trousers

Is the term 'consortium' being used in the sense that this Fialka chap has 'x' number of people contracted together as an official/committed group or is his 'consortium' a more casual arrangement of friends and associates that he intends dipping into as and when?

Hmmm...not quite as difficult to spell as I'd imagined....

Nah...can't be.....surname too easy to spell

He would if he could spell the surname....

Sorry, me being a bit lateral - it's just a hex number with 'F's in it....which, in my smutty world could be an abbreviation for a rude word. Almost amusing

Will someone from Pinnacle or the FL please show us what SFC are being asked to commit to. The mechanics and/or principle behind what the club are being asked to comply with can't be confidential, surely?

FF?

On stage at his concert tonight would be my guess

Can I be the first to ask....."Is there more than one money man?"

Anyone else get the feeling that Tony doesn't read all the threads on here before posting....? :rolleyes:

Thanks Tony but I thought there was one money man? This implies more than one...

My pleasure

Just £400,000? Who will cover the other immediate costs? p.s. source? cheers

If Pinnacle do fall at the last hurdle I would hope the successful bidder would install MLT in the same roll as one of their first deeds. They would be foolish not to play the fan unity card like Pinnacle have/did.

Turns out we may not have a football club to support after tomorrow. Been pretty quiet apart from that.

Who else? Thanks

He heads up 'VS Investment Group' according to the Times..... The Times has learnt that the offer to buy the struggling Barclays Premier League club was made by VS Investment Group, which Vega heads ....however, that is UK registered too....

I don't know for sure...just my interpretation of what was posted

Bugger

At least they're not in bits and pieces

Are you my wife?

It depends how slippery the slope that we are currently on is (IMHO)....languishing at the foot of League One this coming season could cause a domino effect of doom and gloom....a more buoyant season at the top end of a lower league COULD get us back up the ladder quicker in the long run.....perhaps....

But, reading how Darlington are coming out of administration, if we accept the 10 points now (thus admiting the football club is in admin), and can then satisfy the CVA requirement of doing so, there is no longer enough time before the start of the season to complete the CVA process so we would get docked more points for starting a new season whilst still in admin regardless of whether we challenge the 10 points or not. Well, that's my understanding anyway....

CREDITORS of Darlington Football Club have accepted administrators' proposals which are expected to enable the Quakers to start next season with no points deduction. Companies and creditors with a value of 93 per cent value of the club's £7.8m debt passed the Company Voluntary Agreement (CVA) today. Only one creditor turned up to the meeting with the rest of the creditors voting by proxy. The club needed at least 75 per cent worth of the creditors to accept the proposals for the CVA to be passed. The document also had to be passed by more than half of the creditors unconnected with the club - 85 per cent voted in favour. All football creditors, including players and other clubs, will receive all their debt. Unsecured creditors, including councils, the tax man, local businesses, have accepted just 0.9p in the pound. Dave Clark, from administrator Brackenbury Clark & Co, was confident the CVA would enable Darlington to start the forthcoming League Two season without any further points penalty. He said: "It was a bit of formality really. Most of the creditors voted by proxy which is a piece of paper they submitted instructing the chairman to vote on their behalf." The CVA will return control of the club to former chairman George Houghton, but he is in advanced stages to sell it on to his previous vice-chairman Raj Singh. The administration process will take between four and eight weeks to complete enabling an appeal process and all paperwork to be finalised. After that the sale can be completed with Mr Singh and the club can offer contracts to players and management who have agreed to sign.