Loans/ Debt to the owners

[Phantom of mobs]

Ashley incoming?

I've heard that mind

 

[Alfa]

Ashley incoming?

Incredibly it would instantly raise the standards.

 

[Confucius]

I've heard that mind

....actually come to think of it, wouldn't be against it. But the facts are that is extremely unlikely

 

[gards2]

So this thread is wanting attention based on what BOB said? A known RAOS. Yet this thread exists based on that...sad times

 

[Phantom of mobs]

....actually come to think of it, wouldn't be against it. But the facts are that is extremely unlikely

I'd be all for it. Perhaps not as unlikely as people may think

 

[Ageing Grey Mackem]

So this thread is wanting attention based on what BOB said? A known RAOS. Yet this thread exists based on that...sad times

It's almost as if the whole Keane business with it's associated ITK horseshite has taught people nothing. Where's that straw clutching .gif when you need it?

 

[The Little General]

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That can't be true.

 

[HarrogateMackem]

Apologies if this is being discussed elsewhere, please merge if so:

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[BumbleBee]

That can't be true.

That would be adding insult to injury if true.

 

[Why sack Durban]

we will need GOM on this one

 

[BumbleBee]

Apologies if this is being discussed elsewhere, please merge if so:

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Already come to light on the bad news thread.

 

[Hep]

That can't be true.

It makes little difference. They owe money to themselves, therefore it reduces the value of the club they own. If it had gone in via Shares, it would increase the value of the club they own. It's all net neutral.

 

[GillytheGilf]

That can't be true.

It’s got to be true as that how any business will work imo .Run it at a loss and any coin put in is a directors loan

 

[richest]

It couldnt have been today surely...KLD is out of the country.

Likes a holiday does KLD

Incredibly it would instantly raise the standards.

It would, and he would be welcomed.

It’s got to be true as that how any business will work imo .Run it at a loss and any coin put in is a directors loan

Need too be an accountant to read this forum nowadays.

 

[Deleted member 31333]

Terrible

 

[JL1985]

They are pulling another fast one. KLD is just as bad as Donald.

 

[JackyCAN]

Are you saying kld will sell his shares
Who can blame him.
Having that weirdo breaking into the ground and videoing inside would have put any normal person off.
Anyway I'm sure the investment he has made will be sold and he will be relieved to be away from such weird and scary behaviour.
Still doesnt change the ownership though.

What video?

 

[Guinness Guzzler]

It makes little difference. They owe money to themselves, therefore it reduces the value of the club they own. If it had gone in via Shares, it would increase the value of the club they own. It's all net neutral.

I completely agree with you in general. Using made up figures if a club is worth £10m, a director puts £1m in but its a loan so they'd get £1m back, then the value would still be £10m, making it neutral. That sort of makes sense (albeit I'm still confused, I don't pretend to be any sort of a finance expert).

Is the issue not, however that Donald says he's putting money back and that's repaying the parachute money? Again all made up figures here but if he owes the club £20m, puts £20m in, says that's him paid it back, but in doing so there's a £20m loan to him, surely that just means he hasn't paid it back? The initial £20m doesn't show as owing because he removed the requirement to pay it back so it wouldn't be factored into the initial value?

 

[hardlife]

Just gets worse.

 

[Binxy]

People will still defend them.