New borrowing: Stone comments

Mr Stone said despite the falling revenue for the club there is no desire to get back into debt. By the end of June the only external debt for the club was a bank working capital facility of £1.8m, down from £2.7m the previous year.

“The board has been scarred by some of the debt issues we had to work through as a club before my time,” he said.

Posted By: Clairvoyant Creosote, Mar 9, 09:56:58