Topic: Updates |
---|
41. Author: Crabbit Date: Fri 11th Oct 2013. 13:10 45 minutes and they break for lunch. What are they on. Could they not have eaten when the computers were down. Absolutely ridiculous. Fair point Reply |
42. Author: Crabbit Date: Fri 11th Oct 2013. 13:10 Cara Sulieman @carasulieman 2m The petitioners want the lease for Pitreavie and say they have the funds available to pay off rent arrears to Fife Council and other debts. Reply |
43. Author: Alf Date: Fri 11th Oct 2013. 13:10 Cara Sulieman@carasulieman2m The petitioners want the lease for Pitreavie and say they have the funds available to pay off rent arrears to Fife Council and other debts Sorry for being daft here, but if they want it and the club don't then why can they not just sign it over? Reply |
44. Author: Crabbit Date: Fri 11th Oct 2013. 13:11 Cara Sulieman @carasulieman 1m Petitioners argued BDO want rid of the lease and they want it - they don't see problem. Reply |
45. Author: dafcburty Date: Fri 11th Oct 2013. 13:11 So is it, in reality, up to Fife Council whether they want to sell it or not!? If so, surely they'd take the money...? :( Reply |
46. Author: GaryMull86 Date: Fri 11th Oct 2013. 13:12 Surely if they are in arrears then fife council are well within there rights to rip up the contract? Reply |
47. Author: Crabbit Date: Fri 11th Oct 2013. 13:12 This seems to be a bit of a game changer? We didnt want to take on Pitreavie anyway? Reply |
48. Author: SanguinePar Date: Fri 11th Oct 2013. 13:12 EDIT - I think this may all be utter nonsense! Will leave it for posterity though: [s]I think it's because Fife council hold the lease and we are the 'tenants' - we want to get out of being the tenants, which FC will agree to, but GM (et al) won't. They want to become our landlords and hold us to the lease (which we can't afford). I think...[/s] ***Red carded despite breaking no rules, not swearing and not being abusive. ThaiPar out*** Post Edited ( Fri 11 Oct 13:26 ) Reply |
49. Author: buffy Date: Fri 11th Oct 2013. 13:14 Normal court procedure Sabino. Every other case proceeding this one will be running late / postponed. A sheriff's / acting solicitors' nightmare never mind the clients. **my typing speed is atrocious - lack of every day typing :-( ** ”Buffy’s Buns are the finest in Fife”, J. Spence 2019” Post Edited ( Fri 11 Oct 13:18 ) Reply |
50. Author: parsfan97 Date: Fri 11th Oct 2013. 13:14 @carasulieman: Petitioners say lease being renounced is not a condition of the Pars Utd offer or the CVA. Reply |
51. Author: Crabbit Date: Fri 11th Oct 2013. 13:15 By the sounds of it... GM doesnt care if we use Pitreavie or not, he just doesnt want the council ripping up the agreement? Reply |
52. Author: parsfan97 Date: Fri 11th Oct 2013. 13:17 Also he is concerned about his pension fund, which is tied in with the lease I think Reply |
53. Author: VsPar Date: Fri 11th Oct 2013. 13:17 Cara Sulieman @carasulieman 1m Petitioners told court in the CVA, the leasehold is valued as £143,266 but they have separate valuation of over £600,000. Reply |
54. Author: parsfan97 Date: Fri 11th Oct 2013. 13:18 @carasulieman: Petitioner also said Fife Council hadn't been asked if the lease could be renounced until Weds and it would take 7 days to decide. Interesting Reply |
55. Author: VsPar Date: Fri 11th Oct 2013. 13:19 Cara Sulieman @carasulieman 59s Fife Council have a representative at court in case the judge has any questions for them. Cara Sulieman @carasulieman 1m Petitioner also said Fife Council hadn't been asked if the lease could be renounced until Weds and it would take 7 days to decide. Reply |
56. Author: dafc Date: Fri 11th Oct 2013. 13:20 Masterton and his made up valuations again, he must still have valuers willing to lie for him Reply |
57. Author: pars4life1 Date: Fri 11th Oct 2013. 13:20 @carasulieman: Petitioners told court in the CVA, the leasehold is valued as £143,266 but they have separate valuation of over £600,000. Masterton finding someone to massively overvalue an asset? Not seen that one before . . . Reply |
58. Author: Digs Date: Fri 11th Oct 2013. 13:22 Cara Sulieman @carasulieman 1m Petitioners told court in the CVA, the leasehold is valued as £143,266 but they have separate valuation of over £600,000. Where have I heard wildly exaggerated valuations before?... Stair Maistreas na Beatha Reply |
59. Author: Crabbit Date: Fri 11th Oct 2013. 13:27 Cara Sulieman @carasulieman 1m Pitreavie 20-20 is the company which would take over the leasehold from BDO if granted. What will happen to Pars Foundation and SoccerSevens? I know they arent part of the club, but they do benfit the wider Pars community? Reply |
60. Author: swainy Date: Fri 11th Oct 2013. 13:27 Pitreavie 2020 ltd has a a loan of 2m available to pay off 1.5m of debts D.A are the number one! Reply |