Thread: Bits & Bobs
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Old 03-07-2020, 08:19   #682
Lost in Cornwall
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Re: Bits & Bobs

The same bloke seems to have owned both companies but passed control of the new one over to somebody else pretty much immediately after the deal had gone through. This apparently triggered repayments on what had been an interest free loan of £37000 a week. Also the sale price was £17.5m plus a repayment of money put into the club of £24m. Who would effectively throw that sort of money away after a week? There is some very murky financial stuff going on here.
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