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Hemmings gives North End further loan

Preston North End have received a loan of £346,000 from major shareholder Trevor Hemmings, who only recently loaned the club £650,000.
 
Hemmings, who played a major part in bringing Darren Ferguson to Deepdale in January and owns a 28% stake in PNE, loaned the Championship club the funds through Guild Ventures Ltd with North End now owing the company a total of £11.75m

The statement to the Alternative Investment Market (AIM) revealed the loans are being used by North End to fund ongoing working capital requirements.
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