ghanimah
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« on: Friday, July 13, 2007, 08:26:10 » |
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"We perform the duties of freemen; we must have the privileges of freemen ..."
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TalkTalk
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« Reply #1 on: Friday, July 13, 2007, 08:42:41 » |
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"Red rag" and "bull" comes to mind.
I can see HMRC wading in now.
Hope so.
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Simon Pieman
Original Wanker
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« Reply #2 on: Friday, July 13, 2007, 08:44:41 » |
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Wouldn't it be better from a creditors point of view to defer voting to see if the investment actually happens?
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ghanimah
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« Reply #3 on: Friday, July 13, 2007, 08:46:47 » |
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Especially after the Leeds situation, I see the HMRC taking a tougher line.
Not sure why it may take nine months, if a takeover, with significant investment, is imminent
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"We perform the duties of freemen; we must have the privileges of freemen ..."
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fatbury
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« Reply #4 on: Friday, July 13, 2007, 08:49:21 » |
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false dawn confirmed!!
tell em to stuff it!
POWER IN!
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Sippo
Living in the 80s
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Posts: 15626
I ain't gettin on no plane fool
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« Reply #5 on: Friday, July 13, 2007, 08:52:53 » |
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Clever move in my opinion.
If you want your money you'll have to wait, otherwise you won't get any at all. So if you're owed say £50k, you will wait obviously.
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
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Nemo
Shit Bacon
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Posts: 23838
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« Reply #6 on: Friday, July 13, 2007, 08:52:59 » |
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Power to the People.
How, can the takeover be on the horizon but the creditors have to wait nine months? The board are playing a dangerous game here.
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STFCDude2
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« Reply #7 on: Friday, July 13, 2007, 09:27:15 » |
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Nothing ever changes does it!!
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janaage
People's Front of Alba
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« Reply #8 on: Friday, July 13, 2007, 09:29:38 » |
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I am amazed at the lack of good will through out this CVA payment saga. The board has known for a very long time that we would be unable to pay this debt off by June 30th but we wait until July 12 to tell the creditors to wait for their payment. To be fair I'm not a business man, but if I was owed money by this lot I would not be impressed receiving a letter like that.
I imagine the Football League will be looking at our case very closely, how is it we can go out and buy players but then refuse to pay an agreed debt on time?
I am now very worried.
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Ardiles
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Stirlingshire Reds
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« Reply #9 on: Friday, July 13, 2007, 09:30:30 » |
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The creditors need to get heavy now. The 'wait 9 months or get nothing' ploy is pathetic and worthless, because the creditors know that Bill Power will be able to pay the CVA immediately.
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Luci
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Fatbury's Stalker
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« Reply #10 on: Friday, July 13, 2007, 09:32:55 » |
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I cannot understand how we have such a incompetent bunch of people running this club. I'm worried as well. VERY worried.
I want answers today, club statement please.
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STFCDude2
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« Reply #11 on: Friday, July 13, 2007, 09:34:54 » |
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Its just another show of our incompetence when we can pay wages to all these new signings, when we knew we had a CVA payment to make by the end of June. Nothing was said to any of the creditors that we were going to be unable to pay it, and then, two weeks after the deadline, the creditors are being told to wait another 9 months or risk getting nothing!
Sheer incompetence, and shows no business acumen whatsoever. If this takeover truly is imminent, then surely they should be looking at coming in, paying off all the debts, and starting afresh?
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jonbd
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« Reply #12 on: Friday, July 13, 2007, 09:37:41 » |
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Sending out a letter like that, while we are signing up players and "sporting directors" left right and centre, is taking the piss. What the hell are they playing at! Their incompetence seems to ramp up a notch just as we think they can't sink any lower!
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Sippo
Living in the 80s
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Posts: 15626
I ain't gettin on no plane fool
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« Reply #13 on: Friday, July 13, 2007, 09:39:44 » |
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I'm going to be contraversial here.......
They're businessman. Their not stupid. Dunwoody is, from what I gather, a successful company. They know what they're doing and obviously know how to fob off the people they owe money to. They are obviously waiting for big investment down the line somewhere. Most of the creditors would rather have their money so will wait that little longer rather than getting nothing.
*Now awaits hanging........*
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
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Colin Todd
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Posts: 3318
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« Reply #14 on: Friday, July 13, 2007, 09:40:29 » |
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It does seem bizzare. You would have though the 1st thing they would have done with any investors money is pay the fucking CVA  |
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