Yes, true. But a potential cooling off period of 30 days after the relevant ratification will obviously put FOH/BIDCO back even further. Here's hoping! :thumbsup:Quote:
Originally Posted by CropleyWasGod
Printable View
Yes, true. But a potential cooling off period of 30 days after the relevant ratification will obviously put FOH/BIDCO back even further. Here's hoping! :thumbsup:Quote:
Originally Posted by CropleyWasGod
It's all relative. Michael Jackson could have brought sanity and reason to that mob.Quote:
Originally Posted by jacomoseven
And the kids would have been safer.
It will be interesting to see how many fans turn up at their games after they are officially relegated. (I know it will be 13,000 ish no matter how many are there but how many will have paid to get in?).
They have no obvious source of income to see them through the close season unless they get season tickets issued sharpish and that scunners the cash flow and business plan for next year. Though Ms Budge may bail them out in the short term.
CGW at what stage would BDO say enough is enough, basically when would they decide they were trading outwith income?
Quote:
Originally Posted by CropleyWasGod
Did he and Bryan not have a falling out? Something about blaming it on the boogie?Quote:
Originally Posted by Dashing Bob S
Basically, when there's no cash left, or it's clear that the shares won't be obtained before the cash runs out.Quote:
Originally Posted by PatHead
Interestingly, the only thing I could find online when looking at the Express's site was this article which I recall someone posted a link to back at the beginning of February.Quote:
Originally Posted by Sergey
http://www.express.co.uk/sport/footb...t-shares-boost
It's dated 4th Feb, and they quote Jackson: "The administrators for UBIG expect the shares to be transferred within eight to 10 weeks."
So, 10 weeks from then takes us to 15th April, but we all now know the creditors need some notice, so their new optimistic time scales may be right: "Out of admin by the time the season finishes" will be the next rallying cry.
I would add that you cannot rely on the veracity of the Express, as the article starts off "BDO confirmed that an agreement was in place to buy 78.9 per cent of the club from UBIG’s liquidators".
Would the early sale of season tickets not mean that FoH business plan was flawed and therefore invalid?
Dunno but they need a cashflow and can't sell STs till they know which division they'll be in. It's now that they wanna be startin somethin.Quote:
Originally Posted by Kato
There was a female called Budge that I once worked with. Stubborn wifie. Think her first name was WInnie.
I think they would tap into a couple of sources before going down that route. Gretna were given an advance of their (last place) prize money when they went tits up and if Jackson could show the SPFL that they were genuinely stoney broke than that will happen. Then there's the Diddie's money that can also be used.Quote:
Originally Posted by PatHead
They'll see out the season, it's what happens in the summer that will be fun. Not that it's not fun now, I'm mean really fun :greengrin
Quote:
Originally Posted by Kato
Ahem :wink:Quote:
Originally Posted by Waxy
They need enough cash to get them through until season ticket sales for 2014/15 go on sale, don't they?Quote:
Originally Posted by CropleyWasGod
ftp://wck2.companieshouse.gov.uk/ima...9-10173586.pdfQuote:
Originally Posted by brog
That should be the BDO January update.
Apparently, BJ is about to begin legal proceedings, one by one, against any newspaper editor who publishes negative press about their situation......Quote:
Originally Posted by Waxy
He's starting with the man in the Mirror.
I thought the prize money was going to be withheld Mikey to pay the football debt which I believe currently stands at around £535,000.Quote:
Originally Posted by Mikey
Sure you get just over 700,000 for finishing bottom so it doesn't leave much... But probably just enough to get them through to seasons end,
And that should be the CVA report from 29th November.
ftp://wck2.companieshouse.gov.uk/ima...9-10173586.pdf
I will post them both on the Community Page so we can find them again.
Although the Ukio meeting on the 18th March is not the main one they are waiting for, it still seems to be a threat to the yams.
If the meeting concludes without the CVA being ratified or even discussed it could be all over at that point.
Don't know if BDO have assurances that it will be dealt with at this meeting but they have been very quiet of late.
Brutal.Quote:
Originally Posted by Disc O'Dave
This is a serious thread. There's no room for puns.Quote:
Originally Posted by Disc O'Dave
Just beat it, eh?
When they went into admin they had to sack Di the cleaning lady.Last week Di bumped into a member of staff and asked how the place was looking.The staff member say "since youve been away the place is looking Dirty Diana"Quote:
Originally Posted by Disc O'Dave
It's not even on the agenda, as far as I can see. The meeting is mainly to elect a creditors committee.Quote:
Originally Posted by Ozyhibby
Earth songQuote:
Originally Posted by CropleyWasGod
Oh your badQuote:
Originally Posted by CropleyWasGod
Think this thread has turned into a right Thriller
They do, although if they're still in admin by then, it might affect Budge's attitude.Quote:
Originally Posted by jacomoseven
Quote:
Originally Posted by CropleyWasGod
Here's the draft agenda for the meeting.
http://translate.googleusercontent.c...diqoNevz6Qrxlg
No mention of Yams, their shares or any business. Maybe Barry or I am an MP.should get them told. :greengrin
Leave me alone.Quote:
Originally Posted by Mikey
I heard that they fell out over Bryan's disgusting nose-picking habit. They blamed it on the bogie.Quote:
Originally Posted by Kato
They must be tired of getting repeatedly punked by those who gave them hope.
Maroon morons
Pink punks
Twirling twats
Gorgie gimps
Quote:
Originally Posted by CropleyWasGod
Exactly.... This is serious... You are not alone CWG..