Are the Blades bankrupt ?

[beightonblade]

Serious question, things don't look to good to me.

 

[silverfox]

Serious question, things don't look to good to me.

No....still in a better shape than most.....doesn't mean we will invest any further though.

I expect McCabe to "ride out" the recession as the business man he is.

 

[Autumn]

With investments abroad, I'd say we aren't.

 

[metalblade]

Could well be, Valad it seems are going tits up owing McCabe £37million which is currently under negotiation for it to be deferred for around 3 years, oh and thousands to lose their jobs.

http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3132285&c=1

 

[Samantha]

I think words from shareholders meeting were along lines of "We've lost a lot of money, but we're not skint"

 

[dingledog]

Something is amiss for sure. The silence from Mr McCabe is deafening!!!

 

[matth]

The thing with this Valad business is... why should it affect us?

The Club is a separate entity to the rest of the businesses, so why should the club bear the brunt of any financial straits that they suffer?

Maybe it won't, but it's not looking like that, is it?

 

[madeinsheffield]

The thing with this Valad business is... why should it affect us?

The Club is a separate entity to the rest of the businesses, so why should the club bear the brunt of any financial straits that they suffer?

Maybe it won't, but it's not looking like that, is it?

Maybe their figures don't look so good is the fact they paid KM £700m about 12 months ago