unless ?16m of it was spent on the repayment of the bank debt

the change of control would trigger...

alright so it could probably be renegotiated, but how much of it and at what additional cost?

(plus there's the ?4m or Director's loans - depending on which directors that's owed to and how they feel about the outcome they may have to be repaid too)

Posted By: blindasabat, Nov 13, 10:46:02