Quote:
Originally Posted by Oggy
Don't know about buy-out (terminology?), more wil become evident after representatives from the meeting have had their meeting this week, hosted by a lawyer. It must be frustrating to be so far away, RR and others, but I'm sure all the points you raise on here will be collated and taken to that meeting.
Ilyas made the point, at the outset of the meeting, that to try and put everything in a post on here would be like typing War and Peace, and he's right. 
But, hopefully, between us, we can develop the story, understandably no-one wants to put misleading stuff on here, but it can be hard to get it exactly right.
The David O'Neill takeover? It's now common knowledge that he put £150,000 into the club to stave off the taxman last year. However don't fully understand the present position, anyone else? |
Re the £150K, it's my understanding (from folk at Friday's meeting) the £150K was if you like a deposit on the money to be stumped up for EW's share's. The rest was to be in the region of another £300K ish. I asked the question of The DON's £150K, in the meeting, nobody had the answer at that point.. Later in the pub I asked the question again, along the lines of if The DON has £150K in and no way of finding the rest, why does he not get £150K worth of share's?? Cos EW won't do that was the reply... So what about the £150K I asked?? As far as EW will be concerned, it will be looked upon as a "Gift" I was told... Best I can do folks, it is not gospel, but it is from one who knows and can be trusted to tell the truth and tell it how it is...