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  1. Under Ollie so far..

    Quote Originally Posted by Bill View Post
    Quote Originally Posted by Tarbie View Post
    Cheers Stan, must have missed this article.

    Still a bit ambiguous though isn't it? "Converted to equity" is an interesting phrase to use. I can't see that the club is worth anything like 200m so I would guess the shareholders will never see that money back. Which I suppose in turn does make this a write off but it would be interesting to have some more facts around that.
    Sorry guys just because the debt is written off does not mean it disappears,the money
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