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Gringo

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Everything posted by Gringo

  1. They also didn't have a lying old incompetent as the salesman. The word removed is not acting out of any desire to help AVFC - surely we have seen recently that the only things that counts is his ego. He wants a high price for no other reason then lining his pockets the old bastard.
  2. NO PB they're as real as the last lot. And they'll offer £40m and doug'll demand £65m And around and around we will go.
  3. I thought it was a post modern ironic take on the situation and was too embarressed to say I didn't geddit.
  4. Bit of a longer story than that, but he bought cheap, sold high and still managed to keep control of the club.
  5. Not when you control 38% of the issued stock or just over 50% of the stock that ever cast a vote.
  6. more relevant than it was yesterday. Do you not think the same actors are involved, nor the same issues will be raised again?
  7. As the arch sniper is obviously touchy with regards to people pointing out his track record, I pledge £10 to VT if the share price touches 450p at anytime between now and xmas day.
  8. He was player of the tournament, not winner of the fair play award. Most influential player that I saw. Fair winner.
  9. Most of petchey's buying was below the £2 line, but yes he won't be overly happy. From the graph you can see that it was JP's purchase of 1m shares in early 2004 that pushed the price above £2 in the first place. Then again, he might take advantage of the situation to increase his holding and strengthen his hand.
  10. And in the absence of any renewed takeover approach the share price is going to continue to drop. A shaky start to the season combined with a weak set of accounts could well see the price back down at £2.
  11. Anyone can live in grimsby. Anyway, back on topic. Pelle and his fellow countrymen get upset over being mistaking for Norwegians
  12. The only way we stay up is buy some player or go through the season injury free. As things stand, we is going down.
  13. On a side note, our next owner banked another £18m yesterday. I'm alright jack
  14. There's been some mad things said on here recently. It's desperate measures from an old incompetent fool who can't keep track of what's happening and has an inability to plan or strategize. This isn't part of any well thought out move on the PLC's behalf this is, shit what can we sell this month. Shirt deal, sponsorship, catering, land, someone's raising cash, but it's only going to pay the bills - there's no invesment. Blessed are the easily pleased.
  15. Is he bollox. ellis comes first, second and third in ellis' thinking. The club is his plaything, no more, no less. Guaranteed photo in the papers for managing to climb four steps a fortnight without pissing himself.
  16. That debt belongs to the company, does it? Would that be the company which you've just bought? Seriously - where did you get the idea that the new owners of a debt-laden company are not liable for the company's existing borrowing? Of course they are! Buying a company means you buy both its assets and its liabilities. If those liabilities are sufficiently large then it may mean you can get the company on the cheap - it certainly doesn't mean you can ignore them altogether. Limited Liability Shareholders in a limited company are only liable to third parties to the limit of their shareholding. Other participants e.g. directors would not normally have any personal liability except with respect to creditors where there has been wrongful or fraudulent trading or when personal guarantees or other such undertakings have been given by directors or others. So the debts are transferred along with the company as belonging to the company. You don't 'buy' the debt, you pay £30m not £80m. If it goes bump you have lost £30m not £80m as your liability is limited as described above. The company is liable for the debt, not the owners.
  17. ellis vs richardson vs petchey Oooh the future looks bright.
  18. £80m including debt is not £80m If a company owes £50m and you buy it for £30m You have paid £30m. If the company goes bump with debts of £50m, you have lost £30m - you are not liable for the £50m - that debt belongs to the company. £80m is a misnomer. The takeover will not cost them £80m
  19. If you translate Sunday Mercury into greek, it's an anagram of "utter pish and toss" probably
  20. And it helps us keep up with what out next owner has been up to in his retirement. http://www.morningadvertiser.co.uk/news_detail.aspx?articleid=16428
  21. Local arbitration councillors try to get Bicks to 'calm down'
  22. Definitely, even though I think I've only seen four about episodes.
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