Elephants ffs!

As in plodders lol

I think some of our players are less pachydermy and more taxidermy

Well we are definitely stuffed !

Hold on all is not lost were gonna ring the changes for saints game! hope it rings a bit louder than when ford left.

Hold on all is not lost were gonna ring the changes for saints game! hope it rings a bit louder than when ford left.

How about any loans into the business ?

Could ring the bell as loud as quasimodo will not make any difference

Maybe, if we change shirts with Saints before kick off, we'll have a chance ?

We'd probably put them on inside-out....

The value of an outstanding loan doesn’t change depending on what division the club is in. Anyway we are told they don’t want their money back so that matters not.

It may be semantics but they refer to their own investment however the loan may have been taken out against the value of the ground and could therefore be in the the club’s name and whoever owns it.

If you are talking director loans, they stay as liabilities on the balance sheet while ever the loan is outstanding to be paid
If its agreed that the loan is not to be repaid it simply stays as an asset in either the item that was bought or cash and isn't listed as a loan anymore.....and the balance sheet looks more healthy by that amount.
I assume that will show in the next accounts if it goes that way.

The point I was trying to make was that, if they didnt want payment for any shares, this wouldn't include any d/loans, unless they had agreed not to want payment for these.
IF they were to remain in the company and we were relegated, surely, the value/ purchase price of the club would be reduced further.
Therefore, as far as MC & Co are concerned, we have to stay up to give them any decent chance of a return on their investment ?

If the loan value remains the same but, the overall value of the asset is reduced, this would massively affect the price that someone would be willing to pay and/or, could affect the amount "left over" for spending on the squad etc.