OK so I'm setting myself up to be shouted down here...but are these high interest loans we have been taking out for operating and stadium costs not going to come back and bite on the balance sheet pretty soon?
You can count them,
If they are down as stadium costs.
The whole issue is with how they were framed originally
The Premier league wouldn't allow one of the loans and intrest on it to be counted agaist stadium costs, they said it was for general running of the club , although the club showed a letter from the lenders saying they could use it for ground costs.
In which case we would have used the intrest accured agaist are figures that we put in and would have put us under the breach level.
That and a hundred million that Moshiri put in were the problem.
They didn't accept the reasons for them given by the clubso disallowed the intrested on them to be used hence the pionts off.
Hopefully we have learned from that and have the loans in the correct pots.