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How would the fans feel

SKP130 said:
The SoL’s only worth £20 now the state of it.
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SoLs worth fuck all no matter what state it’s in if there’s no football, it’s worthless as a stadium. The land might be worth a few quid, but not much in real terms.

Only way it’s collateral is if we default the repayments, and the loanees takes it on them rents it back to us for stupid money. No club owner would do that, except the spineless rich non entity KLD.
 
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I think the fans will moan (as usual). Come on here and talk about protests (as usual) and then renew and be in the same seats they always have sat in for the first game of the season.

The owners know this.
 
Apparently we’ve taken out a loan of £10m from an American company.

Only a twitter rumour so could be total bollocks, but anyone heard anything about this?
 
rubberface said:
I got told £30mill and the sol was used as collateral...and got pelters on here by some. That's why i started the thread asking when the accounts were due out mate.
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so it is true than KLD taking a loan to pay himself back the money he as put into the club
 
Sir dave said:
so it is true than KLD taking a loan to pay himself back the money he as put into the club
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Whatever the reason, it doesn’t give me much hope tbh. In fact I have no idea what the feck he is doing here and what he is getting out of part owning safc
 
Weird how it’s all coming out now but there is certainly a 10m loan or overdraft.
 
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