Milne

[Granite City Reds]

http://www.eveningexpress.co.uk/Article.aspx/2563466

 

ABERDEEN FC chairman Stewart Milne contributed to a fresh

[Stoney]

Are we paying over the base rate of inflation for this loan as well?

[RUL]

Its interest free loan I believe. Why the other loan wasn't, nobody knows.

 

It wasn't Milne that gave

[Jazzer_Bett]

Was just away to post this, clearly relased on the back of the Coffins being deployed around the city.......

[barassie_afc]

further evidence of the dire financial condition we are in

[Granite City Reds]

Was just away to post this, clearly relased on the back of the Coffins being deployed around the city.......

 

I very much doubt if the Coffins being deployed in the city had an effect. I would have expected them to tell shareholders because it would have shown up in the accounts figures if it they paid the bank last march.

[fatshaft]

I very much doubt if the Coffins being deployed in the city had an effect. I would have expected them to tell shareholders because it would have shown up in the accounts figures if it they paid the bank last march.

Aye, clearly it is a press brief ahead of tonight's AGM on some of the major issues, and Wiggy sticking in a couple million is a pretty major item on the balance sheet.

[Stoney]

Whats this loan for? Is this to go on top of the debt which was already released last week?

[K-9]

This was announced when the annual report released few weeks ago. Charlie clearly trying to take heat off Milne here (or rather being forced to with threat of access at Pittodrie being removed).

[RUL]

Whats this loan for? Is this to go on top of the debt which was already released last week?

 

The other loan with the bank was due for repay, we couldn't do it, so the bank wanted 20% of the loan cleared.

 

In reality, its a sideways move, as the debt is still there but we now owe it to Milne/AAM by the looks of the article. Do find it rather strange that they've re-printed this today when they have already run an article on it.