Don't Blame Richie For This

Discussion in 'Bulletin Board ARCHIVE' started by Darred, Oct 28, 2006.

  1. Dar

    Darred Active Member

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    I think there are big problems and that the club has money trouble again.
    Allegedly Cryne is under investigation for some kind of fraud with the isoft shares which have gone through the floor since he sold up.
    Because of this he's not spending any money on the team.
     
  2. Gue

    Guest Guest

    fans just want the truth,if bfc were in financial crisis again every fan would be 100% behind the board manager etc
     
  3. Kno

    Knowlesy Well-Known Member

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    Completely Agree

    Ritchie is doing the best he can, the players aren't playing well and he has no available funds for replacement. Our problem lies in the fact vwe have no strength in depth, not with AR
     
  4. Euroman

    Euroman Well-Known Member

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    RE: Completely Agree

    No he isn't doing all he can.
    Get your arse down to traing and see whats is going on.
     
  5. andytyke

    andytyke Administrator Staff Member Admin

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    cryne has sold up. what ever has happend after should not effect his money
     
  6. dreamboy3000

    dreamboy3000 Well-Known Member

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    RE: Completely Agree

    Funds are available it's common knowledge. Lets hope Cryne doesn't get a huge fine for fraud, which could affect us.
     
  7. Ruf

    Rufus New Member

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    Wrong, apparently he sold knowing that faults were in the system........

    aledgedly.
     
  8. Kno

    Knowlesy Well-Known Member

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    RE: Wrong, apparently he sold knowing that faults were in the system........

    Ye i read something like that in paper, sounds suspiciously like he got out before all this emerged knowing that he'd lose much money if he sold after the faults became evident...

    alledgedly
     
  9. Jim

    Jimmy Red New Member

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    RE: Wrong, apparently he sold knowing that faults were in the system........

    good business in my book, he got out while he could and made a great profit out of it.</p>

    anyone would do the same thing. why stop on a sinking ship?</p>
     
  10. Gud

    GudjonFan Well-Known Member

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    It's far from "good business"

    To make a general point, you aren't allowed to keep the fact that "the ship is sinking" to yourself until have a chance to get rid of your shares. That would be improper (rather than good business).

    Such information (that will affect the share price) must be passed onto the other shareholders (in order to give them an equal chance of disposing of their shares). Usually a "profit warning" will be issued and the share price will slump.

    See this one for M&S: http://news.bbc.co.uk/1/hi/business/4153723.stm

    HTH,
    Stephen
     
  11. Jim

    Jimmy Red New Member

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    RE: It's far from "good business"

    [​IMG] only jesting.</p>

    if he as done anything wrong though - we are fecked well and truely</p>
     
  12. Gud

    GudjonFan Well-Known Member

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    It took me ages to write that out!

    :eek:
     
  13. Gue

    Guest Guest

    !!!!!!!! Bloody Hell

    I would be very careful If I was you.
     
  14. Gue

    Guest Guest

    The Board say that money is available

    Apparently Ritchie won't spend it.
    You believe who you want to believe.
    The Board or Ritchie.
    Don't condemn anyone for believing one side or the other, you haven't done and this is just a general post.
    I have lost heart with the lot of them but will still travel to support them.
    Because I am a sad, defeatist dreamist
     

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