No because it was a bad debt which they would never get paid off

They simply cut their losses and sold the debt to someone else who bought the club and the debt.
Because we are not broke nor are cheating scum c**ts Axa do not want to lose a good debt with a known creditor - its like a mortgage. Do you think that your lender will transfer your mortgage to the purchaser of your house simply because you are selling it to him?

Posted By: biffbro on July 12th 2008 at 08:56:47

Message Thread

How did the board (NCFC) - dublinspants, Jul 12, 07:40:57
- I'm not surprised (NCFC) - commonsense, Jul 12, 08:46:31
  - Was the long-term debt with Norwich Union (NCFC) - dublinspants, Jul 12, 08:51:59
    - How do you know (NCFC) - commonsense, Jul 12, 09:01:18
      - If you're that interested (NCFC) - dublinspants, Jul 12, 11:29:56
      - "a throw away comment with little evidence" (NCFC) - Ken Dodds Dads Dog, Jul 12, 09:16:43
    - No because it was a bad debt which they would never get paid off (NCFC) - biffbro, Jul 12, 08:56:47
      - Well Cullum thought they would (NCFC) - dublinspants, Jul 12, 09:00:10
- like the way they listed thequestions (NCFC) - Tomblander, Jul 12, 07:45:19
  - It's also interesting that it appears that (NCFC) - dublinspants, Jul 12, 07:49:36
    - No its not the article is once again complete tosh and waffle (NCFC) - biffbro, Jul 12, 08:53:11
    - it is only "believed" they would call in the loan (NCFC) - Tomblander, Jul 12, 07:57:42
      - They'll be practicing their "secret" protest marches on the ground from the murderers (n/m) (NCFC) - biffbro, Jul 12, 08:58:03

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