BBFF 0 Posted October 18, 2007 Mr Doncaster Q & A on the clubs financial position I found very interesting especially the part covering the new hotel corner infill. "There is no ongoing income from the hotel as the rent is used to service the loan used the build it." 1 What has happened to the once a year dividend payment on the clubs 30% shear holding? As we were told by Mr Mumby there would be one. 2 What loan used to build it? Has the club taken out another loan with the 2 other parties in the deal? The hotel was put to the supports as a no brainer free hotel, we just had to give the land and the rest was up to the other 2 parties. So where did this loan come from? Should it have been in the clubs accounts? FOOTBALL MUST COME FIRST Share this post Link to post Share on other sites
Scooby 0 Posted October 18, 2007 What I cant believe is the further loan of 1.3m taken out to refurbish offices in the Jarrold stand. Whats that all about? the stand is only about 4 years old and we are already taken out loans to improve it. No wonder we have no money. Share this post Link to post Share on other sites