Saudi Princes arrested in clamp down. Does this affect our Prince now or in the future?

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Sean Thornton said:
Prior to this year our highest average attendance in the last six years was 21892, last year. The lowest 17507. Which was actually the lowest since 2001. How that's double I don't know. Perhaps you can explain?

The accounts are available but the reality would appear to be that you don't believe them rather than your claim that they don't exist. What is it about them that you think is wrong?
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All the McCabe lies. Don’t get me started on Wilder...
 



Pinchy said:
All the McCabe lies. Don’t get me started on Wilder...
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Wilder was only appointed as a tax fiddle. We are leasing him so we can claim the VAT back.

Obviously we don't want to go up as the cost of new advertising hoardings to Premier standards will make the whole thing uneconomic. If it looks like we might still go up in January then Plan B comes into effect:

Brooks to Everton for £3.5m
Fleck to Coventry on a free
Coutts to Rovrum on a 5 season loan
Billy back to Donny in exchange for them letting Whiteman back early
Duffy to Burton so that Cloughie can fall out with him and make him train with the U18s
Whiteman to Mansfield for £35k
CCV and Blackman recalled as we 'forget' to pay their wages
Leon to Bury as we find the paperwork was never done properly

That should do it.....
 
I should coco said:
Wilder was only appointed as a tax fiddle. We are leasing him so we can claim the VAT back.

Obviously we don't want to go up as the cost of new advertising hoardings to Premier standards will make the whole thing uneconomic. If it looks like we might still go up in January then Plan B comes into effect:

Brooks to Everton for £3.5m
Fleck to Coventry on a free
Coutts to Rovrum on a 5 season loan
Billy back to Donny in exchange for them letting Whiteman back early
Duffy to Burton so that Cloughie can fall out with him and make him train with the U18s
Whiteman to Mansfield for £35k
CCV and Blackman recalled as we 'forget' to pay their wages
Leon to Bury as we find the paperwork was never done properly

That should do it.....
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Clapper
 
Didn't HRH say he 'd had to relinquish his Saudi company shares when he got the Government job?

He may have got them back, I don't know. Anyone?
 
Sean Thornton said:
Didn't HRH say he 'd had to relinquish his Saudi company shares when he got the Government job?

He may have got them back, I don't know. Anyone?
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Yes that's what he said had to sell the company ,only kept his stake in the blades , he said he thought he would be a government minister or about 10 years but he has moved on sooner
 
Sean Thornton said:
Didn't HRH say he 'd had to relinquish his Saudi company shares when he got the Government job?

He may have got them back, I don't know. Anyone?
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Yes, he said he had to sell his remaining (50%?) stake when he became a minister. I doubt he has reinvested given the share price has plummeted in 3 years.

His investment advisers will have recommended tucking the cash away somewhere safer.

Should have loads to splash on United now.
 
Sean Thornton said:
Didn't HRH say he 'd had to relinquish his Saudi company shares when he got the Government job?

He may have got them back, I don't know. Anyone?
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According to Wiki he still has a 40% stake in the paper manufacturing company.
 
I should coco said:
FFS Sean Thornton , just make something up like everybody else does!

He got them back by cunning use of camel sex porn and the money tree.

Come on Sean Thornton, you really should show more imagination.
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Okay, he's spending it on kennelling and quarantine for Wilders dog which McCabe is holding to ransom. Roseh, I think they call it.
 
BushBlade said:
According to Wiki he still has a 40% stake in the paper manufacturing company.
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In his recent interview with James Shield, he said he sold his remaining stake when he joined the Government so I think Wiki is out of date.
 



UnitedBlade said:
Yes, he said he had to sell his remaining (50%?) stake when he became a minister. I doubt he has reinvested given the share price has plummeted in 3 years.

His investment advisers will have recommended tucking the cash away somewhere safer.

Should have loads to splash on United now.
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Buying into a Belgian club?
 
Dellas Cowboys said:
Lost it I heard. Prince and McCabe asked Lewis Hamilton to hide it for them for tax purposes. He hid it at the bottom of Nicole Scherzinger's knicker drawer after using an old key to sneak into her apartment. She found it, thought it was discarded loose change from an X Factor season fee and used it to get her hair done before the old £1 coins went out of circulation.
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Yep, seems plausible enough, I'm happy with that explanation.
 
SwissBlade said:
SwitchBLADE Smiles
As a result of this stuff in saudi, the Oil price has surged to its highest in 2 years
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Interesting. As you say though, oil is boom & bust. There's no getting away from the fact that the vast majority of the gulfs revenue still comes from Oil, which is in decline (especially if western governenments get their way with banning cars from city centres & the continued push for electric vehicles being more widespread). The worlds dependency on oil is slowly being wained. If someone manages to crack the whole hydrogen fuel cell thing & is able to mass produce them at similar prices to petroleum based vehicles then they could be in serious trouble.

Are the gulf states doing enough to get a contingency in place if it does go bust? I'm not so sure.

I suppose only time will be the ultimate test & everything else is speculation at this point, but personally I can't see this particular (albeit vast) bubble lasting a whole lot longer.
 
SwitchBLADE Smiles said:
Interesting. As you say though, oil is boom & bust. There's no getting away from the fact that the vast majority of the gulfs revenue still comes from Oil, which is in decline (especially if western governenments get their way with banning cars from city centres & the continued push for electric vehicles being more widespread). The worlds dependency on oil is slowly being wained. If someone manages to crack the whole hydrogen fuel cell thing & is able to mass produce them at similar prices to petroleum based vehicles then they could be in serious trouble.

Are the gulf states doing enough to get a contingency in place if it does go bust? I'm not so sure.

I suppose only time will be the ultimate test & everything else is speculation at this point, but personally I can't see this particular (albeit vast) bubble lasting a whole lot longer.
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Oil and Gas (less so) is boom and bust, but its very cyclical. It used to be about a 7 year curve from bust towards the end of the boom because the majors will wait before committing to going ahead with big projects, in my experience at least.

However, the Middle East, particularly Saudi is less boom and bust. I think the North Sea break even is around $80 per barrel, however Saudi is way down as the cost for recovery is a lot less, probably 10-12. Our field in Iraq for example is around $8. Saudi Aramco is the biggest operator in the world by a long way for good reasons

Undeniably, the Middle East's main revenues come from Oil and Gas, however, despite the West looking to reduce the reliance on fossil fuels, the desires for Oil aren't reducing that much because of the uses in plastics etc.

Saudi probably has around 100 years of Oil reserves, but due to improved technologies for recovery, this may be a conservative estimate. In addition, new fields are still being found.

Do the Middle East countries have contingency in place? I'd say so. Saudi, Qatar, UAE have all invested heavily overseas in major companies and the likes of Saudi have recognised that there is a need to change
 
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