Archer's Out!

Last updated : 05 May 2002 By Bob Gear
Bill Archer had a loan of £1.4m to the Club, and owned a significant number of shares.

The loan has been bought out by the Club for £700k, and the shares have been purchased for £1. All of this 5 years to the day after Hereford.

Archer is currently in the process of floating F***s diy, and is expected to make a paper profit of £300m for his stockholding of around 20%.