New beginnings - 25% Truth, 80% Bollocks

[Bob1978]

When I ordered the 3rd shirt they packed and sent me two by mistake.
So I took one back for a full refund #freeloader

Do not feel guilty.

Is it me or did you also admit to getting in on a junior ticket earlier in this thread?
Either way it makes you a Tw@t

[Batch]

Not sure he's being serious. More a dig at being a freeloader?

[The Artist Formerly Known as Audrey]

Is it me or did you also admit to getting in on a junior ticket earlier in this thread?
Either way it makes you a Tw@t

We’re all twats on here. Haven’t you noticed?

[DiV]

Is it me or did you also admit to getting in on a junior ticket earlier in this thread?
Either way it makes you a Tw@t

It’s you.

I struggled to get in on a junior ticket when I was a junior: let alone pushing 40…

[4D]

Does DV get 9 free shirts a season? 

[Quagmire]

Is it me or did you also admit to getting in on a junior ticket earlier in this thread?
Either way it makes you a Tw@t

It’s you.
What he actually said was he has nicked a wheelchair from a hospital and gets in on a disabled ticket.

[Nemo]

It’s you.
What he actually said was he has nicked a wheelchair from a hospital and gets in on a disabled ticket.

Boo! Chuck him in the stocks! Make him eligible!

[DiV]

It’s you.
What he actually said was he has nicked a wheelchair from a hospital and gets in on a disabled ticket.

I was out running when you posted this

[The Artist Formerly Known as Audrey]

Here’s the pic to prove it

[ChalkyWhiteIsGod]

How much actual up front capital is a new owner/consortium going to actually need to oust Clem and the crooks/hangers on do we think?

Clem wants £15m but lets be honest, he won't be getting that and he definitely won't be getting it up front.

I can't imagine he'd fuck off for a quid and the new owners take the figure owed out of the club to pay him over a period of time either.

[RobertT]

Given the Balance Sheet, and the fact he now doesn't own 100%, you expect a couple of million upfront and an agreement to repay the Directors Loans over a period of time would end up being sufficient.  The freehold and new lease give them that bit extra, but there isn't any planning permission or agreed contracts in place yet on the ground.  The business has few assets on the books other than that.

[The Artist Formerly Known as Audrey]

It’s got to the stage now whereby nobody knows what to believe - pretty much a similar situation to the death throes of the Power era. He got the club for a pittance and, as far as we know, has consolidated a load of debt in his name.

Unless, and until, the accounts are scrutinised it’s difficult to tell how ‘healthy’ the club is - or isn’t. But you’ve got to think that the heel dragging of keeping the accounts from the Trust’s prying eyes doesn’t augur well.

Based on not much, I reckon he’d flog it for £7m.

[ChalkyWhiteIsGod]

Given the Balance Sheet, and the fact he now doesn't own 100%, you expect a couple of million upfront and an agreement to repay the Directors Loans over a period of time would end up being sufficient.  The freehold and new lease give them that bit extra, but there isn't any planning permission or agreed contracts in place yet on the ground.  The business has few assets on the books other than that.

Yeah that is what I'm expecting. How much are the loans up to now?

[The Artist Formerly Known as Audrey]

Can he sell the club without having to ask ‘others’ for permission?

[RobertT]

Somewhere between 4.8m and 6m to Clem I think - we really do not know about the portion paid by Kiely and team though.  They may or may not appear as loans against their own names, funneled via Clem or just as pure share equity, who knows.  It could well stretch to 7m all in.  Assuming he is true to his word (yikes) something like 700k a year for 10 years.  You factor that into any bid, that you need to be confident of finding that much extra revenue or cost savings to cover it.