deanoakaram4life Posted January 10, 2022 Share Posted January 10, 2022 11 minutes ago, MackworthRamIsGod said: Quick Google shows he is worth "at least 1.2 million dollars". I'm guessing that website is incorrect. Is this the return of the “Shaun Barker” type fee ? hintonsboots 1 Link to comment Share on other sites More sharing options...
Bald Eagle's Barmy Army Posted January 10, 2022 Share Posted January 10, 2022 15 minutes ago, i-Ram said: Not Rach Riley? I’d let her skip the £5m non refundable payment and just let her put a nice pear ? on the table. i-Ram 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted January 10, 2022 Share Posted January 10, 2022 12 minutes ago, Topram said: No wonder they’re struggling to come up with the funds then ? Says he owns half a million worth of shares in tupper ware. We have hit the jackpot. jimtastic56 1 Link to comment Share on other sites More sharing options...
ThePrisoner Posted January 10, 2022 Share Posted January 10, 2022 Just now, MackworthRamIsGod said: Says he owns half a million worth of shares in tupper ware. We have hit the jackpot. Imagine he’s sent a sealed bid Chester40, Arsene Titman, EtoileSportiveDeDerby and 8 others 1 3 7 Link to comment Share on other sites More sharing options...
Heisenberg Posted January 10, 2022 Share Posted January 10, 2022 This was tweeted by BAWT last Thursday so I expect we’ll hear something from the admins today, then? jimtastic56 and I know nuffin 2 Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted January 10, 2022 Share Posted January 10, 2022 4 minutes ago, ThePrisoner said: Imagine he’s sent a sealed bid We certainly need some fresh money. jimtastic56 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 10, 2022 Share Posted January 10, 2022 1 minute ago, The Scarlet Pimpernel said: We certainly need some fresh money. We need the deal sealed up tight! Barney1991 and jimtastic56 1 1 Link to comment Share on other sites More sharing options...
Amberram Posted January 10, 2022 Share Posted January 10, 2022 I just hope we avoid being tinpot Link to comment Share on other sites More sharing options...
Simmoram2024Ramsrontheup Posted January 10, 2022 Share Posted January 10, 2022 Can’t find Rich Riley’s actual worth, but he co created and founded Shazam and was on the board of yahoo for over 10 years Link to comment Share on other sites More sharing options...
Barney1991 Posted January 10, 2022 Share Posted January 10, 2022 15 minutes ago, ThePrisoner said: Imagine he’s sent a sealed bid If he has we won’t be able to container selves Andrew3000 1 Link to comment Share on other sites More sharing options...
CornwallRam Posted January 10, 2022 Share Posted January 10, 2022 On 09/01/2022 at 12:17, Indy said: Yes. The difference is that this doesn’t need to go to an investigation to cause us damage. The very threat of it is interfering with our takeover, and risking our liquidation due to the uncertainty. The Athletic reckon it will be impossible to get a CVA, so we'll need a court ordered agreement. No club has ever exited administration that way, so the EFL will have to invent so new sanctions, just for us...what could possibly go wrong? Ramarena 1 Link to comment Share on other sites More sharing options...
Gringo Posted January 10, 2022 Share Posted January 10, 2022 21 minutes ago, MackworthRamIsGod said: Says he owns half a million worth of shares in tupper ware. We have hit the jackpot. Wrong Rich Riley California Ram. 1 Link to comment Share on other sites More sharing options...
Ramarena Posted January 10, 2022 Share Posted January 10, 2022 48 minutes ago, Philmycock said: Kraftwerk?????? Andrew3000 1 Link to comment Share on other sites More sharing options...
Ramarena Posted January 10, 2022 Share Posted January 10, 2022 1 hour ago, Coconut's Beard said: The already compliant / complicit EFL, if Nixon's story is true Who knows how deep that rabbit hole goes jimtastic56 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 10, 2022 Share Posted January 10, 2022 (edited) 15 minutes ago, CornwallRam said: The Athletic reckon it will be impossible to get a CVA, so we'll need a court ordered agreement. No club has ever exited administration that way, so the EFL will have to invent so new sanctions, just for us...what could possibly go wrong? Why would it be impossible to get a CVA? And why would Efl impose sanctions just because some awkward creditor screwed it up for everyone else? Edited January 10, 2022 by PistoldPete Link to comment Share on other sites More sharing options...
Maharan Posted January 10, 2022 Share Posted January 10, 2022 19 minutes ago, PistoldPete said: Why would it be impossible to get a CVA? And why would Efl impose sanctions just because some awkward creditor screwed it up for everyone else? I think they say that it's in relation to the major creditor being HMRC, and they're unlikely to accept a CVA, as they'll want every penny they are owed. I don't know the in's and out's, I'm just reporting on what the article says. Link to comment Share on other sites More sharing options...
PistoldPete Posted January 10, 2022 Share Posted January 10, 2022 6 minutes ago, Maharan said: I think they say that it's in relation to the major creditor being HMRC, and they're unlikely to accept a CVA, as they'll want every penny they are owed. I don't know the in's and out's, I'm just reporting on what the article says. They have to accept anything that’s better than liquidation there should be no need to go to Court to enforce that. Link to comment Share on other sites More sharing options...
TuffLuff Posted January 10, 2022 Share Posted January 10, 2022 Surely the naming of the backer by Nixon should be seen as good news? You’d presume that’s coming from the administrators? Maybe it shows we are another step closer if Riley is willing to be named. Link to comment Share on other sites More sharing options...
Maharan Posted January 10, 2022 Share Posted January 10, 2022 8 minutes ago, PistoldPete said: They have to accept anything that’s better than liquidation there should be no need to go to Court to enforce that. well clearly the people at the Athletic think otherwise. I don't know enough about the legal framework to offer an opinion either way. (They talk about a court ordered restructuring plan which involves something known as a 'cross-class cram down'. Basically slightly more more than they'd get via liquidation.) Link to comment Share on other sites More sharing options...
PistoldPete Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Maharan said: well clearly the people at the Athletic think otherwise. I don't know enough about the legal framework to offer an opinion either way. (They talk about a court ordered restructuring plan which involves something known as a 'cross-class cram down'. Basically slightly more more than they'd get via liquidation.) But if they get offered more than they get in liquidation (which is nothing) why would you turn that down especially if the court has the power to enforce that? Link to comment Share on other sites More sharing options...
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