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We own our own stadium so why don’t we remortgage it?

Sat Feb 20, 2010 10:51 pm

:ayatollah:

Re: We own our own stadium so why don’t we remortgage it?

Sat Feb 20, 2010 10:56 pm

robbing peter to pay paul, also it has to be worth more than you have paid for it to remortgage.

Re: We own our own stadium so why don’t we remortgage it?

Sat Feb 20, 2010 10:58 pm

That’s got to be an option.
If they could raise say 15 million to pay Sam his 10 million and pay off the stadium short fall, with maybe using the 83k a month they pay Sam.

Re: We own our own stadium so why don’t we remortgage it?

Sun Feb 21, 2010 1:04 am

Simply not enough income after deductions to make the payments. That's our problem in a nutshell - outgoings exceed income
and all overdrafts/loans are maxed so we can no longer meet our day to day running costs.

Re: We own our own stadium so why don’t we remortgage it?

Sun Feb 21, 2010 1:07 am

city_85 wrote:Simply not enough income after deductions to make the payments. That's our problem in a nutshell - outgoing exceed income
and all overdrafts/loans are maxed.



Banks will not give an overdraft or any credit due to our financial instability. FACT