24-12-2022, 08:42
(This post was last modified: 24-12-2022, 10:59 by Blue Baggie.)
Gossip says the new loan will be for £35 million.
With Lai's loans of £12 million, transfer debts puts us north of £50 million in debt.
It is not possible for us to pay that off while we are in the championship.
Most championship clubs run at losses but are supported by owners deep pockets.
Taking out such a large loan with current interest rates makes great business sense. Just shows our owner don't care a jot and why should he. It's not as though he will pay it back.
With our Thief administration will come very quickly.
Where is RG with his everything will be transparent speech.
12 months left and we will be ground sharing with Walsall.
With Lai's loans of £12 million, transfer debts puts us north of £50 million in debt.
It is not possible for us to pay that off while we are in the championship.
Most championship clubs run at losses but are supported by owners deep pockets.
Taking out such a large loan with current interest rates makes great business sense. Just shows our owner don't care a jot and why should he. It's not as though he will pay it back.
With our Thief administration will come very quickly.
Where is RG with his everything will be transparent speech.
12 months left and we will be ground sharing with Walsall.
2020 the year the bubble burst 