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Revived Red · 15-10-2009, 19:07

I'm only thinking aloud, so please don't attack me!

So what started this mad thinking? Well, I've become increasingly concerned by the failure to update the SOS total. There might be a perfectly good reason for it, but on the other hand ......

Now let's divert to the debt to HMRC. The statements emanating from the club remain vague - and maybe they have to be. But there seems to be a sort of consensus that the SOS Fund will reach £150,000; the powers-that-be (all/some) will put in £100,000 and the remainder will be borrowed as a short-term loan.

I still have serious worries here. Will the SOS Fund actually reach £150,000? Will the powers-that-be need to put in more than £100,000? And let's not forget that we have been told that at least one of them had no more money to put in. So, in my mind, it's starting to look as though we may have to borrow more than £58,000. A short-term loan is exactly that - so it has to be paid back relatively quickly. Where will we find £58,000 (in my thinking, considerably more) to pay back quickly?

Well, has Jimmy Bell given us the answer? Is this the scenario? We borrow maybe up to £100,000 to ensure that HMRC is paid and the borrowed money is repaid after the sale of players in January.

So that's my present thinking.

15-10-2009, 19:07	#705
Revived Red Senior Member+ Join Date: Sep 2006 Location: Portishead, near Bristol Posts: 3,087 Liked: 954 times Rep Power: 28175	Re: "Save Our Stanley" I'm only thinking aloud, so please don't attack me! So what started this mad thinking? Well, I've become increasingly concerned by the failure to update the SOS total. There might be a perfectly good reason for it, but on the other hand ...... Now let's divert to the debt to HMRC. The statements emanating from the club remain vague - and maybe they have to be. But there seems to be a sort of consensus that the SOS Fund will reach £150,000; the powers-that-be (all/some) will put in £100,000 and the remainder will be borrowed as a short-term loan. I still have serious worries here. Will the SOS Fund actually reach £150,000? Will the powers-that-be need to put in more than £100,000? And let's not forget that we have been told that at least one of them had no more money to put in. So, in my mind, it's starting to look as though we may have to borrow more than £58,000. A short-term loan is exactly that - so it has to be paid back relatively quickly. Where will we find £58,000 (in my thinking, considerably more) to pay back quickly? Well, has Jimmy Bell given us the answer? Is this the scenario? We borrow maybe up to £100,000 to ensure that HMRC is paid and the borrowed money is repaid after the sale of players in January. So that's my present thinking.