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Thread: Debts Paid!

  1. #1
    Join Date
    Nov 2009
    Posts
    4,273

    Debts Paid!

    According to the club on Twitter we have now repaid all our debts to messrs Boyle and Turnbull and are now almost debt free. We have a modest sum of £80k outstanding to 5 supporters. Thats fantastic news and will allow us to move forward. Who said fan ownership didn't work?

  2. #2
    Outstanding news, hat-tip to all involved.

  3. #3
    Join Date
    May 2002
    Posts
    11,733
    It is a significant step in securing the club's finances. Well done to the grafters who made it possible. Time now to build a big financial reserve to tide us over the inevitable hard time that is bound to occur at some time in the future.

    https://www.motherwellfc.co.uk/2019/...former-owners/

  4. #4
    Join Date
    Oct 2004
    Posts
    4,545
    That's the best piece of 'off the field' news we've had in a long while. Well done to everyone who has made this possible.

  5. #5
    Join Date
    Sep 2009
    Posts
    4,458
    Hats off all round.

    Hutchinson and Boyle deserve great credit for their patience / understanding on the debt repayment plans.

    The fellas on the WS Board have done brilliant.

    Not too shabby for a wee provincial club eh? The future could be bright ... how can that possibly be true for us Dossers?
    Last edited by sieb1886; 01-11-2019 at 10:55 PM.

  6. #6
    Join Date
    Dec 2014
    Posts
    2,468
    Quote Originally Posted by sieb1886 View Post
    Hats off all round.

    Hutchinson and Boyle deserve great credit for their patience / understanding on the debt repayment plans.

    The fellas on the WS Board have done brilliant.

    Not too shabby for a wee provincial club eh? The future could be bright ... how can that possibly be true for us Dossers?
    The future is bright it’s claret and amber

  7. #7
    Will the naysayers now join the WS or will they find a new excuse?

  8. #8
    Join Date
    Jul 2002
    Posts
    1,358
    This is a significant achievement, the result - no doubt - of much hard work by people at different levels and in different roles within our club and the important part played by our two main creditors in giving us the time to deliver on our debts (not forgetting those still owed £80K). Very well done and thanks to all from a fan of almost 60 years.

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