Thu Mar 29, 2012 11:14 pm
Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
Thu Mar 29, 2012 11:16 pm
2blue2handle wrote:So we should stop loaning money and go bust?
I though u wanted more players?
How does Tan get money back from a business losing mass amounts of money again?
Thu Mar 29, 2012 11:18 pm
Overthemoon wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
If or when the Malaysians become the large majority shareholders, what do you think they've got to gain by racking up a bigger debt?
Thu Mar 29, 2012 11:22 pm
Angry Man wrote:Overthemoon wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
If or when the Malaysians become the large majority shareholders, what do you think they've got to gain by racking up a bigger debt?
Higher interest rates which generate more profits for them personally leaving the club more out of pocket over that period.
Thu Mar 29, 2012 11:22 pm
Thu Mar 29, 2012 11:25 pm
Overthemoon wrote:Angry Man wrote:Overthemoon wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
If or when the Malaysians become the large majority shareholders, what do you think they've got to gain by racking up a bigger debt?
Higher interest rates which generate more profits for them personally leaving the club more out of pocket over that period.
So they'll end up owing themselves a lot of money then?
Thu Mar 29, 2012 11:30 pm
Angry Man wrote:2blue2handle wrote:So we should stop loaning money and go bust?
I though u wanted more players?
How does Tan get money back from a business losing mass amounts of money again?
Blue, with all due respect you are completely out of your depth here. As an example if you have two creditors who are charing you 2% for monies loaned then would it be beneficial to transfer those debts to a different creditor for 4%..? Of course not because I would end up paying more for the same amount of money owed so surely that 'could' be the same here.
Thu Mar 29, 2012 11:38 pm
Angry Man wrote:Overthemoon wrote:Angry Man wrote:Overthemoon wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
If or when the Malaysians become the large majority shareholders, what do you think they've got to gain by racking up a bigger debt?
Higher interest rates which generate more profits for them personally leaving the club more out of pocket over that period.
So they'll end up owing themselves a lot of money then?
What..? Uneducated comments like that just shows the IQ level on this board at times. The Peter Ridsdale school of business must be full of AAMB members these days,
Thu Mar 29, 2012 11:39 pm
2blue2handle wrote:Angry Man wrote:2blue2handle wrote:So we should stop loaning money and go bust?
I though u wanted more players?
How does Tan get money back from a business losing mass amounts of money again?
Blue, with all due respect you are completely out of your depth here. As an example if you have two creditors who are charing you 2% for monies loaned then would it be beneficial to transfer those debts to a different creditor for 4%..? Of course not because I would end up paying more for the same amount of money owed so surely that 'could' be the same here.
Well dodged
So how does tan get his money back from a company even more in debt and losing even more money?
And how would spending more in jan which you kept on about helped?
Thu Mar 29, 2012 11:41 pm
Overthemoon wrote:Angry Man wrote:Overthemoon wrote:Angry Man wrote:Overthemoon wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
If or when the Malaysians become the large majority shareholders, what do you think they've got to gain by racking up a bigger debt?
Higher interest rates which generate more profits for them personally leaving the club more out of pocket over that period.
So they'll end up owing themselves a lot of money then?
What..? Uneducated comments like that just shows the IQ level on this board at times. The Peter Ridsdale school of business must be full of AAMB members these days,
I'm fully aware that there are ways of racking up a load of debt, pulling the plug and then walking away with a pretty profit, whilst leaving the club in the mire, but as the Malaysians have been so prudent and honouring our historic debts, do you really think that this is their plan, or are you just shit stirring again?
Whilst we are on about the levels of IQ's on here though, do you think that its wise for councillors to make racist comments on message boards, which end up with the threads having to be deleted?
Thu Mar 29, 2012 11:41 pm
Thu Mar 29, 2012 11:48 pm
2blue2handle wrote:And you think Sam or Langston will profit in the end?
SO Angry Man, you seem quite an impressively clever pperson, in your opinion what should the Malaysians do? besides hand over a money tree
Thu Mar 29, 2012 11:51 pm
Angry Man wrote:2blue2handle wrote:And you think Sam or Langston will profit in the end?
SO Angry Man, you seem quite an impressively clever pperson, in your opinion what should the Malaysians do? besides hand over a money tree
Of course they will.
As Ive said all along, come clean of excatly they are going to do so that the supporters can scrutinise any steps they make. At the moment everything seems idle or even going backwards especially when the latest set of accounts shown increased debt levels.
Fri Mar 30, 2012 12:00 am
Angry Man wrote:Who's a Councillor...? Where have I been raist in my comments..? and they haven't been honouring the clubs historic debts because as it stands Langston haven't been paid a penny.
Fri Mar 30, 2012 12:05 am
2blue2handle wrote:Angry Man wrote:2blue2handle wrote:And you think Sam or Langston will profit in the end?
SO Angry Man, you seem quite an impressively clever pperson, in your opinion what should the Malaysians do? besides hand over a money tree
Of course they will.
As Ive said all along, come clean of excatly they are going to do so that the supporters can scrutinise any steps they make. At the moment everything seems idle or even going backwards especially when the latest set of accounts shown increased debt levels.
Very much doubt that..
No I mean what should they actually do, you say spend on players but reduce the debt.
You say they wont take over but if they pay off other creditors thats bad?
What would make V Tan a "good person" in your books except give us money for a laugh
Fri Mar 30, 2012 12:07 am
Overthemoon wrote:Angry Man wrote:Who's a Councillor...? Where have I been raist in my comments..? and they haven't been honouring the clubs historic debts because as it stands Langston haven't been paid a penny.
