Abdullah still the owner then? (2/2/16)

Abdullah still the owner then? (2/2/16)

Postby Keith » Thu Feb 02, 2017 5:34 pm

According to Cala, he's bought G50 'subject to EFL approval.
Therefore, Abdullah is still the owner.

Why isn't he paying the wages?

I can't imagine/work out, how he's gaining from screwing us over? Has he got hold of the shares on the cheap and sold them at an inflated price? But how would that happen? Has he just been p****ed off because Diego screwed him and he just wants to cut his losses? In which case, why not work with the club to sort the mess out?

If the EFL refuse Cala as a 'fit & proper person', then what does Abdullah do next? Any value in his share holding will collapse as the circus trundles on. If we go in to administration, then his value is nil and he's at the back of the queue as a creditor?

And if Cala is approved...

FFS. :evil: :evil: :evil:
“Britain faces a simple and inescapable choice - stability and strong Government with me, or chaos with Ed Miliband: ".

David Cameron. May 4th 2015.
So how did that work out then?
User avatar
Keith
Site Admin
 
Posts: 22373
Joined: Wed Jun 18, 2008 3:39 pm
Location: Isle of Man

Re: Abdullah still the owner then? (2/2/16)

Postby Gnasher » Thu Feb 02, 2017 5:38 pm

Nearly, we're in limbo. Cala has bought the shares but the league says he can't run the club yet. So Abdul doesn't own G50 and Cala can't run the club.
Legally permitted to use "Gnasher" by DC Thomson's lawyers since 1999.
#TooMuchTimeOnMyHands
Gnasher
 
Posts: 2847
Joined: Tue Oct 28, 2008 3:30 pm

Re: Abdullah still the owner then? (2/2/16)

Postby Keith » Thu Feb 02, 2017 5:40 pm

Gnasher wrote:Nearly, we're in limbo. Cala has bought the shares but the league says he can't run the club yet. So Abdul doesn't own G50 and Cala can't run the club.


But Cala said the deal was done "subject to EFL approval" therefore, presumably, the deal isn't done yet and Cala doesn't own the shares? Also, in his rant, he asks why the owners of G50 aren't paying wages?
“Britain faces a simple and inescapable choice - stability and strong Government with me, or chaos with Ed Miliband: ".

David Cameron. May 4th 2015.
So how did that work out then?
User avatar
Keith
Site Admin
 
Posts: 22373
Joined: Wed Jun 18, 2008 3:39 pm
Location: Isle of Man

Re: Abdullah still the owner then? (2/2/16)

Postby mrpotatohead » Thu Feb 02, 2017 5:43 pm

Cala has paid for the shares, unfortunately if it isn't not him, then it's up to him who has them next, we won't see Abdul again, he's been paid and probably a bit poorer but wiser.
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 8051
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus

Re: Abdullah still the owner then? (2/2/16)

Postby fulwoodshrimp » Thu Feb 02, 2017 5:50 pm

I suspect whilst all this nonsense is going on a counter bid is possible. Please let a consortium be formed to put in a bid!
fulwoodshrimp
 
Posts: 1204
Joined: Sun Nov 09, 2014 7:28 pm

Re: Abdullah still the owner then? (2/2/16)

Postby Christies Child » Thu Feb 02, 2017 5:55 pm

mrpotatohead wrote:Cala has paid for the shares, unfortunately if it isn't not him, then it's up to him who has them next, we won't see Abdul again, he's been paid and probably a bit poorer but wiser.


*ucking mess that's for sure.

I'm still holding out for the EFL to refuse permission to both Cala and G50 to take control after all the underhand wheeling and dealing that has gone on behind the back of our club and PMcG in particular.

Surely the EFL can't be happy with the way one of their clubs has been subject to such underhand dealings.

I still don't understand who actually is the owner of G50..is it Abdul or is it the North East based accountant... :?: :?: :?:
Heroes get mentioned but Legends never die.
Christies Child
 
Posts: 14744
Joined: Fri Jun 27, 2008 11:34 am
Location: Storth, South Lakes

Re: Abdullah still the owner then? (2/2/16)

Postby mrpotatohead » Thu Feb 02, 2017 5:59 pm

Unfortunately if he doesn't get approved then we are still screwed, no consortium or saviour had expressed any interest to abdul before Cala, which would have been ideal.
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 8051
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus


Return to General Discussion

Who is online

Users browsing this forum: Bing [Bot], Google [Bot], Hodgie1978, jbc.shrimp and 59 guests