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Dingle-Dingle

31-03-2023, 18:15
Finance expert reveals early look at West Brom accounts as update on £5m Guochuan Lai loan emerges

West Brom have confirmed in their latest accounts that the loan repayment due from Guochuan Lai is not expected to be received at all.

Kieran Maguire relayed the information on Thursday 30 March, with the value of the £5,059,000 loan now sitting at “nil” alongside the Wisdom Smart Corporation loan.

DD#No1 Sick  Sick

Salopbaggie

31-03-2023, 18:57
(31-03-2023, 18:15)Dingle-Dingle Wrote: [ -> ]Finance expert reveals early look at West Brom accounts as update on £5m Guochuan Lai loan emerges

West Brom have confirmed in their latest accounts that the loan repayment due from Guochuan Lai is not expected to be received at all.

Kieran Maguire relayed the information on Thursday 30 March, with the value of the £5,059,000 loan now sitting at “nil” alongside the Wisdom Smart Corporation loan.

DD#No1 Sick  Sick

Is that not because the loan has been transferred with WBA holdings as the guarantor?
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