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Scottie

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Everything posted by Scottie

  1. He would still get some money as the money owed to him is secured debt. i.e. he gets first call on any money made from the assets they liquidate. He could even end up getting more money if they are liquidated than if they come out of administration.
  2. My thoughts and condolences are with his family and friends. We will be eternally grateful to him for saving the club that we love. RIP Marcus.
  3. Actually averaging 30-32k would put have put us around 11th in the Premiership average attendances for this season.
  4. Yes that's right, the agreement was to go ahead and create a CVA. Which should be distributed within 10 days, then a meeting set-up to agree within a further 14-28 days. They only needed 50% of creditors to agree to go ahead and create the CVA but will need 75% to agree the actual CVA (HMRC stands at about 18%). The meeting this week suggested that the CVA will be in the order of 20p in the £1 for unsecured creditors (but over 5 years).
  5. I think your source's logic is something like:- - Trundle is likely to be moving clubs - Saints need some more players Therefore he is moving to Saints. In reality it's been fairly well commented in the press that he wants to go back to Swansea.
  6. The debt is not the clubs's, it's the holding company. Effectively they borrowed the money to buy the club and the 300 million is the remaining balance of the loan. There is almost no chance of LFC going into admin, the holding company might but the club won't. The most likely scenario is that they refinance the loan or get investment.
  7. The creditors are more than aware that we still have assets, any bid has to be worth more to the creditors than the assets. If the bid is not worth more than the assets then the creditors are better off if the club is liquidated. As others have pointed out there is a game of brinkmanship, but the problem is that the creditors have less to lose. The worse case for them is the liquidation of our assets. Also bare in mind that the creditors have a legal obligation to act in the interests of their shareholders.
  8. I spoke to a couple of mates today who were in the corporate section at the game. They said they did hear Lowe rowing with someone. But they thought it funny when I asked if it was a reporter. They said it was a ****ed up guy having a go at Lowe, they said he was basically repeating what was in the Echo and Lowe replied something like you shouldn't believe everything that you see in written in that two bit rag. My mates are fairly reliable, but they were quite likely slightly merry themselves.
  9. To make it a fair comparison you should take into account which division we were in at the time.
  10. I have it on good authority that Rupert Lowe is furious at Chelsea copying our Dutch revolution.
  11. Of course if the story is true then the source has broken stock market rules and insider trading rules. Anyone in a position to actually know if this is true is unlikely to spill the beans (unless they are stupid). This is a rumour that has been going round, it might happen it might not.
  12. A supporters trust really won't help us. All this means is that we would own the club but it still would be broke/ Conversely a rights issue would inject money into the club thus improving our financial position. However a right's issue at 20p, even with the a 1 for 1 basis that would mean at best £6m injected into the club (probably lower due to costs). This would only help the problem in the short term.
  13. My understanding was that Pearson's was paid £160k for the time he was at the club (i.e. approximately for about 4 months work, which works out nearer to £500k a year). But the £160k was made up of basic wage and a bonus for keeping us up.
  14. Full credit to Chorley for actively trying to do something about our situation but I think he has been naive this time. His actions have played right into Lowe's hands. What does an outsider to the club see? They see Lowe being voted back in with 94.95% and then some bloke throwing coins at him. Makes the protests look like the lunatic fringe.
  15. He said that had they known about Delap's throw we might have stayed up. Makes you wonder if the coaching staff wondered around with their eyes closed. Incidentally Delap had a decent game today, think BBC website has him as man of the match.
  16. We can't afford Savage. Derby want to loan him partially because of his high wages. Quashie is not fit. He was training with Birmingham with the aim of proving his fitness to them. Kamara is a possibility for a short term loan.
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