[theo_luddite]

On your first question, yup if you look at Blackpool FC's accounts. If you look at Segesta's accounts their business is running Blackpool FC (mainly), the Blackpool FC Hotel and a couple of other small businesses. Some small loans have been made to these small businesses but they are peanuts, though the auditors did flag up a lack of traceability with regards to getting the loans to these small businesses back. So all in all it's keeping the money in the business. The fact that the loan from Blackpool FC is apparently so high and is interest free is a hare across the field. If you take money from your savings account and put it in your deposit account so a cheque you wrote won't bounce, you don't charge yourself interest when you get around to putting it back.

So I disagree it's not the same. Minor similarities in that Segesta is the parent body looking after the family silver maybe, but in the grand scheme of things no because Huddersfield Sporting Pride are not a subsidiary of Town or vice versa (and I may be wrong but I don't think they were). Admittedly they are part of KDSL.

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Dug around a bit - might be a bit more similar than I first thought.

[ARTERRIER]

I genuinely do not understand why a football club would leave 37 million notes gathering dust in the bank, what are the club hoping to achieve by this. If its a case of 'hey look at us we've got 37 million quid in the bank but we're sliding down the leagues and i aren't going to spend a penny of it to halt the slide' then that's ridiculous!! If the money was ear marked for ground improvements, then fair enough but from what I can tell, it isn't just, so what are they upto?

[theo_luddite]

There's probably only two people in the world (or Blackpool) that can answer that question ART, and up to now they apparently haven't really made a good job of doing that. Most of the other questions Wakey asked are probably a consequence of that failure to communicate their short-medium-long term plans properly to the supporters and to some extent the clubs employees. Frustration all around as a result.

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Meanwhile in the madhouse up the road the circus will no doubt continue for its summer season.

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and there's more