dummiesoot 11,796 Posted August 25, 2013 Share Posted August 25, 2013 People in power who have a soft spot for that lot using their influence to assist them.I think that's another part of the pattern.I gigantic version of mates rates oleg. Quote Link to post Share on other sites
showtime69 510 Posted August 25, 2013 Share Posted August 25, 2013 The Co-op are in trouble though, be good if they call their loans in what would happen if they went tits up? would they still be able to call in debt, could the folk they loaned cash to just tell them to bugger off? Quote Link to post Share on other sites
scarkev 3,540 Posted August 25, 2013 Share Posted August 25, 2013 A wage bill of £34m caught my eye !!! Money talks in football and that's the ball park we need to be in to get to the topAbsolute nonsense! It's that kind of thinking that led to all the issues we have suffered! Overpaying for mediocracy MUST be a thing of the past! Celtic have too big a squad filled with alot of average players like we have in the past and you could argue now albeit on a lesser scale! Quote Link to post Share on other sites
OlegKuznetsov 10,816 Posted August 25, 2013 Share Posted August 25, 2013 A bit on Coop membership..._-----Membership has something special to offer everyone!Membershipsits at the heart of The Co-operative Group – it’s what makes us very different from other businesses and it’s what 5 million of you are proud to be a part of.But what exactly is membership all about? And what can it offer you? Well, as a member you’re part of a group of people – a real community – who share the same goals, have a say in how The Co-operative Group is run, and enjoy a share of the profits.Sharing the profitsAs a member, every time you buy something from The Co-operative’s family of businesses, you earn points. Twice a year the points are then added up and you receive your share of the profits as cash. And that’s not all, you’ll also get loads of exclusive offers too!Supporting your communityMembership also means being involved in The Co-operative Membership Community Fund. This fund helps all sorts of projects in local communities. You can help the fund by donating your share of the profits – that’s what many people do.You can play a more hands-on role in helping your community too if you like. There are local events run by members you can get involved with, alternatively you can organise your own group or event.Changing the worldWe also run global campaigns tackling important issues, like human rights and climate change. And it’s easy for you to play a part.For instance, you could come along to one of our movie premiers. We organise these exclusively for members to highlight the plight of an issue we’re working on. You can also add your voice to a campaign by signing up to support it or joining an online discussion.Having your sayBecause we’re owned by our members, we give you the chance to have a say in how the business is run. You can help shape the way we do business, the policies we create and how we help local communities.We’ve member representatives across all regions who speak on the behalf of local people. You can even stand for election yourself.So, if you share our values and principles, why not come and join us?How much does it cost to become a member?£1 is deducted from your first share of the profits payment and held in a share account. If you choose to cancel your membership, your £1 is returned or donated to The Co-operative Membership Community Fund. Quote Link to post Share on other sites
woodvale1690 43 Posted August 25, 2013 Share Posted August 25, 2013 Boycott? I hope not the co-op just down the road from worktell you what i went to the local co-op sat, fuckin expensive for food, bog roll you no daily stuff, tesco is so competitive, but my point is 1. is co-op not loosing tens of millions and 2. are we the punters paying through the nose to subsidise the tims? Quote Link to post Share on other sites
OlegKuznetsov 10,816 Posted August 25, 2013 Share Posted August 25, 2013 I gugantic version of mates rates oleg.Precisely.Contrast and compare it with Lloyds , us and Manus J Fullerton.Oh that damned pattern, again. I wonder if it extends to high ranking officials and HMRC. Quote Link to post Share on other sites
djbroxybear 613 Posted August 25, 2013 Share Posted August 25, 2013 Tick Toc Tick Toc if they dont make Champions League...Co Op not burying me you getting fuck all of my money... Quote Link to post Share on other sites
trueblue68 2,497 Posted August 25, 2013 Share Posted August 25, 2013 . Quote Link to post Share on other sites
BlueAvenger 5,209 Posted August 25, 2013 Share Posted August 25, 2013 but but....what about sporting integrity !!!! Quote Link to post Share on other sites
TheBluenose1972 1,405 Posted August 25, 2013 Share Posted August 25, 2013 1.5% interest? Where do i sign up? Quote Link to post Share on other sites
woodvale1690 43 Posted August 25, 2013 Share Posted August 25, 2013 Absolute nonsense! It's that kind of thinking that led to all the issues we have suffered! Overpaying for mediocracy MUST be a thing of the past! Celtic have too big a squad filled with alot of average players like we have in the past and you could argue now albeit on a lesser scale!and if the tramps dont beat the orange borats, they are 20 mill down, there fookd Quote Link to post Share on other sites
North Rd 2,860 Posted August 25, 2013 Author Share Posted August 25, 2013 Im now hearing 34m is what their Overdraft is, doesn't mean they are 34m in Debt Quote Link to post Share on other sites
