What's your buddy's souce. Is it direct from the ST or one of the Thompsons?

Goodie Conway 2 wrote:

ST and family have been bought out.

From a fairly reliable source that knows the Thompson family.

That's all the info I've got.

Speculate away.

Both ST and Justine?

This could be a very interesting week.

There was an American made enquiries a wee while back.  All went quiet tho.

So cath thompson has telt you hur family have been bought out?

Or cath thompson has told someone you know this?

blackandtangerine wrote:

Goodie Conway 2 wrote:

Billy_Hainey wrote:

What's your buddy's souce. Is it direct from the ST or one of the Thompsons?

The source was Cath Thompson.
 

I'd hope she knows her family
 

The question was who was my buddy's source, not mine.
 

I get that you can't follow a simple thread

Can you go and give you and caths pal a fone and see when we will find out who it is thats bought them out...

Sounds improbable. But...

Would be a reason why ST hasn't sacked Jackie, new owners want to bring in a new man.

I'm clutching at straws here.

Interesting B&T, if you think about it logically it makes sense, he's now away to buy and invest in the Jets - he'll need cash to do so, he wants to move to Oz, his Mum doesn't want the hassle, his sister might not fancy running the club on her own...

The only thing that doesn't add up is that he's just applied and been re elected to the SPFL board, strange thing to do when you know you're leaving the country in a few months, unless of course it's a paid position....

Last edited by Andy (25/8/2015 11:04 am)

edit: posted same thing twice

Last edited by Creme Tangerine (25/8/2015 11:34 am)

Creme Tangerine wrote:

On the subject of rumours, I was just shown a fb post where the chairman of the fed was saying he was informed by a director at Tannadice that should United have any financial difficulty, they would go directly into liquidation bypassing administration. I don't know the ins and outs of business procedures but I always thought admin would be first port of call to protect creditors. Would like to know why this is not the case for United. Very worrying to hear this. Can any fed guys shed more light on this? 

was this not the case when we were in debt at the bank ? I don't think they do 6p in the pound, they would just pull the plug and sell off the assets
 

blackandtangerine wrote:

Creme Tangerine wrote:

On the subject of rumours, I was just shown a fb post where the chairman of the fed was saying he was informed by a director at Tannadice that should United have any financial difficulty, they would go directly into liquidation bypassing administration. I don't know the ins and outs of business procedures but I always thought admin would be first port of call to protect creditors. Would like to know why this is not the case for United. Very worrying to hear this. Can any fed guys shed more light on this? 

Not a rumour, was actually said. Was a joint meeting between the trust and Fed where administration was talked about. The trusts associate director said there wouldn't be admin it would be straight to liquidation.

It was me that posted it on fb btw.
 

The normal process would be admin and then and only if no buyer could be found would liquidation result - also tbf it's rather hard to see any advantage to the Thompsons in going straight to liquidation - might depend on when this was said - if it was before the bank debt was cleared then even more unlikely as they would have been calling the shots.