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Message: [QUOTE="Kaz, post: 2420621, member: 1843"] Searle's debt could drag Titans under [LEFT][COLOR=#000000]Titans boss Michael Searle stands to be liable as a result of the club's financial woes after it emerged he personally guaranteed the bank loan at the centre of the debt that threatens to bring the club down. In another development, the [I]Herald[/I] understands that the Titans football club is also a guarantor on the loan, made by the Commonwealth Bank for the building of the Centre of Excellence facility next to Skilled Park. Further down is this [LEFT][COLOR=#000000]But if the bank were to call in the guarantees, he and the football club could be ruined. [COLOR=#000000][URL]http://www.brisbanetimes.com.au/rugby-league/league-news/searles-debt-could-drag-titans-under-20120323-1vpbp.html[/URL][/COLOR][/COLOR][/LEFT] [/COLOR][/LEFT] [/QUOTE]

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