Why Did Bournemouth Borrow £16m from an Australian Bank?

www.theathletic.co.uk/tifofoo... - for your 30-day free trial and 50% off your annual subscription.
Why did Bournemouth borrow £16m from an Australian bank?
Subscribe: bit.ly/TifoSubscribe | 🔔Make sure to enable all push notifications!🔔
Watch the most recent videos: • Most Recent Videos | T...
Two days after Bury were expelled from the Football League, Bournemouth registered that they had agreed to borrow around £16 million from an Australian bank called Macquarie, who have, in the past, been criticised over their ruthless pursuit of profits. The mere reference to loans, and the spectre of debt, is one that, unsurprisingly, alarms supporters.
Subscribe to the Tifo Football Podcast: bit.ly/TifoPodChannel
Follow Tifo Football:
Website: tifofootball.com
Twitter: / tifofootball_
Facebook: / tifofootball
Instagram: / tifofootball_
Listen to the Tifo Football podcast:
Acast: bit.ly/TifoAcastPod
Apple Podcasts: bit.ly/TifoFootPod
Spotify: / tifo-football-podcast
Subscribe to the Tifo Football Podcast: bit.ly/TifoPodChannel
Subscribe to Tifo Basketball at bit.ly/TifoBasketball
Watch more Tifo Football:
Tactics Explained: • Tactics Explained | Ti...
Finances & Laws: • Finances & Laws | Tifo...
Tifo Football Podcast: • Tifo Football Podcast
Most Recent Videos: • Most Recent Videos | T...
Popular Videos: • Popular Videos | Tifo ...
Produced by Tifo Studios: Taking an illustrated look into the beautiful game.
Music sourced from epidemicsound.com
About Tifo Football:
Informative, illustrated football analysis. Home of WhiteboardFootball®.
Tifo loves football. We know there’s an appetite for thoughtful, intelligent content, for stuff that makes the complicated simple.
Our illustrated and live action TH-cam videos address all aspects of the game, including tactics, history, and the business of football.
We provide analysis on the Premier League, Champions League, La Liga, Serie A, Bundesliga, World Cup and more.
Our podcasts interview some of the game’s leading figures. And our editorial covers football with depth and insight.
Tifo Football used to be uMAXit Football - we changed our name in November 2017 to better articulate who we are and what matters to us: making football accessible to its fans through story-telling and the expertise and insight of our team of writers and producers.
Tifo was nominated by the Football Supporters’ Federation for the ‘Best Online Media’ Award in 2017 and 2018.
We also make bespoke videos.
#bournemouth #tyronemings #premierleague

[@ChaingunCassidy]

I was listening to this and I was like "I've never heard of McWary" Then I realised he meant Macquarie.

[@Hamsterzilla1349]

"Although it is more popular in Spain and Italy, and less so in France and Germany."

[@MattOlsen294]

Macquarie was not pronounced correctly, can’t blame you though - need the accent.

[@sergeantawesome8959]

This comment was originally featured on the Athletic, the best place to read about football online.

[@U_C_G]

Tifo football in 5 years (probably):

[@Roscododger]

5:11

[@albusdumbledore5875]

It's not prounouced mac-querie but mac-quarry

[@scinematography6196]

Mike Ashley just did this at Newcastle except the money is being used to buy shops .... then Mike gets his money back via TV deal money.

[@unstoppableExodia]

The things I learn watching these tifo videos. More than just tactics videos they paint a very detailed picture of a lot of the behind the scenes stuff from football.

[@aaronadeniran6025]

Should have been a Tifo finances

[@Zul-tz1pp]

Arsenal is getting laughed at because this summer they are rumored to have only £45m budget in transfer, but in reality we know they sign almost worth of £150m, so alot of people including journalist first time reporting that Arsenal paid this fee in 'installments' as an excuse of why Arsenal can pay such money.

[@AlexGrtner]

People were making fun of Arsenal for signing players on instalment deals this summer but as this video perfectly demonstrates... That's how seemingly all transfer deals are done these days. I mean I'd find it hard to imagine there's a club out there who can feasibly just dish out £100m in full at any given time.

[@KGBgringo]

The "L" from "Leicester" is missing @

[@markravindranayagam1736]

Could you please make a video on the new rb Salzburg team under Jesse marsch or a player profile on erling haaland braut.

[@lucasmoreno5330]

'Factoring' is common practice in business where clients take 60-90 days to pay invoices.

[@ChasingLions_]

So much happens behind the scenes to keep a football team going 👀

[@dadedraak]

These videos are on another level! Love em!

[@LawAndBedlum]

I think the animations on this channel are underrated. Top notch content 👌🏿

[@hutch022]

Loving the content on this channel, quality

[@Banzybanz]

What happens though if the buying club defaults on their installment? Will the lender collect it from the borrower (selling club) or from the buying club?