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Thetownend.com > Forum > 25% > The Boardroom > Topic: Sir Martyn Arbib
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michael
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« 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?
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corner

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« Reply #1 on: Friday, July 29, 2011, 17:04:29 »
What loan?
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michael
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« Reply #2 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...
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Batch
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« Reply #3 on: Friday, July 29, 2011, 18:10:42 »
I don't even recall there being a loan. Sad
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Summerof69

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« Reply #4 on: Friday, July 29, 2011, 19:38:38 »
It was to pay off St Modwen, who gave the money to Diamond Mike & co.
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tans
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« Reply #5 on: Friday, July 29, 2011, 20:00:01 »
I hope Mr Arbib still has his zany haircut Cool
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jonny72

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« Reply #6 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.
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thedarkprince

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« Reply #7 on: Saturday, July 30, 2011, 07:48:06 »
That's pocket money for him so sure he won't miss it... Cheesy
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Mark Hanrahan

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« Reply #8 on: Sunday, July 31, 2011, 13:34:20 »
I'm pretty sure non of the board are in a hurry to do one permanently.
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