Matt Posted January 10, 2010 Share Posted January 10, 2010 Chelsea converted shareholder loans (debt) into equity. In reality this is smoke and mirrors as shareholder loans in a 100% owned company is as good as equity (though is done this way for tax reasons). Just the same as Ashley's loans to NUFC aren't really debt- they're just tax-efficient equity. Link to post Share on other sites More sharing options...
jdckelly Posted January 10, 2010 Share Posted January 10, 2010 out of interest when are our accounts released? Link to post Share on other sites More sharing options...
Teasy Posted January 10, 2010 Share Posted January 10, 2010 Should be pretty soon, the last set of accounts were released early to mid January 2009. Link to post Share on other sites More sharing options...
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