No. Gutter press rubbish as usual
There's a thread about this bull on our forum.
http://www.otib.co.uk/index.php?/topic/131898-david-james-to-be-sold-by-your/
And the debt, as every year for the last ten, will be written off via Steve Lansdownes chequebook 
We are very lucky to have one of the richest chairman in the country. Our finances are a whole lot better than the vast majority of the FL. He'll never want the money back. He's a lifelong fan, not just our chairman
Matty H wrote:
Fair dinkum. If Steve if prepared to splash the cash then the story is clearly bollocks.
SEMerc wrote:
The story about the annual loss is true, but show me a club that don't run at a loss every year. It's a non story. There is no mention anywhere of James going, or anyone else for that matter.
Steve did an interview yesterday to set the record straight. He'd continue to bankroll the club and would never leave them out of pocket. His personal wealth increased by £100m last year alone, so it's small potatoes to him, although anyone who wasn't a fan wouldn't do it, of course. Year on year he writes off the debt, to his credit.
He has played the stadium card lately saying he will take his investment out of the city if it doesn't go through, and that he may step down as chairman if it doesn't happen, but he knows full well it will happen. The last few weeks have been spent gathering enough pro-stadium support so that when the council overturn the green site status they wont look as if they are doing it just because they are backing the club with the stadium. The council want it as much, if not more than the club. A friends mother works for Ibstock and bricks were ordered for the stadium two weeks ago. It's all in place ready to go once the go ahead is given, hopefully in the next few weeks.
He has said if he ever stood down as Chairman he wouldn't take away his money, so he would take a backseat roll but still stump up the cash 
We do need to trim the squad. We have a good 8 players that are surplus to requirement and they will be sold off in January all being well
Yate, Nr BristolTBFTEIARBSC