
Winchester Red
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Everything posted by Winchester Red
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I thought as a Journalist he would be interested in what people have to say and opposing views on things. Says a lot about him that he isn't
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It's actually normal at every club. He's still being paid his monthly wages, he's just not being asked to do any work. Nobody ever pays up the whole of the remaining contract, as much for cash flow considerations as any other. There's always a deal to be done Also, I'm sure we won't be after any compensation for releasing him from the contract. We'll just be looking to avoid paying some of the wages. It's good business when you think about it. If not Managers would sign a contract, then get sacked, get fully paid up, then get anther job, and make a killing. Sven springs to mind --- PS - I'm taking on factlessallen for the use of the maximum number of paragraphs for the minimum number of words
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Yep. It should be fast-tracked. The court should put themselves out for the people who've put them off 4 times already. Everything is one way traffic with those down the road.
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Benali claim against the club..an insight??
Winchester Red replied to patred44's topic in The Saints
Wow. Can I have your number so if I get sent abroad again I can rent out to you!? -
Why the f*ck did they need to adjourn previous dates when they were only to set a date for the main event???????? Why not set a date and then adjourn that??? :::::
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Benali claim against the club..an insight??
Winchester Red replied to patred44's topic in The Saints
Nobody would carry on employing someone in a 'good boy' job whilst being sued by them. FB by taking the action has effectively written a resignation letter and he's very naive to think it would have been otherwise -
Benali claim against the club..an insight??
Winchester Red replied to patred44's topic in The Saints
Twice I've had to let out my home as I'd been posted abroad for 12 months or more and I can promise you that coming back to an overgrown lawn and dirty windows is the least of your problems. Renters don't look after properties like they are their own (why would they?). But the least you can expect is 12 months of no maintenance. If that's it then Benali doesn't know he's born. If you don't want other people to treat your house like a hotel room then don't rent it out -
I'm starting to think they've lost it completely down there. At least their b0ll0cks usually makes sense. I've got no idea what they're talking about now. Interesting that they stop Joe telling the world about PST threats by threatening him some more - the irony Role on PST ownership and the next administration
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It'll be another Notts County if it does go through anyway. After 10 minutes they'll realise they haven't got a pot to p1ss in, and they haven't got a hope of 'being competitive', even in L1 or L2. (Ask Barry Hearn at Orient how much of his personal wealth he p1sses down the drain each year just to stand still.) The PST will sink quicker than a stone and then they'll sell out to the first 'rich' investor (photocopier salesman) who flutters his eyelashes at them
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Absolutely. What a ****. Show a little sympathy for the guy FFS. That reaction just shows all that's bad about the Trust and it's supporters. Morons. I wonder if this is why the Snooze follows the Trust so blindly. Afraid of the consequences of not. The rag must be hardly keeping it's head above water anyway.
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He left Swindon because they sold ONE player Why would he join a team with NO players!
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Hasn't a large chunk of money just landed? The February Parachute Payment? Does that mean PKF will use it as they see fit rather than as required by the PST business plan? Or are they 'looking after it' for them'? If the Football Creditors have gone from 1st to 3rd in the priority list for PST surely what happens to the Feb PP is crucial as they need it for other people? PKF won't be giving it to the council or Robinson because that's nothing to do with them. Football Creditors are though!
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One thing I don't get is why people think PKF's reputation will go down the pan if they liquidate. I don't think a loss of work from pfc fans or the man in the street is going to trouble their turnover. I think their reputation is going to be more f*cked in professional circles (the ones that matter) by being seen to be: 1) made to look prawns by the FL, the PFA, the Chubster and Chinney, and also failing their major sponsor who was HMRC 2) unable to get out of a situation that they're desperate to get out of because they've run out of fees and is of their own making due to their bad decisions early on in the process (saying yes to the judge and HMRC a year ago was the first one! ) 3) not acting (in the wider corporate view) in the best interests of creditors because every would have had a lot more money if PKF would have liquidated a year ago. Bear in mind that typically it's the guys that 'call in' the administrators that select who they should be. Sometimes that's the board of the stricken company, sometimes it's a major creditor (Barclays in the case of SLH), but it's never ever the fans (or the customers) that do it, so what they (and the media) think of the reputation of an administrator means f*ck all (in my view )
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Does anyone believe that the Trust is capable of an objective opinion any more? I can't see them looking at any other proposal (be it from a swiss billionaire or a local photocopier salesman) in a good light now that some hnw individuals stand to lose a bit of cash and a few fans are on a power trip
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That argument is sh!te 'I know I've agreed to buy your house but I believe in sound commercial principles and therefore I'd like to rent it for a year first so check it's all ok' or You just get the surveys carried out and have done with it. Utter b0llocks
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Evil Genius! Gets my vote
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There is a simpler way. Do it the same as the Conference. ALL debts must be paid in full to retain membership
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The administrators recover their fees from the sale of the assets of the company in administration. They get first dibs In this case the fees are capped at £2.5m and rumour has it that this level has already been reached, which is why they want out asap (among other reasons!)
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It's actually time that PKF put out a statement reminding the phew, the Chubster, the FL, and all the other interfering parties of a significant fact. PKF are administrators. They have been appointed by the court because the latest guise of pfc has failed to pay its debts (again). It is their job to listen to the creditors and to get the highest recovery of debt to the creditors by whatever means. If that means liquidation then so be it. If that means selling to a company that only wants the stadium and not a football club then so be it. The FL are out of order blocking the Harris bid regardless of the motives behind it, if it will get the creditors the best return. Too many people seem to have forgotten what being in administration means. It's not about avoiding debt and carrying on, it's about making good on whatever quantity of debt that can be serviced. The FCR is a joke in itself. If the FL are going to start dictating that the other creditors have to accept less because they don't fancy the best bidder (even though they would pass the FPPT) then it's got beyond a joke
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Why (oh why oh why) can they not understand that not servicing an agreed CVA is the same as having not agreed one to start with! F*ckwits!
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Perhaps nobody other than the PDT and maybe PKF believe there is any chance of a Judge agreeing to force a sale of the ground at £3m?
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To be fair, if Harris et all pass the FPPT and they have the support of the creditors committee, then the FL are actually a bit out of order refusing permission for them to buy the club.
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Well, the FL aren't going to be able to hide behind their original statement disregarding the Harris bid due to uncertainty and lack of time. The implication is that it could be done immediately and all the details are out in the open (unlike the PDT bid). The FL might just have to be honest and release a statement saying we think you are Chinney stooges!
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On the face of it you'd be mad to turn that bid down! (The key part of that sentence being 'on the face of it' )