Truro City players not paid!

[bandwagon]

Proper tangled web this is - where is this bloody FL response!!

 

[Anonymous]

I have had an e-mail back from the Football League which confirms that they are still looking into Kevin Heaney's position at Truro City as well as his involvement in the Bishop International Ltd / PAFC (125) Ltd preferred bid.

This comes on a day when it is understood that he is still trying to secure an agreement in a meeting with Lombard as the principal secured creditor. I am sure that Lombard, as part of a publicly owned bank (RBS) will want to be assured of the source of the funding before agreeing to settle their secured debt and allow the purchase of the freehold of Home Park to be completed.

So two of the principal condition precedents to the completion of the Sale and Purchase Agreement have still not been overcome with less than four working days to Guilfoyle's imposed deadline.

 

[Anonymous]

Let's pray that Brendan, does not give the Contigency Committee a derisory 24 hour deadline then.

4 months for Plan A and 24 hours for The Contigency, not equitable is it? :think:

 

[Quintrell Green]

Let's pray that Brendan, does not give the Contigency Committee a derisory 24 hour deadline then.

4 months for Plan A and 24 hours for The Contigency, not equitable is it? :think:

Totally inequitable that would be. I find it simply amazing that we are so close to the apparent deadline day and the arrangement with the principal secured creditor is not agreed. This in my book, would be the sort of thing handled by the PB's solicitors directly with the legal dept. of Lombard Finance weeks ago.

 

[Womble]

Don't worry, mariner will be along soon to explain to us that there delays are standard business practice!

 

[Tim Chown]

And now it seems the 12th is not a deadline at all.

:banghead: :banghead: :banghead: :banghead: :banghead:

 

[LiskeardLooney]

I wonder if it all does go wrong at Truro and they end up in administration, if BG would be interested in it?

 

[Glynn]

I heard from my rock solid source that they were told by Heaney they would get paid by cheque tonight/tomorrow as Heaney had received a payment but needed to wait until the funds had cleared.

I wonder if this is the £5million+ prop sale needed to buy Argyle.

 

[ScratchyMattress]

Can only hope Hattrick13. Actually, that might be the most hope-inspiring post I've seen on the rumours board in a long time.

 

[sharkbait]

I heard from my rock solid source that they were told by Heaney they would get paid by cheque tonight/tomorrow as Heaney had received a payment but needed to wait until the funds had cleared.

I wonder if this is the £5million+ prop sale needed to buy Argyle.

Bloody hope not.

 

[FordGreen]

I heard from my rock solid source that they were told by Heaney they would get paid by cheque tonight/tomorrow as Heaney had received a payment but needed to wait until the funds had cleared.

I wonder if this is the £5million+ prop sale needed to buy Argyle.

Bloody hope not.

Plus 1. I don't want that shyte anywhere near Argyle. :banghead:

 

[ScratchyMattress]

I don't either, but boy do I want this over with.

 

[Quintrell Green]

I cannot believe for one moment that this amount of money would be made available such that it needed a cheque to clear. It would be done by fast electronic transfer in as little as 10 minutes if need be.

 

[FordGreen]

That's a very good point. Amounts like £5m would never be transferred by cheque. Another bleddy curveball from the little ginger winker methinks?

 

[COYGL12]

I heard from my rock solid source that they were told by Heaney they would get paid by cheque tonight/tomorrow as Heaney had received a payment but needed to wait until the funds had cleared.

I wonder if this is the £5million+ prop sale needed to buy Argyle.[/quote]

Won't happen.