Once the 30% share has been obtained, I think they do

As part of the rules under which Cullum has to buy out the whole shooting box. Also, I am intrigued by the ?16m bank loan which would have to be "repaid". Would re-negotiated with the lender may be more accurate? I assume the buyer would simply be able to transfer that to the holding company used to buy out the club rather than stump up in cash, but they would gain a liability for that sum.

Posted By: Iwan Husarmi on June 30th 2008 at 19:57:14


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