Would Cryne be justifed in pocketing the Stone's fee

Discussion in 'Bulletin Board ARCHIVE' started by ark104 (v2), Aug 9, 2016.

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  1. ark

    ark104 (v2) Well-Known Member

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    to replace the club's debt he has personally written off?
     
    ark104 (v2), Aug 9, 2016
    #1
  2. Marc

    Marc Administrator Staff Member Admin

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    yes. end of thread :)
     
    Marc, Aug 9, 2016
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  3. Ext

    Extremely Northern Well-Known Member

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    Yes totally.
     
    Extremely Northern, Aug 9, 2016
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  4. JamDrop

    JamDrop Well-Known Member

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    100% yes.
     
    JamDrop, Aug 9, 2016
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  5. Redstar

    Redstar Well-Known Member

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    It's his club. He can do as he likes for me. I think he will ensure it is used for ensuring the long term future of the club

    The hard truth is that without extra funds, competing will be difficult.
     
    Redstar, Aug 9, 2016
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  6. LDR

    LDRed Well-Known Member

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    Would you be justified in spending your money how you wish?

    Yes.

    Same difference, his money, his choice.
     
    LDRed, Aug 9, 2016
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  7. Dys

    Dyson Well-Known Member

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    Yes.
     
    Dyson, Aug 9, 2016
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  8. Jimmy viz

    Jimmy viz Well-Known Member

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    Of course
     
    Jimmy viz, Aug 9, 2016
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  9. redarmychris

    redarmychris Well-Known Member

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    Yes it's time he took something back.

    But he'll also take great satisfaction in investing it in the club. Not necessarily on players though.
     
    redarmychris, Aug 9, 2016
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  10. monkey tennis

    monkey tennis Well-Known Member

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    Yep, sithi.
     
    monkey tennis, Aug 9, 2016
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  11. Cam

    Cambridge Red Well-Known Member

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    Of course he would ... wouldn't begrudge him a penny of it.
     
    Cambridge Red, Aug 9, 2016
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  12. Euroman

    Euroman Well-Known Member

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    Yes. It may speed up the transfer to a fan based trust which has been talked about.
    It would be stupid to start throwing silly money at the team though.
    It's likely the money will be paid in instalments as most transfer fees appear to be.
     
    Euroman, Aug 9, 2016
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  13. Con

    Conan Troutman Well-Known Member

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    No.
     
    Conan Troutman, Aug 9, 2016
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  14. tinatyke

    tinatyke Well-Known Member

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    Yes, Yes and Yes again.
     
    tinatyke, Aug 9, 2016
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  15. BFC Dave

    BFC Dave Well-Known Member

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    Can't repay a debt that has been written off.

    Any loans still owing to PC. That's up to him really.
     
    BFC Dave, Aug 9, 2016
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  16. Jack Tatty

    Jack Tatty Well-Known Member

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    Why not?
     
    Jack Tatty, Aug 9, 2016
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  17. Gordon Owen

    Gordon Owen Well-Known Member

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    Didn't he confirm it's going straight back into the system?
     
    Gordon Owen, Aug 9, 2016
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  18. MarioKempes

    MarioKempes Well-Known Member

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    Definitely and I wouldn't blame him if he did. I don't think he will however, not all of it anyway.
     
    MarioKempes, Aug 9, 2016
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  19. Ext

    Extremely Northern Well-Known Member

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    It was reported as I recall that the asking price to buy the club was £1m with £6m due should we get back to the Prem - I assume that £6m is loan debt to PC ?
     
    Extremely Northern, Aug 9, 2016
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  20. ark

    ark104 (v2) Well-Known Member

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    So legally he couldn't take any money out of the club unless it is to settle the balance of an outstanding loan? Do we know what loans are outstanding from the accounts?
     
    ark104 (v2), Aug 9, 2016
    #20
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