Well, considering they have just slashed Rangers debt by £7.1 million ... I would assume that my overdraft is to be cleared and that Hibs debt of £3m is to be wiped out???
Whaddya think?
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Thread: Lloyds Bank!
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31-03-2011 11:06 AM #1
Lloyds Bank!
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31-03-2011 11:12 AM #2Testimonial Due
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I don't think Lloyd's slashed the debt, I think Rangers have paid off some more of the debt.
Originally Posted by MrSmith
This quote is hidden because you are ignoring this member. Show QuoteWell, considering they have just slashed Rangers debt by £7.1 million ... I would assume that my overdraft is to be cleared and that Hibs debt of £3m is to be wiped out???
Whaddya think?
But I'm often wrong (except when in conversation with The Miller's Wife).
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31-03-2011 11:16 AM #3@hibs.net private member
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I'm with Lloyds aswell. They can feel free to clear a slice of my overdraft any time they like too.
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31-03-2011 11:16 AM #4@hibs.net private member
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Shirley Lllloyds will now have to hand over £7.1m to Celtc, otherwise it will be an anti-kafflick conspiracy? Originally Posted by MrSmith
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31-03-2011 11:17 AM #5I heard on the radio this morning (BBC Scotland) that the stumbling block was the amount Craig Whyte was putting up against the debt: £28m v £33m. Originally Posted by WindyMiller
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However after reading this you may be correct: http://news.bbc.co.uk/sport1/hi/football/12887647.stm
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31-03-2011 11:20 AM #6You know, half joking half serious that comment may be, there was serious allegations made to the Police relating to the behavior of some top execs in the Bank of Scotland a few years back when agreeing loan deals with Rangers. Too many of them sitting in the top Ibrox suites and being best pals with Mr Murray. Originally Posted by lapsedhibee
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31-03-2011 11:40 AM #7Coaching Staff
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What's debt? Just convert it to shares like Vlad
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31-03-2011 11:49 AM #8@hibs.net private member
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Rangers Supporters' Trust spokeshun said: "Now we are down to one competition, the title race, and that might come down to fine margins. And if Rangers lose out then Rangers fans will not forgive the bank".
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31-03-2011 11:53 AM #9ADMIN
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Do they mention the bit where they bought trophys with the debt they willingly built up? Originally Posted by 2468
This quote is hidden because you are ignoring this member. Show QuoteRangers Supporters' Trust spokeshun said: "Now we are down to one competition, the title race, and that might come down to fine margins. And if Rangers lose out then Rangers fans will not forgive the bank".Every gimmick hungry yob,
Digging gold from rock and roll
Grabs the mic to tell us,
He'll die before he's sold.
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31-03-2011 12:09 PM #10Irrelevant! It wasn't debt it was necessity! Originally Posted by marinello59
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31-03-2011 12:49 PM #11@hibs.net private member
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Originally Posted by 2468
This quote is hidden because you are ignoring this member. Show QuoteRangers Supporters' Trust spokeshun said: "Now we are down to one competition, the title race, and that might come down to fine margins. And if Rangers lose out then Rangers fans will not forgive the bank".
If Lloyds Bank shaft the Huns good and proper I promise I'll give them all my business in future !
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31-03-2011 12:50 PM #12ADMIN
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Brilliant. Let's all promise to move to Lloyds if they shaft the Huns. Originally Posted by greenginger
This quote is hidden because you are ignoring this member. Show QuoteIf Lloyds Bank shaft the Huns good and proper I promise I'll give them all my business in future !
Every gimmick hungry yob,
Digging gold from rock and roll
Grabs the mic to tell us,
He'll die before he's sold.
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31-03-2011 01:27 PM #13'S' Form
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The article only says the debt has been cut , does not actually say that Lloyds have written off the debt. Would be suprised if they agreed to that after all this time with someone onthe board controlling the pennies
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31-03-2011 01:42 PM #14Coaching Staff
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Originally Posted by greenginger
This quote is hidden because you are ignoring this member. Show QuoteIf Lloyds Bank shaft the Huns good and proper I promise I'll give them all my business in future !
Hope the huns get well and truly horsed.
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31-03-2011 02:22 PM #16First Team Regular
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That would appear to correct, It seems strange that there is a plethora of journalists reporting on football and finacial matter yet we struggle to get an in depth report on this. Originally Posted by Hibee D
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There seemed to be an argument over a £1m fee seen by Whyte as an early exit fee on the debt which he didn't want to pay, the bank say the fee exists due to a change in the Libor rate the loans were agreed on.
