Sat Aug 11, 2012 10:48 am
yet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Sat Aug 11, 2012 10:51 am
Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
Sat Aug 11, 2012 10:57 am
Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
Sat Aug 11, 2012 10:59 am
BigGwynram wrote:
And who is the vast majority of debt owed to, perhaps it's his plan to lend us 100 million and then go bust and get possibly twenty million pound back.
To make any return, he has got to make this club a success, he's got the money to help in that direction, and he looks like he got the right team around him on and off the pitch.
Let's give the man some trust, some respect for what he's already done and let's support the boys and enjoy the ride.![]()
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Sat Aug 11, 2012 11:35 am
BigGwynram wrote:Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
And who is the vast majority of debt owed to, perhaps it's his plan to lend us 100 million and then go bust and get possibly twenty million pound back.
To make any return, he has got to make this club a success, he's got the money to help in that direction, and he looks like he got the right team around him on and off the pitch.
Let's give the man some trust, some respect for what he's already done and let's support the boys and enjoy the ride.![]()
![]()
Sat Aug 11, 2012 11:50 am
Taliesin wrote:BigGwynram wrote:Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
And who is the vast majority of debt owed to, perhaps it's his plan to lend us 100 million and then go bust and get possibly twenty million pound back.
To make any return, he has got to make this club a success, he's got the money to help in that direction, and he looks like he got the right team around him on and off the pitch.
Let's give the man some trust, some respect for what he's already done and let's support the boys and enjoy the ride.![]()
![]()
I'm just curious. I hadn't realised £100 million or so was already spoken for unless Tan expects the other shareholders to give him their shares for free.
Hopefully "enjoy the ride" isn't the equivalent to "living the dream."
Sat Aug 11, 2012 12:07 pm
Lawnmower wrote:Taliesin wrote:BigGwynram wrote:Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
And who is the vast majority of debt owed to, perhaps it's his plan to lend us 100 million and then go bust and get possibly twenty million pound back.
To make any return, he has got to make this club a success, he's got the money to help in that direction, and he looks like he got the right team around him on and off the pitch.
Let's give the man some trust, some respect for what he's already done and let's support the boys and enjoy the ride.![]()
![]()
I'm just curious. I hadn't realised £100 million or so was already spoken for unless Tan expects the other shareholders to give him their shares for free.
Hopefully "enjoy the ride" isn't the equivalent to "living the dream."
It isn't.
About £40m of the debt to VT will be converting old debt to equity.
£10m put aside to cover Sam. Appx £10m needed to pay off the others, PMG are supposedly being paid bit by bit and this will be included in the £1m a month VT is putting in, its due to be complete by Aug 2013 and Ranson as and when we sell anyone.
Its far more complicated that a straight figure and the figure Annis is mentioning is NOT what will need paying out.
The problem is, most of our fans don't understand how complex the situation is and will get confused by the 'headline' figures without knowing whats behind them.
Sat Aug 11, 2012 12:12 pm
Lawnmower wrote:Taliesin wrote:BigGwynram wrote:Taliesin wrote:Annis said on another threadyet our debt increases every week and is near £90 mill, let's get this debt sorted ASAP for the future of our club
Does that mean that £100 million investment would only keep the club going to the end of the year with no extra spending? If it does, what happens then, are there any plans?
And who is the vast majority of debt owed to, perhaps it's his plan to lend us 100 million and then go bust and get possibly twenty million pound back.
To make any return, he has got to make this club a success, he's got the money to help in that direction, and he looks like he got the right team around him on and off the pitch.
Let's give the man some trust, some respect for what he's already done and let's support the boys and enjoy the ride.![]()
![]()
I'm just curious. I hadn't realised £100 million or so was already spoken for unless Tan expects the other shareholders to give him their shares for free.
Hopefully "enjoy the ride" isn't the equivalent to "living the dream."
It isn't.
About £40m of the debt to VT will be converting old debt to equity.
£10m put aside to cover Sam. Appx £10m needed to pay off the others, PMG are supposedly being paid bit by bit and this will be included in the £1m a month VT is putting in, its due to be complete by Aug 2013 and Ranson as and when we sell anyone.
Its far more complicated that a straight figure and the figure Annis is mentioning is NOT what will need paying out.
The problem is, most of our fans don't understand how complex the situation is and will get confused by the 'headline' figures without knowing whats behind them.