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hutch

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Everything posted by hutch

  1. As long as all your flights are on one ticket, and your onward destination isn't in Holland, the above advice is probably correct. But, if you booked the flights yourself, on the internet or whatever, and different airlines are involved, you might have to pick it up in Amsterdam and check in again there. They will tell you at the check-in desk when you check in. And whatever they say, I always read what's printed on the label that they stick on the suitcase.
  2. Danny Butterfield?
  3. B*stards. How am I gonna get that Benny Hill tune out of my head today now?
  4. If we are prepared to double it, we could go for Pete the Legend from down the road.
  5. Sir Nigel Adkins has a nice ring to it, doesn't it
  6. Simple solution, in my eyes, would be to free up the libel laws. No more hiding behind anonymous sources to protect the freedom of the press. Shift the benefit of doubt to the target of the press. If a paper prints a story, and is sued, then if it can't prove everything it printed is true, the complainant wins. If it says it knows it's true, but won't reveal it's sources, the complainant wins. If it is true, but the information was obtained illegally, directly or indirectly, the complainant wins. Hit them hard in the pocket. Proper corporate governance will soon return.
  7. This. Although it's not strictly adoption. We are a registered "place of safety" in Pretoria for abandoned or homeless babies. No racial rules apply, but they are always black. 3 weeks ago we had 3. We're down to 1 at the moment. They stay with us for between 6 and 9 months, before they are either adopted or fostered on a long-term basis.
  8. Or a little frustrated by Cortese calling him every day asking him why the club doesn't have any discernable PR or marketing policy at all?
  9. There you go, a propery conspiracy theory. Just what we need. Can it be just a coincidence that he decided to go on the very same day Murdoch arrived to personally clean up the NOTW mess?
  10. FWIW the bookies, according to the consensus over on oddschecker, think that on balance, taking everything into consideration, including the likelihood of injuries, suspensions, players excelling or whatever, as it stands at the moment, we'll finish 7th. We've been there for a few weeks, despite comings and goings at Saints and other clubs.
  11. Hope his shooting has improved. I don't think the owner of the land next door to FP will give them their ball back if he kicks it over the fence.
  12. I had a professor like that once
  13. The built-in character map in Windows is very handy. You'll find € and £ in there, as well as lots of very handy Arabic characters, some of which even I recognise.
  14. FWIW, to help the occasional skate viewers on here, if CSI get themselves a new piggy bank and start saving right now so they can make payment in full on the latest date possible, they will have to put in more than £90,000 a week, every week, from now on. That's an awful lot of wages that can't be paid.
  15. In answer to Phil's point, I am not convinced that the schedule of interim payments starting in 2012 is binding. The original CVA of June 2010 bound the administrator to sell the club's assets within 9 months, and then place the OldCo. into liquidation, with a condition that the amount due under the CVA would be received by the liquidators from the new owners not later than 4 years and 3 months from the date of that sale. I doubt whether the actual sale agreement cooked up by AA & Chainrai last year would have bound the buyer to pay any sooner, unless Chainrai already had a guaranteed back-to-back sell on in place. If we are patient enough, we will see what happens if they elect to pay £4.1m per season over the next 4 seasons, £5.5m per season starting in 2012/13, £8.25m per season starting in 2013/14, or the full £16.5m in 2014/15. Personally I suspect that the present owners intend to do the same as Chainrai (and others before him) have done, and pass the ticking parcel to somebody else before the music stops. The joy of 5-year plans.
  16. Just for completeness, they are indeed "revised schedules". Those payment dates and amounts do not form any part of the CVA voted in in June 2010. What the CVA says, in essence, is that 4 years and 3 months after the sale of the assets by the administrator, the buyer must have paid the creditors whatever part of 20p less expenses they haven't already received.
  17. I'm not a financial bod in any way, but it seems to me that it's got b*gger all to do with AA any more. His involvement is over. He "sold" the obligation to pay the CVA within 5 years to Chainrai, who then sold it on to CSI Pompey. I don't think it's strictly a CVA any more, its a payment due as part of the sale agreement of the assets to Chainrai. If it isn't honoured, I doubt HMRC, among others, will hesitate in winding them up properly this time. But that's not until 2015. I don't personally see any interim installment payments until then. Edit after a bit more thought - there obviously still is a CVA in place until it's fully paid up. But it's got nothing to do with the club, it "belongs" to the old Company, Portsmouth City Football Club Ltd (in liquidation), and must be paid by the liquidators of that Company (those guys from Baker Tilley, not AA & his cronies) to the creditors. The Deed of Sale of the assets of the club by AA to Chainrai must provide that the new owners must pay the liquidators around £16.5m by not later than some time in 2015, and the liquidators will pay it to the creditors. If the owners don't pay, I'm sure the liquidators will apply to wind them up. I wouldn't have been so sure if AA had got his way and been appointed as liquidator. That's a huge millstone, and the longer they leave it before they start paying, the more it will hurt them. If they leave it until the last minute, that's pretty much a whole season's income for a championship club.
  18. Although we haven't seen details of the alleged dispute, unless you sacked him or suspended him without pay, it's hard to see how you can be in dispute. The administrator himself, in his published report, confirmed that TBH was loaned out to West Ham until 6 January 2011 to assist with cash flow.
  19. Not really. You sold the assets (and the liabilities which include the obligation to pay the CVA) to Chainrai in October last year. You exited administration when the Company was liquidated in February this year. I think what people don't like is that your administrator deliberately included financial models clearly showing payment in instalments every year, which he had no intention of making. He even sent them cash flow predictions showing those payments. And it was he himself who put the estimated proceeds from player sales into those financial models. It was, at best, intended to mislead.
  20. If a skate wants to come onto a Saints board and lie to the members, I guess he should expect a certain amount of abuse. These are the actual figures, as published by UHY: Period 26 Feb 10 to 24 Oct 10 Income £22,798,396 Expenses £23,166,057 Trading loss £ 367,662 Period 26 Feb 10 to 24 Feb 11 Income £28,810,583.61 Expenses £28,810,583.61 Cash balance £ 0.00 I think the dates are: Feb 10 - into administration Oct 10 - assets "sold" to Chainrai Feb 11 - liquidated You should consider a career in insolvency practice, pfc123
  21. You need to learn to speak skate to follow his argument. "Servicing" a debt means not paying it, in skate-speak. They were servicing all of their debts for years without a problem. It was patently obvious that Chainrai had no intention of paying a penny, and gave himself 5 years to find a mug to buy the debt. I don't think the Administrator was particularly clever. The majority of creditors who are affected by the terms of the CVA voted against it, but were outvoted by those who's 20p dividend was going to be topped up by another 80p from the parachute payments.
  22. I've spent the past few years thinking that the term "Blue Phew" was a reference to their supporters. Silly me.
  23. Have you not been to Milan?
  24. Personally I think there's only one potential new owner on the horizon, and that's our current chairman. Just my opinion.
  25. hutch

    Golf

    I don't play the game personally, but I'm just leaving the office to spend the next 3 days at this one, which is owned by the Company I work for.
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