Originally Posted by
Badly Ironed Shirt
Ok - just checking that article again and these rules were in place in 2015/16. I would assume someone at the club would have known about them. So, now I am wondering about the levels of competency at the club (the club fell foul of bonus rules in 2013/14, so they have form). Tan was, at best, being premature in declaring his debt to conversion equity. It's a shame that still some people think that debt to equity conversion happened, but I now understand why it possibly didn't. Incredible that no-one in the corridors of power was aware of it in February 2016 though.
I can now stop talking about debt to equity conversion, but still have lots of questions about the debt that I will pose at another time.
Posting Permissions
Reply With Quote