Who took the £75K loan out?
Was it an individual or "the club"? If it was an individual - who was it?
Was it unsecured or secured and if it was secured, against what? Future ticket sales ala Leeds?
I find it difficult to believe a bank would lend such an amount to someone/thing with no assets as such and an at best variable income!
May be BUFC started the Credit Crunch!
Surely the bank involved would better off sacking the ninny who agreed the loan and restructuring the existing loan to get their money back?
Also the rent, isnt the landlord required to do up keep and repairs on any property they rent out?
Or is the get out on this that they only rent the land not the buildings?
Over to you Pere Noel and Qwerty