| Topic: Updates |
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| 161. Author: TAMPAR54 Date: Fri 11th Oct 2013. 16:06 Well done Pars Utd, that takes balls. Reply |
| 162. Author: Skypar Date: Fri 11th Oct 2013. 16:06 Cara Sulieman @carasulieman 35s Judge will make a decision today - that's what he's off to do now. Will come back after a "short break". No idea exactly how long. Reply |
| 163. Author: Steak_Bridie Date: Fri 11th Oct 2013. 16:09 Cara Sulieman @carasulieman 43s Administrators said funding has run out and there is no money to run club. Either Pars Utd need to take over or liquidation. Reply |
| 164. Author: andrew283 Date: Fri 11th Oct 2013. 16:09 Not good Reply |
| 165. Author: Skypar Date: Fri 11th Oct 2013. 16:09 Cara Sulieman @carasulieman 36s Administrators said funding has run out and there is no money to run club. Either Pars Utd need to take over or liquidation. Reply |
| 166. Author: pars_andy Date: Fri 11th Oct 2013. 16:09 Topic Originator: Scotty Par Date: Fri 11 Oct 16:06 But theres no way he will decide in favour of it after Fife Councils statement........ -------------------- Why not?? Fife council might not have grounds for terminating the lease if Masterton clears all debts Reply |
| 167. Author: Fifes Elite Date: Fri 11th Oct 2013. 16:10 THIS IS FUCKING TENSE Reply |
| 168. Author: Steak_Bridie Date: Fri 11th Oct 2013. 16:10 Cara Sulieman @carasulieman 37s Only reason liquidation could not happen today is because one of the administrators is in London. Reply |
| 169. Author: Skypar Date: Fri 11th Oct 2013. 16:11 Cara Sulieman @carasulieman 48s Only reason liquidation could not happen today is because one of the administrators is in London. Eh?.. totally confused now.. Reply |
| 170. Author: pars_andy Date: Fri 11th Oct 2013. 16:11 Topic Originator: Skypar Date: Fri 11 Oct 16:03 Cara Sulieman @carasulieman 36s Pars Utd will not sign sale and purchase agreement if any motion from the petitioners is granted. --------------------------- I hope they're able to explain this decision clearly to the fans. Reply |
| 171. Author: honk Date: Fri 11th Oct 2013. 16:11 My guts are churning! :( Reply |
| 172. Author: pars_andy Date: Fri 11th Oct 2013. 16:11 and players and staff Reply |
| 173. Author: Skypar Date: Fri 11th Oct 2013. 16:12 Cara Sulieman @carasulieman 16s Petitioners say there are 2 options; interim interdict or calling up notice. Expand Cara Sulieman @carasulieman 47s Basically, administrators said Pars Utd will not sign sale agreement if the lease is in any way attached to the club. Reply |
| 174. Author: Steak_Bridie Date: Fri 11th Oct 2013. 16:12 [b]Why not?? Fife council might not have grounds for terminating the lease if Masterton clears all debts[/b] Maybe I'm naïve but has Masterton got any business clearing the debt? If the council and Pars United are happy to agree to cancel the agreement, what business is it of GM? Reply |
| 175. Author: Fifes Elite Date: Fri 11th Oct 2013. 16:12 "I hope they're able to explain this decision clearly to the fans." They can't take on the debt that come with the lease. simple as that. Reply |
| 176. Author: sabino Date: Fri 11th Oct 2013. 16:13 I dont like odds like this Judge fails to decide today....liquidated Judge decides today in favour of plaintif........liquidated Judge decides today against plaintif......"solidified!" I'm more liquid than solid at the moment Reply |
| 177. Author: Auld_Reekie Date: Fri 11th Oct 2013. 16:13 I hope they're able to explain this decision clearly to the fans. I can't profess to understand all this since it's happened so quickly, but I assume PU can't sign it if it's not in business plan because they can't afford it. Can't exactly expect them to sign it if they don't have the money for it. Reply |
| 178. Author: Tekkers Date: Fri 11th Oct 2013. 16:14 everybody chill... Gavin promised us remember? He said we wouldn't go into liquidation. It's all going to be fine.... Reply |
| 179. Author: portypar Date: Fri 11th Oct 2013. 16:14 @carasulieman on twitter in court giving up to minute updates Reply |
| 180. Author: Skypar Date: Fri 11th Oct 2013. 16:14 Cara Sulieman @carasulieman 28s Calling up notice would see rent arrears and 2 years rent paid to council but liabilities would stay with club. There's 50 yrs left on lease Reply |