Very worse off but hopefully things will get better.
Unconfigured Ad Widget
Collapse
4 years and a wee bit
Collapse
X
-
As it turns out not that much. This from the YE May 2014 Accounts.
"The Group paid £9.0m (2013: £41.1m) to acquire additional players during the year. The Group received £57.4m (2013: £72.7m) in shareholder financing during the year in addition secured a bank loan of £27m. The group paid out £270,0000 (2013: £100,000) in relation to interest during the year."
Obviously the interest for YE May 2015 is going to be quite a bit higher as there will be the interest on the £27m loan but essentially that is all the external debt, the remainder is by way of interest free shareholder loans and there is a $hit ton of them.Comment
-
So the debt is 27 million not 200 million as near on all the #realists love quoting week in week out.Comment
-
Banning people is no longer my hobby,
but take a look at my photo blog:
http://kirillqpr.blogspot.com/
How and why did I start supporting QPR in Estonia:
http://www.wearetherangersboys.com/forum/blog.php?b=852Comment
-
What and then it becomes a debt yeah?
Course not, it's money spent and not wanted back.
#realistswantittobeadebtbutonlyintheirdreamsComment
-
Comment

Comment