Quote Originally Posted by EastStandRed View Post
Exactly, something has to change. It's ok saying carry on as we are but owned by who and who would loan the 2-3million to the club the seasons when we've lost money like PC has.



As I understand it PC "guaranteed" the loan from the bank for instance of 1.980,000 or thereabouts in 2013/14
The club was able to service the debt plus about £15000 interest for the bank loan so as I see it PC did not spend his own money but stood as guarantor [not quite the same is it]?
Unless someone can correct me as it's just my take on the past