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2 charges of been filed at companies house for st James park Newcastle ltd.I think these mean paying off debt with Barclays .Not sure if any significance in it.
Hall Of Fame
Not sure what it means either.But a lad on Twitter who said BZG were going to put a statement out a day before their last one has tweeted this today,could they be connected.Who knows.
https://twitter.com/dubai_geordie/st...739697664?s=19
Hall Of Fame
Basically, it all apparently stems from relegation. As of the 30th June 2009, Newcastle had an overdraft of £47.87 million, which is a staggering amount. Whilst this amount is deemed acceptable for a team that has a Premier League income, unfortunately that is something we couldn’t guarantee in the season just passed. As a result the bank decided that having such a sum unsecured was too much of a risk.
On the 1st July 2009, Barclays took steps to reduce the risk they faced by registering a mortgage on St James’ Park, the training ground, and the youth academy. Not only that, our brand name was also taken into consideration, aswell as any trade secrets, although god knows what they are!
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