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Can I Suggest

#21 User is offline   The Black Triangle 

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Posted 20 November 2016 - 12:45 PM

View PostSecurity66, on 20 November 2016 - 12:37 PM, said:

Sorry to sound thick but can you explain what a debenture is please.

Loans to the club. At saltergate it was secured against the ground. I assume it's the same now. This explains Allens mortgage settlement with CBC as well.
He wants the ground.
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#22 User is offline   Guest_freelander2_* 

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Posted 20 November 2016 - 12:46 PM

View PostSecurity66, on 20 November 2016 - 12:37 PM, said:

Sorry to sound thick but can you explain what a debenture is please.

It's a loan provided by an individual or business to a company (the club) which is secured against an asset (the ground).
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#23 User is offline   Security66 

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Posted 20 November 2016 - 12:53 PM

View Postfreelander2, on 20 November 2016 - 12:46 PM, said:

It's a loan provided by an individual or business to a company (the club) which is secured against an asset (the ground).

Thanks,just wondered why 4 genuine town fans would walk away,I think in fullness of time we will have a lot to thank the 4 who resigned for.
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#24 User is offline   azul 

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Posted 20 November 2016 - 01:06 PM

View PostThe Gimp, on 20 November 2016 - 12:45 PM, said:

Loans to the club. At saltergate it was secured against the ground. I assume it's the same now. This explains Allens mortgage settlement with CBC as well.
He wants the ground.

Can we assume that DA private loans are not secured against the ground?
Accentuate th Positive, eliminate the negative
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#25 User is offline   60s 70s Spireite 

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Posted 20 November 2016 - 02:22 PM

View Postazul, on 20 November 2016 - 01:06 PM, said:

Can we assume that DA private loans are not secured against the ground?

I would say so. Per the last accounts secured loans total £8.4M which would seem to include DA's personal loans.
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#26 User is offline   azul 

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Posted 20 November 2016 - 02:29 PM

View Post60s 70s Spireite, on 20 November 2016 - 02:22 PM, said:

I would say so. Per the last accounts secured loans total £8.4M which would seem to include DA's personal loans.

That is true, just looked. So DA might just be worried of having to share the pie with the 'Proact 4'.

Wonder what Warner's role is, if it is all about the debentures?
Accentuate th Positive, eliminate the negative
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