Have I just read that right ??

Smelltheglove said:
Director loans John Bennett, Barry Scott, Douglas Park, Alastair Johnston and Julian Juul Wolhardt
A facility provided by Mr J Bennett, Mr A Johnston and Mr J Wolhardt to the Company of £5.25m is being charged interest at 6% on an accruing basis. Repayments of this, over a 7 year period, commenced in August 2021.
Loan facilities of £1.5m provided by Mr J Bennett prior to the commencement of the period, as well as a further £0.2m provided during the year, were converted to equity in the year. A further £1.5m provided prior to the commencement of the period, as well as a further £4.0m provided during the year, were repaid.
Loan facilities of £0.7m provided by Mr D Park prior to the commencement of the period, as well as a further £2.51m provided during the year, were converted to equity in the year.
Loan facilities of £0.75m provided by Mr A Johnston prior to the commencement of the period were converted to equity in the year.
Borita Investments Limited is a company in which Mr J Wolhardt and his wife are interested. Loan facilities of £1.5m provided by Mr J Wolhardt prior to the commencement of the period were converted to equity in the year.
Loan facilities of £0.25m provided by Mr B Scott prior to the commencement of the period were converted to equity in the year.

ther related party loans - Shareholders and other investors Barry McLeish, George Letham, Stuart Gibson, Club 1872, Alan McLeish, Scott Forrest, Kirk Beaton, Perron Investments LLC, George Taylor, Daniel McKinlay, Neil Hosie. No interest or fees were charged on the loan facilities provided by the above individuals and organisations. Mr B McLeish provided £0.25m of loans during the period, which were converted to equity in the year. Mr G Letham provided £0.5m of loans prior to the commencement of the period, and a further £0.5m of loans during the year, all of which were converted to equity in the year. Mr S Gibson provided £1.0m of loans prior to the commencement of the period, and a further £7.0m during the period, all of which were converted to equity in the year. Club 1872 provided £0.5m of loans during the period, which were converted to equity in the year. Mr A McLeish provided £0.5m of loans prior to the commencement of the period, and a further £0.5m during the period, all of which were converted to equity in the year. Mr S Forrest provided £0.25m of loans during the period, which were converted to equity in the year. Mr K Beaton provided £0.75m of loans during the period, which were converted to equity in the year. Perron Investments LLC provided £3.25m of loans during the period, which were converted to equity in the year. Mr G Taylor provided £1.5m of loans prior to the commencement of the period, and a further £1.5m during the period, all of which were converted to equity in the year. Mr D McKinlay provided £0.5m of loans prior to the commencement of the period, which were converted to equity in the year. Mr N Hosie provided £0.125m of loans prior to the commencement of the period, which were converted to equity in the year.

FFS is there anycunt they've not tapped :love::love::love::love::love:
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StG is the Barry Scott director is he the Cilit Bang guy he’d be perfect for money Laundering 😂😂

HH 😂
 
LondonBhoy said:
It's like Real Madrid in Spain,can never be allowed to fail,bankrolled by the State thru a menage of banks etc.Any other business would have the receivers hammering on the door
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I remember back in the late 50s when Real Madrid were winning everything including Euaro cup for the 5th time, all us kids were wearing white (or near white) Tshirts
Only to find out later that not only were they Franco's team but he was financing them. Example, the state bought there football ground off them giving them millions to buy players, THEN gave them the ground back no fee.
Pure cheats just like the rangers.
 
scotcel said:
I remember back in the late 50s when Real Madrid were winning everything including Euaro cup for the 5th time, all us kids were wearing white (or near white) Tshirts
Only to find out later that not only were they Franco's team but he was financing them. Example, the state bought there football ground off them giving them millions to buy players, THEN gave them the ground back no fee.
Pure cheats just like the rangers.
Click to expand...
Like so many countries where the preferred club of the dictator somehow won so many trophies. It was interesting too that Real Madrid's best (ever?) player originally signed for Barcelona but ended up being the lynchpin in RM's sustained success.

www.bbc.com

The incredible story of Di Stefano's Barca transfer - BBC Sport

Alfredo Di Stefano 'signed' for Barcelona and played in a pre-season friendly, so how did he end up moving to Real Madrid?
www.bbc.com www.bbc.com
 
Fisiani said:
You can try to con the mugs who have given you the money that could buy food for their children, You can try to con the players who will lose wages.
You can try to con the media in your pocket.
You can try to con the SFA who are your mates
You can try to win the league for the massive $40 million CL next year

BUT
When HMRC comes calling you cannot con them.
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If you’ve a good accountant fis ….
Just saying 🙄 numbers 0898200898
 
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