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, Jul 12, 09:37:11