Nothing to do with PNE this, jsut the structure of ours.

That old debt, though lower was a massive risk.
The new debt, though much higher, is long term and relatively secure.
They can't come and ask us for it all back tomorrow.

When we owed ?6m they could, practically did, and we pushed players out the door to placate them.

I'd rather the ?20m over the ?6m in those circumstances.

Posted By: megson, Mar 6, 14:55:23