Midfield_Dynamo

"Tamworth announced today that they have deposited a total of £301m into a reserve investment fund.

They believe the current financial position allows the club to make investments such as this and hope this will benefit the club in the long term."

Right, I understand the concept, but when will I see a return from this? Also, 2 seasaons or so ago, they did a similar thing and put £101m into a reserve fund, so I've got £402m in them, but how will this actually affect our finances?

dafuge

I'm guessing you've been playing for a long time, how much money do you have?

Midfield_Dynamo

Before they took the money out, just over £1bn. Maybe it's SI making sure that you can never get to the £2bn figure which makes you go bankrupt?

isuckatfm

I might be wrong but I think one of the reasons this was placed in was to stop the 2 billion from positive to negative bank balance bug.

Whether or not you'll get the money back if your financial situation goes south I don't know. But based on how much they 'invested' I doubt that's an issue as your balance must be massive.

dafuge

Certainly sounds like that. I didn't realise this had been included, nice one :thup:

isuckatfm

@ Midfield_Dynamo

You probably read my post and thought 'that's what I just said' . Your post wasn't up between the time I started typing and hit the 'post' button.

Klimowicz

yeah, what year are you in?

i personally cba build up a bank balance, i just have to sign players, it's part of the fun. although not for more than £25M usually.

VonBlade

Can't imagine they ever do anything with it. After 22 years the Spurs board have deposited over a billion into a "bug-defeating fund", yet they wont buy a new stadium.

Meh.

Midfield_Dynamo

Thanks for all the replies, makes me feel all the better that for all my saving and great financial management that it's all being thrown away anyway. Does anyone know why the bug can't just be fixed anyway?

dafuge

It's not a bug, it is there by design. Something to do with limits on values. I'm sure someone clever here could explain it as the thread I had about it has gone now.