Head Honcho Posted 31 August 2005 Share Posted 31 August 2005 I wish people would stop saying that the money from the Connolly transfer will help cut our debt.Any profit made from the Connolly transfer will not go towards reducing our debt.We have a payment plan in place which works pretty much like a fixedrate mortgage we pay the same amount back every month.Dont ask me where the money is going but i can guess!! Link to comment Share on other sites More sharing options...
Babylon Posted 31 August 2005 Share Posted 31 August 2005 I wish people would stop saying that the money from the Connolly transfer will help cut our debt.Any profit made from the Connolly transfer will not go towards reducing our debt.We have a payment plan in place which works pretty much like a fixedrate mortgage we pay the same amount back every month.Dont ask me where the money is going but i can guess!! Stop centre aligning your text!!!!!!!!!!!!!! The board are not going to pocket the money for goodness sake. If it is needed to cover wages etc if we are for various reasons running over budget, then so be it. Link to comment Share on other sites More sharing options...
Head Honcho Posted 31 August 2005 Author Share Posted 31 August 2005 Stop centre aligning your text!!!!!!!!!!!!!! WHY Link to comment Share on other sites More sharing options...
Babylon Posted 31 August 2005 Share Posted 31 August 2005 WHY Because it makes it much harder to read. Link to comment Share on other sites More sharing options...
Head Honcho Posted 31 August 2005 Author Share Posted 31 August 2005 okey dokey Link to comment Share on other sites More sharing options...
Babylon Posted 31 August 2005 Share Posted 31 August 2005 okey dokey Cheers chap Link to comment Share on other sites More sharing options...
cisono Posted 31 August 2005 Share Posted 31 August 2005 Indeed... stop center-aligning your text: it makes it look like a poem! Link to comment Share on other sites More sharing options...
Guest Posted 31 August 2005 Share Posted 31 August 2005 I wish people would stop saying that the money from the Connolly transfer will help cut our debt.Any profit made from the Connolly transfer will not go towards reducing our debt.We have a payment plan in place which works pretty much like a fixedrate mortgage we pay the same amount back every month.Dont ask me where the money is going but i can guess!! We can pay back more than the agreed amount. We were ahead of payments when the open meeting on the groundshare was held. Link to comment Share on other sites More sharing options...
Foxes_Trust Posted 31 August 2005 Share Posted 31 August 2005 Stop centre aligning your text!!!!!!!!!!!!!! The board are not going to pocket the money for goodness sake. If it is needed to cover wages etc if we are for various reasons running over budget, then so be it. And those reasons for going over budget include not having the level of support the club had planned for. Just to confirm no board member or shareholder has taken money out of the club, no dividends have been paid out, nor were they expected to be by any shareholder Link to comment Share on other sites More sharing options...
Louise Posted 31 August 2005 Share Posted 31 August 2005 Davis said on the radio today, when asked if Levein would spend the rest of the 2 million in January/July, that the club had to take into account the 2k of lost ST holders and generally he sounded quite shifty about saying whether CL would spend the money or not. (Obviously even thought we've only spent 725k today of the 2 million that has been made public, there will still be agent fees and wages, so we probably wouldn't have had 1 million to spend in the future anyway...). Link to comment Share on other sites More sharing options...
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