better than all the rest 153 Posted August 25, 2013 Share Posted August 25, 2013 When you go onto the link there is a story at the bottom of the page, look's like their could be more to the OP find.http://www.thesundaytimes.co.uk/sto/business/Finance/article1290467.ece TWO Wall Street vulture funds have seized control of part of the Co-operative Bank’s finances, raising fears that a £1.5bn rescue plan for the lender could be derailed.Aurelius Capital Management and Silver Point Capital have amassed a controlling stake in one set of the bank’s loans, giving them a powerful voice in the bailout negotiations.The funds could use their position to force higher losses on the thousands of small investors who stand to lose out as a result of the rescue plan. The tier 2 bonds bought by them outrank the securities sold to small investors. Quote Link to post Share on other sites
Gazza82 6 Posted August 25, 2013 Share Posted August 25, 2013 Im now hearing 34m is what their Overdraft is, doesn't mean they are 34m in Debt I'm sure Liewell came out and said they had no debt not long ago wether he's telling the truth or not I don't know do plc's need to publish their yearly account to the public ?I really hope they don't get champions league football this season, get bombed out the Europa league from the group stages then they give that ginger twat access to the full 34 million tools sure they get in the champions league next seasonCan you imagine the crap he would buy then hopefully co-op ask for all money bk then they need to sell all their players give them a taste of their own medicine lol Quote Link to post Share on other sites
WVB 2,560 Posted August 25, 2013 Share Posted August 25, 2013 A wage bill of £34m caught my eye !!!Money talks in football and that's the ball park we need to be in to get to the topYou get more ridiculous as time goes by. Quote Link to post Share on other sites
Albertz 78 918 Posted August 25, 2013 Share Posted August 25, 2013 Yahoo fc probably have tons of hidden debt that's not public knowledge.Wonder how much they owe Dermot desmond for all the milllions & millions of soft loans he has given them over the last 12 years? Quote Link to post Share on other sites
Reformation Bear 6,358 Posted August 25, 2013 Share Posted August 25, 2013 With such a low interest rate it makes you wonder what security the Co-op has taken over the assets? Maybe the bank has a nice legal document tucked away somewhere that gives it control over certain assets in return for such a generous interest rate. Quote Link to post Share on other sites
BLUEWISDOM 1 Posted August 25, 2013 Share Posted August 25, 2013 Any Bears out there Shareholders in the Co-op,good time to ask questions on how the beggars managed to get such o low interest rate,? A beggar in charge per chance maybe Manus Fullerton! Quote Link to post Share on other sites
BLUEWISDOM 1 Posted August 25, 2013 Share Posted August 25, 2013 Any Bears out there Shareholders in the Co-op,good time to ask questions on how the beggars managed to get such o low interest rate,? A beggar in charge per chance maybe Manus Fullerton! Quote Link to post Share on other sites
dummiesoot 11,796 Posted August 25, 2013 Share Posted August 25, 2013 Apparently mortgages on Lennoxtown and parkhead. According pzj on mcmurdos blog. Quote Link to post Share on other sites
sergio 1,199 Posted August 25, 2013 Share Posted August 25, 2013 Apparently mortgages on Lennoxtown and parkhead. According pzj on mcmurdos blog.Apparently they mortgaged off Lennoxtown for 10 million right after the Artmedia 5-0 humiliation, this helped wee chezny win 3 in a row, there was a companies house document doing the rounds awhile back. Quote Link to post Share on other sites
allgers 735 Posted August 25, 2013 Share Posted August 25, 2013 They do have debt, there was a thread on it not to long ago, only kind of half looked at it cause who the fuck is interested in them. What I can remember, their debt is held by a company which they set up to deal with this.Could be wrong but did Uefa not make a ruling that zero and low interest loans were a form of cheating, I'm sure they battered a team in Italy for it. Anyway in my opinion it's akin to financial doping. Quote Link to post Share on other sites
dummiesoot 11,796 Posted August 25, 2013 Share Posted August 25, 2013 Apparently they mortgaged off Lennoxtown for 10 million right after the Artmedia 5-0 humiliation, this helped wee chezny win 3 in a row, there was a companies house document doing the rounds awhile back.Apparently both these debts are on interest ionly terms so paying fuck all of it off. They owe DD £20m Iin soft loans at 6% pa interest only. So currently £55m minimum debt - but not crucially according to slit eyes "ahem bank debt." I think is slit eyes term for an overdraft. Quote Link to post Share on other sites
Bluepeter9 5,110 Posted August 25, 2013 Share Posted August 25, 2013 Absolute nonsense! It's that kind of thinking that led to all the issues we have suffered! Overpaying for mediocracy MUST be a thing of the past! Celtic have too big a squad filled with alot of average players like we have in the past and you could argue now albeit on a lesser scale!If you think we can compete in Europe on our current wage level your deluded - we have to work within our means but to be regularly in Europe will require better class than we have and class costs Quote Link to post Share on other sites
tam57 696 Posted August 25, 2013 Share Posted August 25, 2013 Debt debt debt,this could be why they tried to kill us off. Quote Link to post Share on other sites
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