I did notice a while ago that he was on the HullFC 2011 company listing, and didnt understand why as we've not used that for anything youd have thought it would have been shutdown if it was just used during the takeover.
He’s not on his way out simply refinancing the loans he personally underwrote. Loans with personal guarantees are different to loans secured against company assets so moving them around helps with deferring the repayment. With no assets for security he has to guarantee them against things like his home.
All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.
Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.
RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.
