Current Avatar:
No Avatar image uploaded
No Avatar image uploaded
Leeds Rumours Member Posts
Dsm's Profile
Dsm's Posts and Other Poster's Replies To Dsm's Posts
Dsm's banter posts with other poster's replies to Dsm's banter posts
23 Mar 2014 20:38:18
Just checking on the Bahrain Bourse under company announcements. Re GFH's announcement today and how they have/are restructuring there debt and borrowing 500mill dollars to allow the bank to unfreeze there assets.
Does make you wonder if GFH were in a position to have sold Leeds united to Cellino any earlier and its GFH who have held up the process.
It does also now back DH statement regarding administration. We now know that money is available, 220 million dollars worth.
Regardless what goes on with cellino I feel better now I know GFH do now have a pot to piss in.
05 Feb 2014 19:37:18
Flowers is protecting his money if he gets paid what he is owed there will be no court case or at least if his agreement is recognized by GFH who agree to pay him his dues when they receive money from Cellinii. Seems like he's had a gentleman's agreement since November to pay clubs overheads expects to get that money back when club gets sold to him by knocking off from purchase price. GFH have taken all gate receipts etc and expect Flowers to still stump up the cash for running club. GFH taken the mick out of flowers if you ask me.
1.) May be true, he should have known better, you don't lend people millions without paperwork in place I feel for him but this is business