A "well-run" club with "manageable" debt
So in the hugely unlikely event that a take-over could ever be negotiated:-
1. RBS want all their money back straightaway
2. AXA want all their money back straightaway
3. The current board want all their money (loans and shares) back straightaway
4. The club believes that the financial position of the club revealed by the offer documents to be such that every single shareholder in the club will want all their money back straightaway.
Waste of time negotiating really - as soon as Cullum got his look at the books he would have cried off anyway.
Posted By: Mr Creosote on July 12th 2008 at 09:37:11
Message Thread
- A "well-run" club with "manageable" debt (NCFC) - Mr Creosote, Jul 12, 09:37:11
- Don't want to start another saga like last Sat, but (NCFC) - hod80, Jul 12, 11:41:07
- Fair enough (NCFC) - Mr Creosote, Jul 12, 12:20:35
- Don't want to start another saga like last Sat, but (NCFC) - hod80, Jul 12, 11:41:07
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