That would make some sense, but its not really the way it has been sold
"We have secured some exciting new investment."
If it is investment then why has the ownership profile of Madrox not changed?
"Well thats not the way that the investors wish to invest, but its an INVESTMENT-ty-sort if thing."
So whats with the new charge on companies House, it reads like we've taken out a loan...
"Well yes, its a sort of loan style investment, but we have secured the investment that we wanted..."
Right, so its a loan?
"Yes but the loan is to Madrox and not the club, and anyway this will be new money in the form of equity, so look, right, its investment."
And what about the rest of the money that you used to buy the club, is that still coming back?
"Well we have paid over 9 million quid into the club..."
They haven't like. They could still sell the academy and the stadium.
The stadium is the big worry for me. I'm assuming it would be canny easy for them to effectively mortgage it to get some cash into the club, one of those lease back type deals that would hamstring us for years to come. The only hope is that they might think it would reduce the likely value of the club when they try and sell it.