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Well at present it it is not being detrimental to the club is it? Although people on here think it is I have no idea how the rate was set but what cover would you expect from a loss making company that is totally unsecured with no prospect of early repayment.

Suspect - imagine - suggesting- nothing concrete there? Putting a fictitious high rate of interest that isn't being paid into the accounts to gain a mysterious benefit is a bit far fetched?

I assume who ever lent the money in the first place put in the cost. That being so it has to be accounted for. Accruing it and paying it are different matters. However the mantra that keeps being repeated on here is that it is hitting annual cash flow and evidently it isn't

Sorry G but when it comes to drivel there is plenty on here already

Martin Reeves will do his best to stop that

I am sorry but I cannot follow your logic regarding the interest and SISU taking their money back A nil net investment does not prove that. The accounts show a large accrual for interest I keep meaning to do a year on year cash statement but never get the time. Perhaps instead of reading this...

Assuming they could get cheaper finance the main downside is the lender would expect to be paid.

The debt level is somewhat of a red herring. If Investor A says we value the club at £X it's up to the Shareholders to agree or not

Thats good of them 😃

Macquarie Australian bank of last resort?

Good business by Boddy? 🤣

Not up to your normal erudite standard "Weve already took..." Which short term loan you on about?

I meant your quote - it looks written when not with it

Did you actually write this G ? are you ok?

Bit harsh! I don't think that will speed things up!

Doesn't say who with!

Think he wants you to take a cue from his posts!

Don't know but its a common percentage when you take out staffing etc and left over stocks so easier to leave it to franchise

Merchandising only generates a net 10% Are we in the Coffee Cup cup or what ever its called ? Home games we lose approx £10K

Have you allowed for VAT is ticket sales? If not then deduct 1/6th