Stoyr I've heard is that he assumed responsibility for the debts...

... but didn't actually pay them off and effectively become the creditor himself (a la Abramovich).

He then did the pence in the pound deal with Aviva and others which has cut the overall debt right down.

Only have this as hearsay but it was from a good source.

Posted By: Greeny on February 12th 2013 at 15:45:37

Message Thread

Beach radio just reporting rumours that scum up for sale for ten million (NCFC) - eddie, Feb 12, 14:07:07
- lets buy them for a laugh (NCFC) - ghostof barry butler, Feb 12, 15:26:38
- Even if they were, (NCFC) - LowestoftBoy, Feb 12, 14:12:45
  - hopefully they'll go bust - I really wouldn't miss them (n/m) (NCFC) - Mozzer, Feb 12, 14:32:30
  - 60 M + of debt, unless Evans writes it off, have their accounts been released this year? (n/m) (NCFC) - BSE Canary, Feb 12, 14:17:44
    - Well connected binner s/t holder tells me Evans has already chopped the debt... (NCFC) - Greeny, Feb 12, 14:53:56
      - They owed him about 45 of 68 million,that still leaves a hefty chunk of external (NCFC) - protheroe fitzgibbon, Feb 12, 15:15:06
        
        Stoyr I've heard is that he assumed responsibility for the debts... (NCFC) - Greeny, Feb 12, 15:45:37
        
        Strange the accounts haven't been released (n/m) (NCFC) - BSE Canary, Feb 12, 15:47:02
        
        *story* (n/m) (NCFC) - Greeny, Feb 12, 15:46:02
    - figures were unavailable and with the auditors at Dec AGM (NCFC) - cityangel, Feb 12, 14:53:30

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