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25% => The Boardroom => Topic started by: Batch on Thursday, February 22, 2007, 15:50:49



Title: CVA
Post by: Batch on Thursday, February 22, 2007, 15:50:49
http://www.truststfc.co.uk/news_item.php?id=1040

Get it here!


Title: CVA
Post by: Chubbs on Thursday, February 22, 2007, 16:24:04
all 92 pages of it


Title: CVA
Post by: RobertT on Thursday, February 22, 2007, 16:31:14
Fuck me.  i note the £150k per year contract with a Marketing company!!

Good old Lady Wills and her loans.  What happened to STPL shareholding, is that with St Modwen or did Wills get that back?

Wills has been at Board level for al bar 15 months out of the pst 13 years!  Can't really be blaming anyone else now.

CVA not dependent on Ground development - note that bit Diamandis please.

For some reason I thought SSW had loaned more up to the date of the CVA beginning.  Be Interesting to see how the current Balance sheet compares.


Title: CVA
Post by: Piemonte on Thursday, February 22, 2007, 16:38:10
:ha: :shrug:  :emo:  
Quote from: "RobertT"
current Balance sheet


Title: CVA
Post by: millom red on Thursday, February 22, 2007, 18:09:27
Is there one? Or has diamandis used it to wipe his grubby arse with?


Title: CVA
Post by: Frasier3 on Thursday, February 22, 2007, 18:52:38
Quote from: "RobertT"


CVA not dependent on Ground development - note that bit Diamandis please.



Andronikou tried to defend himself by referring to page 11. Now that I have read it, it seems clear that the CVA is not dependent on ground development.

With his performance last night I think serious doubts should be raised about his ability.


Title: CVA
Post by: Panda Paws on Thursday, February 22, 2007, 19:14:29
One what I spotted:

3.14 The Supervisors will in their absolute discretion, if they thought it to be to the advantage of the Unconnection... blah ... discuss any possible amendments to the CVA in the light of change of circumstances.


Title: CVA
Post by: TalkTalk on Thursday, February 22, 2007, 19:24:47
Quote from: "Chris K"
One what I spotted:

3.14 The Supervisors will in their absolute discretion, if they thought it to be to the advantage of the Unconnection... blah ... discuss any possible amendments to the CVA in the light of change of circumstances.

Yeah, "discuss".

He can discuss as much as he wants.

It's the creditors who have the say.

It would be good to get HMR&C's take on this.


Title: CVA
Post by: Simon Pieman on Thursday, February 22, 2007, 19:27:37
And he can call a meeting. A meeting hasn't taken place otherwise he would have said so


Title: CVA
Post by: Panda Paws on Thursday, February 22, 2007, 19:30:52
Quote from: "TalkTalk"
Quote from: "Chris K"
One what I spotted:

3.14 The Supervisors will in their absolute discretion, if they thought it to be to the advantage of the Unconnection... blah ... discuss any possible amendments to the CVA in the light of change of circumstances.

Yeah, "discuss".

He can discuss as much as he wants.

It's the creditors who have the say.

It would be good to get HMR&C's take on this.


Indeed so - I only pulled it out because it seems to be the loophole the board are banking on, no other reason. Was quoted with no opinions :)


Title: CVA
Post by: TalkTalk on Thursday, February 22, 2007, 19:32:54
Quote from: "Chris K"
Indeed so - I only pulled it out because it seems to be the loophole the board are banking on, no other reason. Was quoted with no opinions :)

No, fair comment.

I was replying to Andronikou's face (in my imagination).

 :x