Quote: Iain "I also heard 20-odd k for Patten, and more for Anderson. I think JAW said that was some kind of settled figure with Patten. As for the £350k, I understood that to be Patten + Anderson + HMRC. Roughly meaning there's 150k to banks and 1.5M to Salford council, but that appears to be tied up in the development of the Willows (or possibly the car park bit). The remaining 3M of debt to directors being turned into shares.'"
I recall JW mentioned 27K to Patten & 31K to Anderson + the aforementioned 50K to HMRC, however as thw WUP had the Reds account frozen , loan repayements & other debtor payments haven't been paid including More HMRC payments , most debtors & HMRC I guess would have been stalled by the often rumoured Council / Peel Loan.
Now this is not going forward I think the whole meeting was optimistic as any one the remaining creditors could drag us straight back into the London Gazette .
