Unfortunately it was debt free……….
The debt was written off.
But at the point of buying them they continue to make losses of £1m per week and last set of accounts had them post record losses of £121m. These losses are expected to be double, accounts due to be posted soon for confirmation
I fully understand what you are saying, but in the capacity that it was being claimed by the Chav cunts; in terms of the new owners being the diff between remaining debt free or not, it's a delusion........
They were claiming "debt free" with the sentiment that they had been run properly until the take-over which is utter bollocks.
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