Fri Aug 03, 2012 7:05 am
Forever Blue wrote:BigGwynram wrote:Or were we told that once a deal could be sorted out with Langston then VT would transfer his investment to equity. Because that's what I remember from the initial meetings, VT could not and would not turn it to equity until the deal was done with Langston, isn't that still the same as it is at this present moment, or have I missed something?
We were promised a £100mill investment, not a £100 mill loan, true or not ?
For over 2yrs they have also said at the shareholders meetings, they were turning the loans in to shares, all facts.
Fri Aug 03, 2012 7:06 am
bluebird1977 wrote:Forever Blue wrote:BigGwynram wrote:Or were we told that once a deal could be sorted out with Langston then VT would transfer his investment to equity. Because that's what I remember from the initial meetings, VT could not and would not turn it to equity until the deal was done with Langston, isn't that still the same as it is at this present moment, or have I missed something?
We were promised a £100mill investment, not a £100 mill loan, true or not ?
For over 2yrs they have also said at the shareholders meetings, they were turning the loans in to shares, all facts.
I believe we will be getting told the same in the next shareholders meeting on the 16th of this month
Unless a deals done by then and its all rolling anyway.
Fri Aug 03, 2012 7:40 am
Forever Blue wrote:BigGwynram wrote:Or were we told that once a deal could be sorted out with Langston then VT would transfer his investment to equity. Because that's what I remember from the initial meetings, VT could not and would not turn it to equity until the deal was done with Langston, isn't that still the same as it is at this present moment, or have I missed something?
We were promised a £100mill investment, not a £100 mill loan, true or not ?
For over 2yrs they have also said at the shareholders meetings, they were turning the loans in to shares, all facts.
Fri Aug 03, 2012 7:49 am
BigGwynram wrote:Forever Blue wrote:BigGwynram wrote:Or were we told that once a deal could be sorted out with Langston then VT would transfer his investment to equity. Because that's what I remember from the initial meetings, VT could not and would not turn it to equity until the deal was done with Langston, isn't that still the same as it is at this present moment, or have I missed something?
We were promised a £100mill investment, not a £100 mill loan, true or not ?
For over 2yrs they have also said at the shareholders meetings, they were turning the loans in to shares, all facts.
But read the statement as Steve Davies posted, until the deal is done with Langston, it can't be turned into equity, I'm sure we were all made aware of that, what has changed? and at the end of the day, the debt is only on the books, it is VT's debt to himself when he owns the club fully.
Fri Aug 03, 2012 7:58 am
Fri Aug 03, 2012 8:04 am
Forever Blue wrote:BigGwynram wrote:Forever Blue wrote:BigGwynram wrote:Or were we told that once a deal could be sorted out with Langston then VT would transfer his investment to equity. Because that's what I remember from the initial meetings, VT could not and would not turn it to equity until the deal was done with Langston, isn't that still the same as it is at this present moment, or have I missed something?
We were promised a £100mill investment, not a £100 mill loan, true or not ?
For over 2yrs they have also said at the shareholders meetings, they were turning the loans in to shares, all facts.
But read the statement as Steve Davies posted, until the deal is done with Langston, it can't be turned into equity, I'm sure we were all made aware of that, what has changed? and at the end of the day, the debt is only on the books, it is VT's debt to himself when he owns the club fully.
Then perhaps they should of held back on the stripping of our clubs identity, if they could not guarantee this. But at least uve stated that u will be the first one over the fence against them if they have not delivered it within the next 6 months from July.