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If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 1:45 pm

I can only think its because they are wating for administration ?

What other reason could it be.

We need the support NOW.

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 1:46 pm

Waiting for the removal of an obstacle.

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 2:05 pm

if you could hang on 2 weeks to buy something at 75%-80% less than you would pay for it now wouldnt you? :ayatollah:

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 2:16 pm

Text Riddler and ask him ;)

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 2:30 pm

I'm sure the feeling were a while back that they would be more stepping in come the end of February. I'm sure that what was going around a month or so ago. Since then though we have had these Americans and Steele around so everyone sort of gave up on the Malaysians.

Why the end of February though I cannot work out.

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 2:51 pm

Bakedalasker wrote:I'm sure the feeling were a while back that they would be more stepping in come the end of February. I'm sure that what was going around a month or so ago. Since then though we have had these Americans and Steele around so everyone sort of gave up on the Malaysians.

Why the end of February though I cannot work out.


Just before Sam signed the Langston agreement, Annis posted some info he had. Basically it went along the lines of the club must half it's debt or accept 10p per share now for Malaysian involvement.

Since then we have had the Langston agreement (which saved around £7m and possibly more).

We know the £1.2m owed to the taxman should be paid soon with a repayment schedule for the outstanding £1.5m set out.

The House of Sport liability of £3m will be gone once Borley takes the project over.

I assume our £3m season ticket money has been used to reduce other debts, which in theory would leave us somewhere near reducing over all debt by half.

The above is only my opinion, but I do believe the delay is directly associated with the level of debt and the share asking price. The debt issue we know won't be sorted until the end of February

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 3:09 pm

Lawnmower wrote:I can only think its because they are wating for administration ?

What other reason could it be.

We need the support NOW.


They are waiting on the departure of the one and only PR :evil:

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 3:18 pm

Forever Blue wrote:
Lawnmower wrote:I can only think its because they are wating for administration ?

What other reason could it be.

We need the support NOW.


They are waiting on the departure of the one and only PR :evil:



He is not going anyway , so it doesn't look good.

Re: If the Malaysians are serious then WHY are they delaying ?

Sat Feb 06, 2010 3:26 pm

Forever Blue wrote:
Lawnmower wrote:I can only think its because they are wating for administration ?

What other reason could it be.

We need the support NOW.


They are waiting on the departure of the one and only PR :evil:



Surely he'd walk if this was the case ? He'd get his money for his shares then.

If not why arent the major shareholders forcing him out ?