Very intersesting & no comment from any of the regular clowns either... is it sinking in yet?
Quote
"As the AGM draws near I live in hope that one or two voices might be raised about the very strange circumstances Town now find themselves reduced to. Although the hype would have you believe our £32 million debt has vanished and the club is 'in the money', the exact opposite is very much the case. We still owe £32million - the only difference is that it is not to a financial institution with tangible assets and known business practices. Hardly a big step forward.
And we still don't have any money. Last year, we were being run so recklessly that we managed to rack up another £2million of debt whist not paying interest on our debts. That now has to change - which means tightening the purse strings. The only tangible difference I can see from the restructure is that 3 suits will seek approval from elsewhere if Town want to buy paper clips in future, let alone an overpriced midfield trundler from Plymouth Argyle.
We're still very much locked in a debtor's prison of our own making. Only this time we threw away the key."
This will have Trevor spitting out his Haribo's in shock....
Posted By: Andyjzr, Jan 28, 21:09:08
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