Bloody GFH

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MIGHTY said:
They are owed money either needs paying up and gone or they want their share simples really
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Master businessman and crook hoisted by his own stupidity and ineptitude again. I wonder how quickly he is getting through the fortune his old man built up.
 
said it before they are in a win win position someone has to pay them off cos they aint gonna walk away <laugh>

Rad doing DD ? expect tons more to hit the fan (forgive the pun)
 
Who is at fault though, GFH or Cellino?

Cellino didn't want to stump up the cash so he came to an agreement with them.

I hate GFH but you can't blame them for wanting what they feel is owed, the idiot in this is Cellino, he agreed to the terms and signed the agreements.
 
ristac said:
Who is at fault though, GFH or Cellino?

Cellino didn't want to stump up the cash so he came to an agreement with them.

I hate GFH but you can't blame them for wanting what they feel is owed, the idiot in this is Cellino, he agreed to the terms and signed the agreements.
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Its cellinos fault, same as the lack of a preseason last year ( a **** up we are about to repeat btw), and the lack of recruitment in january.. He is the main reason our season started late and fizzled out so spectacularly...
If corbyn was a football club owner.......
 
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chippy / glory said:
Its cellinos fault, same as the lack of a preseason last year ( a **** up we are about to repeat btw), and the lack of recruitment in january.. He is reason our season started late and fizzled out so spectacularly...
If corbyn was a football club owner.......
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no quite true
last year cellino tried to stop your players going on their hols at seasons end because he was paying their wages up to june
this year they went on hols in March <laugh>
 
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Honestly, this is all an overreaction. This has been known for ages, we all debated it months ago. GFH placed a charge on the club of 17 million when Cellino bought 100% of the club. It meant no major outlay could be made without it being settled, i.e. Cellino couldn't buy back ER without paying the 17 million back to GFH first. Radz must have been aware of it when he bought his half of the club, it's there on companies house ffs.
The only thing I thought (read reported) was that the club (Cellino / Radz) had negotiated to pay it over however many years. Point is it surely can't be a deal breaker as all parties must have known the charge was in place.
We ARE in silly non news season remember.
 
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Leedsoflondon said:
Honestly, this is all an overreaction. This has been known for ages, we all debated it months ago. GFH placed a charge on the club of 17 million when Cellino bought 100% of the club. It meant no major outlay could be made without it being settled, i.e. Cellino couldn't buy back ER without paying the 17 million back to GFH first. Radz must have been aware of it when he bought his half of the club, it's there on companies house ffs.
The only thing I thought (read reported) was that the club (Cellino / Radz) had negotiated to pay it over however many years. Point is it surely can't be a deal breaker as all parties must have known the charge was in place.
We ARE in silly non news season remember.
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I'll be honest. I never understood the intricacies of the charge thing. Still don't! :(
 
Whitejock said:
I'll be honest. I never understood the intricacies of the charge thing. Still don't! :(
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Me neither completely. Just making the point that it's old news raked up because the season is over and Leeds news attracts big attention. I believe nothing until officially announced at this time of year <ok>
 
Leedsoflondon said:
Honestly, this is all an overreaction. This has been known for ages, we all debated it months ago. GFH placed a charge on the club of 17 million when Cellino bought 100% of the club. It meant no major outlay could be made without it being settled, i.e. Cellino couldn't buy back ER without paying the 17 million back to GFH first. Radz must have been aware of it when he bought his half of the club, it's there on companies house ffs.
The only thing I thought (read reported) was that the club (Cellino / Radz) had negotiated to pay it over however many years. Point is it surely can't be a deal breaker as all parties must have known the charge was in place.
We ARE in silly non news season remember.
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Exactly <applause>
 
Leedsoflondon said:
Honestly, this is all an overreaction. This has been known for ages, we all debated it months ago. GFH placed a charge on the club of 17 million when Cellino bought 100% of the club. It meant no major outlay could be made without it being settled, i.e. Cellino couldn't buy back ER without paying the 17 million back to GFH first. Radz must have been aware of it when he bought his half of the club, it's there on companies house ffs.
The only thing I thought (read reported) was that the club (Cellino / Radz) had negotiated to pay it over however many years. Point is it surely can't be a deal breaker as all parties must have known the charge was in place.
We ARE in silly non news season remember.
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i can see 17 million problems <laugh>
theres a charge on the club they want their dosh perhaps you will pay them <ok>
 
sounding more like cellino didnt buy out GFH he just made a deal where he pays them back in installments they agreed and put a charge on the club <ok>

now he is selling

2 choices pay us up and its 100% yours to sell (or) we still own our 25% your choice mr cellino
 
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