Sun Jul 25, 2010 6:39 pm
Bluebina wrote:Forever Blue wrote:Bakedalasker wrote:These drip feed payments we are getting from the Malaysians, what are they getting in return?
Ian, Only what I Believe they will want Shares in Return and eventually dilute the rest of the Shareholders.
That has to be the answer, the others don't want to know when it comes to paying the bills, it's time for a full takeover, with the other Malaysians and forming the dream team..........
Sun Jul 25, 2010 7:02 pm
Forever Blue wrote:Bluebina wrote:
That has to be the answer, the others don't want to know when it comes to paying the bills, it's time for a full takeover, with the other Malaysians and forming the dream team..........
Thats how I really see it, but just my Opinion.
Sun Jul 25, 2010 7:03 pm
NJ73 wrote:Bakedalasker wrote:cityblue wrote:they took a 6 mil gamble and it hasnt payed off
You do realise most of that £6 mill was put in after the PO final.
I was under the impression that they were legally committed to investing that money as all the paperwork etc for the EGM had gone out. And that was prior to the play offs.
Sun Jul 25, 2010 7:08 pm
Tony Blue Williams wrote:
How could the Malaysians possibly be legally committed to investing when they needed the shareholders agreement first at the EGM held on 27th May?
The Malaysians could have pulled out at anytime before the 27th May, although they would probably have had a hell of a fight getting the £1m they had already loaned the club back.
Sun Jul 25, 2010 7:39 pm
NJ73 wrote:Tony Blue Williams wrote:
How could the Malaysians possibly be legally committed to investing when they needed the shareholders agreement first at the EGM held on 27th May?
The Malaysians could have pulled out at anytime before the 27th May, although they would probably have had a hell of a fight getting the £1m they had already loaned the club back.
I'm no expert but I would have said that once the offer was made, they were duty bound to have it go through the shareholders meeting without being able to pull the plug themselves. The shareholders could have rejected it of course.
I'll let the legal/accounting experts confirm if I'm right or not.
Sun Jul 25, 2010 7:42 pm
Tony Blue Williams wrote:NJ73 wrote:Tony Blue Williams wrote:
How could the Malaysians possibly be legally committed to investing when they needed the shareholders agreement first at the EGM held on 27th May?
The Malaysians could have pulled out at anytime before the 27th May, although they would probably have had a hell of a fight getting the £1m they had already loaned the club back.
I'm no expert but I would have said that once the offer was made, they were duty bound to have it go through the shareholders meeting without being able to pull the plug themselves. The shareholders could have rejected it of course.
I'll let the legal/accounting experts confirm if I'm right or not.
If an offer was made it would have been subject to shareholders agreement. Therefore the shareholders could have rejected it and if that is the case the Malaysians had the same right to withdraw the offer before the EGM.
However, giving you the benefit of the doubt and assuming your right, then why didn't these hugely successful businessmen simply wait until after the play-off final before making an offer?
Sun Jul 25, 2010 7:52 pm
NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
Sun Jul 25, 2010 7:56 pm
Tony Blue Williams wrote:NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
At that point TG could have simply told the HMRC he had an intention to invest if the club made the Premiership.
Further it was highly likely that by then we had the cash to pay the HMRC due to the gate receipts from Leicester and Blackpool games.
Sun Jul 25, 2010 7:56 pm
Tony Blue Williams wrote:NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
At that point TG could have simply told the HMRC he had an intention to invest if the club made the Premiership.
Further it was highly likely that by then we had the cash to pay the HMRC due to the gate receipts from Leicester and Blackpool games.
Sun Jul 25, 2010 8:02 pm
Tony Blue Williams wrote:NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
At that point TG could have simply told the HMRC he had an intention to invest if the club made the Premiership.
Further it was highly likely that by then we had the cash to pay the HMRC due to the gate receipts from Leicester and Blackpool games.
Sun Jul 25, 2010 8:03 pm
Wayne S wrote:Tony Blue Williams wrote:NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
At that point TG could have simply told the HMRC he had an intention to invest if the club made the Premiership.
Further it was highly likely that by then we had the cash to pay the HMRC due to the gate receipts from Leicester and Blackpool games.
If they had waited until after the Play-Off final either we'd win and there would be no need for the investment or it would have cost more. If they had waited until after the play-off and we had lost they probably would not have come in given the choice.
Sun Jul 25, 2010 8:04 pm
NJ73 wrote:Tony Blue Williams wrote:NJ73 wrote:
Because the final HMRC winding up order was in court on the Wednesday after the last league game. If the investment had not been in place, the club would probably have been would up there and then.
