Quote: Code13 "Many have overdrafts, and loans that they are perfectly capable of servicing but not reducing in a short period
Countless companies have gone to the wall because banks pulled their overdraft facility when the company was previously running well and in profit
I think you are not understanding how the world works'"
The bulls had their overdraft limit decreased due to them selling off Odsal. Their rating changed with the bank because of this and they became a high risk customer who would struggle to pay back the monies owed due to not having the asset of owning the stadium. Poor management and a quick fix has got them well and truely into a mess they may never recover from!!!