in which case why can't the owners guarantee the bond
with their own personal finances? Make it a secure investment, rather than an insecure one.
If they continue to mismanage the finances of the club in the next five years, then they can take the hit for it personally. Surely that would be the altruistic, community based thing to do; particularly given that they are not prepared to relinquish their control of the club.
Posted By: Mecagoenti on March 9th 2018 at 14:06:12
Message Thread
- Number crunching (part 2) (NCFC) - Clairvoyant Creosote, Mar 9, 11:43:50
- Does £700k need to be ring-fenced for repayment? (NCFC) - JD3, Mar 9, 12:53:45
- in which case why can't the owners guarantee the bond (NCFC) - Mecagoenti, Mar 9, 14:06:12
- They said they'd be setting the moneys aside (NCFC) - Clairvoyant Creosote, Mar 9, 12:55:28
- .... (NCFC) - Trent_Canary, Mar 9, 11:50:30
- Does £700k need to be ring-fenced for repayment? (NCFC) - JD3, Mar 9, 12:53:45
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