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4 years and a wee bit

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  • bakes8
    Silver Seat
    • Jan 2014
    • 4561

    #16
    Very worse off but hopefully things will get better.

    Comment

    • Maidohoops
      Apprentice
      • Aug 2011
      • 66

      #17
      Originally posted by Kevin Mcleod
      In fact I might do a poll on how much people think the interest repayments on the debt are.
      0-5 million a month
      5-10 million a month
      10-15 million a month
      Over 15 million a month.
      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

      • Kevin Mcleod
        Referee
        • Aug 2013
        • 17322

        #18
        So the debt is 27 million not 200 million as near on all the #realists love quoting week in week out.

        Comment

        • Kirill
          W12 Seat
          • Mar 2009
          • 19359

          #19
          Originally posted by Kevin Mcleod
          So the debt is 27 million not 200 million as near on all the #realists love quoting week in week out.
          LOL, yeah, sure, it is just 27 million ... until they decide to jump ship
          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=852

          Comment

          • Kevin Mcleod
            Referee
            • Aug 2013
            • 17322

            #20
            What and then it becomes a debt yeah?
            Course not, it's money spent and not wanted back.
            #realistswantittobeadebtbutonlyintheirdreams

            Comment

            • Alanwycombe
              Silver Seat
              • Feb 2014
              • 2215

              #21
              Originally posted by Kevin Mcleod
              What and then it becomes a debt yeah?
              Course not, it's money spent and not wanted back.
              #realistswantittobeadebtbutonlyintheirdreams
              Chrissy Wright Wright Wright

              Comment

              • Hitman34
                Platinum Seat
                • Jan 2012
                • 13959

                #22
                27 mil hahahahahaha of course we are.
                nsa/cia spy on this..............┌∩┐(◣_◢)┌∩┐

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