Clapham Saint

Are they planning on holding ceremonies on match days?

Negotiation master class... I'm sure that will have the prospective buyers clamouring to get in with an offer "before its too late"

So sitting back with no money whilst the club crashes into it's last few weeks... If these are the parties of serious intent I'd love to know how apathetic the those classed as tyre kickers were.

I love lamp

Is this Turkish and his mates making a bit for best the dressed fan award...?

I should also have added

Tax the rich eh? Typical Labour supporting %$*"

The bit that you have missed is that the prescribed part doesn't apply to very many of the assets because it relates to floating charge realisations rather than the fixed charge that chinny hold over the stadium. I haven't bothered to double check (so could end up looking silly) but... Chinny almost definatly has a "fixed and floating" debenture meaning that (in very basic terms) he has a fixed charge over fixed assets, such as the stadium, and a floating charge over everything else (trade debtors, cash etc). The prescribed part applies to amounts raised under the floating charge and but not to any amount raised by selling fixed charge items such as the stadium (unless somebody pays more than chinny is owed and there is a surplus - but I think we can discount that scenario).

You missed: 9. Seriously, it realy really is.

Are you Corp Ho in disguise?

Did they? They made a commitment to pay purchase consideration equivalent to the CVA payments. Everybody assumed that they were commiting to honor the CVA but they actually only agreed to honor a replica...

That would be true had AA not engineered a transfer of the business to a new company... Now the old CVA isn't (technically) anything to do with the current company. Shameful.

I can't see them having the same players in L1. I expect that come the end of the season, either no buyer will be found and the club will be liquidated or, if a buyer can be found the players will be given the option of: 1) agree to tear up the exisiting contracts and allow a new purchaser to take over, with the club retaining what (if anything) is left of the parachute payments 2) agree to tear up the exisiting contracts and allow a new purchaser to take over, but only on the condition that the players split what (if anything), is left of the parachute payments 3) refuse to tear up contracts, killing off the potential of any sale and then fighting over what (if anything), is left of the parachute payments as part of the liquidation process. I guess we are about to find out how much the players really do "love the club".

I'm not 18 and I can assure you that you would prefer me not to be scantily clad...

Can I come to the party please ...?

I went to the Premier of the film of Roald Dahl's the Witches. I was 10. A can't remember the answer to your questions.

That's what makes it more fun!! I shall be listening to Saints player and following on here. The fact that everyone else is brinking themselves too just adds to the occasion.

Worth a LOL... and my 3rd post. (must get round to paying that fiver!!)

Not specific but implied (although I can see that you might not have meant it as it came accross). I agree that Apline's negativity is annoying but I think you took it too far. All IMO obviously.

Where the hell did that come from? OTT

Can't watch..... can't turn it off..... ARRRGGGGHHHHHH!!!!!

The liquidator will decide (Geoff Carton-Kelly). He'll vote for whateve he thinks will result in the old co receiving the most money for the creditors of the first CVA (now a Liquidation).

They'll receive a dividend like they did in the old CVA? Sounds like an attractive offer.

Well, if there isn't a sale then Birch is personally liable for trading losses incurred during his watch... Unless somebody (HMRC/FA?) have agreed to inmdemnify him (cover any losses).

If they haven't received a single offer after 8 weeks and have only been in negotiations with a "small number" of interested parties then the chances of the magicing up a buyer now are close to **** all. Never say never I suppose but I'd bet a large amount of money on them being wound up.