Back in the Black!

[lenners]

Yes, accept that. McCabe is perfectly entitled to take his cash out as and when funds allow him to do so. Very few chairmen have the luxury of being able to get the loan back without new investment and it appears he has done so or is doing so. Fair play to him and on face of it the football club is an attractive proposition - unlike the property side of things imo. Problem is, as Autumn suggests - the football club is tied up with property debts.

But property values can go up as well as down...

 

[rachyblade]

I think it came as part of the reverse takeover when we were listed.

SUFC took over a small plc (name escapes me) that included BCI as one of its subsids. Could be wrong.

It used to run football holiday camps but I don't think we have pursued it at all - no idea why it still exists really. Not many kids will be excited by the name Bobby Charlton

Thanks, it is listed as one of our investments in the annual figures book thats why I asked