I think VT is a very different person to Hammam. Yes, much of the money he has put in has been by loans but until the Langstone debt is settled he would not be wise to convert his loans to shares as he would be at the bottom of the pile in getting his money back if it all went belly up. With external debts to Langstone and other in excess of £25m (assuming the other £5m becomes due on promotion) why should he put himself below them in terms of getting any of his money back. However, once Langstone is sorted he has commited to capitalise his loans thus putting us in a much stronger financial position and making the balance sheet a lot healthier. He has shown his commitment by funding at least £6m in transfer fees this season and subsidising wages for new players which normal turnover couldn't afford. We are clearing losing money each month and VT's deep pockets are the only things funding the losses. Eliminating Langstone's debt is the key to all of this. The trouble is that Sam, the little sh1t, knows this and will cause as much pain as possible by dragging it out even when a reasonable full and final settlement is offered.
