Seen Chiefs fans on Twitter claiming the good news that the groups loans have dropped by over ?20M, they may be less happy when they see I've pointed out that reason for that being there was ?21M of loans against the Hotel, they no longer own, hence removed from the accounts, which also accounts for the ?31M drop in fixed assets belonging to the club.
What is interesting is that they have repaid ?1M of the Covid loans, but the Sport England loan which is supposed to be paid back quarterly is at the exact same amount as it was last year!