Mighty Bongsmon
Vital Squad Member
I think they mentioned in an initial presser they couldn’t find evidence of the loan but we haven’t heard much since. There are so many shady elements of what has gone, it would be nice to find out the detail. Perhaps young Mr Whittle could invite Stanley and his chum to join one of his podcasts?
If you look at the value of what they stated the initial preferred bid was it covered the value of all football creditors and 25p in the £ for all non football creditors - the non football part came to (from memory) £1.5mill and clearly doesn't include 25p for every £ of the £24mill "loan"
The administrators again said they were supremely confident this doesn't have to be paid. That "on the face of it" Latics owe £24mill to someone but they can find no evidence of it.