I guess the debt is transferring to Attanasio rather than pure external

In the Finance Review Balance Sheet section, there's the following comment:

"Post year end, the club anticipates changes to the debt/equity ratio which, during the 2023/24 campaign, would see a reduction in total debt and is geared towards reducing the future net liability position."

Did Attanasio convert some of his debt to equity for the transaction to get up to parity of Delia and Michael? Or is there more to come with issuing more shares and him taking control?

Posted By: JD3, Nov 9, 13:23:17

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