Really frightening club loans

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Really frightening club loans

Post by Alfie » Mon Feb 22, 2021 9:53 am

Not the National League loans, but a series of loans to 'big' clubs from Cayman Islands based US companies ... t-us-loans

Mainly high interest loans secured on stadiums, training grounds etc.

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Re: Really frightening club loans

Post by H1987 » Mon Feb 22, 2021 12:02 pm

Not surprised Derby are on the list. Their owner is seriously dodgy. They've been throwing money at getting out of that league for years with no obvious source of income to balance their FFP requirements.

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Re: Really frightening club loans

Post by theoriginalfatcat » Mon Feb 22, 2021 12:06 pm

If you are a fan of one of these clubs your views and support mean absolutely nothing. Our model is so much better.
Mr Singh said this " I'm not expecting to get back any of the money I've already put in, I'm prepared to write it off for the future of the club. I'm not hanging in to make any kind of financial gain in the short or long term - if someone was prepared to come in and take the club off my hands, I'd be more than willing to discuss it"

Tamworth matchday programme 26 Nov 2011

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