i8cornwall
Active member
- Joined
- Jul 2, 2006
- Messages
- 2,745
Oh I'm not investing, to tight with my money for that!That looks a pretty good deal on the surface, and similar to the Bond the Exeter Chiefs offered several years ago.
From Bolton's perspective its a mechanism to raise chunks of money, that presumably they cannot get from more traditional routes due to their poor credit history. They'll obviously have to pay it all back at a high interest rate.
It's high risk, because if Bolton go pop, then you'll lose your cash. If they haven't got the cash to repay it in 5 years, who knows what happens.
Seek financial advice before investing!!!