MarkG
Well-known member
- Joined
- 11 Dec 2017
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Given that for the last few years, shares have been issued by the Singapore holding company rather than the club, it leaves I reckon two potential reasons.
1 - losses are too high for the current rules in league 1 to be covered by loans, but share capital can count in the calculation.
2 - another investor / someone outside of the existing consortium has put some money in
Most likely is 1 I think.
1 - losses are too high for the current rules in league 1 to be covered by loans, but share capital can count in the calculation.
2 - another investor / someone outside of the existing consortium has put some money in
Most likely is 1 I think.