His contract ended last month and wasn't renewed.
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ticket office has ran out of season ticket/cards but it's ok they are due in the same time as the share certificates :wink:
Not sure about its validity either, but here are the costs for placing Ad's on that site
http://uk.businessesforsale.com/uk/sell-a-business
You can put one up without paying....
Has anyone heard from the future PM* in respect of FoH recently.
*Pie Muncher, not the Personal Munter.
I will never, ever, ever tire of this headline: http://espnfc.com/news/story?id=337901&cc=5739
I see your headline and I raise you this
http://uk.reuters.com/article/2010/0...6622I420100703
I see the new season kicks off on August 10th - 6 weeks away. Surely if an East Sevco want to be part of it they need to apply now to Div 3. This time last year there was at least Team 12 in the fixtures.
I wouldn't want to be any of the teams that would be 'rewarded' by a sudden promotion this close to the start of the season whteher it was because there is HOMFC at all or a newco.
I am unconvinced, Sergey.
I have seen the BDO-headed sale prospectus for the sale of the business, which may be what is being circulated. This feels different, though. Why, for example, haven't they marketed the assets in the same way as the business?
I have emailed Businesses For Sale, with a few pertinent question; the answers, if I get them, might sway me.
what? They hold the bulk of the shares and have security over Tynie and club. So who has ? unsecured investors who are owed a tiny fraction of what UBIG/Ukio Bankas are? They'll try
A CVA to see what bids are out there. Which will amount to nothing serious real money. So liquidation.
The CVA is the easiest bit of all of this. The satisfaction of the secured creditors, and the unfreezing of the shares, are much more difficult.
I agree, though, about the L word becoming more likely.... especially if the advertisement about the sale of the property and assets is genuine.
Furthermore in any CVA vote secured creditors are given a proportion of the debt that their debts exceed the value if the assets of the CVA company. Ukio/UBIG are owed at least £25m And the value of the assets is around £8m so Ukio/UBIG are deemed to be owed £25m - £8m or £17m which is easily more than 75% of the debt of all the unsecured.
You sure about that? I thought that secured creditors could only vote in a CVA to the extent that their debt is unsecured. UKIO have a fixed charge on the property, and a floating charge on the assets, so their debt is fully secured. UBIG, if it's valid, have a floating charge, and so are fully secured as well.
Academic, sure, because the secured creditors are not bound by the results of the vote. They still have, effectively, final say on whether the deal goes through. If the shares are available :greengrin
Found this on Kickback.
This bloke appears to understand but his post has been totally ignored and I suspect he will be banned promptly.
livingstonjambo, on 02 July 2013 - 05:44 PM, said:
Im pretty sure the Lithuanian government has frozen all of Romanov assets and would be able to sell them if they wished.
TheMaganator, on 02 July 2013 -
05.54 PM
Not without legal proceedings, I would not have thought.
The authorities here can freeze your assets and literally take the money out of your back pocket if they have reason to believe they are ill-gotten gains. But the punter would still have the opportunity to challenge the decision.
Granted, Lithuania is not Scotland but I doubt they can just freeze assets and sell them without legal proceedings. I could be wrong though.
Been busy today has Sidney i have written to council demanding under freedom off information act how much the yams are behind in commercial rates for the PBS and HWU. Also letter complaining about BDO.
Letters also posted to SFA And Doncaster and Regan regards the Wilson Signing.
Sidney takes no **** yam fuds:flag:
Isn't the "secured" debt only secured if the realisable value of the secured assets exceed the outstanding secured debt!? :dunno:
To the extent that the secured debt exceeds the realisable value of the related secured assets, I think that the excess debt is regarded as unsecured in an insolvency situation! :confused: