We aren't actually paying him anything though!

Thats not what this article says, - "They should not, for example, believe what they are reading in certain newspapers, one of whom has even repeated the error today – despite the position being explained repeatedly last night – that the £32 million debt has been 'wiped out'. This is not the case.

All that has happened is that Marcus Evans has bought the debt for an unspecified sum, although it is understood to be in the region of £6–£6.5 million, and the £32 million is now an intra-group debt repayable with interest to Marcus Evans Investments rather than the original lenders, primarily Norwich Union".

Posted By: fogie, Dec 19, 12:59:13