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RE: Bolton FC
[/quote] ..and they have recently reported accumulated debts of over £100 million! [/quote] With debts like that would not surprise me if they are the next to go into administration . [/quote] Only £10m of the £150m+ debt is owed to banks though. The remainder to the majority shareholder/benefactor at 0% interest As a football club they claim to have some pretty strong assets on the balance sheet. The Chairman suggests they shouldn't worry! (usually the first indication to start worrying!!) |
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