Basically the interest/cost of capital.What are administrative fees?
We are not willing to pay the 45m up front from our own cash.
In order to do that though, the cost of capital is 3m EUR.l compared to payment terms we would want.
Crudely Day 1 Sporting get 45m from leasing company, we take out a lease agreement total repayments of 48m payable over a couple of years.
Based on what is being said we agreed to doing the above verbally, now are are saying no, we will just pay you the 45m over a couple of years, reneging on the deal.