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Posts
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Everything posted by Pancake
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http://news.bbc.co.uk/sport1/hi/football/eng_div_1/8376276.stm Only 2 weeks ago, after 60 mins.
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Wonder if Beattie will find his way there come Jan?
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Metallica - Kill Em All Deftones - Around The Fur
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Tis ok, I purchased one instead...
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Anyone have an account they could lend me?
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I know, thats what prompted me. Cheers Manj!
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Well indeed... but so is gun running, tax evasion, paying bonuses to agents, paying off officials etc.
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Im not saying the investors took over the club, if you notice all of the investments have been as loans by 3rd or 4thy parties who are not considered to be owners or board members. This loan is no different from a Bank loan - its a loan that will be paid off if/when the club is chipped up and sold. Maybe those loans for 15Million were actually for a much much smaller amount, but written up as 15Million...
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Ive been thinking about this, and thinking about the link between some of the people that are lending them money and the previous owners. Say you owned 100% of a company that looked like it was about to go tits up. You knew that if it did, you were going to get NOTHING from it, you would lose everything. Money is owed to the Bank too. So say you got together a few associates. Say you sold the company to one of them for a £1 or so. They knew what they were buying. The new 'owner' then negotiated to pay off the bank loans with future money that was coming in. The Banks are now happy, the only outstandings are some tax and player cash still owed - small change when thinking of the overall worth of the business. Say you and some of your associates then "lend" the said company some "money", vast amounts, all drawn up properly as loan notes. So now you have a shell company owned by someone you know, and lost of different investors who you also know through various ventures - all of whom will be considered creditors if the company goes bust. So, the company goes go into administration. The Administrators manage to sell it off for a small percentage of its actual worth - but the important thing is that is actually sold, something that no-one could manage wih the business before. The "investors" get back X% of their "investment"....
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Jesu - Opiate Sun EP Really good, such a 'British' release. "Losing Streak" just shouts early 90's to me, in more than just a single genre - its just a feeling. "Deflated" is also a stormer, some really nice crunch guitar work on there mixed into the drone. Broadrick's vocals are top notch throughout. Might well sneak into my Top 10 of 2009.
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Olden day versions of the Premier and the Europa Leagues I think...
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Saints Web > Off-Topic > The Muppet Show Favourite Serial Killer ? HTH
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Ah page 60 odd... how times flies on this thread. Has Gaydamak Snr actually paid up what he owes to the 2 chaps? I was under the impression he (Gaydamak Snr) was on the run in Russia, so rather unlikely to sit down and wire them some money...
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Thread Fail?
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Indeed, the FIA should step in and ring fence some of the classic European circuits as "must be included in the F1 GP Fixtures" races. Call them Gold Events or something.
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This years team photo, where's it available from?
Pancake replied to ponto1963's topic in The Saints
Contact the Megastore. -
Yep, I posted this back on page 20-something of this thread...a very tangled web!
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I'm glad we have AFoM here with us, a person who obviously has access to the person emails and PMs of all the Mods and Admins on here to allow him to make such exact judgement calls.... Oh.
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Man, I haven't played that in ages, going to have to dig it out tomorrow now. Excellet.
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He was also on 606 back in 2003, along with GM, Frank, SNSUN, myself and a host of others on here. Im pretty sure Scooby posted on UI too. Pretty 'hardcore' behaviour for someone who was on a wind up, donchathink?
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I believe Baj and Steve have an idea for "locking" it down. More details to follow.
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If we told you, we would have to kill you.