Quote:
Originally Posted by Redraine
Well if that is all you have it points to either,
1) The club have an arrangement to pay off only part of the tax bill (unlikely) or,
2) They are going to take us into administration.
OR DO YOU KNOW WHERE THE MISSING K200+ IS COMING FROM - SOORY TO SHOUT.
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no i dont know Mick. My original post was a little tongue in cheek BUT I can only deduce from the apparent lack of action all through this campaign that someone was always going to borrow what was needed after they had stuck in what they can. And that was always the plan no matter how much or how little was raised by shaking buckets.
June 5th we were told at the Stanhill meeting that David had approached a specialist football lending company based in Birmingham and was going to borrow against future earnings with the annual Football League payments as collateral. This was believed to form the cornerstone of his bid to buy Eric out.
Now it would appear to be our way out of the tax mess.
I could be entirely wrong.