Quote Originally Posted by cher1 View Post
Wonder what will happen to Chesterfield when their insurance payout and the Chelsea money is all spent? It looks like the insurance claim is being paid monthly, would love to know when it stops.

As for us being in £21million of debt, our accounts were filed before Christmas, and they don't appear to say that. They're here, for those of you who understand this kind of thing much better than me: https://find-and-update.company-info...filing-history
Without knowing how the Reedtz bros are showing the financing then it really is hard to say. It seems as if they've put in a stack as Shares, and another stack as Loans (£21m) and they are over £2m worse off than this time last year.

But half the story is missing because they are choosing not to show the Profit & Loss section (quite common in smaller companies).

However it looks as if they'd need £30m to walk away without the exercise having cost anything.