ChalkyWhiteIsGod
TOLD YOU SO
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« Reply #5370 on: Friday, August 18, 2023, 15:52:35 » |
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The more I read on this thread the more convinced I am Clem did absolutely the right & best thing for this football in borrowing the money needed in return for shares. I think that is now a pretty universal opinion.
The need to hide it still seems a bit odd to me.
It’s almost coming across now Clem’s too proud to admit he needed help and hoped no one would notice.
Think now the worst thing in this thread is that odious cunt Ranford is still knocking about. About time someone gave him a good kicking…
Yeah, agree on both fronts. Why the fuck is he knocking about? And our illustrious matchday guest. I'm glad Adam Hart hasn't been seen or heard of for a while, at least that is one thing. Clem needs to do what he can to cut these chancers out ASAP to win a lot of people over.
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horlock07
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Lives in Northern Bastard Outpost
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« Reply #5371 on: Friday, August 18, 2023, 15:59:08 » |
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The more I read on this thread the more convinced I am Clem did absolutely the right & best thing for this football in borrowing the money needed in return for shares. I think that is now a pretty universal opinion.
The need to hide it still seems a bit odd to me.
It’s almost coming across now Clem’s too proud to admit he needed help and hoped no one would notice.
I suspect there is a bit of ego but also a bit of realising that in business he probably didn't want anyone knowing he was struggling, plus I suspect there was also a suspicion that it would cause absolute uproar, which it rather has. The fact that it has shown up on CH suggests that its all rather more above board than things have been done previously, albeit may have been an idea to do some softening up before the Confirmation Statement was lodged.
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ChalkyWhiteIsGod
TOLD YOU SO
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« Reply #5372 on: Friday, August 18, 2023, 16:08:09 » |
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£2.9m cash is hardly small change to find on short notice though, is it? Its hardly that damning of Clem to have to lend it.
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Nemo
Shit Bacon
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« Reply #5373 on: Friday, August 18, 2023, 16:10:24 » |
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£2.9m cash is hardly small change to find on short notice though, is it? Its hardly that damning of Clem to have to lend it.
Agreed. The strangest thing is who he seems to have chosen to borrow it from...
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Batch
Not a Batch
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« Reply #5374 on: Friday, August 18, 2023, 16:13:11 » |
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Agreed. The strangest thing is who he seems to have chosen to borrow it from... and felt the need not to mention it
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4D
Or not 4D that is the question
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I can't bear it 🙄
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« Reply #5375 on: Friday, August 18, 2023, 16:24:54 » |
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Not mentioned in the Jan 23 AB notes, just the 2.95m debenture down to zero in the debt table.
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The Artist Formerly Known as Audrey
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?Absolute Calamity!?
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« Reply #5376 on: Friday, August 18, 2023, 16:38:05 » |
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Agreed. The strangest thing is who he seems to have chosen to borrow it from...
Couldn’t have been that many to choose from.
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Laddy in Red
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« Reply #5377 on: Friday, August 18, 2023, 16:45:02 » |
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It's possible the other parties didn't want it announced and was therefore a condition of the loan. Who the fuck knows.
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ThreeDrawsMentality
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« Reply #5378 on: Friday, August 18, 2023, 16:48:55 » |
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Couldn’t have been that many to choose from.
Even so, why did he hide it?
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The Artist Formerly Known as Audrey
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?Absolute Calamity!?
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« Reply #5379 on: Friday, August 18, 2023, 17:15:34 » |
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Well, that’s really the only question that needs answering.
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Posh Red
Posh by name, Posh by nature
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« Reply #5380 on: Friday, August 18, 2023, 17:17:58 » |
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Well, that’s really the only question that needs answering.
Nope, it’s when it became public knowledge why did he feel the need to basically deny it by saying it’s a mistake?
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The Artist Formerly Known as Audrey
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?Absolute Calamity!?
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« Reply #5381 on: Friday, August 18, 2023, 17:54:04 » |
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One answer will cover both those questions I think
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Nemo
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« Reply #5382 on: Friday, August 18, 2023, 19:08:17 » |
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I know we've had a lot of bad news this week already but the Cheltenham fan is asking about being elected to the Trust board...
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Batch
Not a Batch
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« Reply #5383 on: Friday, August 18, 2023, 19:41:05 » |
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Well, that’s really the only question that needs answering. Would the money have been released if it was known? I can't see why not, but it was mentioned elsewhere
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bathford
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« Reply #5384 on: Friday, August 18, 2023, 19:50:25 » |
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Even so, why did he hide it?
Perhaps it was good old pride?
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