can someone please debt to equity

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In reality he is just writing off the debt that he himself is ultimately responsible for. But in typical Tan fashion he is trying to make himself look the hero, and blame other people (like Malky and Ole). Completely ignoring the fact that they did not sign the cheques, that was down to him (or HIS appointed representative/CEO). So any debt created on his watch is his responsibility, no matter how much time and money he spends trying to pass the blame to others.

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In reality he is just writing off the debt that he himself is ultimately responsible for. But in typical Tan fashion he is trying to make himself look the hero, and blame other people (like Malky and Ole). Completely ignoring the fact that they did not sign the cheques, that was down to him (or HIS appointed representative/CEO). So any debt created on his watch is his responsibility, no matter how much time and money he spends trying to pass the blame to others.

You keep telling yourself that.If you repeat it often enough you might even believe it yourself.

Let me ask you.do you work and if you do,do your bosses trust you to do your job.Do you know the meaning of the word m-a-n-a-g-e-r.

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In reality he is just writing off the debt that he himself is ultimately responsible for. But in typical Tan fashion he is trying to make himself look the hero, and blame other people (like Malky and Ole). Completely ignoring the fact that they did not sign the cheques, that was down to him (or HIS appointed representative/CEO). So any debt created on his watch is his responsibility, no matter how much time and money he spends trying to pass the blame to others.

You keep telling yourself that.If you repeat it often enough you might even believe it yourself.

Let me ask you.do you work and if you do,do your bosses trust you to do your job.Do you know the meaning of the word m-a-n-a-g-e-r.

Why have you put - in the words manager? Did someone have to spell it out for you?
A manager can mean nothing. The public services (council, NHS, civil service etc)are full of managers, but do not have responsibility or accountability. It is just a title and justification for high wages. Are you one of these or a teacher? As you do not understand the concept of responsibility and accountability.

For your info. I am a company director. We have a manager, who runs the day to day functions. He even appoints the staff, accompanied by another director. I just sign off the "cheques" for wages, bills etc. Therefore I know what money goes in and out of the company. On any given day I can tell the financial position of the company. These are presented at regular board meetings. As a director (company owner) I am personally accountable and responsible for the financial state of the company and that it is run correctly. For legal, H&S, HMRC issues the buck stops with me, not the manager.

Our manager (just like Malky and Ole) does not sign the cheques. He makes recommendations, but the directors decide who and what to pay. It is our decision and our responsibility. If the manager does commit fraud or does anything "dodgy" then directors can evade their responsibility as they placed trust in the manager, but we would have to prove this. Tan has tried and failed to do this with Malky or Ole.

I hope that is explained simply enough for you to understand?






Do you understand the words accountability and responsibility?

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In reality he is just writing off the debt that he himself is ultimately responsible for. But in typical Tan fashion he is trying to make himself look the hero, and blame other people (like Malky and Ole). Completely ignoring the fact that they did not sign the cheques, that was down to him (or HIS appointed representative/CEO). So any debt created on his watch is his responsibility, no matter how much time and money he spends trying to pass the blame to others.

You keep telling yourself that.If you repeat it often enough you might even believe it yourself.

Let me ask you.do you work and if you do,do your bosses trust you to do your job.Do you know the meaning of the word m-a-n-a-g-e-r.

Why have you put - in the words manager? Did someone have to spell it out for you?
A manager can mean nothing. The public services (council, NHS, civil service etc)are full of managers, but do not have responsibility or accountability. It is just a title and justification for high wages. Are you one of these or a teacher? As you do not understand the concept of responsibility and accountability.

For your info. I am a company director. We have a manager, who runs the day to day functions. He even appoints the staff, accompanied by another director. I just sign off the "cheques" for wages, bills etc. Therefore I know what money goes in and out of the company. On any given day I can tell the financial position of the company. These are presented at regular board meetings. As a director (company owner) I am personally accountable and responsible for the financial state of the company and that it is run correctly. For legal, H&S, HMRC issues the buck stops with me, not the manager.

Our manager (just like Malky and Ole) does not sign the cheques. He makes recommendations, but the directors decide who and what to pay. It is our decision and our responsibility. If the manager does commit fraud or does anything "dodgy" then directors can evade their responsibility as they placed trust in the manager, but we would have to prove this. Tan has tried and failed to do this with Malky or Ole.

I hope that is explained simply enough for you to understand?






Do you understand the words accountability and responsibility?

Great post and beautifully explained.

In layman's terms
where does the money go, does tan own more shares!!!!!!! What happens if he sells up
I am confused..

In reality he is just writing off the debt that he himself is ultimately responsible for. But in typical Tan fashion he is trying to make himself look the hero, and blame other people (like Malky and Ole). Completely ignoring the fact that they did not sign the cheques, that was down to him (or HIS appointed representative/CEO). So any debt created on his watch is his responsibility, no matter how much time and money he spends trying to pass the blame to others.

He made a lot of the debt granted

He also spent £12m on the stadium settled over £30'm owed to other creditors and had to put in £2m a month for well over a season to pay for the day to day running of the club as we'd already spent all income for a whole season before it had started so whilst a large proportion is tans doing a very large portion is also not down to him but what he inherited

The fact he's now written it off is a good thing that only a select few will still criticise

I'd rather be issues himself 100m in shares than have the debt on our clubs balance sheet this is much more likely to give a buyer a reason to make him an offer than a club sat over £150m in debt