Financial situation, doom & gloom reports etc

[Bender]

Not good,do you think they will sell out tom

[Tom]

Well anything's possible I guess, but I think we'll have to settle for the fact that we are going to get lumbered with a huge debt. Great news no?

[Bender]

i think they will go before the stadium even gets built,if they can get back their intial investment they will be happy

[The Glove]

Moores isnt on the board is he? He just has an honoury position.

[Tom]

They'll look for a profit. As I said yesterday they are corporate ram-raiders looking to leverage as much profit as possible.

[Tom]

Moores isnt on the board is he? He just has an honoury position.

He has an honouary position on the board.

[The Glove]

Infact, isnt the board just Hicks and Son, Gillett and Son and then everyones favourite Chief Exec? If thats the case, then which board memebers are angry? Parry will go with the flow, if the owners want to do something then their lads arent gonna turn on them are they?

[Rocket]

Well anything's possible I guess, but I think we'll have to settle for the fact that we are going to get lumbered with a huge debt. Great news no?

obviously its not ideal, but if its required to pay for the stadium, and our increased profitability more than covers the fixed interest charges, so be it.

[FatTony]

IMO the stadium plan review is nothing more than a delaying tactic, there will probably still be no "shovel in stanley park" come 2009.

These guys have done a job on all of us.

[The Glove]

He has an honouary position on the board.

So his opinion on things doesnt count and he cant do anything.

[Bender]

They'll look for a profit. As I said yesterday they are corporate ram-raiders looking to leverage as much profit as possible.

end of the day yeah a profit is what they want,but if they continue to have financial woes then getting back their investment will be the best they can hope for,all will depend if they want to sell and how desperate the make themselves,i mean these reports bout hicks apporoaching dic if true show their already showing their desperation

[redlancer]

He has an honouary position on the board.

will he still pay his 30quid though?

[Tom]

Infact, isnt the board just Hicks and Son, Gillett and Son and then everyones favourite Chief Exec? If thats the case, then which board memebers are angry? Parry will go with the flow, if the owners want to do something then their lads arent gonna turn on them are they?

And Moores, It's the sons, parry and moores in an honouary role.

[Tom]

So his opinion on things doesnt count and he cant do anything.

Fraid so.

[Tom]

obviously its not ideal, but if its required to pay for the stadium, and our increased profitability more than covers the fixed interest charges, so be it.

That may or may not be the case, but it goes directly in the face of what they promised when they took over the club. Which either shows financial incompetance or a worrying atitude toward the truth.