Loans
Often stated by posters on here as the club we are most similiar to in the CCC, where would they be without this massive loan from Mr Hemmings?
:shock:Leisure tycoon Trevor Hemmings has handed Preston North End a further £450,000 to pay its tax bills.
The club announced on Friday that owner of the Blackpool Tower had put the cash in through his Guild Ventures investment vehicle.
It comes just a week after he pumped £570,000 into the club to pay for player's wages.
In a statement, the club said: "The loan will be used by the company to make payments to HM Revenue and Customs in respect of PAYE tax deductions and National Insurance."
Mr Hemmings, the club's largest major shareholder with a 28% stake in the club, has now loaned North End £12.63m include accrued interest.
Often stated by posters on here as the club we are most similiar to in the CCC, where would they be without this massive loan from Mr Hemmings?