Club Debt

[Taunton Blue Genie]

Winding up orders a thing of the past.
No threat to our future.
We just owe Vincent Tan a lot of money.
As far as i can see club is now well run.
The likelihood is Vincent Tan / or his family are going to be our owners for years. No one is going to buy the club with the debt that high.
Think it would take 5 or 6 years in the top flight to bring that down to interest a buyer.

Why would Tan be our owner for years? If we miss out on promotion he will simply continue losing a million or two a month.

[Badly Ironed Shirt]

Why would Tan be our owner for years? If we miss out on promotion he will simply continue losing a million or two a month.

Possibly more with the loss of parachute payments. This is a marriage of inconvenience, the only ones who seem to derive any joy from the situation are those who get excited over an occasional big money signing. The club are spending about £250,000 a week on wages. They are barely pulling in 19,000 fans. Tan will have a point where he will have to consider cutting his losses. His legacy should be a debt free club (if we listen to his promises). It's more likely to be a club that will struggle with debt for decades more to come.