Pay Him Off Vince
- Thread starter Oldsparkey
- Start date
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Sparkey, Just got on here this morning so haven't commented before. I must admit I only followed the debt to equity conversion comments which have been around this site for some time. I (wrongly?) assumed that Langstone WAS Sam in some guise or other. if this is not the case, then certainly due diligence and the like will be necessary for a commercial company to consider such a big change. But VT has often said that he wants to convert and will do when they do.....and seems always to refer to Sam in this regard.
Sorry Frankfurter mate - I was just taking the piss and you've probably taken what I said literally.
The known facts about Sam/Langston/Panama/Switzerland/Tishhauser etc are all in the public domain as a result of the 2008 court battle.
We all accept that that Sam used the "Langston" vehicle in 2004 for the external investment of his own money through a third party loan. Still not sure where his holding company Rudgewick fits into all this, but that vehicle has been around since he came to the club.
The unfathomable question has always been why it was lent on an unsecured basis. If the club went into admin or just completely tits up, he'd get nothing back at all as an unsecured creditor.
Sorry for any confusion - I was just playing devil's advocate pal.
The known facts about Sam/Langston/Panama/Switzerland/Tishhauser etc are all in the public domain as a result of the 2008 court battle.
We all accept that that Sam used the "Langston" vehicle in 2004 for the external investment of his own money through a third party loan. Still not sure where his holding company Rudgewick fits into all this, but that vehicle has been around since he came to the club.
The unfathomable question has always been why it was lent on an unsecured basis. If the club went into admin or just completely tits up, he'd get nothing back at all as an unsecured creditor.
Sorry for any confusion - I was just playing devil's advocate pal.