Quote littlerich="littlerich"Well, our net position is £14m in debt (albeit to our US parent company) and we're still a going concern. Staggering.'"
As long as your US parent company states they will not withdraw their financial support indeed you can be classed as a going concern. I wonder who our club's creditors of £130k are? Seeing that the amount of debt is the same as last year they must be "nice" (
) creditors who don't want their money (yet!) .... the directors perhaps? But the likes of Bubba would argue it's money we owe for the rent!
) creditors who don't want their money (yet!) .... the directors perhaps? But the likes of Bubba would argue it's money we owe for the rent!
