Discussion
Knick Pee said:
hopefully the scum will drop this year.....us tractor boys have gone 4th today with another amazing performance.....
Balls. Ah well, we're still fifth, and looking a lot more promising that we had done at the start of the season. Not looking good for the budgies though."Where are you?!"
"Bottom of the league ya blind cow!"
Edited by D-Angle on Sunday 28th October 12:11
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
Vario-Rob said:
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
Vario-Rob said:
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
We've got more money than you,
We've got more money than you
Muncher said:
Vario-Rob said:
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
We've got more money than you,
We've got more money than you
Knick Pee said:
I dont give a toss about the money side of things....
all that matters is the 3 points we'll take away from Carrot road and the other 3 we'll take from Portman Road against the Canarsies
The news has been releasedall that matters is the 3 points we'll take away from Carrot road and the other 3 we'll take from Portman Road against the Canarsies
http://news.bbc.co.uk/sport1/hi/football/eng_div_1...
Wednesday, 31 October 2007, 11:56 GMT
thewave said:
Muncher said:
Vario-Rob said:
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
We've got more money than you,
We've got more money than you
Try and read between the lines, he has bought the debt which is absolutely not the same thing as writing it off unless of course you are Binner who bought into it all the last time.
What rate of interest will he be expecting and over what period of time we he expect to have it repaid, you don’t know do you?
Only when you know the answer to that and the fact one person who you know nothing about now owns 87.5% of the clubs shareholding, that’s really something to get excited about isn't it! Just like last time
As for having more money only something as stupid as a Binner that bought into the last financial fiasco that left local business owners homeless (I know, I ended up buying one of their businesses) would take this with anything other than a massive pinch of salt.
As for having more money, no you don’t but given your inability to grasp the above it is highly unlikely you will grasp the following.
In the summer NCFC achieved detailed planning for a further 200 private flats into one of their holding companies, value > £10m. This is before Sharon and Andrew turner spent £2m on a minority shareholding, that’s right read it again, minority share holding.
They are worth in excess of £300m and know for a fact (I also have a reasonable share holding) that in the near future they will be seeking to increase this by way of another share issue as unlike you there are very few shares available, we have a positive and indeed understated balance sheet in excess of £17m
So Binners, jump around and convince yourself of whatever you like but the fact remains that NCFC’s land holding acquired by Robert chase continue to ensure the club is on a very sound financial footing without needing to sell debt to unknown parties
You ought to go and read up on hedge funds pretty damn quick
Oh yes, Binners need little smiley pics to make their point, how quaint.
Edited by Vario-Rob on Wednesday 31st October 12:21
Vario-Rob said:
thewave said:
Muncher said:
Vario-Rob said:
Knick Pee said:
thewave said:
I'm happy that the scum are bottom, I'm happy they have no manager, and I've just refused to put together a takeover package for a client mwhahahah
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Town also have a game in hand, so things are looking rosy (at the moment) Long may it continue, I fancy a trip to Wembers for a play off final again!
Come You Blues!!!
Where once before you dump your creditors to the tune of 5p in the £ this time you won’t be so fortunate, almost poetic that it will be Norwich Union that sticks yet another nail in your financial coffin don’t you think?
All this talk of selling to Sullivan and Gold, wake up, you haven’t got anything to sell, you don’t own the ground, have no assets and you need a buyer quickly.
Just sit back and relax and watch the arrogance of the Binners disappear out of the window, for what it’s worth I was with a partner of ‘Tahn’s’ solicitors last week and rest assured the situation is absolutely critical. However bad things might be at the one true East Anglian football club (no GLC overspill and mockney accents) we aren’t going into administration anytime soon and for that at least we can be grateful.
OTBC
We've got more money than you,
We've got more money than you
Try and read between the lines, he has bought the debt which is absolutely not the same thing as writing it off unless of course you are Binner who bought into it all the last time.
What rate of interest will he be expecting and over what period of time we he expect to have it repaid? You don’t know do you?
Only when you know the answer to that and the fact one person who you know nothing about now owns 87.5% of the clubs shareholding, that’s really something to get excited about!
As for having more money only something as stupid as a Binner that bought into the last financial fiasco that left local business owners homeless (I know, I ended up buying one of their businesses) would take this with anything other than a massive pinch of salt.
As for having more money, no you don’t but given your inability to grasp the above it is highly unlikely you will grasp the following.
In the summer NCFC achieved detailed planning for a further 200 private flats into one of their holding companies, value > £10m. This is before Sharon and Andrew turner spent £2m on a minority shareholding, that’s right read it again, minority share holding.
They are worth in excess of £300m and know for a fact (I also have a reasonable share holding) that in the near future they will be seeking to increase this by way of another share issue as unlike you there are very few shares available, we have a positive and indeed understated balance sheet in excess of £17m
So Binners, jump around and convince yourself of whatever you like but the fact remains that NCFC’s land holding acquired by Robert chase continue to ensure the club is on a very sound financial footing.
You ought to go and read up on hedge funds pretty damn quick
Oh yes, Binners need little smiley pics to make their point, how quaint.
I have no arguement with your statement.
However, and bear with me here. You were the one to post about Ipswich being in financial trouble, this I accept, but you also made the point about them needing a buyer quick, and having a chuckle at the same time. My point being, that we secured a buyer, bit ironic isn't it? That was what I found amusing.
No doubts at all on the company making the acquisition borrowing to finance the takeover, but this is not exactly uncommon is it.
I won't respond to the rest, I feel no need.
Lighten up.
Edited to add smiley
Edited by thewave on Wednesday 31st October 17:06
thewave said:
Knick Pee said:
£32m of outside debt has been bought and £12 invested in the club....i'd say that we are now not 'on the verge of collapse' as Rob so wrongly claimed
£12?????Still.......should buy us the Norwich front line for the reserves
Knick Pee said:
£32m of outside debt has been bought and £12 invested in the club....i'd say that we are now not 'on the verge of collapse' as Rob so wrongly claimed
Little things please little minds, how far are Chelsea in debt? Once again you fail to grasp the concept; The Russian has underwritten Chelsea’s debt which is god knows how many hundreds of million which ultimately if is his shot, deported or god knows what else is absolutely not the same thing as him having put actual cash in.Yes there are guarantees but one wonders just how much these might be worth in such a scenario? Of course some of us have been at Stamford Bridge with 13,000 for a league game, massive club? I think not. That said given the Russians wealth this doesn’t have much bearing on land of Binner.
Read what this supposed saviour is actually doing, yes he is putting £12m in, over what period? Given the pathetic gates at the Portaloo you will also notice there are running at an operating loss despite the interest holiday from Norwich Union, might it have crossed your mind that this money might be used to underpin this situation?
Once again the Ex Etonian has got land of Binner nicely spun and frankly I would be far more concerned about the ‘due diligence’ being conducted by the club than the ‘hedge fund in a frock’ who’s trying to buy the debt.
Still its not as if you haven’t fallen for some fools gold before and note with interest the inability to come back with anything plausible on the far more secure financial footing at the one true East Anglian clubs finances?
To conclude, I was talking with one of the rarities in life, a Tahn supporter who doesn’t do a passable impersonation of the Andrex puppy at the sight of some fools gold tonight. Rest assured some of the clubs old guard are more than concerned at this arrangement and it is Thiefshanks desire to rid himself of his bank guarantees and liabilities that is driving this sale than the best interests of ITFC
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