The "Mad's lining his pocket" clique SIGN IN

[rabidbee]

I don't think there's any law against giving money to a football club.

That said, my understanding has always been that Madejski's investment was a loan, I think many people assumed he would simply waive it at some point which seems to be misguided.

Pretty sure I read one of the accountants on another thread last week saying that a company director can't just give money to one of their businesses, it has to be given as a loan.

I think it is sort of possible as I understand that SJM converted some of his loans to shares several years ago. It is not just a matter of giving money though that can seem to be the end result

Which, I suppose, is really like a company paying back a loan in shares rather than cash.