The owner of the Saintsweb site has just tweeted...................... Info on Companies House website is showing that Saints fc have loaned an unspecified amount of money from a BVI-registered company with a fixed and floating charge on all assets. Or, in other words, the Liebherr estate appears to not be covering losses anymore, club borrowed money from shady company in a tax haven BVI is (as we all know only too well) British Virgin Isles where Portpin is registered. Does anyone think that Mr Chanrai might be up to something??????
I think you will find that the staff were still there as they were in clear public view to anybody that passed the ground. As for the loan it is normal practise.
Apparently its secured against next season's TV money, whether that is Premier league or parachute payments. That's just borrowing. All companies do it. Problems will arise only if we can't pay it. Personally I think this loan is to cover what Bologna wanted up front for Ramirez.
Ali Al-Faraj and/or Ali-Al Mirage ? The choice is yours.......... Let us hope for the sake of Saints fans, that they haven't borrowed the money from one of Ali or Balram's companies
It was reported on South Today yesterday, building staff were told to stay at home, BBC camera's were at the training ground and security staff had it all locked up and were keeping everyone out. http://m.dailyecho.co.uk/sport/9964111.Work_stops_at_Saints__training_ground/ Also reported in the Echo too.