HuckerbyDublinWhelan
Well-Known Member
Is that you Shugs? We’re a championship football club, we’re acting like a Sunday league team
Is that you Shugs? We’re a championship football club, we’re acting like a Sunday league teamTTP arrangements are common practice and acknowledged by HMRC as an accepted proposal
It's better than companies taking out COVID low interest bank loans when they don't need them
The embargo is surely a nonsense as there is one any until January
TTP arrangements are common practice and acknowledged by HMRC as an accepted proposal
It's better than companies taking out COVID low interest bank loans when they don't need them
The embargo is surely a nonsense as there is one any until January
Oh sorry I thought you meant my reaction.
I dunno, AFAIK the board would have a legal responsibility to accept the bid that got their creditors the most money back, no?
Can we start a GoFundMe for @shmmeee to have a few beers in Lloyds?
I was comparing £16m to a valuation of £50m and the BH debt of £35m
Well it’s not worth that. But ultimately it’s worth what people will pay. And if you won’t pay more than someone else you won’t pay what it’s worth.
Unless we’re now claiming Duggins is mind controlling Mike Ashley in which case he could be doing much better stuff with it like finding someone other than Jim O’Boyle to head up regeneration.
And yet I'm a teacher and you work in IT
And yet I'm a teacher and you work in IT
I don't think he does.
Ben Sheaf! Ben Sheaf!Here, here.
Switch off and back on again merchantIt’s fine, beats “works in computers” that I get from most relatives.
If I was Martin Reeves, and I'd come to the conclusion that the council leader was a bit... simple, then I wouldn't be telling him about initial meetings. I'd be thinking that the way to get what I wanted was to dazzle him with figures, presentations, whizzy graphics and everything that Reeves actually does well, to such an extent that Duggins would then be asking where does he sign, without actually having a clue what he was getting behind.
In short, I could well believe Duggins wouldn't know what was going on until a time that a proposal was properly worked up.
I still think the offer seems more than generous, tbf.
Based on previous comments, I wonder if Tim Fisher does too...?
Bondholders have 270 quid to go. I think all they need to do is to put this early settlement to bed and wait around a little for it all to unravel for everyone else, and it will make their position much stronger in the long run in getting all their money back.
I'd have expected more like add £10M on top of that but it is AshleyNo - I am of a mind that sum was not in anyone's thinking.
Nobody is going to give them £35 million
Anybody want to tell Just Stop Oil that CCC are funding loads of oily stuff just to see if they kick off?
what's the actual process here. if the bondholders object is that it, they can't do the quick sale to Ashley. Trustee can hardly get up and say it's all fine from the bondholders side if they've engaged their own representative to say it isn't.Bondholders have 270 quid to go. I think all they need to do is to put this early settlement to bed and wait around a little for it all to unravel for everyone else, and it will make their position much stronger in the long run in getting all their money back.
I would think wow that’s brillaint we may have a chance of uniting the ground and the clubOh sorry I thought you meant my reaction.
I dunno, AFAIK the board would have a legal responsibility to accept the bid that got their creditors the most money back, no?
what's the actual process here. if the bondholders object is that it, they can't do the quick sale to Ashley. Trustee can hardly get up and say it's all fine from the bondholders side if they've engaged their own representative to say it isn't.
if it doesn't go through is it straight into administration?
Need to tread carefully D, you’re beginning to make it sound like you’ve got a few grand’s worth of those bonds yourselfIf you really had money in this, NW, then I suspect you wouldn't be quite as phlegmatic about it either.
Don't get me wrong, I've no emotional attachment to the investors, but I can see why a lot of them feel as though they've been stitched up.
I can see there's been almost £15,000 pledged towards having their say in court, by almost 100 investors. Bondholders are only being asked to commit a very small percentage of their nominal holdings towards the fees, which makes me think that between them they're holding a lot of bonds. It'll be interesting to see how this plays out in court... If nothing else I suspect the Trustee might be getting a bit uncomfortable.
It wouldn’t have gone ahead. It would have gone to council and been rejected. As every councillor has made clear.
what's the actual process here. if the bondholders object is that it, they can't do the quick sale to Ashley. Trustee can hardly get up and say it's all fine from the bondholders side if they've engaged their own representative to say it isn't.
if it doesn't go through is it straight into administration?
Need to tread carefully D, you’re beginning to make it sound like you’ve got a few grand’s worth of those bonds yourself
And screw over bondholders/creditors/local businesses in the process.You’re missing what he’s saying - do a Wasps, bullshit the council to curry favour, get the arena and say we can’t afford it sorry
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