Quote Originally Posted by dml1954 View Post
Thats not what I concluded it means or says at all - £32.3m of his previous debt was repaid to him during the year and the club now only owes him £40.1m. Considerably down from the £150m+ owed to him a few seasons ago, mainly due to his conversion of debt to equity. The £39.5m new debt could easily be from banks or other lending institutions, advanced against the guaranteed income due from tv money, to run the club on a day to day basis or possibly fund players. This is entirely normal practice.
Could be - but what is the £39.5 new debt - for all we know it could be owed to Langston!