Unrest in the camp!!!

Discussion in 'Bulletin Board' started by Least said soonest mended, Mar 4, 2025 at 9:13 PM.

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  1. Gordon Owen

    Gordon Owen Well-Known Member

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    Radhakishan Damani is lining up a bid, Neerav was in the Mount earlier talking about it...
     
    Gordon Owen, Mar 4, 2025 at 11:03 PM
    #81
  2. Acido Tyke

    Acido Tyke Well-Known Member

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    Yeah aren't some of these so called 'in the know' comments just pathetic ehh!. :eek:
     
    Last edited: Mar 5, 2025 at 9:46 AM
    Acido Tyke, Mar 4, 2025 at 11:10 PM
    #82
  3. RedfearnsRocket

    RedfearnsRocket Well-Known Member

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    They wouldn't get hardly anything back, why would they need admin, they'd just put the club up for sale to stand the best chance of recouping as much as possible, they also wouldn't be putting in further cash injections like they have just done?
     
    RedfearnsRocket, Mar 4, 2025 at 11:19 PM
    #83
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  4. She

    Sheriff Well-Known Member

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    It's a formal insolvency process. The company has to be insolvent to apply for it.

    The main benefit of doing so is that it prevents creditors taking action to wind the company up whilst it's being run by an administrator, who has to be a licenced insolvency practitioner.

    You don't have to be simply "in debt". You have to be unable to meet those debts when they fall due.
     
    Sheriff, Mar 5, 2025 at 12:41 AM
    #84
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  5. Jud

    Juddy G Well-Known Member

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    So to some up we’ve no debt but we ent a pot to **** in and are losing £8m and have spent nothing on transfers but yes made millions off sales instalments or not? Which is it ?
     
    Juddy G, Mar 5, 2025 at 6:51 AM
    #85
  6. Archey

    Archey Well-Known Member

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    I think originally, this thread was a tongue in cheek response to another thread suggesting Clarke and Phillips have fallen out.
     
    Archey, Mar 5, 2025 at 6:55 AM
    #86
  7. Brush

    Brush Well-Known Member

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    Big Mal wasn't the fastest but it hasn't taken him 30 years to catch Deehan...
     
    Brush, Mar 5, 2025 at 7:23 AM
    #87
  8. kir

    kirky boy Well-Known Member

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    Have no fear Sir/lord Donald Tump will sort it all out.
     
    kirky boy, Mar 5, 2025 at 8:32 AM
    #88
  9. Jimmy viz

    Jimmy viz Well-Known Member

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    You have to have debts you cannot pay so the layman’s answer is yes you need a financial obligations you cannot meet. Cash has been injected via shares to consume losses. If you stopped doing that then yeah
     
    Jimmy viz, Mar 5, 2025 at 1:38 PM
    #89
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