Fiddling away in High Court while our Premier League chances burn.

[Harrisblade]

https://twitter.com/dhayes_news
· 16 May 2019
Replying to @dhayes_news
Gledhill asking McCabe to confirm he doesn’t want to continue running the club if he wins the case. McCabe agrees that he wants to pass on the baton if he finds the right partner

WTF, partner? He’s not thinking of hanging on again is he? Cake an eat it springs to mind, that’s why we are foooooooked now

Passing on a baton is difficult if you haven't got someone to pass it on to.
Ever thought that's what he means by 'partner'?
(and if he were staying, he wouldn't be passing anything on)

 

[Sean Thornton]

No

You should. You're wrong.

 

[peniblade]

Just received today renewal application for Tony Currie Suite. Usually it's received in April.

Price increase for both Adult & Concession ticket being 41% & for an Original Share Holder 67.3%.
The cost per match for an Adult is now £91.58 & for a Concession £69.47.

How can this be justified when all we get is a seat & sometimes a bowl of lousy soup !!!!!

 

[davidblade]

His Majesty has spoken.

The management fees I’m thinking of were stated in the accounts many seasons ago probably before the Prince became involved, and I’m struggling to find documentary evidence, but I definitely recall large sums of money being paid.
With regards to the due diligence I think facts speak for themselves, diligence is not only a financial check it is to ascertain whether this person can be trusted in business.
I also never started that no diligence was carried out , it obviously was not enough.

 

[Woodwardfan]

I think it will go the Princes way because there is a legally binding agreement and despite McCabe trying to muddy the waters I think he’ll have to abide by it. Think he’s fooked , he is paying for not paying due diligence when he invited the Prince into the club.

I must say that the level of the questioning and answering has been puerile and has added little for the consideration by the judge.

In the final analysis it could well boil down to the bare bones of the legal agreements. Having read all about days and days of tittle-tattle evidence I begin to wonder what value has been added and whether the expense of the whole High Court case has been a waste of time.

 

[Sean Thornton]

His Majesty has spoken.

The management fees I’m thinking of were stated in the accounts many seasons ago probably before the Prince became involved, and I’m struggling to find documentary evidence, but I definitely recall large sums of money being paid.
With regards to the due diligence I think facts speak for themselves, diligence is not only a financial check it is to ascertain whether this person can be trusted in business.
I also never started that no diligence was carried out , it obviously was not enough.

As l explained, you aren't only looking at the wrong accounts they're for a completely different business. The FC is not paying the legal bills as you claimed and management expenses are paid by SUL - a McCabe controlled company - to another McCabe controlled company. Nothing to do with the football club. You highlighted a note regarding legal fees which relates to SUL and wrongly attributed it to a payment by the club on behalf of McCabe. Some people believe this shite. Plenty are desperate too. A few are deliberately pushing the agenda.

Btw SUL also loaned BL/SUFC £1m last year, interest free.

As for DD, HRH says at the time of the deal he was worth £200m. Is he lying?

 

[Sean Thornton]

His Majesty has spoken.

The management fees I’m thinking of were stated in the accounts many seasons ago probably before the Prince became involved, and I’m struggling to find documentary evidence, but I definitely recall large sums of money being paid.
With regards to the due diligence I think facts speak for themselves, diligence is not only a financial check it is to ascertain whether this person can be trusted in business.
I also never started that no diligence was carried out , it obviously was not enough.

Btw, The accounts you yourself posted an excerpt from actually include a note in the related party transaction section dealing with management fees. Not many years ago, although management fees have been paid, it's not the football club paying it.

 

[davidblade]

As l explained, you aren't only looking at the wrong accounts they're for a completely different business. The FC is not paying the legal bills as you claimed and management expenses are paid by SUL - a McCabe controlled company - to another McCabe controlled company. Nothing to do with the football club. You highlighted a note regarding legal fees which relates to SUL and wrongly attributed it to a payment by the club on behalf of McCabe. Some people believe this shite. Plenty are desperate too. A few are deliberately pushing the agenda.

Btw SUL also loaned BL/SUFC £1m last year, interest free.

As for DD, HRH says at the time of the deal he was worth £200m. Is he lying?

Don’t think we’re going to agree on this one, I’m not saying McCabe is Satan or different to most football clubs chairman.with regards to the legal fees you were correct I was reading the wrong accounts. The diligence is another matter.

