I’m no businessman but from what Kieran Maguire who’s an expert in football finance we should be extremely concerned.
The accounts show that Swann was pumping in £2 million a year of his own money to keep the club going until he pulled the plug.
Seeing has Hilton obviously doesn’t have access to that amount of his own finance, if he had he wouldn’t be intimating he will finance it through loans surely, or perhaps that’s the way businessman operate now.
I only see one outcome, unfortunately it’s the one none of us want.
If the club isn’t self sustaining then how is DH going to pump a million or so a year in to it… he seems to be struggling to purchase as it is?
Loans to repay loans? An ever increasing spiral of debt?
We need DH or a supporter to drop a Euromillions win!
