I'm exiled in S London at the moment! I still consider all londoners cockneys
>From: [EMAIL PROTECTED] >To: "Matthew Anderson" <[EMAIL PROTECTED]>, >[EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED], >[email protected] >Subject: Re: [LU] Admin >Date: Fri, 04 May 2007 15:10:59 +0000 > >Dodgy cockney c*nt! > >Nick >( a decidedly non-dodgy south London hence non-cockney non-cunt) > >-------------- Original message -------------- >From: "Matthew Anderson" <[EMAIL PROTECTED]> > > > my understanding is that Bates is the major creditor and as such can > > influence the admistrator! > > > > > > >From: [EMAIL PROTECTED] > > >To: "Mark Humphries" ,"'Simon Hart'" > > >, , > > >Subject: Re: [LU] Admin > > >Date: Fri, 04 May 2007 15:05:52 +0000 > > > > > >But it does state 'on approval of the creditors'...what exactly does >that > > >mean? Why would they approve of Bates being the new owner? Or are the > > >creditors (to the tune of 35 million?) bates and co? > > > > > >Nick > > > > > >-------------- Original message -------------- > > >From: "Mark Humphries" > > > > > > > Not really. We had less than 24 hours to go into admin. Bates, as >the > > > > major creditor, only had to convince the administrator that, >following > > > > relegation, the debts over the company could wipe it out, as might a > > >-10pt > > > > deduction next season. It would be in the best interests of all the > > > > creditors to do this now and not risk -10pts next season. > > > > > > > > Im sure if the administrator had a bit more time to investigate if > > >anything > > > > better would turn up then he would have. > > > > > > > > This is good news for LUFC (yes, and Bates too) because it now >means, > > >once > > > > and for all, our debts will be cleared and anyone wanting to take >over > > >the > > > > club can see their cash being used to improve things, not just >service > > > > existing debts. > > > > > > > > Im sure others will disagree with me though, but at least I have >given > > >the > > > > reasons I think its a good thing! > > > > > > > > -----Original Message----- > > > > From: [EMAIL PROTECTED] > > > > [mailto:[EMAIL PROTECTED] On Behalf Of Simon Hart > > > > Sent: 04 May 2007 15:51 > > > > To: [EMAIL PROTECTED]; [email protected] > > > > Subject: Re: [LU] Admin > > > > > > > > > > > > Seems to me it has allowed Bates to shake off / screw over certain >ex > > > > directors, lose the debt and come up smelling of roses. > > > > > > > > How it can be allowed beggars belief. Surely as a creditor Bates >should > > >be > > > > told to stand in line with his cap in his hand whilst the club is > > >auctioned > > > > off to the highest bidder. It sounds as though they are just selling >it > > > > straight back to bates without even trying to get a better price. > > > > > > > > Of course I know **** all about finances so that is undoubtedly all > > > > bollocks. > > > > > > > > Si. > > > > > > > > > > > > >-----Original Message----- > > > > >From: [EMAIL PROTECTED] > > > > >[mailto:[EMAIL PROTECTED] On Behalf Of > > > > >[EMAIL PROTECTED] > > > > >Sent: 04 May 2007 15:40 > > > > >To: [email protected] > > > > >Subject: Re: [LU] Admin > > > > > > > > > > > > > > >Excuse my financial and business ignorance, but exactly what has >this > > > > >achieved, and what does it mean for the club? > > > > > > > > > >Gaffer > > > > > > > > > > > > > > >----------------------------------------- > > > > >This communication is for informational purposes only. 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