 

[LoughboroBlade]

https://twitter.com/dhayes_news
· 16 May 2019
Replying to @dhayes_news
Gledhill asking McCabe to confirm he doesn’t want to continue running the club if he wins the case. McCabe agrees that he wants to pass on the baton if he finds the right partner

WTF, partner? He’s not thinking of hanging on again is he? Cake an eat it springs to mind, that’s why we are foooooooked now

“He just needs to find the right partner” is this year’s “He just needs another preseason”.

 

[Sean Thornton]

Don’t think we’re going to agree on this one, I’m not saying McCabe is Satan or different to most football clubs chairman.with regards to the legal fees you were correct I was reading the wrong accounts. The diligence is another matter.

We have no idea of the amount of DD done as you say. IF, HRH did have £200m and could find the initial £10m and the other stuff fitted into place then maybe it's not the mistake it seems or as you say, not in depth enough.

For balance, the negative in my mind is Jacob Esan, remember him? Appointed to the board as his UK plc company was in the process of being struck off the register.

As Woodwardfan says, all we can really speculate on at the moment is which side the Judge thinks is shadier.,

 

[davidblade]

We have no idea of the amount of DD done as you say. IF, HRH did have £200m and could find the initial £10m and the other stuff fitted into place then maybe it's not the mistake it seems or as you say, not in depth enough.

For balance, the negative in my mind is Jacob Esan, remember him? Appointed to the board as his UK plc company was in the process of being struck off the register.

As Woodwardfan says, all we can really speculate on at the moment is which side the Judge thinks is shadier.,

Correct, his history in decision making with financial partners is not good.
I feel they’re clouded by his haste to get out of United whilst still wanting to be in charge and extricating his monies from United

 

[Woodwardfan]

We have no idea of the amount of DD done as you say. IF, HRH did have £200m and could find the initial £10m and the other stuff fitted into place then maybe it's not the mistake it seems or as you say, not in depth enough.

For balance, the negative in my mind is Jacob Esan, remember him? Appointed to the board as his UK plc company was in the process of being struck off the register.

As Woodwardfan says, all we can really speculate on at the moment is which side the Judge thinks is shadier.,

Don't think I said that.

 

[Sean Thornton]

Don't think I said that.

My take on your post 245.

I'm agreeing with you. I liked the post.

Hey ho.

 

[Silent Blade]

Who is Alan Nixon?

No one important

 

[Woodwardfan]

My take on your post 245.

I'm agreeing with you. I liked the post.

Hey ho.

Post 245 says the opposite. What are you up to now? Help him itsinyerblood.

 

[Woodwardfan]

His Majesty has spoken.

The management fees I’m thinking of were stated in the accounts many seasons ago probably before the Prince became involved, and I’m struggling to find documentary evidence, but I definitely recall large sums of money being paid.
With regards to the due diligence I think facts speak for themselves, diligence is not only a financial check it is to ascertain whether this person can be trusted in business.
I also never started that no diligence was carried out , it obviously was not enough.

Didn't the judge ask McCabe what frame of mind he ( KM ) was in when he welcomed the prince to the club.

 

[South Bucks]

Not hard to believe or assume. Lots on here seem to think it will have little or no impact on the team affairs, I for one disagree and competing agents and clubs will use our discord as leverage and FUD to win players over.
This club has been a story of recovery from adversity to success on the pitch on two occasions in the last decade or so. McCabes lack of disposable wealth and stomach to gamble for the rewards he craves cost us last time and he appears to be going for it again.

.

Yes it seems very deja vu just like 2006/7 when we tried to stay up on the cheap by spending little and look what happened. If we'd had decent cover for Hulse we might well have stayed up but no lets try to do it on the cheap.

If our owners really love the club more than their bank balances they'd get it sorted quickly and give CW the resources to stay up with a margin of a few points instead of trying to just scrape over the line with a few loans and journey men requiring small fees.

If we are having problems with potential signings due to the court case its probably the same with bank loans.

 

[itsinyerblood]

Post 245 says the opposite. What are you up to now? Help him itsinyerblood.

You need to re-read your own post and view the 'likes' you've received. Guess who approved of your post? Why, Sean Thornton of course.

Being charitable, you're puzzling.

 

[Woodwardfan]

You need to re-read your own post and view the 'likes' you've received. Guess who approved of your post? Why, Sean Thornton of course.

Being charitable, you're puzzling.
[/QUOTE)

Gosh, I hope Justice Fancourt applies more depth and logic to his analyses Itsy.

