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External Debt ??


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So Green's frequent "debt free" claims were A) Lies B) Untruths C) Fairy Stories D) All three ?

 

Did green not say from the beginning that the money for buying the club and primary running costs was a loan to be paid back over an x number of years?

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Did green not say from the beginning that the money for buying the club and primary running costs was a loan to be paid back over an x number of years?

 

Not that I'm aware of (other than the initial £8.5m CVA) but please feel free to point me in the direction of that particular statement.

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basically the same deal whyte pulled then?

 

I think the payback time was 10 years which wouldn't be such a huge bite as all the season tickets Whyte sold. I agree though I think we are being bought with our own money.

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Not that I'm aware of (other than the initial £8.5m CVA) but please feel free to point me in the direction of that particular statement.

 

I am afraid I am not into searching back on all his statements and I did ask it as a question. I will accept I could be wrong, but I am sure we are paying a loan back over a number of years. i am just not 100% sure that the loan was for the purchase.

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