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10 Jan 2018 01:17:25
Hi edds, I had a query about the way a clubs debt is handled when it is sold. Is the club's debt actually the owners debt and taken off the sale price when sold or kept at the club for the new owners or how does it work? Many thanks in advance if you have the time.

{Ed002's Note - The debt belongs to the club. The debt is either part of the sale (in which case the transaction is reduced by the amount of the debt), or cleared as part of the sale.}

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