Mihangel Posted January 4, 2020 Share Posted January 4, 2020 8 minutes ago, RoyMac5 said: @redfern_ian " 'Delayed by unforeseen issue' according to Morris on radio, although I see Companies Hse now shows that Rams Investment Ltd (Gabay's newco) has been granted mortgages (inc PPS) by Mel's asset owning companies. Looks like the "investment" isn't entirely unsecured share capital! From what I see, Gabay is making his "investment" into DCFC via a new company called Rams Investments Ltd. The company which evidently owns PPS now (under Mel's control) & the overall holding company for Mel's DCFC activities have both given security to Rams Investment. If Gabay was investing entirely in shares in DCFC , then that's by definition an unsecured risk. Looks like (at least) part of his investment is a loan & a secured loan at that; where he gets security over PPS. So not only does DCFC no longer own PPS, it's mortgaged too.' " Yep, that's the text I'm referring to.... Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 4, 2020 Share Posted January 4, 2020 2 minutes ago, ShoreRam said: Yep, that's the text I'm referring to.... So how would you interpret it? Link to comment Share on other sites More sharing options...
Mihangel Posted January 4, 2020 Share Posted January 4, 2020 8 minutes ago, RoyMac5 said: So how would you interpret it? I wouldn't - Because without understanding the details of the contracts and agreements that underpin the debenture, you can't interpret, it's just supposition and guesswork.... Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 4, 2020 Share Posted January 4, 2020 11 minutes ago, ShoreRam said: I wouldn't - Because without understanding the details of the contracts and agreements that underpin the debenture, you can't interpret, it's just supposition and guesswork.... So a mortgage isn't a mortgage? Link to comment Share on other sites More sharing options...
Archied Posted January 4, 2020 Share Posted January 4, 2020 2 minutes ago, RoyMac5 said: So a mortgage isn't a mortgage? Secured against Chris martin? Link to comment Share on other sites More sharing options...
Mihangel Posted January 4, 2020 Share Posted January 4, 2020 8 minutes ago, RoyMac5 said: So a mortgage isn't a mortgage? What mortgage? Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 4, 2020 Share Posted January 4, 2020 9 minutes ago, ShoreRam said: What mortgage? "...although I see Companies Hse now shows that Rams Investment Ltd (Gabay's newco) has been granted mortgages (inc PPS) by Mel's asset owning companies. Looks like the "investment" isn't entirely unsecured share capital! " This? Link to comment Share on other sites More sharing options...
NottsRam77 Posted January 4, 2020 Share Posted January 4, 2020 3 hours ago, RoyMac5 said: "...although I see Companies Hse now shows that Rams Investment Ltd (Gabay's newco) has been granted mortgages (inc PPS) by Mel's asset owning companies. Looks like the "investment" isn't entirely unsecured share capital! " This? I don’t get it are we rich or not ? Lol Link to comment Share on other sites More sharing options...
i-Ram Posted January 4, 2020 Share Posted January 4, 2020 3 hours ago, Archied said: Secured against Chris martin? Does that mean the deal is on its arse? Link to comment Share on other sites More sharing options...
Rev Posted January 4, 2020 Share Posted January 4, 2020 As far as I understand it, there could be many reasons why a charge could be placed against a property, not just a mortgage. For example, I could give my son the money to buy a house, but place a charge against the property so he can't just sell it and pocket the cash, placing myself first in the queue to receive my money back if the property is sold. In the above case, I'd be investing in the future, hoping it goes to plan, while protecting myself should the worst happen. I'd say this is a similar scenario, on a much bigger scale. Link to comment Share on other sites More sharing options...
i-Ram Posted January 4, 2020 Share Posted January 4, 2020 2 hours ago, reverendo de duivel said: As far as I understand it, there could be many reasons why a charge could be placed against a property, not just a mortgage. For example, I could give my son the money to buy a house, but place a charge against the property so he can't just sell it and pocket the cash, placing myself first in the queue to receive my money back if the property is sold. In the above case, I'd be investing in the future, hoping it goes to plan, while protecting myself should the worst happen. I'd say this is a similar scenario, on a much bigger scale. You think your son is going to sell Mel’s stadium, and pocket the cash. Jeez, kids today. Link to comment Share on other sites More sharing options...
Topram Posted January 4, 2020 Share Posted January 4, 2020 Ryan Conway for athletic says he’s heard it’s Gabay own money Link to comment Share on other sites More sharing options...
europia Posted January 4, 2020 Share Posted January 4, 2020 3 hours ago, NottsRam77 said: I don’t get it are we rich or not ? Lol More to the point, will next months wages be paid on time Link to comment Share on other sites More sharing options...
Rev Posted January 4, 2020 Share Posted January 4, 2020 30 minutes ago, i-Ram said: You think your son is going to sell Mel’s stadium, and pocket the cash. Jeez, kids today. He's spent all Xmas drinking my beer, while keeping his safely out of sight. I wouldn't put it past him. Link to comment Share on other sites More sharing options...
hintonsboots Posted January 5, 2020 Share Posted January 5, 2020 2 minutes ago, europia said: More to the point, will next months wages be paid on time Unless they win 3 out of 4 I wouldn’t pay them......surely they’re on a performance related deal. Link to comment Share on other sites More sharing options...
DCFC1388 Posted January 5, 2020 Share Posted January 5, 2020 Link to comment Share on other sites More sharing options...
ram1964 Posted January 6, 2020 Share Posted January 6, 2020 Can anyone cast a t light on to how much this guy is worth,what his interest is in DCFC. cheers Link to comment Share on other sites More sharing options...
Bald Eagle's Barmy Army Posted January 6, 2020 Share Posted January 6, 2020 4 minutes ago, ram1964 said: Can anyone cast a t light on to how much this guy is worth,what his interest is in DCFC. cheers He's worth approx £16 billion and he once brought a scrave and flange for DCFC but realised he didn't like their music. Link to comment Share on other sites More sharing options...
Sparkle Posted January 6, 2020 Share Posted January 6, 2020 On 04/01/2020 at 20:05, NottsRam77 said: I don’t get it are we rich or not ? Lol Let me help with some basic economics we are the 5th richest county in the world - we have a massive deficit as a nation - i hope that helps ! Link to comment Share on other sites More sharing options...
Josh Posted January 6, 2020 Share Posted January 6, 2020 15 minutes ago, ram1964 said: Can anyone cast a t light on to how much this guy is worth,what his interest is in DCFC. cheers Not much Link to comment Share on other sites More sharing options...
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