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Court Hearing
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GynnSquarePhoenix Offline
Moderator

Posts: 16,864
Joined: Mar 2012
Post: #16
RE: Court Hearing
This is a killer film script waiting to be written. The final scene is the team walking out into a full stadium with a flash to Karl with a cardboard sign begging for donations.
29-11-2017 14:05
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tangerine77 Offline
Administrator

Posts: 32,391
Joined: Mar 2012
Post: #17
RE: Court Hearing
Maybe promotion to the Prem was a good thing after all, it has finished them.
29-11-2017 16:16
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thetruth1953 Offline
Registered User

Posts: 2,813
Joined: Jul 2014
Post: #18
RE: Court Hearing
(29-11-2017 16:16)tangerine77 Wrote:  Maybe promotion to the Prem was a good thing after all, it has finished them.
Their own greed has finished them.
29-11-2017 16:25
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Tangerinenick Offline
Old Skool

Posts: 4,339
Joined: Feb 2013
Post: #19
RE: Court Hearing
Greed, avarice and plain stupidity
29-11-2017 16:50
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seasider Online
Administrator

Posts: 56,922
Joined: Feb 2012
Post: #20
RE: Court Hearing
Quick summary from Justice4fans:

Now that I’ve caught my breath and don’t have to talk like a Dalek any longer here’s a brief summary.

10m still payable on Monday. If it’s not paid Steinfield said an order for specific performance would have to be made; the normal enforcement routes wouldn’t be available. The point wasn’t discussed any further.

As for the rest the judge made it clear this could change because of the complexity of the evidence. However...

12 months is too long so payment is likely to be required within six months. A specific payment schedule may be discussed at another hearing later this month.

The freezing order remains in place but the could be relaxed so it relates to various assets. However the judge questioned the values and wants independent valuations.

An appeal has been lodged with a request for an expedited hearing.

As for general observations

The application for the hearing to be heard in private didn’t get very far. The judge was agreeable to protecting commmercially sensitive information but that was handled by the barristers avoiding figures or identifying properties.

Karl’s affidavit that he has few assets didn’t impress. In fact imo it backfired. The judge is very polite but he doesn’t appear to trust either of them.

They played the “club will go into administration” card but to no effect.

The transfer of 800k into the club seemed to confuse everyone. What was it about? Repayment of a loan apparently.

It seems expenditure in the ordinary course of business and for personal spending has to be approved by CC.

Owen was stony faced throughout.

It’s likely we’ll be back in court before Xmas to discuss a payment schedule.
29-11-2017 16:55
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seasider Online
Administrator

Posts: 56,922
Joined: Feb 2012
Post: #21
RE: Court Hearing
Perhaps George and Sam won't get new cars for Christmas.
29-11-2017 16:56
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McPoolmob Offline
Registered User

Posts: 3,957
Joined: Jan 2014
Post: #22
RE: Court Hearing
(29-11-2017 16:50)Tangerinenick Wrote:  Greed, avarice and plain stupidity
Yes and to think if they were REAL business men and invested say 20% of the Prem. money they could have milked the cash cow for years.
29-11-2017 17:01
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jonboy35 Offline
Registered User

Posts: 204
Joined: Mar 2012
Post: #23
RE: Court Hearing
So , what does this mean in the club it’s self
Is it still up for sale , how much are pool worth and the land what the ground sits on , is this for sale as well

Sorry for questions guys , some of this stuff hurts my head ?
29-11-2017 19:15
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GynnSquarePhoenix Offline
Moderator

Posts: 16,864
Joined: Mar 2012
Post: #24
RE: Court Hearing
I think everything is 'up for sale', the O's just won't agree to let things go unless they get top money. That will all change it they fail to find 10 million under the mattress by Monday. The court will have independent valuers put a price on things and sell them.

They are so fucked it's unbelievable. I'm guessing they can't be as broke as they claim and that money is hidden either offshore or under some silly fake corporation that's not been linked to them yet. Getting that money to the table quickly is surely going to have the taxman interested in where it was hidden.
29-11-2017 19:26
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Leesthedaddy Offline
Registered User

Posts: 2,161
Joined: Jan 2014
Post: #25
RE: Court Hearing
(29-11-2017 19:26)GynnSquarePhoenix Wrote:  I think everything is 'up for sale', the O's just won't agree to let things go unless they get top money. That will all change it they fail to find 10 million under the mattress by Monday. The court will have independent valuers put a price on things and sell them.

They are so fucked it's unbelievable. I'm guessing they can't be as broke as they claim and that money is hidden either offshore or under some silly fake corporation that's not been linked to them yet. Getting that money to the table quickly is surely going to have the taxman interested in where it was hidden.

Let’s hope so.

Edit: Ha Ha, bastards.
(This post was last modified: 29-11-2017 19:55 by Leesthedaddy.)
29-11-2017 19:55
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jonboy35 Offline
Registered User

Posts: 204
Joined: Mar 2012
Post: #26
RE: Court Hearing
(29-11-2017 19:26)GynnSquarePhoenix Wrote:  I think everything is 'up for sale', the O's just won't agree to let things go unless they get top money. That will all change it they fail to find 10 million under the mattress by Monday. The court will have independent valuers put a price on things and sell them.

They are so fucked it's unbelievable. I'm guessing they can't be as broke as they claim and that money is hidden either offshore or under some silly fake corporation that's not been linked to them yet. Getting that money to the table quickly is surely going to have the taxman interested in where it was hidden.

Cheers
Just wish they fuck off now
29-11-2017 20:17
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McPoolmob Offline
Registered User

Posts: 3,957
Joined: Jan 2014
Post: #27
RE: Court Hearing
https://youtu.be/U2lv9oa-1lo
29-11-2017 20:18
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McPoolmob Offline
Registered User

Posts: 3,957
Joined: Jan 2014
Post: #28
RE: Court Hearing
Next...


Attached File(s) Thumbnail(s)
   
29-11-2017 21:10
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LeeJCP Offline
Oyston Out

Posts: 1,181
Joined: Jan 2015
Post: #29
RE: Court Hearing
(29-11-2017 21:10)McPoolmob Wrote:  Next...

as a big fan of Only fools and horses, this is perfect.

ClapClap
29-11-2017 21:25
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CheshireSeasider Offline
Very Much So

Posts: 6,880
Joined: Aug 2013
Post: #30
RE: Court Hearing
Is that another of Rob Purdens? He should sketch the whole time line of shame in comic form for us and have it all along bloomers concourse once they've gone Biggrin
29-11-2017 22:21
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