Good memories for us, but right that he leaves now. Especially if that money is going back into the team
Right now we need to improve the defence over having depth in midfield
The mortgage will be with the club, as will the asset.
When he says he will fund player purchases all he is doing is covering the loss the club makes from those purchases.
The clubs debt will have increased massively now, but so will its assets.
The debt is all owed to Doug King, so the debt is the amount he’s put in.
All other expenditure has been covered from income.
People are over complicating it by trying to work out what has been covered by player sales etc.
No, just £30m + losses since April 2024.
The club has bought the stadium, not Doug King.
Yes he will be covering any losses for the additional cost of the mortgage/loan, but the debt is with the club and the asset is with the club.
Doug King hasn't paid for any of these things. CCFC have paid for them.
What Doug has done is cover the losses generated by these things.
From memory, the last set of published accounts (for 2023-24) he had put in about £30m. Most of that was converting existing debt into equity.