At that point TG could have simply told the HMRC he had an intention to invest if the club made the Premiership.
Further it was highly likely that by then we had the cash to pay the HMRC due to the gate receipts from Leicester and Blackpool games.
Looking back over it, HMRC asked the judge to give the club more time as the investment had been promised. Without this promise of investment the club would almost certainly have been wound up. I can't imagine that HMRC would agree to the postponement
http://news.bbc.co.uk/sport1/hi/footbal ... 742920.stm
Sun Jul 25, 2010 8:05 pm
Tony Blue Williams wrote:
Exactly the investment had been 'promised' that doesn't mean 'legally binding'
Sun Jul 25, 2010 8:08 pm
NJ73 wrote:Tony Blue Williams wrote:
Exactly the investment had been 'promised' that doesn't mean 'legally binding'
Neither of us know it for a fact and are just guessing. Someone out there with a greater knowledge must know.
Sun Jul 25, 2010 8:11 pm
Sun Jul 25, 2010 8:12 pm
Tony Blue Williams wrote:NJ73 wrote:Tony Blue Williams wrote:
Exactly the investment had been 'promised' that doesn't mean 'legally binding'
Neither of us know it for a fact and are just guessing. Someone out there with a greater knowledge must know.
It is all opinion I agree with that, but this notion that highly successful businessmen were gambling on the outcome of our play-off bid is preposterous.
Sun Jul 25, 2010 8:13 pm
Forever Blue wrote:Bluebina wrote:Forever Blue wrote:Well Carl, NEW STADIUMS DONT GUARANTEE YOUR FUTURE, I said THIS 2 Years ago, ALSO The RIDDLERS MISMANAGEMENT, Whilst the OTHER DIRECTORS STOOD BY and LET IT HAPPEN and SOME JUST RAPED OUR CLUB as WELL.
WE ARE NOW PAYING THE PRICE FOR THIS
And Sams mismanagement and leaving us in massive debt, thats where it started............
Left us £24 Mill owing to Langston, Reduced it to £10 mill, BUT SAM LEFT OVER £30 MILLION WORTH OF PLAYERS, Which THE RIDDLER SOLD, SO SAM NEVER LEFT A DEBT, Riddler should of paid the £10 million back. Also Sam left out line planning for a New Stadium.
Sun Jul 25, 2010 8:26 pm
Sun Jul 25, 2010 8:47 pm
Forever Blue wrote:Natman.
They Are FACTS Not Bull, JUST ADD UP ALL THE MONEY RECEIVED IN THE LAST 3 YEARS FOR Sams players, Even Roger Johnson was Sams.
Sun Jul 25, 2010 9:07 pm
Sun Jul 25, 2010 9:08 pm
Bakedalasker wrote:If I lent £24 million to someone who stabbed me in the back I would want it all back. I would not reduce it down to £10 million.
No one seems to answer this for me when I aks the question. People say its not Sams money but he borrowed it. So how did Sam bring the debt down to £10million if its not his money?
Sun Jul 25, 2010 9:14 pm
Sun Jul 25, 2010 9:18 pm
Bakedalasker wrote:So what are you saying? How did he do that?
Sun Jul 25, 2010 9:23 pm
Natman Blue wrote:Bakedalasker wrote:So what are you saying? How did he do that?
What I am saying is that there is probably little or no truth in alot of this. Just remember the 'loan' from the Football association because we were unable to pay wages when the next day we then went and got an additional player on loan. Everyone is saying that Gethin is a spin merchant, Sam is a master along with PR.
Mon Jul 26, 2010 9:18 am
Mon Jul 26, 2010 11:52 am
Forever Blue wrote:Natman, Gunter,Ramsey,Loovens,Chopra,Johnson,Ledley(not his fault City messed up) etc etc etc were All Sams
Mon Jul 26, 2010 11:57 am
Daya wrote:Forever Blue wrote:Natman, Gunter,Ramsey,Loovens,Chopra,Johnson,Ledley(not his fault City messed up) etc etc etc were All Sams
Jerome.
Mon Jul 26, 2010 12:38 pm
Mon Jul 26, 2010 1:06 pm
the other Bob Wilson wrote:Ledley was at the club well before Sam Hammam came along and Chris Gunter could well have been as well - given that Ledley was with Cardiff at the age of eight or nine, there even has to be a possibility that Aaron Ramsey's association with us also began in pre Sam Hammam times.
Mon Jul 26, 2010 2:24 pm