Debt repayment.
From someone who works in banking in Norwich although they are not connected to our current lenders.
City have to 30 April to refinance or find investment as part of our debt is being called in, hence priming about the sale of our ground.
I know we have a large amount of that debt long term secured but if they are calling in any of the balance then the ground is the only logical option.
The original deadline was 31 Dec hence the recent press release. AGM and accounts being delayed as well? Hope im wrong...
Posted By: gordon ottershaw on January 9th 2010 at 12:18:33
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- Debt repayment. (NCFC) - gordon ottershaw, Jan 9, 12:18:33
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