The Pit of Misery (All mess in here)

[davidb]

On the bright side that estimate 5m a month loss includes wages of the loan players and the players who are out of contract, so it'll only be 3.5m a month come end of july...

reported

yep i reckon with terry, snodgrass, gabby, hutton, grabban, samba, johnstone etc.. going thats the thick end of a million off it

so sell chester and jack to get in 30 odd million and hes won himself a year to get his assets out of china...

Or his ass out of Birmingham.

/baddumtish

[Villa Lew]

At last some good news, deal made with HMRC


https://www.bbc.co.uk/sport/football/44399227

Mate, until there is a massive influx of revenue/cash there is no ‘good news’.
All we are doing is setting ourselves up to lurch from one crisis to another.

For ‘ financial issues at Villa in June’  read the same for July, August...........

Yes I'm well aware of that, the good news I was refering to is HMRC are not putting us into administration.

[villadelph]

At last some good news, deal made with HMRC


https://www.bbc.co.uk/sport/football/44399227

Mate, until there is a massive influx of revenue/cash there is no ‘good news’.
All we are doing is setting ourselves up to lurch from one crisis to another.

For ‘ financial issues at Villa in June’  read the same for July, August...........

Yes I'm well aware of that, the good news I was refering to is HMRC are not putting us into administration.

Yeah, for now. We're just treading water until we get pulled under, and quite frankly I don't care for the excuses.. this is why we have a fit and proper test. It's a joke. Don't buy a club if you've only got the resources to sustain it for (not even) two years.

[Risso]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

[Jon Crofts]

Poundworld has gone into administration. Oh the irony.

[Richard E]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

Combined with a resolution to remove preemption rights so looks like it.

[Risso]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

Combined with a resolution to remove preemption rights so looks like it.

Would that be relevant though as there's no minority shareholder?

[Richard E]

Pass.

[aj2k77]

Does that make it more or less likely that we are going to be sold?

Is it a case of him accepting money from someone in return for a percentage of his shares to keep us going?

[yammers]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

Combined with a resolution to remove preemption rights so looks like it.

Would that be relevant though as there's no minority shareholder?

While I obviously understand all of this, others might not so could you kindly explain what this means please? For everyone else’s benefit.......

[Jon Crofts]

5 days to wait and find out who they are then.

[davidb]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

probably already posted by similar moves at villa https://beta.companieshouse.gov.uk/company/03375789/filing-history so seems new shares..

[Pat McMahon]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

Combined with a resolution to remove preemption rights so looks like it.

Would that be relevant though as there's no minority shareholder?

Would that mean brand new investors? That is my take on removing pre-emption rights.

[The Edge]

Have just seen this posted on Companies House:




New share money incoming from somewhere?

probably already posted by similar moves at villa https://beta.companieshouse.gov.uk/company/03375789/filing-history so seems new shares..

Guys is there any chance one of you could explain to a lay man like myself what the hell this means?

[Towser]

I saw this one slightly different to those above