16-09-2010, 14:46
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#87
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Senior Member+
Join Date: Jul 2007
Location: Down 'Amnesia Alley !'
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Re: Tuesday Meeting
Quote:
Originally Posted by Doug
Jeff, I don't doubt that he has & continues to support the club financially. My understanding is that a loan only becomes a debt if you don't meet the conditions of the loan or pay it back. 200k is the amount given in terms of shares spoken about. All this is getting messy and out of hand and can only damage the club if it continues. I'm sure that Ilyas could have/should have bought the club for less than £1m. What I can't understand is why he just doesn't buy it and bring all this to an end and then the club can get on with winning pomotion.
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And the saddening thought is Doug....that it is more than likely to get even messier, even more convoluted and so cause more dismay and consternation amongst all who care for the welfare of our Club.
For this reason alone it cries out for an early and lasting resolution !. ( IMHO !!)
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