SPARTAIan Royal I say in theory, just because it's at the latest valuation we have. I'm not convinced the club is hugely less valuable than three years ago. We're a bit stuck right now, but our tribulations are largely speculation and there are certainly ways we could sort it out, depending on how the summer goes.
Sparta: We had lots of debt when Anton bought his shares too. It's not like all of that £38m is new, significantly higher certainly. And as I said, half of what you say is pure speculation regardless of how you want to try and infer it as fact.
Fair point. How much debt did we have when SJM saved us and bought is for £1?
We had virtually no assets.....