KenH wrote:Makes no sense that the Board seemed keen to pay off all the loans during the last couple of years, to the detriment of having money to give Derek to bring in some decent players, which would have avoided relegation. Now the damage is done, it looks like we're taking on debt again. What was the point in losing our L1 status, just to start borrowing again, when we could have paid off, say, half of the debt, and kept a bit of cash for Derek to bring in a few decent players to keep us in L1?
On the face of it have to agree BUT maybe the BoD had no option under the requirements of the owners OR did the BoD want rid of Bond ASAP and by paying of loans it would make any prospective sale a more attractive proposition having a club almost debt free.
Let's hope that Mazuma continue with their current support and possibly even more.....