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Posts
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Joined
Everything posted by pedg
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If I remember correctly the PKF list of creditors was not an exact list more a best guess with a request for people who thought were owed money to contact them. Possibly.
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As I understand it the loan would be a short term one and would be secured against one of the future parachute payments with the council requiring agreements from the league(s) that they would be paid the money directly to them. The obvious problems I can see are: 1) When it actually appears they might want to use the loan offer the council may get cold feet and try and find a facesaving way out. 2) Having got the loan they might still go pop before the relevant parachute payment is made. Are the council covered for this?
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Remember, in the manner of M&S adverts, this is not any budget, this is the PST rubustest budget.
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[TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:27[/TD] [TD=class: chatmsgtext viewer_text][TABLE] [TR] [TD][/TD] [TD]Comment From Zorba Are PKF owed all of their fees (est 2 mill) or have they been paid some already? If so, how much is still owed?[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:29[/TD] [TD=class: chatmsgtext altcaster_text][TABLE] [TR] [TD][/TD] [TD]Colin: That is probably a question for PKF. I don't have any information on the sums involved, but this is directly a matter for the creditors, not PST.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] They have no idea of the costs but have budgeted for them anyway?!
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As they have lost to just about everyone I assume there would not be much of a change in the table if they did go pop before the end?
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This evening was bought to you by the letter
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Down 0.9kg this week. Less than last week due to not getting the same level of brisk walking due to the ice on the pavements plus some nice blueberry bakewell tarts I made..
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Headlines like "Something we have known needs to happen for a long time still needs to happen" is not going to sell many papers?
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I think their business plan is SO robust I think it should be referred to as the "Robustest Business Plan".
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How will this go down with the tory doners though as I thought business (CBI, etc) who provide most of the tory partys finance were in favour of us staying in?
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Interesting article on BMI, especially for those of us on the tall side. Agree's with something I have thought which is that the square in the BMI is bias against taller people. To get to an normal weight using normal BMI I would been to get to about 89kg, with the new BMI calculation is 92kg. http://www.nydailynews.com/life-style/health/new-bmi-formula-fatter-article-1.1244317
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That because they are using parachute payment maths and its actually 3 million counted 100 times.
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See their last two matches before the end of the month and the court case are both at home: Saturday and Tuesday. I wonder if their pitch will be in a fit state for either? Looks like the weather rather unpredictable at the moment in terms of whether the freezing weather will still be around then.
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So exactly what connection would this pheonix club have with the current club? Maybe the money from the trust is to buy their 'history' from the liquidator?
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Not really got a post to update. I will add stuff to my first post on this thread
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My Saturday post weigh in update... Definitely losing weight on my 4:3 (like 5:2 but an extra days fast a week) as down 1kg on the week and now over half way to my target, though aim of getting there before my birthday looks remote but need another week really to try and get a better idea of rate. Know from last time I dieted that on the same diet amount lost each week reduces as you get closer to goal so though current line is just about pointing towards my goal its almost certainly going to diverge as I get closer.
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Not to get side tracked again but if going into admin was the only real sensible response to what Barclays did then I think you could get away with saying they put us into admin. If you push someone off a cliff the fall may be what killed them but that does not mean its not your fault.
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Extended highlights on Sky Sports 2 at 10:30 by the way..
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First week loss is mainly water in most cases I believe? As to why such a small change it could just be down to what you ate the night before. (ah just reread that you know why...) I always tend (or did before I made Friday one of my fast days) to use Saturday morning as my 'official' weighing time but also weighed myself friday morning as well in case, for example, had a 'heavy' meal friday evening. Would then use the lower of the two readings for my recorded weight. Also if you have electronic scales might be worth changing to Kg as usually you get a more accurate value as they usually measure to the nearest 100g whereas with pounds and stones you may only get to the nearest pound which is 450g.
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Can see them trying to do something clever with the other land being bought by trying to link profits/rent to that part and not the land trying to buy from PKF or something similar. Would the judge take that into account?
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A question with the proposed tesco option is how are tesco paying. Would they be buying the part where their store would be or paying rent? Though the deal is not with PKF who are the party in the court case can chinny force one of the parties that are privy to the negotiations to testify? if purchased then would not expect judge to agree to a lower price, if rent then he might but would add a condition that chinny paid from rent till his secured charge is cleared?
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Next to Bestestest, a term used to refer to the Bestest of the Bestest.
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So no indication where these extra millions to buy PF are coming from then?
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Both sides keen to delay too much costly court time till after the next parachute payment perhaps?
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But still not clear if the 31st is a deferral of the short meeting to decide on a date to resume or it is the resumption? Maybe PKF said to Chinny, "Can we try again on the 31st?", Chinny says yes and its then rubber stamped by the judge? Alternatively in the judges interest to get them to reach a decision without him so maybe they just pushed back the decide a date meeting a bit more to hope they can.