fosters please mate!
Winger
well the company that owns it has, failed to make payments on its £250 million pound loan


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well the company that owns it has, failed to make payments on its £250 million pound loan
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[/QUOTE]Von Essen Hotels goes into administration
Thursday, April 21, 2011
Rob Gill and Chris Gray
Luxury hotel chain von Essen went into administration today after its holding company missed payments on loans worth £250m.
The company runs 28 properties in the UK and one hotel in France. They include the Cliveden in Berkshire, Seaham Hall in County Durham, Amberley Castle in West Sussex and The Royal Crescent in Bath. All properties are continuing to trade normally.
Ernst and Young were appointed as administrators for the holding company, von Essen Hotels Ltd, after they were called in by Barclays and Lloyds banks.
The banks took action after the the holding company breached its banking covenants by failing to meet interest payments on £250m worth of borrowing.
f***ing hell, imagine if we couldnt get sightings of players at Seaham Hall or show our arses in Joplings window, would completely ruin transfer windows![]()
hauser will buy it..
Waxon said:Spoke to a mate up there he says its buisness as usual was just looking at there website still offering packages etc so hopefully it will carry on
club should buy it