I presume

that once the problems became clear Morley placed a realistic valuation on their "investment". Since all it has produced in the last few years is a 10% stake in ShIT FC I suspect that valuation could easily be as low as 20p in the £.

Posted By: The King of Prussia on November 1st 2007 at 14:27:06

Message Thread

Question about scum investment, barclays , and nch union (NCFC) - fond, Nov 1, 14:06:41
- This really pisses me off because........ (NCFC) - Kirrie, Nov 1, 14:34:04
  - Funny that (NCFC) - Small, Nov 1, 14:51:08
  - It's not really Norwich Union though (NCFC) - The King of Prussia, Nov 1, 14:41:15
    - CGU and CU became part of NU some years ago: I know cos....... (NCFC) - Kirrie, Nov 1, 14:45:17
- I thought you lot weren't bothered ??? (NCFC) - warky, Nov 1, 14:30:03
  - But you dont actually KNOW any of this do you ? (n/m) (NCFC) - blindasabat, Nov 1, 14:36:37
    - Correct - they don't; no-one seems to know who this bloke is? (n/m) (NCFC) - Kirrie, Nov 1, 14:38:56
  - Jealousy has fuck all to do with it..... (NCFC) - Kirrie, Nov 1, 14:36:06
  - I agree (NCFC) - Charles21, Nov 1, 14:32:40
- Even if the debt is cleared (NCFC) - Buckscanary, Nov 1, 14:24:37
  - But you dont actually KNOW any of this do you ? (NCFC) - warky, Nov 1, 14:31:19
  - £40 million? (NCFC) - The King of Prussia, Nov 1, 14:29:32
    - Its more like £18.4M (£12M + 20% of the £32M debt!) (n/m) (NCFC) - Kirrie, Nov 1, 14:40:55
    - thin air (n/m) (NCFC) - Buckscanary, Nov 1, 14:31:31
- The big difference between us and them (NCFC) - The King of Prussia, Nov 1, 14:13:28
  - They have the team bus... (NCFC) - Buckscanary, Nov 1, 14:19:55
  - It's the old story (NCFC) - Old Git, Nov 1, 14:18:31
    - That's it isn't it (NCFC) - The King of Prussia, Nov 1, 14:24:59
    - I would imagine (NCFC) - Charles21, Nov 1, 14:22:44
      - I presume (NCFC) - The King of Prussia, Nov 1, 14:27:06
        
        Yes you presume a lot of things dont you ? (NCFC) - warky, Nov 1, 14:47:10
  - I think you are spot on (NCFC) - fond, Nov 1, 14:16:09
    - Evans does not hav a debt due to him (NCFC) - Jim, Nov 1, 14:53:57
      - Spot on (NCFC) - The King of Prussia, Nov 1, 14:58:40
      - Then they therefore owe him, not Aviva. (n/m) (NCFC) - Arganth, Nov 1, 14:57:20
        
        No he owes Aviva - ITFC owe nobody anything (if it happens) (n/m) (NCFC) - Jim, Nov 1, 16:12:25
        
        Read Again - Evans does not have a debt due to him !!! (NCFC) - warky, Nov 1, 15:08:28
      - At last a Budgie with a Fucking Brain !! (NCFC) - warky, Nov 1, 14:56:38
    - Stop assuming and presuming (NCFC) - warky, Nov 1, 14:32:38
    - so its not actually quite as good a deal as looks initially (n/m) (NCFC) - fond, Nov 1, 14:16:59
      - Well it is and it isn't (NCFC) - The King of Prussia, Nov 1, 14:20:43
- i am sure would be very interested (NCFC) - south, Nov 1, 14:09:39
  - not only that - evans does not even support them (NCFC) - fond, Nov 1, 14:12:59
    - The point is (NCFC) - The King of Prussia, Nov 1, 14:17:05
  - or even Leeds would be very interested (n/m) (NCFC) - south, Nov 1, 14:10:30
- It's not Norwich Union though - but yes, your point still stands (n/m) (NCFC) - Yellalee, Nov 1, 14:09:11
- who knows? (n/m) (NCFC) - Charles21, Nov 1, 14:08:25

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