Re: Struggling clubs hit jackpot
We are spending $500K a year interest on a $10mil loan, yet we are breaking even each year.
Get rid of half the debt with $5mil, save $250K in interest a year and we are a slightly profitable club.
From that situation, we can improve year on year, instead of going backwards. baby steps...
We are spending $500K a year interest on a $10mil loan, yet we are breaking even each year.
Get rid of half the debt with $5mil, save $250K in interest a year and we are a slightly profitable club.
From that situation, we can improve year on year, instead of going backwards. baby steps...
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