Motherwell has to pay out interest on loans taken out for various purposes.
The graph below again shows the difference made by going in to administration made. In 2002 the club were paying over £4000 per week in interest payments. In 2007 the figure for the year was only £27,374 in total and in 2008 magically the club received more interest than it paid out.
The only outstanding loan the club has is from John Boyle. Just over £950k is still outstanding on this loan.
The comparative figures for Hibs, Aberdeen, Dundee United and Kilmarnock show them all paying over £450,000 per year. In 2007 Hearts paid over £1.8m !
