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08 Dec 2017 19:23:18
Your completely forgetting that most likely in March there will be a share issue from shares that will be converted from the interest free loans that Park, Letham and Taylor have put into the club.
That means the loans they are owed convert into shares so no debt to them, Then they sell the shares to someone else possibly bringing in more money and at the very least wiping out £16 million of personal debt to those 3.
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