Point 1. Deny the councillor bit as much as you want, but you were the cause of a thread being deleted last week, as you made racist remarks!
Point 2. They have been honouring historic debts, as they have paid up many local businesses that weren't expecting to get their money and correct me if I'm wrong, but haven't the Malaysians been paying around £80,000 to £90,000 per month to Langston? The fact that they are doing this and continuing with their negotiations with Sam in the meantime, makes complete sense to me and makes them totally honourable IMO!
Fri Mar 30, 2012 12:10 am
Fri Mar 30, 2012 12:15 am
2blue2handle wrote:His current interest rate is 7% I believe, same as Langston and Lower than some others. I don't have a crystal ball so no idea what the future interest rate would be but we haven't been paying langstones. We only know that the Malaysians can turn debt into shares at anytime they want.
So you don't have an opinion on what they should do but constantly snipe at everything that they do.
Fri Mar 30, 2012 12:18 am
Angry Man wrote:Overthemoon wrote:Angry Man wrote:Who's a Councillor...? Where have I been raist in my comments..? and they haven't been honouring the clubs historic debts because as it stands Langston haven't been paid a penny.
Point 1. Deny the councillor bit as much as you want, but you were the cause of a thread being deleted last week, as you made racist remarks!
Point 2. They have been honouring historic debts, as they have paid up many local businesses that weren't expecting to get their money and correct me if I'm wrong, but haven't the Malaysians been paying around £80,000 to £90,000 per month to Langston? The fact that they are doing this and continuing with their negotiations with Sam in the meantime, makes complete sense to me and makes them totally honourable IMO!
I will correct you because they have fallen back on a previous agreement with Langston and no payment has ever been made. Because of that the only reasons why they are negotiating with Sam again is because he could take them back to the high court due to payments not being made.
Fri Mar 30, 2012 12:23 am
Fri Mar 30, 2012 12:24 am
Overthemoon wrote:Angry Man wrote:Overthemoon wrote:Angry Man wrote:Who's a Councillor...? Where have I been raist in my comments..? and they haven't been honouring the clubs historic debts because as it stands Langston haven't been paid a penny.
Point 1. Deny the councillor bit as much as you want, but you were the cause of a thread being deleted last week, as you made racist remarks!
Point 2. They have been honouring historic debts, as they have paid up many local businesses that weren't expecting to get their money and correct me if I'm wrong, but haven't the Malaysians been paying around £80,000 to £90,000 per month to Langston? The fact that they are doing this and continuing with their negotiations with Sam in the meantime, makes complete sense to me and makes them totally honourable IMO!
I will correct you because they have fallen back on a previous agreement with Langston and no payment has ever been made. Because of that the only reasons why they are negotiating with Sam again is because he could take them back to the high court due to payments not being made.
Well I'm not going to get into whether Sam deserves to get any money back or not, as it will cause ructions on this board, but how do you know that they have fallen back on a previous agreement?
You accept that many of our other creditors have been paid though?
Fri Mar 30, 2012 12:25 am
Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
Fri Mar 30, 2012 12:26 am
2blue2handle wrote:Sam should take us to court and would get laughed out again
Fri Mar 30, 2012 12:27 am
Fri Mar 30, 2012 12:29 am
Angry Man wrote:2blue2handle wrote:Sam should take us to court and would get laughed out again
Well thats his decision surely but surely if he would be laughed out again then why are the Malaysians re-opened talks with him..?
Fri Mar 30, 2012 12:29 am
Angry Man wrote:2blue2handle wrote:Sam should take us to court and would get laughed out again
Well thats his decision surely but surely if he would be laughed out again then why are the Malaysians re-opened talks with him..?
Fri Mar 30, 2012 12:31 am
since62 wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
Just got back in to pick up on this thread again.
Could just be a transfer of debt , but more likely to be a further share issue , to the Malaysians and/or any new major investor brought in by Mehmet Dalman.
In interest rate terms , both the Malaysians and Langston have been charging (but not getting paid) interest at 7% p.a , PMG at 5% over base rate and S Borley and M Isaac at 3% over base rate in recent years.
Fri Mar 30, 2012 12:34 am
Overthemoon wrote:Do you accept that anybody has been paid then?
HMRC and our shirt suppliers etc!
Fri Mar 30, 2012 12:37 am
2blue2handle wrote:Angry Man wrote:2blue2handle wrote:Sam should take us to court and would get laughed out again
Well thats his decision surely but surely if he would be laughed out again then why are the Malaysians re-opened talks with him..?
He still has a right to be repaid just not yet. A much lower amount for an early payment of an unsecured creditor. Makes sense all round.
Fri Mar 30, 2012 12:38 am
Angry Man wrote:since62 wrote:Angry Man wrote:As you all know I am one of those doubters and will continue to be so until I see different.
However just a couple of points, firstly I will wait until everything is confirmed before really taking this issue seriously and a second point which maybe Keith could help on is that if the Malaysians did come to an agreement with two creditors of the club theres nothing saying that the monies which was outstanding would just be owed to the Malaysians instead with a possible larger interest rate. Or am I missing something..?
Just got back in to pick up on this thread again.
Could just be a transfer of debt , but more likely to be a further share issue , to the Malaysians and/or any new major investor brought in by Mehmet Dalman.
In interest rate terms , both the Malaysians and Langston have been charging (but not getting paid) interest at 7% p.a , PMG at 5% over base rate and S Borley and M Isaac at 3% over base rate in recent years.
Thanks for that info Keith. Whilst you say that it would be more likely a share issue would you agree with me that my theory isn't 'pie in the sky' as others would want to believe on here.