Swfc/Hillsborough.

[bladesufc1 10]

They can't ger a word in for all the Blade experts.

 

no mate just staing facts

[Droppingwell 10]

they have created a new company

 

SHEFFIELD WEDNESDAY COMMUNITY PROGRAMME HOLDINGS LIMITED

Company Number 08270812

Incorporation Date 26/10/2012

 

possibly to do with the community training centre due to be opened

 

So it would appear that the loan may have been taken to help fund the new development at the Presto tools site. This would make sense although why has Mandric offered Hillsborough as security instead of the land that is being developed?

 

Alternatively it may be the loan has been taken for ground development or January's tranfer window.

 

As the loan has been taken so recently it wont show in the accounts until next year so all will become clear then.

[TAT 10]

So it would appear that the loan may have been taken to help fund the new development at the Presto tools site. This would make sense although why has Mandric offered Hillsborough as security instead of the land that is being developed?

 

Alternatively it may be the loan has been taken for ground development or January's tranfer window.

 

As the loan has been taken so recently it wont show in the accounts until next year so all will become clear then.

 

Lets face it, no local/uk bank is going to lend the Owls any cash, with their track history. ok SWFC 2011 is a new company but MM and his court cases may put a few uk banks off as well, So off to the USA they go.

Edited November 27, 2012 by TAT

[Veritas 10]

I would assume that Latham Management Ltd and PJSL are MM companies. He would have invested his own funds into SWFC to avoid paying CGT on his previous gains. I assume that he wants to get his funds back to make him liquid so he has borrowed the funds from his own Ltd Co. To make the loan arrangement official there has to be a charge.

 

As already mentioned PJSL Limited is the company owned by Paul Aldridge the CEO at SWFC, Terry Brown is his former employer at WHUFC and the 3rd party to the charge is not Latham Management Limited but that Company's /Directors Pension Scheme. Latham Management Limited (formerly Skegness Caravan Sales Limited) is owned by Terry Brown

[TAT 10]

A finance thread, yet the Owl "experts" are again "missing in action" ITS A FACT

[web1 10]

Well i'll give it a go, our accounts are not out yet but i know for a fact cos my friends brothers cousins nephews son is in the know and he told me, so

Gate reciepts, 6.9 billion(cos we're massive)

sponsorship monies, 1.4 billion(cos we're massive)y

T.V monies-40p(cos we are a bit poo atm)

Everyything else 220 billion(cos we're massive)

Wages-£100.

That gives DJ roughly 228 billion to rebuild in January!!!

Ey, the futures bright, the futures Blue!!!

[Bypassblade 10]

Well i'll give it a go, our accounts are not out yet but i know for a fact cos my friends brothers cousins nephews son is in the know and he told me, so

Gate reciepts, 6.9 billion(cos we're massive)

sponsorship monies, 1.4 billion(cos we're massive)y

T.V monies-40p(cos we are a bit poo atm)

Everyything else 220 billion(cos we're massive)

Wages-£100.

That gives DJ roughly 228 billion to rebuild in January!!!

Ey, the futures bright, the futures Blue!!!

 

Would you trust him with it :hihi:

[TAT 10]

well i'll give it a go, our accounts are not out yet but i know for a fact cos my friends brothers cousins nephews son is in the know and he told me, so

gate reciepts, 6.9 billion(cos we're massive)

sponsorship monies, 1.4 billion(cos we're massive)y

t.v monies-40p(cos we are a bit poo atm)

everyything else 220 billion(cos we're massive)

wages-£100.

That gives dj roughly 228 billion to rebuild in january!!!

Ey, the futures bright, the futures blue!!!

 

nice one even titanic could not fabricate those figures

[web1 10]

nice one even titanic could not fabricate those figures

 

My bold,

How very dare you, fabricated indeed, have you read where my info comes from?

Its rock solid.

Did i mention utds accounts....38p loss this season.FACT.

[web1 10]

Would you trust him with it :hihi:

 

Of course, ''you don't become a bad manager overnight''

[Bypassblade 10]

My bold,

How very dare you, fabricated indeed, have you read where my info comes from?

Its rock solid.

Did i mention utds accounts....38p loss this season.FACT.

 

No you're wrong I lent McCabe 50p last week, so we're 12p in credit

[Guest sibon]

No you're wrong I lent McCabe 50p last week, so we're 12p in credit

 

He's transferred that 50p to a holding company.

 

You'll never see it again:)