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Thread: £130k debt?

  1. #1

  2. #2

    Join Date
    May 2017
    Location
    Longlevens
    Posts
    663
    That’s worrying, assuming it’s correct.

  3. #3
    Quote Originally Posted by drbob View Post
    Thatís worrying, assuming itís correct.
    I assume it is correct, based on the accounts filed on the 29th March.

  4. #4
    It'll be out of date as there are more directors now. Going by account returns isn't really a true representation anyway but going by the article it's funny how they say we are "struggling with 130 K of debt" and yet many other clubs in the divison have higher amounts, some of which are to the tune of millions?

  5. #5
    I expect this will be "directors loans" and if so nothing to worry about unless EMG or AP suddenly decide they want the money back

    All speculation though as the club is exempt from filing full accounts

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