If I remember correctly

The 2009 problem was caused by the securitised loan with commercial banks which in turn was arranged in order to accommodate the need to replace the South Stand and this was a Mumby/Doncaster arrangement.

I'm not saying that the current management are any better but to say the same administration is incorrect.

As far as I am aware the target is 3.5m with a minimum of 2m. If the bond doesn't hit 2m it doesn't go ahead. Not revealing investment level gives the option of increasing.

Posted By: biffbro, Mar 9, 16:24:35

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