Given the debt figure of £27m, expected to be around £19m to £21m now, with the added complication of a reported estimated £30m case by HMR&C the £1m argument pales into insignificance.
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31-03-2011 02:47 PM #17joe_hfcLeft by mutual consent!I think that if he was going to invest 10s of millions he should have done industry more stable, perhaps by following in his colleagues flavoured water idea? He should hold his 'hands up' and admit that he isn't 'so fly' after all!! Originally Posted by MrSmith
This quote is hidden because you are ignoring this member. Show QuoteWell, considering they have just slashed Rangers debt by £7.1 million ... I would assume that my overdraft is to be cleared and that Hibs debt of £3m is to be wiped out???
Whaddya think?
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31-03-2011 03:27 PM #18@hibs.net private member
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Oh aye, you can just imagine all the Huns queuing up to close their accounts.....going to another bank to collect their giro money. I'm sure the staff of lloyds bank will be gutted!!! Originally Posted by 2468
This quote is hidden because you are ignoring this member. Show QuoteRangers Supporters' Trust spokeshun said: "Now we are down to one competition, the title race, and that might come down to fine margins. And if Rangers lose out then Rangers fans will not forgive the bank".
Last edited by SouthMoroccoStu; 31-03-2011 at 03:29 PM.
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31-03-2011 03:54 PM #19@hibs.net private member
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Wouldn't be surprised if lloyds had agreed to write off part of the debt to allow the sale to go through.
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31-03-2011 06:44 PM #20@hibs.net private member
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Originally Posted by MrSmith
This quote is hidden because you are ignoring this member. Show QuoteCouple of LTSB guys I know say that internally this is regarded as a "Bank of Scotland legacy thing"! Great institutions stick together?
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31-03-2011 06:53 PM #21@hibs.net private member
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Many of the Lloyds guys I know are quite happy to fling ill-informed accusations about Bank of Scotland "things". Lloyds didn't cover themselves in glory in the last few years either though - including having to pay the US authorities several hundred million dollars in fines for repeatedly breaching anti terrorism rules. Originally Posted by Bostonhibby
This quote is hidden because you are ignoring this member. Show QuoteCouple of LTSB guys I know say that internally this is regarded as a "Bank of Scotland legacy thing"! Great institutions stick together?
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31-03-2011 07:00 PM #22@hibs.net private member
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Sorry, should have been clearer, they work for what is now known as LTSB but one of them is from BOS and the other one is an ex halifax guy. The Hun/BOS connection is as old as the hills. Bankers eh Originally Posted by 2468
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31-03-2011 07:20 PM #23Testimonial Due
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Exactly. Originally Posted by Hibee D
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The Huns have cut their wage bill and their run in the cups this season have helped their finances.
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31-03-2011 07:26 PM #24@hibs.net private member
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'Mon the HMRC
"Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral.' - Paulo Freire
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31-03-2011 07:57 PM #25Testimonial Due
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anti terrorism rules??
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31-03-2011 08:24 PM #26@hibs.net private member
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Apologies for the pedantic alert but it's LBG (Lloyds Banking Group) Originally Posted by Bostonhibby
This quote is hidden because you are ignoring this member. Show QuoteSorry, should have been clearer, they work for what is now known as LTSB but one of them is from BOS and the other one is an ex halifax guy. The Hun/BOS connection is as old as the hills. Bankers eh
Or, at least for as long as big Antonio sees fit....he ain't hanging about in making his mark so far
You're spot on re the BoS / Greyskull link
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31-03-2011 08:48 PM #27@hibs.net private member
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Nae problem, was just chippin in what I heard as far as the Hun link was concerned, Not actually in that game myself...... Originally Posted by renato
This quote is hidden because you are ignoring this member. Show QuoteApologies for the pedantic alert but it's LBG (Lloyds Banking Group)
Or, at least for as long as big Antonio sees fit....he ain't hanging about in making his mark so far
You're spot on re the BoS / Greyskull link
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01-04-2011 09:56 AM #28@hibs.net private member
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http://news.bbc.co.uk/sport1/hi/football/12932160.stm
Rangers' total debt has increased by nearly £3.5m to £29m, according to the Scottish champions' half-yearly report.
mon the debt
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01-04-2011 09:58 AM #29@hibs.net private member
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All the "experts" were assuring all and sundry the debt would be down to circa £20M
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01-04-2011 06:32 PM #30Coaching Staff
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Don't really understand it all but I thought the Huns main problem was with HMRC? Even if they only owe Lloyds 20 million do they not owe 30+million in tax etc... or have I got it all wrong.
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