A forum for all things Cardiff City
Mon Feb 08, 2010 6:41 pm
I would think he has more to lose than any other creditor??? culd he do a deal and take over the running of the clau, as what happened to Portsmouth????
Mon Feb 08, 2010 6:56 pm
figures between 10 and 25 million £
buy far the biggest creditor
Mon Feb 08, 2010 7:55 pm
bluebirdbaz wrote:figures between 10 and 25 million £
buy far the biggest creditor
,,,, i would like to see sam come back baz i think he has never left and is still pulling the strings come home sam all is forgiven,
Mon Feb 08, 2010 9:13 pm
Langston are a non secured creditor.they would get buggar all out of admin.
Paul Guy or shoud I say PMG are the largest secured creditor.
Mon Feb 08, 2010 9:38 pm
stickywicket wrote:Langston are a non secured creditor.they would get buggar all out of admin.
Paul Guy or shoud I say PMG are the largest secured creditor.
correct.
Mon Feb 08, 2010 9:39 pm
What is they're credit secured on?
Mon Feb 08, 2010 9:41 pm
Not sure you're right - liquidation you would be, not necessarily the same for admin. For a CVA, 75% of credittors based on worth need to agree, from memory - secured/unsecured all the same.
So Hammam could block any CVA plan.
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