JeSOS
Senior List
- Oct 16, 2018
- 159
- 657
- AFL Club
- Carlton
I don't mean to be cynical...old habits and all...debt free is grouse, but where has the $4m come from?
We had the money to pay off the debt last year, however, due to covid, we chose to hold on to it so that we didn't need to borrow any more moula from our AFL Overlords.
As time passed last year we realised that financially we were coping and didn't need to dive too deep into our residual kitty and hence had the money to pay off the long term liability.