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25% => The Boardroom => Topic started by: michael on Friday, July 29, 2011, 16:57:29



Title: Sir Martyn Arbib
Post by: michael on Friday, July 29, 2011, 16:57:29
Anyone know when his loan is due to be re-paid by the club?

Would it be the end of this season?


Title: Re: Sir Martyn Arbib
Post by: corner on Friday, July 29, 2011, 17:04:29
What loan?


Title: Re: Sir Martyn Arbib
Post by: michael on Friday, July 29, 2011, 17:07:17
Think it was £1m+, part of the consortium's takeover funds to clear debts.

All I know for sure was that it was interest free...


Title: Re: Sir Martyn Arbib
Post by: Batch on Friday, July 29, 2011, 18:10:42
I don't even recall there being a loan. :(


Title: Re: Sir Martyn Arbib
Post by: Summerof69 on Friday, July 29, 2011, 19:38:38
It was to pay off St Modwen, who gave the money to Diamond Mike & co.


Title: Re: Sir Martyn Arbib
Post by: tans on Friday, July 29, 2011, 20:00:01
I hope Mr Arbib still has his zany haircut 8)


Title: Re: Sir Martyn Arbib
Post by: jonny72 on Friday, July 29, 2011, 20:35:41
I seem to recall it was just to help with the general cash flow, but I could be wrong. I believe it was documented in the accounts and there was some coverage of it when the accounts were published as it hadn't been mentioned before.


Title: Re: Sir Martyn Arbib
Post by: thedarkprince on Saturday, July 30, 2011, 07:48:06
That's pocket money for him so sure he won't miss it... :D


Title: Re: Sir Martyn Arbib
Post by: Mark Hanrahan on Sunday, July 31, 2011, 13:34:20
I'm pretty sure non of the board are in a hurry to do one permanently.