Money talks, so let it talk (1 Viewer)

rupert_bear · Jul 9, 2013

Cardoza has said the deal with sisu is a good one for his club and the revenue earned will help the club. So what do you reckon they are getting I am guessing about £250000 a year. So why don't some of our well heeled fans or even Heskell gazump sisu and buy them out. Even to double what sisu have offered would be chicken feed to what could be earned for 3 years at the Ricoh, could even put 10% on ticket prices to recoup the money

stupot07 · Jul 9, 2013

Why didn't they gazump them through the admin process?

letsallsingtogether · Jul 9, 2013

Because unlike SISU they did not actually know what they were buying and who knows what they offered Administrator only cared about the creditors not the Club.

stupot07 said:
Why didn't they gazump them through the admin process?

rupert_bear · Jul 9, 2013

Haven't got a clue but this is different we have a chairman who openly states he is allowing a ground share to boost his clubs income, so offer him more to say no. As Vito Corleone said make him an offer he can't refuse

Skyblue4u · Jul 9, 2013

Because SISU wrote off debt owed to themselves and therefore became the preferred bidder to the creditor. We all know this written off debt will be added back on eventually making the whole admin process a farce and embarrassment to the football league association

Sky Blue Pete · Jul 9, 2013

Skyblue4u said:
Because SISU wrote off debt owed to themselves and therefore became the preferred bidder to the creditor. We all know this written off debt will be added back on eventually making the whole admin process a farce and embarrassment to the football league association

Not illegal??

Skyblue4u · Jul 10, 2013

Sky Blue Pete said:
Not illegal??

Technically yes but when has that ever stopped them?

rupert_bear · Jul 10, 2013

Skyblue4u said:
Because SISU wrote off debt owed to themselves and therefore became the preferred bidder to the creditor. We all know this written off debt will be added back on eventually making the whole admin process a farce and embarrassment to the football league association

What the fuck has that got to do with the title of this thread

georgehudson · Jul 10, 2013

of course it's not illegal because they have trawled the depths of dubious legality,
thus, paper transactions are 'equity',
or, at least that's what Mr economic with the truth Fisher said,
this, all regardless of the fact that a temp move to Northampton will be a financial disaster,
which, will be covered by converting more debt into so called equity,
so ! have the FA the b**** to react in a right & proper way ?

Skyblue4u · Jul 10, 2013

rupert_bear said:
What the fuck has that got to do with the title of this thread

WTF? Are you on drugs bud?

Money talks, so let it talk (1 Viewer)

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