This year's interest added to the debt so he didn't collect actual cash...
However, I've no doubt his original intentions were exactly as you say - it just looks like things have gone a bit awry on the Ebitda front and he's now having to finance 'real' losses not just interest-payment induced ones.
I also agree entirely on the property thing, total scam.
Posted By: Greeny on April 5th 2013 at 12:07:22
Message Thread
- The scum's accounts show they sold their training ground to Marcus Evans (Other Football) - Duck, Apr 5, 11:16:36
- He appears to me to be absolutely rinsing them (Other Football) - Jim, Apr 5, 11:44:05
- This year's interest added to the debt so he didn't collect actual cash... (Other Football) - Greeny, Apr 5, 12:07:22
- They've got a Perspex block... (Other Football) - yellowman, Apr 5, 11:31:55
- He appears to me to be absolutely rinsing them (Other Football) - Jim, Apr 5, 11:44:05
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