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£1 MILLION A MONTH??

Thu Jun 07, 2012 9:14 pm

Is this true i just saw it on facebook, and wonder if anyone else had heard anything about it but someone just posted that the malaysians are loaning the £1million a month with 7% interest??

can anyone say whether its true or not? :ayatollah: :ayatollah:

Re: £1 MILLION A MONTH??

Thu Jun 07, 2012 9:18 pm

It's true apparently but as stated they will turn all that debt into equity

Re: £1 MILLION A MONTH??

Thu Jun 07, 2012 9:19 pm

The Malaysians are 'subbing' us around a £1m a month to keep the club going.

Along with the other money they've loaned us this is estimated to be around £40m.

According to last years accounts, for the £15m they'd lent us up til then we were being charged 7% interest.

Re: £1 MILLION A MONTH??

Thu Jun 07, 2012 9:19 pm

Owain wrote:The Malaysians are 'subbing' us around a £1m a month to keep the club going.

Along with the other money they've loaned us this is estimated to be around £40m.

According to last years accounts, for the £15m they'd lent us up til then we were being charged 7% interest.


alright cheers :ayatollah: :ayatollah:

Re: £1 MILLION A MONTH??

Thu Jun 07, 2012 9:22 pm

CjBluebird17 wrote:It's true apparently but as stated they may turn all that debt into equity


Corrected for you

Re: £1 MILLION A MONTH??

Thu Jun 07, 2012 9:22 pm

bspark wrote:
CjBluebird17 wrote:It's true apparently but as stated they may turn all that debt into equity


Corrected for you


Haha oh yes sorry ;)

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 12:46 am

Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 12:47 am

2blue2handle wrote:Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?


companies house..?

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 12:50 am

Angry Man wrote:
2blue2handle wrote:Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?


companies house..?


I think it's £2, while I don't mind paying for it if it's available free like it was I'd rather just look online.
I'm intereste to know what percentage interest other loans have.

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 12:55 am

2blue2handle wrote:
Angry Man wrote:
2blue2handle wrote:Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?


companies house..?


I think it's £2, while I don't mind paying for it if it's available free like it was I'd rather just look online.
I'm intereste to know what percentage interest other loans have.


Just found a fairly recent link to some of our most recent accounts Luke, but don't know if it's what you're fully after!

viewtopic.php?f=2&t=73830

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 12:58 am

Overthemoon wrote:
2blue2handle wrote:
Angry Man wrote:
2blue2handle wrote:Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?


companies house..?


I think it's £2, while I don't mind paying for it if it's available free like it was I'd rather just look online.
I'm intereste to know what percentage interest other loans have.


Just found a fairly recent link to some of our most recent accounts Luke, but don't know if it's what you're fully after!

viewtopic.php?f=2&t=73830


It shows Langston have a 7% interest loan but wondered about the others.
I'd be amazed if anyone has a Lowe interest percentage.

Re: £1 MILLION A MONTH??

Fri Jun 08, 2012 1:02 am

2blue2handle wrote:
Overthemoon wrote:
2blue2handle wrote:
Angry Man wrote:
2blue2handle wrote:Anyone know where I can get a link to the last accounts?
I know it was on the official site but can't find it now?


companies house..?


I think it's £2, while I don't mind paying for it if it's available free like it was I'd rather just look online.
I'm intereste to know what percentage interest other loans have.


Just found a fairly recent link to some of our most recent accounts Luke, but don't know if it's what you're fully after!

viewtopic.php?f=2&t=73830


It shows Langston have a 7% interest loan but wondered about the others.
I'd be amazed if anyone has a Lowe interest percentage.


I'm aware that some more financially minded posters on here than myself, have said that 7% is a pretty decent rate for the type of loan(s) we've currently got!