4MenHadADream

Cheers mate

CAnt find that one, when did he post that?

I really just hope that this is not another false dawn, there have been a few times over the past few months where we finally appeared to be heading for a conclusion, but within a few days we are back to where we began. Fingers crossed from this bear, not getting carried away just yet.

It been said before, but I think if HMRC can get a verdict in their favour plus around £10m from this case they will not be displeased. They would have realised very quickly, if not immediately that they were never going to get anything like the figures of £50m that were being banded about. Given the pressure that is being placed on them, I can't honestly see a reasonable CVA proposal being rejected.

Great minds and all that Repped

It's ok it's Neil Lennon

Incidentally Bill Ng said that he had set aside enough money for a CVA of 20p in the pound, so clearly at least one of the bidders feel that a CVA at that level is achievable.

Double post

I suppose if we take the worst case scenario of £50m with a predicted settlement of £5-12m then we are probably looking at a CVA of between 10-20p in the pound. Of course, as you say it is very likely that HMRC could essentially have a veto over a CVA, but if Hillier is suggesting this is a likelihood, then I'll certainly take his word for it, and delighted if it plays itself out in reality.

Not really, he doesnt appear to be going into all that much detail, just saying he talked to people, done his sums and compared our situation to other similar ones and he sees that as a likely figure. He's not even ventured a guess as to what the outcome of the BTC is likely to be, but I don't know the average penny in the pound settlement for a CVA involving HMRC, so it may be possible to work it out if you have that figure???

I hate doing this on the phone, I've added the tweet now, but the outcome proposed by Hillier is ostensibly still good for us. If it were the outcome it should still be enough to see some amateur sky-diving from the Erskine Bridge

I've found the tweet he made

Not exactly, the figures that Hillier's talking about are post-CVA, he is not saying that £6-12m will be the outcome of the FTT, merely the settlement made by HMRC

It goes to the club as far as I am aware

Done

They gave us £24.4m up front for the rights to £30-35m (estimate figures, I don't know the actual ones) over 5 seasons

His personal wealth is "only" £40m, but the rest of his group has remained pretty anonymous thusfar

Not really. They have always said that they would step aside if there was a better offer on the table, I would see their decision as a marker of that.

No thanks, he is doing untold harm to Scottish football, and the quicker he is out on his ear the better.

I would assume for the RSA to release this apparently contradictory statement, then Andy Kerr must have been given some strong assurances that whatever the issues holding up a deal are indeed genuine

Sentiments are spot on. Seeing the bitterness in some of these wee rhats faces is almost as satisfying as their loss.

You can certainly make a complaint, but I wouldn't expect any sort of action. On a side note, Ki is a total shitebag, ahead of all the other bottle merchants in their side, he stands alone. I have yet to see him put in any kind of performance in a game where he has been up against any sort of opposition or tackling.

Rhob Maclean is it not?

From the Ibrox game a few weeks ago, or sometime last season?

There is very minimal contact, but absolutely nothing to cause the ridiculous leap he performs. But its only foreigners who dive in the EPL anyway