Fill the gap?

If the "bond" raises £2m there is no gap, since that is the amount that they have committed to spend on Colney. The "gap" is £2m or zero. And bear in mind that they made that commitment at the same time as they were saying that there was no need to borrow money.
As to whether the club will go bust... Well as recently as late 2009 the club, under the same control as now, was on the brink of administration. So the risk is not negligible.

Posted By: The Mascara Creosote on March 9th 2018 at 16:05:24

Message Thread

Thoughts on the Basildon Bond - Apologies longer than a Bigfeller Post! (NCFC) - biffbro, Mar 9, 15:42:36
- Why's it called a Basildon Bond? (n/m) (NCFC) - essexcanaryOTBC, Mar 9, 21:29:49
- Club credit can not be offset against your season ticket. (NCFC) - The Gaffer, Mar 9, 16:39:59
  - SO basically it's for matchday pies (NCFC) - Old Man, Mar 9, 16:42:03
- Why won't the club secure it? (n/m) (NCFC) - Larry Hagman, Mar 9, 16:35:33
- Tifosy "launched the first ever football mini-bond — retail bonds that cannot be resold" (NCFC) - Ralf Scrampton, Mar 9, 16:09:16
- think you make a lot of good points except (NCFC) - pab, Mar 9, 16:06:44
  - Ok lets say there is a 40% chance of promotion (NCFC) - usacanary, Mar 9, 16:14:13
    - and a 40% chance of relegation (NCFC) - Mecagoenti, Mar 9, 16:43:10
- Dont you come on here with all your truthful facts.... (NCFC) - usacanary, Mar 9, 16:06:23
- Fill the gap? (NCFC) - The Mascara Creosote, Mar 9, 16:05:24
  - If I remember correctly (NCFC) - biffbro, Mar 9, 16:24:35
    - "to say the same administration is incorrect" (NCFC) - Clairvoyant Creosote, Mar 9, 17:19:06
    - and to fill the ITV Digital shortfall (NCFC) - Henclrikus, Mar 9, 16:54:14
  - Its clear by recent statements the board learned from (NCFC) - usacanary, Mar 9, 16:11:06
    - Is it clear, or is this just flavour of the month? (NCFC) - Mecagoenti, Mar 9, 16:41:50
      - What if the world ends.... (NCFC) - usacanary, Mar 9, 16:52:03
        
        it's nothing to do with hating the board (NCFC) - Mecagoenti, Mar 9, 17:02:42
        
        LOL so if they stumped up the loans... (NCFC) - usacanary, Mar 9, 17:07:03
        
        I wouldn't complain at all if they loaned the money (NCFC) - Mecagoenti, Mar 9, 17:28:12
        
        So you want free tickets and the owners to pay for everything (NCFC) - usacanary, Mar 9, 18:01:45
        
        No I don't want that (NCFC) - Mecagoenti, Mar 9, 19:01:33
  - So are you for or against the Jenny Bond? It's not clear. (n/m) (NCFC) - Dunney, Mar 9, 16:10:08
    - Hmmm (NCFC) - The Mascara Creosote, Mar 9, 16:11:04
      - I think you are coming round to it. (NCFC) - Dunney, Mar 9, 16:17:29
        
        To be totally honest (NCFC) - The Mascara Creosote, Mar 9, 16:19:14

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