The AGM today

Ive gone through alot of the reports made from todays meeting but can't see a single mention the issue which is on everyones mind. When will the debt will be turned into equity..?

Can someone confirm whether or not this was spoken about at the shareholders meeting or not..?

Ive gone through alot of the reports made from todays meeting but can't see a single mention the issue which is on everyones mind. When will the debt will be turned into equity..?

Can someone confirm whether or not this was spoken about at the shareholders meeting or not..?

well they will not have a date if they have not paid off sam, as they have said thats when it will happen

“Vincent Tan owns the football club and whether the money is debt or equity in reality makes very little difference.

“Cosmetically, I would rather see it in equity because it makes the balance sheet stronger and it is our stated aim to improve the balance sheet.

“As and when the Langston issue is cleared up the next thing to look at is how we then start strengthening the balance sheet by completing some of those conversions.

“If Sam Hammam wants the club to be debt free why doesn’t he turn the loan notes into equity? We could look at that if he wants to.

“Vincent Tan owns the football club and whether the money is debt or equity in reality makes very little difference.

“Cosmetically, I would rather see it in equity because it makes the balance sheet stronger and it is our stated aim to improve the balance sheet.

“As and when the Langston issue is cleared up the next thing to look at is how we then start strengthening the balance sheet by completing some of those conversions.

“If Sam Hammam wants the club to be debt free why doesn’t he turn the loan notes into equity? We could look at that if he wants to.

Fully understand the points you made and of course all valid but it would have beenice to hear TG's thinking on this issue.

Ive gone through alot of the reports made from todays meeting but can't see a single mention the issue which is on everyones mind. When will the debt will be turned into equity..?

Can someone confirm whether or not this was spoken about at the shareholders meeting or not..?

Adam dont mention this or you might find TLG or mike morris asking for links about where the minutes was put out 1st

“Vincent Tan owns the football club and whether the money is debt or equity in reality makes very little difference.

“Cosmetically, I would rather see it in equity because it makes the balance sheet stronger and it is our stated aim to improve the balance sheet.

“As and when the Langston issue is cleared up the next thing to look at is how we then start strengthening the balance sheet by completing some of those conversions.

“If Sam Hammam wants the club to be debt free why doesn’t he turn the loan notes into equity? We could look at that if he wants to.

Fully understand the points you made and of course all valid but it would have beenice to hear TG's thinking on this issue.

For once I agree with you AM. I thought this question was nailed on to be asked especially when you consider what TG said at the last AGM.

“Vincent Tan owns the football club and whether the money is debt or equity in reality makes very little difference.

“Cosmetically, I would rather see it in equity because it makes the balance sheet stronger and it is our stated aim to improve the balance sheet.

“As and when the Langston issue is cleared up the next thing to look at is how we then start strengthening the balance sheet by completing some of those conversions.

“If Sam Hammam wants the club to be debt free why doesn’t he turn the loan notes into equity? We could look at that if he wants to.

Fully understand the points you made and of course all valid but it would have beenice to hear TG's thinking on this issue.

Sorry I didn't make it clear, that was Whitley talking, I don't know anything about debt and equity and don't intend to

http://www.walesonline.co.uk/footballna ... -31631679/

“Vincent Tan owns the football club and whether the money is debt or equity in reality makes very little difference.

“Cosmetically, I would rather see it in equity because it makes the balance sheet stronger and it is our stated aim to improve the balance sheet.

“As and when the Langston issue is cleared up the next thing to look at is how we then start strengthening the balance sheet by completing some of those conversions.

“If Sam Hammam wants the club to be debt free why doesn’t he turn the loan notes into equity? We could look at that if he wants to.

Fully understand the points you made and of course all valid but it would have beenice to hear TG's thinking on this issue.

For once I agree with you AM. I thought this question was nailed on to be asked especially when you consider what TG said at the last AGM.

Excatly Tone, if it was a fans meeting then I can understand why the question may hae been missed out but not a shareholders meeting surely.

The post which I read earlier and seems is now missing, made it clear that the debt to equity was definitely discussed and that TG made it clear that it was reliant on Sam/Langston accepting an offer!

But then the brightest ones of us already knew this would be the case didn't we?