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Posted by Princebytor
on 10/11/2019, 10:40 am, in reply to "Re: Takeover
Unfortunately at L1/L2/NL level it is impossible to be successful without carrying a fair amount of debt/owner equity, even Peterborough who have a decent model are £7M in debt. The most important thing is that the owners invest their own money not somebody else's (eg Bury, Macc etc) once you lose control to a corporate loan shark you are dead in the water.
“The problem with the world is that the intelligent people are full of doubts. While the stupid ones are full of confidence.” – Charles Bukowski
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