I get a 'like' for a post and it's given for a total misunderstanding and then misinterpretation of it's meaning in a subsequent post. First like I've had from your pal for years and he misreads the post! Now that is puzzling. You say re-read my own post, well it's here below and Sean's interpretation of it.:

I must say that the level of the questioning and answering has been puerile and has added little for the consideration by the judge.

In the final analysis it could well boil down to the bare bones of the legal agreements. Having read all about days and days of tittle-tattle evidence I begin to wonder what value has been added and whether the expense of the whole High Court case has been a waste of time.

We have no idea of the amount of DD done as you say. IF, HRH did have £200m and could find the initial £10m and the other stuff fitted into place then maybe it's not the mistake it seems or as you say, not in depth enough.

For balance, the negative in my mind is Jacob Esan, remember him? Appointed to the board as his UK plc company was in the process of being struck off the register.

As Woodwardfan says, all we can really speculate on at the moment is which side the Judge thinks is shadier.,

 

[itsinyerblood]

All Sean Thornton can do is respond to the post he decided you deserved a 'like' for. You criticise him for not giving you a 'like' for years. When, exactly, did you respond in kind? Far too eager to criticise, yet no acceptance or understanding why Thornton was in total agreement with you.....yes, puzzling is probably the softer description of your need for attention. there's not an ounce of contradiction in this, yet you've thrown up a completely questionable description of ST's comments, why, well I suspect only you will know what your motives were, but it's a waste of time if you cannot accept the approval of another poster, yet all you can do is complain that you've not received 'likes'!

 

[Woodwardfan]

All Sean Thornton can do is respond to the post he decided you deserved a 'like' for. You criticise him for not giving you a 'like' for years. When, exactly, did you respond in kind? Far too eager to criticise, yet no acceptance or understanding why Thornton was in total agreement with you.....yes, puzzling is probably the softer description of your need for attention. there's not an ounce of contradiction in this, yet you've thrown up a completely questionable description of ST's comments, why, well I suspect only you will know what your motives were, but it's a waste of time if you cannot accept the approval of another poster, yet all you can do is complain that you've not received 'likes'!

See below -

Don't think I said that.

My take on your post 245.

I'm agreeing with you. I liked the post.

Hey ho.

Post 245 says the opposite. What are you up to now? Help him itsinyerblood.

I simply pointed out to him that I didn't say what he claimed I had said and he replied as above. He was not 'agreeing with' me, he was misquoting me. He's such a stickler for detail I didn't get it.

BTW I am not criticising him for never giving me a 'like'. I don't expect it.

Anyway itsinyerblood thanks for getting involved. A bit of a Michael Howard performance but that's how you played it.

 

[itsinyerblood]

See below -









I simply pointed out to him that I didn't say what he claimed I had said and he replied as above. He was not 'agreeing with' me, he was misquoting me. He's such a stickler for detail I didn't get it.

BTW I am not criticising him for never giving me a 'like'. I don't expect it.

Anyway itsinyerblood thanks for getting involved. A bit of a Michael Howard performance but that's how you played it.

You're taking extreme pedantry to even more extreme levels. Your post, the one you claim is misunderstood, is one you've chosen to suggest has been misunderstood. The way you wrote it I can see why. Do not accuse Sean Thornton of deliberate misunderstanding, it's nothing of the sort.

 

[Sean Thornton]

Are likes the new "transition", the new "dynasty" or the new (undefined) "only £20m"? Just so we're all clear?


itsinyerblood , couldn't get a word out of him about where he got the £20m figure from him but look at him now. Can't shut old Blanche up.

 

[Woodwardfan]

Are likes the new "transition", the new "dynasty" or the new (undefined) "only £20m"? Just so we're all clear?


itsinyerblood , couldn't get a word out of him about where he got the £20m figure from him but look at him now. Can't shut old Blanche up.




View attachment 54995


OK Sean, you are just such a class act.

I'm sure your mate is proud of you.

 

[Sean Thornton]

Aww. Thanks.

He is I think.....

 

[Woodwardfan]

Aww. Thanks.

He is I think.....

Sean Thornton- This is your life.

 

[Sean Thornton]

Sean Thornton- This is your life.

That's not playing the post. You need to change your sig. Especially the "honest" bit.....

 

[Manuel Azaña]

It's as though Blades Mad never died.

 

[Woodwardfan]

It's as though Blades Mad never died.

Not good at all.

 

[Blade56]

Think you need to both (Woodwardfan and Sean Thornton) book the next courtroom slot after our two muppets have finished raggin each other off in public. The right Hon. itsinyerblood presiding. Losing party should get a 50% ‘Likes’ deduction and a ‘grow the feck up’ order.