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Any news on meeting?

Mon Nov 30, 2009 9:21 pm

How was the meeting any news?

Re: Any news on meeting?

Mon Nov 30, 2009 9:40 pm

just got in from it, my personal view is that it raised more questions than answers to be honest

Re: Any news on meeting?

Mon Nov 30, 2009 9:41 pm

Anything news regarding Malaysian investment?

Re: Any news on meeting?

Mon Nov 30, 2009 9:43 pm

they did say theres another payment due this week with regard to TG's investment, but that they're working on securing more investment from Malaysia at present

Re: Any news on meeting?

Mon Nov 30, 2009 9:47 pm

Ska'd 4 Life wrote:they did say theres another payment due this week with regard to TG's investment, but that they're working on securing more investment from Malaysia at present



Any idea how much he's put in/ putting in ?

Re: Any news on meeting?

Mon Nov 30, 2009 10:01 pm

Risdale met with The Mr Big of T.G's company who has asked for and received information on Cities finances.
PR said it’s called "Due Diligence"
In venture capitalism, due diligence involves looking into the past and present of the people and structure of a company requesting venture funding.
T>G seems to be the front man but may not be the money man

Re: Any news on meeting?

Mon Nov 30, 2009 10:02 pm

Lawnmower wrote:
Ska'd 4 Life wrote:they did say theres another payment due this week with regard to TG's investment, but that they're working on securing more investment from Malaysia at present



Any idea how much he's put in/ putting in ?

When asked PR DECLINED TO ANSWER EXCEPT TO SAY IT WAS THEY HAVE HAD SOME AND MORE TO COME THIS WEEK

Re: Any news on meeting?

Mon Nov 30, 2009 10:30 pm

The club has 60m shares so 10% is 6m. The Malaysians are buying their shares at around 41p per share which equals £2.5m.

This is new money and I don't think it's all going towards paying off Sam Hammam at this stage and might be avaiable for team stregthening come January.