Quote Originally Posted by legs77 View Post
No they cant but who said the debts are all with the owners ???

We are insolvent in a way or we were a few years ago (2022) accounts.

Lets hope they are here for a long time yet but I fear WHEN they decide to sell Langstaff it is going to cause a few fans to lose their heads.
Almost every club has owners pumping money in. They choose whether to put this in as shares (therefore not showing debt) or as loans (showing as debt). The latter can allow them to offset losses against other business interests they have. The risk arises if they get fed up and don't want to pump any more money in. Trew bought the club thinking he'd written off the Munto debts (then found more debts lurking), AH bought the club and I think Trew had done a bit the same. AH realised he was at risk of losing his Nottinghamshire Golf Club after taking his eye off of his profitable business Paragon which went down the drain. The Bros presumably merely paid off the HMRC and any other significant debts to acquire the club and most of the money they paid will be shown as Debt to them. None of this is unusual other than the Bros seem to be living within a sustainable amount of input and even less than budgeted according to Richard Montague. He said only recently we do NOT have to sell.

You are worrying about nothing new and for once we are with sensible owners not rushing out to make marquee signings or paying for sacked manager after sacked manager. If (when) they sell Langstaff it will be to acquire one or two or more signing to maintain the successful model and trajectory they have created.

Of course is something goes wrong with their (or their father's) businesses then all bets are off, but no owner is going to come in at this level and create success without significant financial input.