What is our debt ? And how ?

[Snodin]

This £13 mill loan bellfield £9 mill kit bag £10 mill jv £2.5 sp £2 mill if the debt was only £40 mil can't think the bank would want 50% + back what is the true ? How has it go to this level ?

 

[Matt Damon]

This £13 mill loan bellfield £9 mill kit bag £10 mill jv £2.5 sp £2 mill if the debt was only £40 mil can't think the bank would want 50% + back what is the true ? How has it go to this level ?

And you run a £5million turnover business? Really? :huh:

Stop spamming with threads. There's already existing threads to post in on this subject!

 

[Tubey]

I don't know, but what I do know is that Aston Villa is a fantastically run club with sensible owners and a majestic fanbase, who only have one way to go - up.

 

[Sylvain]

I don't know, but what I do know is that Aston Villa is a fantastically run club with sensible owners and a majestic fanbase, who only have one way to go - up.

I thought Villa were in trouble too. Don't forget they've sold Barry, Milner and Young in recent years for big fees.

Who have we sold? Lescott and Moyes spent that on two players that he doesn't really fancy and a 30+ defender.

[Not an anti-Moyes post]

 

[Goat]

This £13 mill loan bellfield £9 mill kit bag £10 mill jv £2.5 sp £2 mill if the debt was only £40 mil can't think the bank would want 50% + back what is the true ? How has it go to this level ?

Try making sense instead of just throwing numbers in a post.

We have debts of around 90m and our ground, training ground, Sky money and everything else not nailed down is secured against all this debt, hence why the Bank wont allow us anymore debt, we are at our limit and have nothing to secure further debt on.

But hey, at least we arent Villa.

 

[Tubey]

I thought Villa were in trouble too. Don't forget they've sold Barry, Milner and Young in recent years for big fees.

Who have we sold? Lescott and Moyes spent that on two players that he doesn't really fancy and a 30+ defender.

[Not an anti-Moyes post]

They bought Bent though mate. Good player him.

I wish we were Aston Villa, I really do. Then we'd have a chance of winning stuff.

 

[Matt Damon]

Try making sense instead of just throwing numbers in a post.

We have debts of around 90m and our ground, training ground, Sky money and everything else not nailed down is secured against all this debt, hence why the Bank wont allow us anymore debt, we are at our limit and have nothing to secure further debt on.

But hey, at least we arent Villa.

No we do not. Liabilities are not the same as actual Debt.

 

[Sylvain]

They bought Bent though mate. Good player him.

I wish we were Aston Villa, I really do. Then we'd have a chance of winning stuff.

I believe we will finish above Villa this season.

 

[Goat]

No we do not. Liabilities are not the same as actual Debt.

We do, I know we do and NOTHING you will type will change that, so save yourself the trouble.

 

[Matt Damon]

We do, I know we do and NOTHING you will type will change that, so save yourself the trouble.

Liabilities are costs/promises you have to service going forward. Debts is money you owe already.


But why encourage the same debate on yet another duplicate thread?

 

[thebluefox]

This £13 mill loan bellfield £9 mill kit bag £10 mill jv £2.5 sp £2 mill if the debt was only £40 mil can't think the bank would want 50% + back what is the true ? How has it go to this level ?

i tell ye what lad ,you start some cracking threads

 

[kenada_blue]

Villa amassed debt on players and rebuilding a squad

We've amassed debt on running the club

 

[Matt Damon]

Villa amassed debt on players and rebuilding a squad

We've amassed debt on running the club

Clutching and straws there.

 

[Mvflusk]

Has someone just looked at the £13 charge for the form and gone "£13MILLION LOAN?!". Also, it's a charge.