Cardiff City Forum



A forum for all things Cardiff City

is sam H our biggest creditor

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????

Re: is sam H our biggest creditor

Mon Feb 08, 2010 6:56 pm

figures between 10 and 25 million £


buy far the biggest creditor

Re: is sam H our 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, :ayatollah: :ayatollah: :ayatollah:

Re: is sam H our biggest creditor

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.

Re: is sam H our biggest 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.

Re: is sam H our biggest creditor

Mon Feb 08, 2010 9:39 pm

What is they're credit secured on?

Re: is sam H our biggest creditor

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.