The noses are in receivership
5 posters
Page 1 of 1
The noses are in receivership
http://www.bbc.co.uk/news/uk-england-birmingham-31504347
Hopefully the first step in disappearing from the pools coupon forever.....................
Hopefully the first step in disappearing from the pools coupon forever.....................
De Kuip- Posts : 2899
Reputation : 3700
Join date : 2014-05-20
Age : 107
Re: The noses are in receivership
Such a shame...
To be honest, I think it's bang out of order how the dodgy Chinese lot are running that club but I struggle to care at all. Scumbags.
To be honest, I think it's bang out of order how the dodgy Chinese lot are running that club but I struggle to care at all. Scumbags.
Villa_Dan- Posts : 4425
Reputation : 4106
Join date : 2014-05-13
Re: The noses are in receivership
An interesting read. I did laugh at this bit at the end:
That's right. Not long to go now and the pain will all be over. You all just keep right on.
There may be some short-term pain but Birmingham City supporters will hope that in the long run this could herald a fresh start for their club.
That's right. Not long to go now and the pain will all be over. You all just keep right on.
Trotters- Posts : 9683
Reputation : 5309
Join date : 2014-03-09
Age : 52
Location : Brisbane
Re: The noses are in receivership
They think it means EY will force a sale but the receivers have to act in the best interests of BIHL and ALL of its directors, not BCFC, and selling the club means they lose their listing on the Hong Kong stock exchange - so this won't happen!
Villa_Dan- Posts : 4425
Reputation : 4106
Join date : 2014-05-13
Re: The noses are in receivership
I think on paper it's actually good news for them, but then as Dan said, it's probably going to be more complicated than people think. Though I don't pretend to know enough about this stuff, and the legal obligations or what-not. I have my own business, but it's the middle of the afternoon and I'm typing this whilst still in bed, so, y'know, I'm not exactly head of a major corporation :)
kimbo- Posts : 2204
Reputation : 734
Join date : 2014-04-13
Age : 43
Re: The noses are in receivership
I have taken enuff shit from noses about our current plight. if they get 10 points deducted and go down I will visit every one of those knuckle draggers wearing a carson yeung mask. ALL HAIL YEUNG AND PANNU. JOB WELL DONE.
Guest- Guest
Re: The noses are in receivership
Apparently Birmingham City have had to pay a huge up-front fee to Ernst & Young.
Currently the FA are investigating rumours of foul play as it appears some time after the cheque was written, made payable to Ernst & Young, someone had crossed out "Ernst" and replaced it in wobbly biro with "Carson"
Currently the FA are investigating rumours of foul play as it appears some time after the cheque was written, made payable to Ernst & Young, someone had crossed out "Ernst" and replaced it in wobbly biro with "Carson"
De Kuip- Posts : 2899
Reputation : 3700
Join date : 2014-05-20
Age : 107
Re: The noses are in receivership
De Kuip wrote:Apparently Birmingham City have had to pay a huge up-front fee to Ernst & Young.
Currently the FA are investigating rumours of foul play as it appears some time after the cheque was written, made payable to Ernst & Young, someone had crossed out "Ernst" and replaced it in wobbly biro with "Carson"
ha ha ha ha ha ha ha ha fookin love it! knuckle dragging wankers!
Guest- Guest
Re: The noses are in receivership
And people were shocked at how Glasgow Rangers were run and how their issues just haven't gone away. More and more malpractice keps coming to light. When Ernst and Young start digging in to how the shambles at St Andrews has been run and operating it will make Rangers look professional.
South London Villan- Posts : 791
Reputation : 489
Join date : 2014-05-10
Age : 51
Location : SE25
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|