Sat Jun 16, 2012 7:24 pm
Sat Jun 16, 2012 7:34 pm
Angry Man wrote:He is 'spot on' about his worries over the so-called investment. When people like Keith are sound worried then its time to listen
Sat Jun 16, 2012 7:39 pm
BigGwynram wrote:Angry Man wrote:He is 'spot on' about his worries over the so-called investment. When people like Keith are sound worried then its time to listen
I,ve read it and I was there, and now as then we were told it would be invested as equity and the club would be debt free. It was clear then and it's clear now.
It is a part of the fair play scenario and for us to have the playing budget needed, it would not be of benefit to have a big debt showing on the books, if he is the owner, there is no debt. it's his to own.
Sat Jun 16, 2012 7:40 pm
Sat Jun 16, 2012 7:43 pm
Sat Jun 16, 2012 7:43 pm
Angry Man wrote:BigGwynram wrote:Angry Man wrote:He is 'spot on' about his worries over the so-called investment. When people like Keith are sound worried then its time to listen
I,ve read it and I was there, and now as then we were told it would be invested as equity and the club would be debt free. It was clear then and it's clear now.
It is a part of the fair play scenario and for us to have the playing budget needed, it would not be of benefit to have a big debt showing on the books, if he is the owner, there is no debt. it's his to own.
You may well have been told but its a worry that nothing was mentioned about it in the official statement
Sat Jun 16, 2012 7:54 pm
Sat Jun 16, 2012 7:56 pm
Sat Jun 16, 2012 7:59 pm
Angry Man wrote:Strange how the story isn't on Walesonline yet its a two page spread in todays echo.
The headline is 'Questions raised over Tan's scheme'.
Sat Jun 16, 2012 8:05 pm
BigGwynram wrote:Angry Man wrote:Strange how the story isn't on Walesonline yet its a two page spread in todays echo.
The headline is 'Questions raised over Tan's scheme'.
ANOTHER CONSPIRACY, HEY.
Sat Jun 16, 2012 8:08 pm
Sat Jun 16, 2012 8:10 pm
2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
Sat Jun 16, 2012 8:11 pm
2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
Sat Jun 16, 2012 8:12 pm
Angry Man wrote:2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
So you would prefer to have a debt which would grow up to £7 million per year interest rather than a debt with no interest rate..?
Sat Jun 16, 2012 8:16 pm
2blue2handle wrote:Angry Man wrote:2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
So you would prefer to have a debt which would grow up to £7 million per year interest rather than a debt with no interest rate..?
Langston have an interest rate of 7%
Sat Jun 16, 2012 8:23 pm
Sat Jun 16, 2012 8:24 pm
bluebird1977 wrote:The club have bought the media adam thats why it wasnt on there everything must be run through them now before its release
Sat Jun 16, 2012 8:25 pm
bluebird1977 wrote:The club have bought the media adam thats why it wasnt on there everything must be run through them now before its release
Sat Jun 16, 2012 8:27 pm
Angry Man wrote:bluebird1977 wrote:The club have bought the media adam thats why it wasnt on there everything must be run through them now before its release
It is a very interesting article and one for everyone to read. Stunned that its not on their website tbh
Sat Jun 16, 2012 8:32 pm
Angry Man wrote:2blue2handle wrote:Angry Man wrote:2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
So you would prefer to have a debt which would grow up to £7 million per year interest rather than a debt with no interest rate..?
Langston have an interest rate of 7%
Sorry I meant it was a straight cut price deal with no interest rate which is what the £10 million was.
Sat Jun 16, 2012 8:38 pm
Tony Blue Williams wrote:Angry Man wrote:2blue2handle wrote:Angry Man wrote:2blue2handle wrote:Didnt realise Keith was doing Citys books now![]()
Even if they did replace one debt with another I'd rather it be Tans money than a company we know nothing about, no address for or know who runs it.
So you would prefer to have a debt which would grow up to £7 million per year interest rather than a debt with no interest rate..?
Langston have an interest rate of 7%
Sorry I meant it was a straight cut price deal with no interest rate which is what the £10 million was.
Yes but for it to be a 'straight cut price deal with no interest rate' you would need Tan's money to stop Langstons 7% interest rate charge? Your point doesn't really make sense if I am totally honest.
Sat Jun 16, 2012 8:41 pm
Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
Sat Jun 16, 2012 8:44 pm
Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
Sat Jun 16, 2012 8:45 pm
Angry Man wrote:Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
is it any player sales or a percentage of sales over a certain amount..?
Sat Jun 16, 2012 8:47 pm
bluebird1977 wrote:Angry Man wrote:Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
is it any player sales or a percentage of sales over a certain amount..?
The 1st 2.8million he gets as the agreement was re-wrote.
Sat Jun 16, 2012 8:59 pm
Angry Man wrote:bluebird1977 wrote:Angry Man wrote:Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
is it any player sales or a percentage of sales over a certain amount..?
The 1st 2.8million he gets as the agreement was re-wrote.
What a pathetic agreement for the club FFS!!!
Sat Jun 16, 2012 9:01 pm
Lawnmower wrote:Angry Man wrote:bluebird1977 wrote:Angry Man wrote:Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
is it any player sales or a percentage of sales over a certain amount..?
The 1st 2.8million he gets as the agreement was re-wrote.
What a pathetic agreement for the club FFS!!!
Better than having to pay it back as it was well overdue.
The 50% straight interest that Ridsdale agreed with them in the 1st place was the bad deal !
Also interest charged by the malaysians is in line with the interest charged by sam and PMG, why would they charge less. none of it has actually been paid anyway (unlike PMG) . If they are true to their word it will be part of the debt-equity conversion anyway.
Sat Jun 16, 2012 9:05 pm
bluebird1977 wrote:Angry Man wrote:bluebird1977 wrote:The club have bought the media adam thats why it wasnt on there everything must be run through them now before its release
It is a very interesting article and one for everyone to read. Stunned that its not on their website tbh
This is not a joke the club have bought the rights to see whats being said before its released, why its not on there as more would see it.
Sat Jun 16, 2012 9:07 pm
Sat Jun 16, 2012 9:10 pm
Lawnmower wrote:Angry Man wrote:bluebird1977 wrote:Angry Man wrote:Tony Blue Williams wrote:Angry Man wrote:[
If Sam was willing to accept £10 million then sell players to finally get rid of the debt once and for all. Surely fans would accept that it would be better long term if players were sold to finance it.
But Ray Ranson gets the first £3.5m of any player sales and apart from Whittingham and Turner who else could command a decent fee?
is it any player sales or a percentage of sales over a certain amount..?
The 1st 2.8million he gets as the agreement was re-wrote.
What a pathetic agreement for the club FFS!!!
Better than having to pay it back as it was well overdue.
The 50% straight interest that Ridsdale agreed with them in the 1st place was the bad deal !
Also interest charged by the malaysians is in line with the interest charged by sam and PMG, why would they charge less. none of it has actually been paid anyway (unlike PMG) . If they are true to their word it will be part of the debt-equity conversion anyway.