Of course, your loan asset is only as good as the creditworthiness of the person you have

They are lending it to a football club.

Ergo, its a gift wrapped up as a loon.

Plus, is that money still in their account? Could they call it in today if they fancied a new Country Estate in deepest Darkest Kent?

Nope.
Is that simplistic? Yes, and I am fully aware of that.
I don't care though, they have put money into the football club, money it didn't have before.
Therefore, i'm grateful.

Posted By: megson, Mar 24, 10:46:11