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Swfc/Hillsborough.


harestone

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Course they have no debt. They're MASSIVE ! Bought for a £1 remember. :hihi:

 

Erm, £1.37p i think you'll find, i'm the new expert accountant and i have read through everything.

See the thread regarding our finances, i've gone through them with a fine tooth comb.

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So it would appear that the loan may have been taken to help fund the new development at the Presto tools site. This would make sense although why has Mandric offered Hillsborough as security instead of the land that is being developed?

 

Alternatively it may be the loan has been taken for ground development or January's tranfer window.

 

As the loan has been taken so recently it wont show in the accounts until next year so all will become clear then.

 

 

Because they may not own the land that is being developed

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