I wish people would refrain from saying debt free!

The Malaysians will convert the 100m loan notes into equity, this will make us debt free!!!!!!

Are you lot saying that really listening to yourselves? a 100 million 'free gift' ??

WE WILL NOT BE DEBT FREE, NOTHING IS EVER FREE.


If the above happens then all it means is the Malaysians will be the last debtor to be paid in the event of liquidation. As they are buying up all the other loan notes, they will be the only ones to pay, so they will get all the land and all the buildings as well as the sale of the playing squad.

In the meantime, they charge 7%. That's 7 million a year.


The good part is its less than 1.5 million a month that we a rumoured to be paying, but the scary part is, how long will they wait on their investment before they decide to cash in and limit their loss IF we don't somehow manage to gain promotion.

This red shirt thing is complete nonsense to me, they won't sell anywhere near enough shirts (if any) in the far east, not unless we're in the Champions League beating the likes of Barca.

Try telling Doncaster fans that red is lucky, and if red is so lucky over there then why does the Malaysian national team play in BLUE!!


Sorry, but it makes me angry to see threads where someone says we will be debt free, when in all reality we will not be.

ummmm we will be as there will be no loans if they convert it to equity

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

And when will that be possible??? The only way is if we are hugely successful yeah?

yes, by making us successful and selling us on......debt to equity swap:

In a debt-for-equity swap, a company's creditors generally agree to cancel some or all of the debt in exchange for equity in the company.
Debt for equity deals often occur when large companies run into serious financial trouble, and often result in these companies being taken over by their principal creditors. This is because both the debt and the remaining assets in these companies are so large that there is no advantage for the creditors to drive the company into bankruptcy. Instead the creditors prefer to take control of the business as a going concern. As a consequence, the original shareholders' stake in the company is generally significantly diluted in these deals and may be entirely eliminated

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

And when will that be possible??? The only way is if we are hugely successful yeah?

Or if they cut their losses and liquidate us. Other teams have thrown money at success and become unstuck, our own recent history should be a grave warning.

Perhaps after a few years being unsuccessful they decide the land would be better used as a shopping complex and casino. How long cam they throw money on a gamble for what is effectively a hobby for them.

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

And when will that be possible??? The only way is if we are hugely successful yeah?

Or if they cut their losses and liquidate us. Other teams have thrown money at success and become unstuck, our own recent history should be a grave warning.

Perhaps after a few years being unsuccessful they decide the land would be better used as a shopping complex and casino. How long cam they throw money on a gamble for what is effectively a hobby for them.

they cant, the council has a thing in place (cant remember the legal term) the stadium cant be sold for another 12 years

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

And when will that be possible??? The only way is if we are hugely successful yeah?

Or if they cut their losses and liquidate us. Other teams have thrown money at success and become unstuck, our own recent history should be a grave warning.

Perhaps after a few years being unsuccessful they decide the land would be better used as a shopping complex and casino. How long cam they throw money on a gamble for what is effectively a hobby for them.

Why would he liquidate or even put a business into administration when he is owed between 40m and 100m?

The Malaysians will convert the 100m loan notes into equity, this will make us debt free!!!!!!

Are you lot saying that really listening to yourselves? a 100 million 'free gift' ??

WE WILL NOT BE DEBT FREE, NOTHING IS EVER FREE.


If the above happens then all it means is the Malaysians will be the last debtor to be paid in the event of liquidation. As they are buying up all the other loan notes, they will be the only ones to pay, so they will get all the land and all the buildings as well as the sale of the playing squad.

In the meantime, they charge 7%. That's 7 million a year.


The good part is its less than 1.5 million a month that we a rumoured to be paying, but the scary part is, how long will they wait on their investment before they decide to cash in and limit their loss IF we don't somehow manage to gain promotion.

This red shirt thing is complete nonsense to me, they won't sell anywhere near enough shirts (if any) in the far east, not unless we're in the Champions League beating the likes of Barca.

