League One Bristol rovers

WALLY OX

Junior Member
Joined
24 Feb 2018
Messages
64
Blimey!
As noted in the article, it is an internal debt owed to the owners, however, if the owners want out and can’t find a buyer willing to repay that debt, then BR will be in a lot of trouble.

How did accumulate to such a high amount!? Be interesting to see their accounts over the last 7 or 8 years.
 

Eaststandboy

Owner
Staff member
Joined
5 Dec 2017
Messages
3,232
Blimey!
As noted in the article, it is an internal debt owed to the owners, however, if the owners want out and can’t find a buyer willing to repay that debt, then BR will be in a lot of trouble.

How did accumulate to such a high amount!? Be interesting to see their accounts over the last 7 or 8 years.
New stadium?
 

OnlyOneUnited

New member
Joined
24 Dec 2017
Messages
13
Is this not essentially the exact same situation we are in? We owe money to the offshore company owned by our Thai chairman who owns the club?
 

Oslernorth

Active member
Joined
23 Dec 2017
Messages
254
Blimey!
As noted in the article, it is an internal debt owed to the owners, however, if the owners want out and can’t find a buyer willing to repay that debt, then BR will be in a lot of trouble.

How did accumulate to such a high amount!? Be interesting to see their accounts over the last 7 or 8 years.
I would imagine it goes along the lines of borrowing money using a holding company on a cheap interest rate, then loaning that money on again to Bristol Rovers on a ridiculous interest rate.
This way the owners can run a club without putting their hand in their pocket and at the same time Trouser a tidy return.

Not cool 😡
 

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