Hi Paul, they just sell the group for £30 million and leave the £200 million intercompany loan on the balance sheet as a meaningless figure.Paul Waine wrote: ↑Mon Feb 13, 2023 7:01 pmHi Pete, how are ALK going to sell the club for £30 million and double their return? Who is going to pick up the money that ALK owe to BFC? Wouldn't the truth of your figures be ALK sell the club for £230 million and use £200 million of that amount to repay the money that ALK have borrowed from the club to buy it for £200 million in the first place?
Yes, I know my figures aren't really correct. But, I think you will get my point. Someone will always be responsible for the money that BFC has loaned to Calder Vale/Kettering Capital and the rest of the ownership chain if and when ALK/VSL sell their equity stake to new owners.
However, in my opinion, this is not going to happen for many years.
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Alan Pace
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Re: Alan Pace
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Re: Alan Pace
If you can’t change the people, change the people.
People saying there hasn’t been any improvement are simply choosing to ignore what’s smacking them in the face.
But each to their own and some are intent on having a downer on AlK regardless.
People saying there hasn’t been any improvement are simply choosing to ignore what’s smacking them in the face.
But each to their own and some are intent on having a downer on AlK regardless.
These 4 users liked this post: Burnley1989 123EasyasBFC GodIsADeeJay81 Somethingfishy
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Re: Alan Pace
Be easier for you to name all the improvements you think there has been.arise_sir_charge wrote: ↑Mon Feb 13, 2023 9:44 pmIf you can’t change the people, change the people.
People saying there hasn’t been any improvement are simply choosing to ignore what’s smacking them in the face.
But each to their own and some are intent on having a downer on AlK regardless.