03-11-2018, 21:42
What screams out from those figures (apart from them taking the pish out of FFP) is that current assets (cash, debtors, inventory etc) have stood still at £20m. So if all short-term creditors demanded payment tomorrow (£36m) then they wouldn’t have enough short-term assets to cover it.
I know some the debt has been swapped for shares, but that cant continue forever. They are in some state but they don't give a toss, they will happily go bust again to try and stop celtic. Idiots.
I know some the debt has been swapped for shares, but that cant continue forever. They are in some state but they don't give a toss, they will happily go bust again to try and stop celtic. Idiots.