Carsons Dog 9,878 Posted October 22, 2013 Share Posted October 22, 2013 In deep shit and desperate to plug a £1.5 billion holeLets hope they start by charging the Bheasts a fortune for their currently enhanced debts Quote Link to post Share on other sites More sharing options...
CalvinC 1,414 Posted October 22, 2013 Share Posted October 22, 2013 Haha oh dear Quote Link to post Share on other sites More sharing options...
The Educator 1,572 Posted October 22, 2013 Share Posted October 22, 2013 In deep shit and desperate to plug a £1.5 billion holeLets hope they start by charging the Bheasts a fortune for their currently enhanced debtsI get the feeling that they probably can't change that abnormally low rate they are being charged. That is unless an investigation was to reveal that something was seriously wrong with the process under which the deal was negotiated. However I do wonder if there is any mechanism for repayment of any money within so many days if the bank was going bust. This is a situation worth keeping an eye on as it is just one of a number of things that have come to light where a certain organisation seem to have been fortunate enough to have received some very lucrative help that may or may not stand up to proper scrutiny. Quote Link to post Share on other sites More sharing options...
mabawsa 888 Posted October 22, 2013 Share Posted October 22, 2013 I say make Football clubs pay their bank debts to the co-op. All for commercial integrity and all that! Didn't we get that continually hurled at us when Lloyds took over BOS and we got told by Thimmy kidon Shareholders...pay back the debt! It was 18million, half of what the Eastenders are sitting at. Quote Link to post Share on other sites More sharing options...
ScottBF2 3,540 Posted October 22, 2013 Share Posted October 22, 2013 Overdrafts are repayable on demand. Quote Link to post Share on other sites More sharing options...
ForeverBlue_Since91 2,895 Posted October 22, 2013 Share Posted October 22, 2013 Seems Mr Liewell never told his supporters about the co -op debt. Here was me thinking he was an honest guy and did everything by the book. Quote Link to post Share on other sites More sharing options...
nachothelegend 1,932 Posted October 22, 2013 Share Posted October 22, 2013 Was listening to this today on Radio as I'm old.This is one story to keep an Eye on. Quote Link to post Share on other sites More sharing options...
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