Quote: bellycouldtackle "It was reported on Red White and Blue by a Richard Whitehead that JM advised ` the western terrace is on the list to be improved but again its all down to cost ` and that the ` lights were turned off the moment the ladies game finished ( saving pennies on the leccy bill is still a priority ) `
These two statements above all else reported from the meeting once more highlight the need to get the deal done asap. Its inconceivable to understand how JM expects to pay the bills without Matt Ellis taking over. It has been stated that the debt is 4 million plus, was this confirmed last night ? if true then that is going to cost well in excess of £ 200,000 a year at least to repay, then we presumably have trading losses which I think were alluded to last night, plus Sky money looks like been reduced. Maybe JM has one of those money trees'"
JM didn't say the lights were turned off for cost saving.
£4 million debt on £15 million asset is pretty good.
The money tree is on the East side of the field.
Of course we could do with more money. It doesn't mean you just give it all up to someone shaking some notes. We've had that before.