sometimes just a proof of funds and not necessarily meaning an imminent transfer?
Yep. Although if a club needs to prove they can provide funds, I suppose (note: suppose. I do NOT know) a fee would have to at least be nominally agreed with both clubs.
Daniel Levy doesn't strike me as a "Loadsamoney" type character to flash his wad about the place without good reason. Quite the opposite, in fact. Hence, if he's showing off his fat wedge to impress another Chairman, he's probably already made the decision to spray it out over the table and seal the deal.
I can't help but think there might be a better way to phrase that.