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/ #57 Re:

2013-11-23 09:40

#51: SemperFi - How is a club with money in the bank and an overdraft facility in place approaching bankruptcy?

Who is providing the 2.5M unsecured loan ?

On what terms ?

Because other loans that have been provided to the club by the spivs have proved extremely expensive.

 

Do the arithmetic

With a 22M IPO, we post a 14M loss.

The unsecured overdraft facility is for 2.5M

 

Where is the investment coming from ?