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Don't be naive Phil. It seems Peel want the Board to pay off the Bank. Would you do that? Fund a takeover for somebody else? Looks a stalemate if reports are correct.

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...Diagnosing SBD (Sporting Bipolar Disorder) since 2003... Negs bringing down the tone of your forum? Keyboard Bell-endery tiresome? Embarrassed by some of your own fans? Then you need... TheButcher I must be STOPPED!! Vice Chairman of The Scarlet Turkey Clique Grand Wizard Shill of Nibiru Prime & Dark Globe Champion Chairman of 'The Neil Barker School for gifted Clowns' "A Local Forum. For Local People":d7dc4b20b2c2dd7b76ac6eac29d5604e_6329.jpg



Quote: Philyourboots "We await the club apologists now to attack the sun journo...'"


When the future of our Club hangs in the balance, there's nothing like continually labeling and dividing each other to really help with the sky high morale around here.

I respect that we all have different views but it's getting tiresome now. From both sides.

sleepy.gif

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First accept sadness. Realise that without losing 70% of the time, winning wouldn't be such a relief.:d7dc4b20b2c2dd7b76ac6eac29d5604e_32990.jpg



Quote: mitie mouse "Dream on.Who the hell is going to take this club on.Put it this way,Eccles r.f.l is a better option.The people of Salford are paying for this f//k up, not Mr Salford and his daughter.What gets my goat is why would you as a father invite your siblings into a business that is losing money hand over fist?I would`nt ,would you?'"


Surprisingly my post would appear to have aggravated you in some way to prompt your reaction, why? All I’m doing is looking at the big picture and stating that it wouldn’t be in the SMC’s best financial interests in the long-term if the club went and subsequently lost the license.

Putting your personal issues aside surely you can see the point I am making?

Quote: mitie mouse "Wilkys trying to pull a fast one with the £250.000 at the end of the day it's mr salfords debt he should be pay up. It's so obvious he hasn't got the clubs best interest at heart otherwise he'd just sell up rapid so the new owners could get on with the show and put the fans out of their misery.
'"


Directors would suggest to me more than one person. Generally in business when a company acquires another company they take on any existing loans and other liabilities. It appears they want control of the club for free with the current owners already agreeing to write off a small fortune in loan shares. In addition to this they now want them to personally takeover an existing club loan and repay it without the clubs income to do so.

It’s kind of like giving your car away because you can’t afford the running costs and then the person you are giving it to demanding two new tyres and tank full of juice.

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:



It might just be more complicated than that.

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I'm sure it is, hence the delay in coming to an acceptable agreement between the many different parties involved.

20 posts in 2 pages 
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Subscribe | Moderators: Admin, king of the shed
20 posts in 2 pages 
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Subscribe | Moderators: Admin, king of the shed



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