Quote: Bombers Double Chin "Surely the club can obtain loans secured against their “Intangible Assets”?
Or are they actually worthless after all ?'"
Intangible assets are not worthless when clubs are in a position to buy and sell players.
The situation has changed drastically, if you hadn't noticed.
Quote: Bombers Double Chin "The FC chairman says the club’s loan application has been refused due to historic debt despite regularly balancing the books under his ownership since acquiring the club nine years ago.'"