SkyBlueRuffian
Well-Known Member
@CityCoventry: BREAKING: Coventry City Ltd to be put up 'for sale' tomorrow... http://t.co/fKjqTr2mvj
2mill must have more than a lease in it
The part of Coventry City that is in administration - Coventry City Ltd - will be put up for sale tomorrow.
In a meeting with fans, the administrator said he still wasn't sure which part of the club was in adminstration, but that he will review offers tabled.
Will it be a classified ad in the Coventry Telegraph or a radio ad on Touch FM?
"CCFC Ltd has £69m liabilities according to Tim Fisher. It is claimed it is guarantor of Holdings debt" does this mean the buyer has to pay the debt off first
Whip round time then. Be like buying one of them Lordships you get the certificate but cant do fuck all with it.
The administrator has put it up for sale so that the due diligence cannot be done by PH4 and SISU can buy it back. Absolute ballbags!
Surely if it's up for sale, the administrator can accept offers and due dilligence can be carried out???
WM
Whip round time then. Be like buying one of them Lordships you get the certificate but cant do fuck all with it.
D'ya mean I paid good money to be known as "Lord Melbury" and it's worthless? Bloody conmen!