George Reilly's Hairpiece
Well-Known Member
- Joined
- Jan 17, 2015
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- Barnet
How do you know about our financial state ?/ Been talking to Eastleigh fan have you ?
As my other learned Bees fans, BeesKnees, said, it's in your accounts. Trust me, as someone that has 20 years experience of producing accounts, I know that you only disclose what you have to, so to put in there what you have doesn't make pretty reading. As someone who also worked in Bridging Finance, I'd be very uncomfortable all the while there is a charge on your ground as security for such a loan.
What I would say, for what my opinion is worth, you dodged a massive bullet by getting promoted first time. The Sainsbury's case going bad coupled with missing out was certain administration and probably worse. It might not be terminal should you fail to secure a knock out win in court as you might be able to still attract outside investment to clear the bridging loan. That has to be a priority as there will be some nasty penalties should you not be able to pay the loan when it is called in on the expiry of the term.
Get the right result in court and you could well springboard from the Conference up another level again.