|
|
Post by knowall on Feb 6, 2016 17:13:18 GMT
and some supporters are still owed the money they paid for preference shares to buy the Mem which should have been paid back within 5 years - and we are talking hundreds of thousands of pounds Individual supporters or supporters groups? Are they still receiving their interest payments? Individual supporters, ex Board members and The Presidents Club. Interest is not being paid but is accumulating |
|
|
|
Post by aghast on Feb 6, 2016 17:28:05 GMT
Individual supporters or supporters groups? Are they still receiving their interest payments? Individual supporters, ex Board members and The Presidents Club. Interest is not being paid but is accumulating Is that legal? |
|
|
|
Post by peterparker on Feb 6, 2016 18:34:26 GMT
Individual supporters, ex Board members and The Presidents Club. Interest is not being paid but is accumulating Is that legal? Only by consent I think. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 6, 2016 20:04:46 GMT
Individual supporters or supporters groups? Are they still receiving their interest payments? Individual supporters, ex Board members and The Presidents Club. Interest is not being paid but is accumulating The lull before the storm then. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 6, 2016 20:10:23 GMT
Two before him. Geoff Dunford and Ron Craig. There have been previous loans secured against the stadium including the stadium mortgage, a brewery loan and directors loans. Ron Craig was never a majority shareholder though was he? He had the same sort of stake that Ed Ware or BB have so he would be unable to do anything without the consent of the whole board of directors and majority share holders, especially taking out loans against the stadium. There was also no need to finance anything back then so its of little relevance. The whole board appointed him as chairman although GD and NH were the majority share holders at the time. NH as the majority shareholder and Chairman now, effectively can force through anything he wants. If he chose to step down as chairman and say Ed Ware took charge, any major decisions would be made in consultation of the whole board. Ron was the second largest shareholder behind GD when he became chairman. There was no majority shareholder and you can't have two. There was plenty to finance back then especially the survival of BRFC and all directors played their part as well as the supporters though the share scheme. Nick Higgs now owns the club and yes he can and does do as he wants. |
|
|
|
Post by dave on Feb 6, 2016 23:06:48 GMT
"He isn't daft"? Surely only somebody a bit daft would" invest" millions in a FL club with no guarantee of a return?
As far as NH getting a better return elsewhere perhaps he needs to forget about football and become a financial advisor if he's found an investment paying out over 14% per annum! It's fairly obvious to most NH as invested as much as he's going to in the club and the moment of truth, regarding our debts, is about to be reached. Um ................ arent we pinning our hopes on getting someone to invest £40ml plus with no 'Guarantee' of a return? How 'Daft' would they have to be? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 7, 2016 8:10:46 GMT
"He isn't daft"? Surely only somebody a bit daft would" invest" millions in a FL club with no guarantee of a return?
As far as NH getting a better return elsewhere perhaps he needs to forget about football and become a financial advisor if he's found an investment paying out over 14% per annum! It's fairly obvious to most NH as invested as much as he's going to in the club and the moment of truth, regarding our debts, is about to be reached. Um ................ arent we pinning our hopes on getting someone to invest £40ml plus with no 'Guarantee' of a return? How 'Daft' would they have to be? Ha good post! |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 7, 2016 9:30:33 GMT
"He isn't daft"? Surely only somebody a bit daft would" invest" millions in a FL club with no guarantee of a return?
As far as NH getting a better return elsewhere perhaps he needs to forget about football and become a financial advisor if he's found an investment paying out over 14% per annum! It's fairly obvious to most NH as invested as much as he's going to in the club and the moment of truth, regarding our debts, is about to be reached. Um ................ arent we pinning our hopes on getting someone to invest £40ml plus with no 'Guarantee' of a return? How 'Daft' would they have to be? Still not as daft, sad and pathetic as City fans coming on here making out they are Rovers. Now that really is 'Daft'! |
|
|
|
Post by Topper Gas on Feb 7, 2016 11:08:01 GMT
"He isn't daft"? Surely only somebody a bit daft would" invest" millions in a FL club with no guarantee of a return?
As far as NH getting a better return elsewhere perhaps he needs to forget about football and become a financial advisor if he's found an investment paying out over 14% per annum! It's fairly obvious to most NH as invested as much as he's going to in the club and the moment of truth, regarding our debts, is about to be reached. Um ................ arent we pinning our hopes on getting someone to invest £40ml plus with no 'Guarantee' of a return? How 'Daft' would they have to be? If they exist they must see an investment opportunity most of us can't see, although unlike NH's a doubt it's the consortium's own personal money they intend investing? |
|
|
|
Post by knowall on Feb 7, 2016 12:44:38 GMT
Um ................ arent we pinning our hopes on getting someone to invest £40ml plus with no 'Guarantee' of a return? How 'Daft' would they have to be? If they exist they must see an investment opportunity most of us can't see, although unlike NH's a doubt it's the consortium's own personal money they intend investing? and your doubt is founded on what? |
|
|
|
Post by Topper Gas on Feb 7, 2016 14:33:15 GMT
If they exist they must see an investment opportunity most of us can't see, although unlike NH's a doubt it's the consortium's own personal money they intend investing? and your doubt is founded on what? Not many people have £40m stuck in the bank waiting to be invested in this age "consortium" usually finance bids with bank loans. |
|
|
|
Post by philbemmygas on Feb 7, 2016 14:50:23 GMT
and your doubt is founded on what? Not many people have £40m stuck in the bank waiting to be invested in this age "consortium" usually finance bids with bank loans. Based on solid business plans, banks are unlikely to loan that kind of cash on a folly. |
|
|
|
Post by hargravegas on Feb 7, 2016 17:49:48 GMT
so still nothing credible on here then, come on those ITK, the longer it goes without news the lower your future credibility - tell us something!!!!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 7, 2016 18:02:40 GMT
so still nothing credible on here then, come on those ITK, the longer it goes without news the lower your future credibility - tell us something!!!! They haven't told us anything for nearly FIVE MONTHS now...! |
|
|
|
Post by Henbury Gas on Feb 7, 2016 18:18:58 GMT
so still nothing credible on here then, come on those ITK, the longer it goes without news the lower your future credibility - tell us something!!!! They haven't told us anything for nearly FIVE MONTHS now...! Maybe tomorrow ?  |
|
|
|
Post by Topper Gas on Feb 7, 2016 18:19:09 GMT
Even if the rumours are true nothing is going to happen now until the Appeal verdict is announced.
|
|
|
|
Post by newmarketgas on Feb 7, 2016 18:48:26 GMT
Nothing was ever going to happen until the verdict, so why was this thread started so early ? Genuine question.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 7, 2016 18:59:03 GMT
Nothing was ever going to happen until the verdict, so why was this thread started so early ? Genuine question. Easy, gasinciders agenda against Nick Higgs. |
|
|
|
Post by Topper Gas on Feb 7, 2016 21:27:07 GMT
Nothing was ever going to happen until the verdict, so why was this thread started so early ? Genuine question. Perhaps the consortium, if they exist, thought they could get the club on the cheap in a fire sale? Or the whole story 's BS just to put NH under even more pressure, who knows apart from those ITK. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 7, 2016 22:31:17 GMT
Nothing was ever going to happen until the verdict, so why was this thread started so early ? Genuine question. Perhaps the consortium, if they exist, thought they could get the club on the cheap in a fire sale? Or the whole story 's BS just to put NH under even more pressure, who knows apart from those ITK. Just popped in for an update after 277 pages. Yeah. |
|