Try telling Doncaster fans that red is lucky, and if red is so lucky over there then why does the Malaysian national team play in BLUE!!


Sorry, but it makes me angry to see threads where someone says we will be debt free, when in all reality we will not be.

So if you pay your mortgage off on your house in full, its your house and your debt free, is that not the case???????

ummmm we will be as there will be no loans if they convert it to equity

So you're saying that the Malaysians will pop in 100 mil and say there you then. You don't think that they will want it back?

Loose change from their pockets I suppose?

They will want their money back at some point.

You don't get it do you, they buy the club they own the club when they sell the club they get money, possibly more than they paid if its succesful, its called business, they ain't donating the club to us, its their club.

my eyes r not burning! Gwyn, its gone

my eyes r not burning! Gwyn, its gone

Any more insults and the mankini is back, you have been warned.

my eyes r not burning! Gwyn, its gone

Any more insults and the mankini is back, you have been warned.

gonna be nice from now on

Ok we won't say debt free

deficit liberated

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

How did the Blues and the Sterophonics play there then..?

ummmm we will be as there will be no loans if they convert it to equity

Well we was told this on the 8th of may craig this was going to happen before anything after langston was payed but its still not payed so again it was more made up shit about equity to get all the fans onside with there we must do a rebrand to survive tactic and we will give you this and that yet NONE have been brought to light YET which was in the original promise to start with.

Am I thinking wrong here but this equity thing is actually known as shares. Once Langston are resolved the Malaysians will convert their investment into shares. That will take them over the 51% mark therefore making them the owners. The club will officially bedebt free for the time being.

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

How did the Blues and the Sterophonics play there then..?

I'll make it clear for you, the stadium can be used for nearly any function, rugby games, pop concerts, hockey, and and nearly any sport you can think of, but only if the main sport played there is Football, if the football club folded, then only another football club will be able to use it. ps if the debt is converted into shares then the Malaysians will own about 85% of the club and be the the owners at the moment they are only shareholders, hence the reluctance to pay off all the debts on their own

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

How did the Blues and the Sterophonics play there then..?

I'll make it clear for you, the stadium can be used for nearly any function, rugby games, pop concerts, hockey, and and nearly any sport you can think of, but only if the main sport played there is Football, if the football club folded, then only another football club will be able to use it. ps if the debt is converted into shares then the Malaysians will own about 85% of the club and be the the owners at the moment they are only shareholders, hence the reluctance to pay off all the debts on their own

One small problem its not ARE stadium yet 100% and its not even being payed for in are normal trading name ask the riddler why.

Of course its our stadium fully paid for, but the ground on the other hand is leased off the council and at this moment in time we are not paying a full ground rent, I think you are confusing the two, also the lease is a long one so the ground is for all intensive purposes freehold

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

How did the Blues and the Sterophonics play there then..?

Negative, negative, negative, anything you can use as a negative you latch on to, without even reading or understanding the post, it's all about if the business was liquidated, there are covenants in place stating it must be used as a sporting venue, that stops it being sold and re developed, while it is registered as a sporting stadium , it can be hired and leased out for a variety of events, but it can't be sold as a building purely for that purpose.

Keep browsing Adam, you are bound to find something else you can latch on to.

They cannot use the stadium for anything else but football, the council put a covenant on it so it will forever be a football stadium, as for not selling for 12 years no such thing, but even if there was, who is going to buy a stadium/ground that can only be used for football and nothing else?

How did the Blues and the Sterophonics play there then..?

I'll make it clear for you, the stadium can be used for nearly any function, rugby games, pop concerts, hockey, and and nearly any sport you can think of, but only if the main sport played there is Football, if the football club folded, then only another football club will be able to use it. ps if the debt is converted into shares then the Malaysians will own about 85% of the club and be the the owners at the moment they are only shareholders, hence the reluctance to pay off all the debts on their own

One small problem its not ARE stadium yet 100% and its not even being payed for in are normal trading name ask the riddler why.

tut tut tut its OUR nor ARE, silly old bugger.