Take over ready to go ahead.

[Pinter777]

They work with medium to long term investments, these can range from 10 years and onwards.As far as hedge funds go and there immediate profit returns, I would say that 10 years is quite a dedicated investment that they are taking and shows they are serious about the long term future as opposed to a quick return.

[PDX_Rover]

If the club "owes" JR 3m as he has apparently said... then the club is not debt free is it, as he said in his interviews over the weekend. Hmmmmm....

[Muttley]

If the club "owes" JR 3m as he has apparently said... then the club is not debt free is it, as he said in his interviews over the weekend. Hmmmmm....

It's a common misconception, but the club is approx £9m in debt (not including any loans that have been made in the last few months).

You would have thought JR would know better.

[wing commander]

Jenny....I came to the same conclusion,your not an accountant per chance?

[Wild Rover]

Shares in a private company are only worth what someone will pay for them - as are the loans, so I imagine a proportion will get written off. The share capital and loans are in excess of £20m in total - the price mooted about isn't £20m. Do the maths.

As like as not all 3 majority shareholders will accept the 37p share value at which price Ryan sold to KM2 initially. Possibly loans similar cost, which would bring it down to the 8 million up front payment.