indeedido
Well-known member
Perfect summary by Soutra.
He can't sell as nobody will buy.
He can't reduce any internal Undertakings as he can't make a profit in this division
He will continue to make losses if he tries to make the PL.
He will have to absorb those losses as greater undertakings (guarantees) from Gibson O'Neill.
One day he will say enough is enough and guarantee no more, when the Club immediately ceases to be a going concern.
Unless of course he makes some good decisions and the club can get promoted, stay up and get into a profit making and saleable position...
He can't sell as nobody will buy.
He can't reduce any internal Undertakings as he can't make a profit in this division
He will continue to make losses if he tries to make the PL.
He will have to absorb those losses as greater undertakings (guarantees) from Gibson O'Neill.
One day he will say enough is enough and guarantee no more, when the Club immediately ceases to be a going concern.
Unless of course he makes some good decisions and the club can get promoted, stay up and get into a profit making and saleable position...