Any news on whats happening with the DCMS loan I hear from people who know about Club stuff that a repayment of £58000 was made in October. Fair play to the new owners paying off Cleeves debt whilst keeping the Club afloat.
As per the fans forum at the start of December, outstanding DCMS loan was £470k with ~£15k capital to be repaid back (plus interest) every six months so looking at this debt being with the club for another 16 years.
Appreciate that the loan was taken out under SC's ownership but the new owners took on the club with full knowledge of this debt which is a club debt ie no longer anything to do with SC.
I seem to recall Bal was negotiating to get that loan reduced. Still there was a good few things he is was going to do.
I understand that Bal was over in Ireland last weekend. Was this to look for further investment and did the trip prove successful ?
Organised by First Class Traveller?
I see that some peoples obsession with Bal hasn't worn off yet. Perhaps he should be sharing all his personnel plans with the forum to avoid some very sad speculation being posted.
Of course he could be meeting up with a small Irish man with a grey beard to follow the directions to the end of the rainbow. That pot of gold would come in rather handy at the moment with another payment to DCMS due any day.