PopTart wrote:
If you are talking director loans, they stay as liabilities on the balance sheet while ever the loan is outstanding to be paid
If its agreed that the loan is not to be repaid it simply stays as an asset in either the item that was bought or cash and isn't listed as a loan anymore.....and the balance sheet looks more healthy by that amount.
I assume that will show in the next accounts if it goes that way.
The point I was trying to make was that, if they didnt want payment for any shares, this wouldn't include any d/loans, unless they had agreed not to want payment for these.
IF they were to remain in the company and we were relegated, surely, the value/ purchase price of the club would be reduced further.
Therefore, as far as MC & Co are concerned, we have to stay up to give them any decent chance of a return on their investment ?