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    Old 30th June 2011, 06:35 AM   #1
    Kingdom Bhoy
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    Join Date: Sep 2007
    Location: Close to Sunderland city centre
    Default Brum woe

    http://www.bbc.co.uk/news/uk-england...ngham-13970534
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    Old 30th June 2011, 06:50 AM   #2
    Trembaths
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    Default Re: Brum woe

    Quote:
    Originally Posted by Kingdom Bhoy View Post
    Dodgy git so he is.
    I have a feeling all the proceeeds from sales and parachute payments will be going straight into his greasy little pockets.
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    Old 30th June 2011, 07:14 AM   #3
    Kingdom Bhoy
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    Default Re: Brum woe

    Quote:
    Originally Posted by Trembaths View Post
    Dodgy git so he is.
    I have a feeling all the proceeeds from sales and parachute payments will be going straight into his greasy little pockets.
    Hope your right.
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    Old 30th June 2011, 08:35 AM   #4
    ---Nemo---
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    Default Re: Brum woe

    Quote:
    Originally Posted by Trembaths View Post
    Dodgy git so he is.
    I have a feeling all the proceeeds from sales and parachute payments will be going straight into his greasy little pockets.
    Made his £59m investing in shares man Des. Took him ten years yer nar.
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    Old 30th June 2011, 08:41 AM   #5
    Trembaths
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    Default Re: Brum woe

    Quote:
    Originally Posted by ---Nemo--- View Post
    Made his £59m investing in shares man Des. Took him ten years yer nar.
    10 year ago he was a bankrupt hairdresser, and with a gambling problem.
    There were links to a macau casino operator who were allegedly financing the buy as he had no money himself. Dont need to be poirot to work out there's a rabbit away there.
    he needed bridging finance to seal the takeover... a wealthy HK businessman needing bridging finance for a deal well under 100m..aye righto.
    40m for players he said. Well that included wages and all of it was loaded onto brum's balance sheet as debt.
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    Old 30th June 2011, 08:44 AM   #6
    Waxon
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    Default Re: Brum woe

    Quote:
    Originally Posted by Trembaths View Post
    10 year ago he was a bankrupt hairdresser, and with a gambling problem.
    There were links to a macau casino operator who were allegedly financing the buy as he had no money himself. Dont need to be poirot to work out there's a rabbit away there.
    he needed bridging finance to seal the takeover... a wealthy HK businessman needing bridging finance for a deal well under 100m..aye righto.
    40m for players he said. Well that included wages and all of it was loaded onto brum's balance sheet as debt.
    You think he's a wrongun like
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    Old 30th June 2011, 08:46 AM   #7
    ---Nemo---
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    Default Re: Brum woe

    Quote:
    Originally Posted by Trembaths View Post
    10 year ago he was a bankrupt hairdresser, and with a gambling problem.
    There were links to a macau casino operator who were allegedly financing the buy as he had no money himself. Dont need to be poirot to work out there's a rabbit away there.
    he needed bridging finance to seal the takeover... a wealthy HK businessman needing bridging finance for a deal well under 100m..aye righto.
    40m for players he said. Well that included wages and all of it was loaded onto brum's balance sheet as debt.
    Agreed. He must have passed the fit and proper person test though.
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    Old 30th June 2011, 08:47 AM   #8
    GingerNick
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    Default Re: Brum woe

    hope this wont have a knock on effect on transfers from Brum
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    Old 30th June 2011, 08:57 AM   #9
    SuperKev
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    Location: The Phoenix Club
    Default Re: Brum woe

    Quote:
    Originally Posted by ---Nemo--- View Post
    Agreed. He must have passed the fit and proper person test though.
    Now there is a rabbit away.

    The fit and proper persons test

    Q1: Name
    A1: [Insert Name]

    Congratulations you've passed
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    Old 30th June 2011, 08:57 AM   #10
    Trembaths
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    Default Re: Brum woe

    Quote:
    Originally Posted by ---Nemo--- View Post
    Agreed. He must have passed the fit and proper person test though.
    Plenty of dodgies passed that though.
    If you recall he was sniffing around and then pulled out for a while. That was when the dildos, SB et al had a stoush because they wouldnt guarantee what would happen.
    6 month later he comes back with his bridging finance
    http://www.telegraph.co.uk/sport/foo...-in-China.html
    That he had to get such finance suggests the fit and proper person tests werent fully applied

    Another interesting article
    http://www.thegoalposts.com/showthread.php?p=931260
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