Council Debt.
#1
Posted 22 July 2016 - 07:22 PM
#2
Posted 22 July 2016 - 07:27 PM
Dave In Footie Heaven, on 22 July 2016 - 07:22 PM, said:
I hope your right.
#3
Posted 22 July 2016 - 07:27 PM
Dave In Footie Heaven, on 22 July 2016 - 07:22 PM, said:
that would be nice, it would stop DA bleating about it, trouble is.................
#4
Posted 22 July 2016 - 07:30 PM
#5
Posted 22 July 2016 - 07:36 PM
SpireiteFitzy, on 22 July 2016 - 07:30 PM, said:
Maybe the PPP over the road, which may be running "at great profit" have loaned us the money?
#6
Posted 22 July 2016 - 07:37 PM
SpireiteFitzy, on 22 July 2016 - 07:30 PM, said:
Cooper, Doyle, Darikwa, Clucas, Morsy and many more bits and bobs, no I don't believe it either, more likely it went into the slush fund
#7
Posted 22 July 2016 - 07:38 PM
Mr Mercury, on 22 July 2016 - 07:36 PM, said:
Or mysterious banking tycoon James Higgins?
#8
Posted 22 July 2016 - 07:39 PM
Dave In Footie Heaven, on 22 July 2016 - 07:22 PM, said:
If this was true, surely the club would have made an announcement of some description as this would confirm where some money has gone
#9
Posted 22 July 2016 - 07:43 PM
Benno Spire, on 22 July 2016 - 07:39 PM, said:
A new charge in favour of A & S Leisure was registered on 13/07/16 and filed at Companies House on 20/07/16.
Obviously the council now no longer have the first charge over the ground.
#10
Posted 22 July 2016 - 07:46 PM
freelander2, on 22 July 2016 - 07:43 PM, said:
Obviously the council now no longer have the first charge over the ground.
Does this mean we may see a casino on the car park anytime soon
#11
Posted 22 July 2016 - 07:46 PM
freelander2, on 22 July 2016 - 07:43 PM, said:
Obviously the council now no longer have the first charge over the ground.
Will we now see the much vaunted transfer of the Hospitalty business (and the ground?) to Newco?
#13
Posted 22 July 2016 - 07:46 PM
Benno Spire, on 22 July 2016 - 07:39 PM, said:
Paid before end of financial year.
Might justify DA not reducing his debt/interest payments.
#14
Posted 22 July 2016 - 07:50 PM
freelander2, on 22 July 2016 - 07:43 PM, said:
Obviously the council now no longer have the first charge over the ground.
In other words, it's not been paid off. CFC now owes the money to DA rather than the council. I wonder if DA is charging more for it than the council did?
This is dangerous stuff. The first thing DB did when he got in was to borrow money to pay off the council loan. Very shrewd as the council at the time had first charge on the debt. DA has presumably now done the same thing.
#15
Posted 22 July 2016 - 07:50 PM
Benno Spire, on 22 July 2016 - 07:39 PM, said:
That would assume the CEO has any idea of what's going on at the club.
#16
Posted 22 July 2016 - 08:49 PM
Mr Mercury, on 22 July 2016 - 07:50 PM, said:
DA runs rings round everyone.
#17
Posted 22 July 2016 - 08:57 PM
dim view, on 22 July 2016 - 07:50 PM, said:
This is dangerous stuff. The first thing DB did when he got in was to borrow money to pay off the council loan. Very shrewd as the council at the time had first charge on the debt. DA has presumably now done the same thing.
Probably a deal has been done regarding the interest.Would have suited council as we all know they are all feeling the pinch.
#18
Posted 22 July 2016 - 08:59 PM
freelander2, on 22 July 2016 - 07:43 PM, said:
Obviously the council now no longer have the first charge over the ground.
Well our man did promise some major restructuring in the summer some months ago.
Are things going down a well trodden path?
#20
Posted 22 July 2016 - 09:12 PM
valemadness, on 22 July 2016 - 09:09 PM, said:
But for how long will DA keep supporting this failing business.