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  • Complete twaddle, Mel. The club refinanced its debts a few ears ago in a restructure. It secured the long term future of the club, which at the time was not at risk of administration. To set a random mid-season deadline would not count as long term stability and as there was no way they could count on being a PL team in 2013 and certainly in no position to pay £30m back while in the Championship that sort of deal would have been impossible to pay back. The club are paying around £1m a year in interest, so roughly £4-£5m in repayments. While they have PL money the aim is to repay the debts ASAP, so they can save in the long term. If we do end up playing in the FL in the future, £5m extra will go a long way.

    Dan

    Saturday, January 26, 2013

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