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Showing results 1 to 8 of 8
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Search: Posts Made By: Tealeaf
Forum: Accrington Stanley 03-06-2010, 21:05
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

I certainly have every confidence in Ilyas sorting this mess out. But what surprises me is this - if the books are as bad as is now suggested by the time scale of the investigation and audit, how the...
Forum: Accrington Stanley 03-06-2010, 19:46
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

Am I banging my head against a brick wall here? The point is quite simple...If EW has 51% of the shares then he still in control of the club..and as such he has the final say on whether there is a...
Forum: Accrington Stanley 03-06-2010, 17:15
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

OK..this then should put it to bed. When the £200K share issue was voted on, did that vote include EW's 51% voting right? If so, then it's done and dusted..if not, it's meaningless.

Simple,...
Forum: Accrington Stanley 03-06-2010, 16:00
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

Err...it makes one hell of a difference if he has the majority shareholding. The other creditors, are of course Ilyas, PM et all. The problem lies in the process of converting their loans into...
Forum: Accrington Stanley 03-06-2010, 15:28
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

Sorry, Jeff, but I think you're wrong. If those shares are worhless then EW would have got rid of them in a fire sale long ago. Without looking at the latest balance sheet I would guess that net...
Forum: Accrington Stanley 03-06-2010, 12:18
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

Surely the share sale at an agreed price and the matter of what is on the balance sheet are seperate issues? If the sale was agreed last year, then why has it still not gone through some 12 months...
Forum: Accrington Stanley 03-06-2010, 11:45
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

The problem as I see it is that if EW is reluctant to sell off all or some of his current shareholding - probably because the price cannot be agreed upon - then the only alternative is to force a...
Forum: Accrington Stanley 02-06-2010, 17:06
Replies: 315
Views: 17,815
Posted By Tealeaf
Re: Coley & Jimmy Demand Contract Resolution

I know this is a long shot - but I wonder if this may have 'owt to do with the formal transfer of share ownership between EW and D'O'n? If this has still not gone through then the former still has a...
Showing results 1 to 8 of 8

 

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