indeedido
Well-known member
Nobody will buy - or invest in - a club that is worth MINUS £132m, because it owes its parent Group £142m.
It doesn't matter whether you want Gibson to stay or go, he is stuck with owning the club and we are stuck with him owning it.
The Club is a financial basket case and we have had 1 season in 15 in the top flight.
We have lost £143m since relegation in 2009, we had lost just £104m in our history to that point.
Gibson props it up. If he didn't then the loans he has made are up in smoke, the club in liquidation and his equity worthless too.
It doesn't matter whether you want Gibson to stay or go, he is stuck with owning the club and we are stuck with him owning it.
The Club is a financial basket case and we have had 1 season in 15 in the top flight.
We have lost £143m since relegation in 2009, we had lost just £104m in our history to that point.
Gibson props it up. If he didn't then the loans he has made are up in smoke, the club in liquidation and his equity worthless too.