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Author Topic: CVA Shambles  (Read 13324 times)
Colin Todd

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« Reply #15 on: Tuesday, July 29, 2008, 08:43:38 »

FFS.  Fuck off Diamandis
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magicroundabout
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« Reply #16 on: Tuesday, July 29, 2008, 08:46:56 »

in that case.
mike, your a fat cunt.

now sue my arss for telling the truth
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Samdy Gray
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« Reply #17 on: Tuesday, July 29, 2008, 08:47:11 »

Interestingly, the original CVA proposal makes reference to a contract with a "marketing agency" which was a five year contract worth £150,000 (so £750,000 in total), but the contract was terminated prior to the old board being appointed and it forms a contingent liability. In short, the CVA proposal says that this should only be payable if the CVA was to fail.

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Rich Pullen

« Reply #18 on: Tuesday, July 29, 2008, 08:49:09 »

I'm no businessman, not by a long way - Just how likely is it that they will get the money they're wanting?
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michael
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« Reply #19 on: Tuesday, July 29, 2008, 08:50:17 »

So let me get this right, there's a pot of £900k to pay the creditors, and suddenly one has upped their claim. So as far as the club is concerned the money has been paid and it's up to others to decide who it goes to. Yes?
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BANGKOK RED

« Reply #20 on: Tuesday, July 29, 2008, 08:51:34 »

Interestingly, the original CVA proposal makes reference to a contract with a "marketing agency" which was a five year contract worth £150,000 (so £750,000 in total), but the contract was terminated prior to the old board being appointed and it forms a contingent liability. In short, the CVA proposal says that this should only be payable if the CVA was to fail.



And in doing this they could make the CVA fail, and so either way they have 750 k coming to them?
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Panda Paws

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« Reply #21 on: Tuesday, July 29, 2008, 08:51:49 »

Unbelievable.

What a complete a total tool.

I read the piece in the Adver before this and my jaw just hit the floor.

I dread to think what would happen if he ever showed his face in Swindon again.
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Rich Pullen

« Reply #22 on: Tuesday, July 29, 2008, 08:55:36 »

As sad as it is the one thing I've learned is to always anticipate these things coming back to haunt us... Even I was beginning to sleep easier.

Grrrrr.
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Batch
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« Reply #23 on: Tuesday, July 29, 2008, 08:55:53 »

and it forms a contingent liability. In short, the CVA proposal says that this should only be payable if the CVA was to fail.

Assuming it is the same claim, and your reading is correct (don't mean that nastily, sounds a bit complicated to me).

I'm no businessman, not by a long way - Just how likely is it that they will get the money they're wanting?

I guess nobody but the administrator can answer that given there is no detail on what they are claiming for.
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Rich Pullen

« Reply #24 on: Tuesday, July 29, 2008, 08:56:49 »

Assuming it is the same claim, and your reading is correct (don't mean that nastily, sounds a bit complicated to me).

I guess nobody but the administrator can answer that given there is no detail on what they are claiming for.

Are there any chances of (for want of a better phrase) a statement from the club of some sort?
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Reg Smeeton
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« Reply #25 on: Tuesday, July 29, 2008, 08:56:59 »

  I'm no accountant....but this looks to be a crisis.  Well we haven't had one for a good few months.

  I supppose the bottom line is can the Board be bothered to sort it....or will they wash their hands and cut their losses.

 The poor uptake on season tickets might not have helped, and the early momentum on the pitch seems to have at best levelled off.

  With the Power thing still in the loop....it's not looking good. 

  What, as fans can we do, to let AF and Co know that we appreciate their efforts and recognise it may be a while before we start to progress?
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ghanimah

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« Reply #26 on: Tuesday, July 29, 2008, 08:57:53 »

Fucking fat greek cunt.

He can come to Bangkok looking for me if he wants.

I don't think there's much wrong, legally, calling him that anyway, however if you were to say 'fuck off you thieving, lying, corrupt bastard' then that would be a different matter - which of course he isn't obviously
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"We perform the duties of freemen; we must have the privileges of freemen ..."
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« Reply #27 on: Tuesday, July 29, 2008, 08:59:39 »

What, as fans can we do, to let AF and Co know that we appreciate their efforts and recognise it may be a while before we start to progress?

What is his email address?
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Panda Paws

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« Reply #28 on: Tuesday, July 29, 2008, 09:03:58 »

What is his email address?

Can you imagine getting into the office to find several hundred emails saying "there's only one Andrew Fitton"?

Especially if we send them to the wrong person!
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Rich Pullen

« Reply #29 on: Tuesday, July 29, 2008, 09:04:54 »

Can you imagine getting into the office to find several hundred emails saying "there's only one Andrew Fitton"?

My e-mail would be more like an appreciative beg to keep the faith.
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