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Debt Free...


dougie247
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Being "debt free" as per the club's statement means that the investment is via shares not loans. People invest in football clubs for altruistic reasons, and do not expect any significant return on their investment - I cannot believe this is any different. Therefore the savings in servicing the bank overdraft/loan is unlikely to be offset to any extent by increased dividends paid to new shareholders.

That is the (continuing) benefit to the club.

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Not again

 

Being "debt free" as per the club's statement means that the investment is via shares not loans. People invest in football clubs for altruistic reasons, and do not expect any significant return on their investment - I cannot believe this is any different. Therefore the savings in servicing the bank overdraft/loan is unlikely to be offset to any extent by increased dividends paid to new shareholders.

That is the (continuing) benefit to the club.

 

This might be true in this case, it might not. You ask us to take the club statement at face value yet you continue to extrapolate.

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Being "debt free" as per the club's statement means that the investment is via shares not loans. People invest in football clubs for altruistic reasons, and do not expect any significant return on their investment - I cannot believe this is any different. Therefore the savings in servicing the bank overdraft/loan is unlikely to be offset to any extent by increased dividends paid to new shareholders.

That is the (continuing) benefit to the club.

 

So where does the Bank come into all this? I ask again.

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