can't see where investment can come from
unless delia gives up her 11m odd she has put into the club.
The club has more debt than assets, particularly if you consider the main asset, the ground is not sellable or you have no club. The club is making a loss and this will presumably get larger.
If the clubs shares were quoted on an open market they would be a fraction of a penny. yet Delia has paid a considerable amount for them, some of the loan to equity deals valued the shares between 20 and 30 pounds each.
So any serious investor will be like Cullum and not be prepared to pay for them.
Posted By: Firstnews on May 12th 2009 at 14:31:32
Message Thread
- can't see where investment can come from (NCFC) - Firstnews, May 12, 14:31:32
- Don't think Sir Peter of Cullum can be considered as a serious investor (NCFC) - Ken Dodds Dads Dog, May 12, 14:37:40
- Yes thats right he was just messing about - give me strength (NCFC) - Jim, May 12, 14:47:31
- I'm sure I remember him saying that his initial offer of investment (NCFC) - Ken Dodds Dads Dog, May 12, 14:50:54
- i think he was (NCFC) - Firstnews, May 12, 14:43:15
- Yes thats right he was just messing about - give me strength (NCFC) - Jim, May 12, 14:47:31
- Don't think Sir Peter of Cullum can be considered as a serious investor (NCFC) - Ken Dodds Dads Dog, May 12, 14:37:40
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