06 Aug 2021 12:18:09
According to the DR we got an interest free government loan for C.V. related loans.
Only club not to take such a loan was them. Noble I hear you say OR was it because directors and senior management cannot take a bonus or bigger than inflation hike in wages until loan repaid up to 20 years.
1.) 06 Aug 2021
06 Aug 2021 12:45:29
Maybe because the saved enough with the furlough scheme, eh.
2.) 06 Aug 2021
06 Aug 2021 13:11:17
Deeb go to finance page it was discussed there 22 June.
Also incorrect can’t take pay rise etc till loan paid. Loan could not be for purpose of pay rise.
3.) 06 Aug 2021
06 Aug 2021 14:01:15
Don't know why the Daily Rebel would be running an old news story? Hollicom must have been re-employed by our hurting neighbours.
Great deal for all clubs. Interest free, first payment 2022 and can be paid back over 20 years.
And you are correct, the only reason Celtic never took the offer as Desmond, Lawwell etc can't bleed the club dry with bonuses and wage rises.
A more positive story would be that Rangers have paid back Close Brothers.
But that doesn't suit the agenda.
4.) 06 Aug 2021
06 Aug 2021 14:34:39
That's wrong club cannot pay bonuses or above inflation rise until 1st payment in 2022 is made.
5.) 06 Aug 2021
06 Aug 2021 15:10:09
Daily Rebel journalists, sweep sweepðŸðŸ.
6.) 06 Aug 2021
06 Aug 2021 15:46:36
John
I was commenting on DR story today not June.
Your last sentence doesn't make sense but for the purpose of clarity the loan cannot be used for a wage rise ABOVE THE RATE OF INFLATION.
7.) 06 Aug 2021
06 Aug 2021 16:19:26
Deeb it may have been in DR today but it’s old news that’s what John is on about and I don’t know why anyone would read papers nothing but BS in them 99% of the time.
8.) 06 Aug 2021
06 Aug 2021 18:12:12
Deeb sorry if not clear. I thought it was as storm says very old news.
9.) 08 Aug 2021
06 Aug 2021 21:37:05
This site is a great source information from fellow bears . Am I reading this right and deebs mistake is he says no bonuses can be paid untill loan paid off in twenty years and John and the spud correct that by saying no bonuses until first return payment in 2022? After that bonuses are valid again .
I know John I could research myself but if you already know? It makes more sence trying to pick your brain while in open another beet lol.