"Town, more than ?30 million in debt, continue to be subject to the Company Voluntary Arrangement (CVA) agreed when the club came out of administration in May 2003 and will again make a more than ?350,000 payment to preferential creditors in September.
Norwich Union, who supplied the bond which helped build the two new stands, will also be due their annual payment of nearly ?1.5 million."
Hmm, I wonder! Apparently they're thinking about having another share issue so BFJ can have a bit of transfer cash. If they don't, it looks like he'll have less than last season. Shame
What comes around, goes around.....
Posted By: DDiM, May 23, 23:10:35
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