£90 million debt. Is it really that?

Just watched an interview with TG on player and Mike Britton the interviewer asked TG "Do you know what the level of debt is, could you tell us the figure at present?" and TG replies with "About £40-50million"

Where did £90million come from?

viewtopic.php?f=2&t=89683

In the thread linked above, the best reason we've come up with for the different figures given by TG and the figures given by Annis (I know comparing info from TG and Annis seems mad but I'm just doing it for debates sake) is as follows;

The figure that TG gave us did not include the investment the Malaysians have put into the club as they don't consider that as 'debt'

Maybe thats incorrect and the debt is only 40-50 in total, that would be nice.....

Just watched an interview with TG on player and Mike Britton the interviewer asked TG "Do you know what the level of debt is, could you tell us the figure at present?" and TG replies with "About £40-50million"

Where did £90million come from?

the only people saying we are 90 million in debt are sam hammans mates its bollocks ,2010/11 accounts show we are 53 million in debt and that includes 9 million stadium right s on it vt has increased his shareholding and other debts eg pmg have been coming down due to premier club monies since we could mybe be 60 million but if sams paid off and vt increases his shareholding it will be less ,we own our stadium which is worth 50 million we are not in a bad position debts only bad if you cant services it and vt is paying it at the moment

I just watched the same video rhys and I must say that TG comes across as very honest and sincere.

I appreciate he's gonna put his own spin on matters but he was asked some tough questions and didn't duck any from what I could see.

I'm more than willing to take a punt on our owners and definitely believe they are in it for the long haul.