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Are we still £45m in debt?
08-22-2011, 11:02 AM
Post: #1
Are we still £45m in debt?
Do we still owe the £45m?

We've paid the loan/transfer fees and Bellefield money (£12m+ in total from all) back to the bank... do we owe £33m or £45m?
F_doh

All our funds are going down a black hole...Shuriken

Don't think there is an ounce of business acumen on the board.

I wouldn't be surprised if BK doesn't know the difference between an investor and selling the club
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08-22-2011, 11:27 AM
Post: #2
RE: Are we still £45m in debt?
(08-22-2011 11:02 AM)Ryan Wrote:  Do we still owe the £45m?

We've paid the loan/transfer fees and Bellefield money (£12m+ in total from all) back to the bank... do we owe £33m or £45m?
F_doh

All our funds are going down a black hole...Shuriken

Don't think there is an ounce of business acumen on the board.

I wouldn't be surprised if BK doesn't know the difference between an investor and selling the club

Bellefield had multiple mortgages secured on it - so the money covered them.

I expect the debt to have raised again on the next accounts.

NSNO - No Sale, No Optimism
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08-22-2011, 11:43 AM
Post: #3
RE: Are we still £45m in debt?
Watch this feature 'the club no-one wants"

http://www.skysports.com/video/inline/0,...14,00.html

Very interesting...

I think we will be sold if the ground issue is sorted
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