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Former Owners Make Generous Gesture
Former Owners Make Generous Gesture
Ian Neale and Lee Thorn have waived the right to recall outstanding loans made to troubled Vanarama National League North club Nuneaton Borough.
Saturday 27 October 18 I 00:50:35 I Photo by

The former owners of Borough Leisure Ltd, the company that owns and operates as Nuneaton Borough FC, have confirmed that they will write off any rights to the repayment of their director's loans either now or at any time in the future, in a bid to secure the club’s future.

 

Both Neale and Thorn have committed, in writing, to remove all rights for the repayment of more than £450,000.00 of loans they made during their tenure’s in a bid to attract more potential parties and to preserve the long-term future of the football club.

 

The club has expressed its thanks for this generous gesture at this crucial time.

Copyright Non League Today. Permission to use quotations from this article is granted subject to appropriate credit being given to the Non League Today website as the source and a link back to the Non League Today website.
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Former Owners Make Generous Gesture
Former Owners Make Generous Gesture
Saturday 27 October 18 I 00:50:35
Photo by

The former owners of Borough Leisure Ltd, the company that owns and operates as Nuneaton Borough FC, have confirmed that they will write off any rights to the repayment of their director's loans either now or at any time in the future, in a bid to secure the club’s future.

 

Both Neale and Thorn have committed, in writing, to remove all rights for the repayment of more than £450,000.00 of loans they made during their tenure’s in a bid to attract more potential parties and to preserve the long-term future of the football club.

 

The club has expressed its thanks for this generous gesture at this crucial time.

Copyright Non League Today. Permission to use quotations from this article is granted subject to appropriate credit being given to the Non League Today website as the source and a link back to the Non League Today website.
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