Tek wrote:

HeggyHandshake wrote:

Tangy wrote:

Presumably the lynch mob would be waiting at the gates?

In all seriousness, if ST let the club go into administration he and his family would likely need to leave the area - they are already getting stuff shouted at his family / libellous things being posted online - you think that wouldn't intensify?

As a businessman, it's not in STs best interests to have such a high profile administration - but guess it doesn't hurt to have a back up plan.

Would you lend him or any other business large amounts of money without a guarantee.

I Think (hope) this is being blown out of proportion. Don't get me wrong - clubs finances appear to be in a dire state but not sure the lights are ready to be turned off, as some are indicating.

Sooner ST meets the fans groups, the better

​'As a Businessman' Has he owned business before he inherited United??

Nope,he hasn't.

Worth remembering that Eddie wanted to appoint Justine as Chairwoman when he was on the way out.

This despite ST having been on the Board for what?5 years previous?

Speaks volumes.Now more so than ever.

 
Was a director at morning noon n night. But picking out 1 line from that post is a wee bit pedantic .

Does it say how much David Hamiltom has loaned the club?
A few weeks back after cath had given the £500k loan we heard another loan of £200k was put in from someone possibly David Hamilton? As he has now appeared on companies house with security over the hydro building.
The american banker stumps up £300k
If this is correct that is 1 MILLION quid since january to plug the gap as was said in the media in March.
Seriously what the fuck is going on? At this rate nobosy will want to buy the club as its a sinking ship with no assets to turn around.

blackandtangerine wrote:

bowers wrote:

Does it say how much David Hamiltom has loaned the club?
A few weeks back after cath had given the £500k loan we heard another loan of £200k was put in from someone possibly David Hamilton? As he has now appeared on companies house with security over the hydro building.
The american banker stumps up £300k
If this is correct that is 1 MILLION quid since january to plug the gap as was said in the media in March.
Seriously what the fuck is going on? At this rate nobosy will want to buy the club as its a sinking ship with no assets to turn around.

Nowt to worry about though bowers.
 

Has anyone actually said that though?

 

Last edited by Goodie Conway 2 (21/4/2017 8:08 am)

I guess the best we can hope is that the money ain't all spent and some of it is for next season (any chance of a clutching at straws emoji Tek?)

Not utterly impossible as you'd think the American at least would have done due diligence and has no desire to become the owner of a bit of Gussie Park or an industrial unit or whatever?

The Tullie casting some light on absolutely fuck all 

https://www.eveningtelegraph.co.uk/fp/dundee-united-chairman-stephen-thompson-back-usa-talking-cash/

500k from Alastair Borthwick by the looks of it

https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/RaazA78pTVuA9ppUGisEEf-4P_sxqOcAGg-jSG-yWTo/application-pdf?AWSAccessKeyId=ASIAINJRY4HKXRJR7VZA&Expires=1493147147&Signature=Mil5bC2cPcfQN4bKuaNIsKd3rYU%3D&x-amz-security-token=FQoDYXdzEPL%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDOrdOy5adKw8Y%2FBBNSK3A5pRDR1uutPttlDoweOlhr%2B%2B41caWW02XFraB%2FKOxrEKPbDbDK4RBw6cMZWd7uXTHMS8Ja5uo5PfMtiDq1VOUGiX6GAuMu2jRl0XqZaZzwK7XvboZeMH6V6si%2F6qhuJLenZcJIxDMa3oviqkcV6LpmKz%2FQ8qFmhdBeLDQ63ZpvzFGDSotYX5NQhXLVlHkcU0V3LjPD3iP8Z%2BzVqZuwVX4Xm01P%2BkdNgm5F5Daj7SVW11LfJLrxhjBi5HViTeQlqLFh7b%2FLadNUwACPwASwIWWkGLImc%2FxvT9m7snF4T%2FyE8TH8zt2k7j0yxC%2F0NlyRfn0ojI86IBOIs%2BwGEoZT9%2FXWX95rnROGKEQ4rY52I8w1kKAzAt3sx%2Fc%2FSrHuDxO2oJavoIx0Hcy1y7Q30KE8nam%2B7Ihnn9384qCNKIDuVEUe%2BrOAI7TeZ484ZyM9KFn79Y%2FGGcQCch%2BZr1l19xPKQLGtalsqTCtkX7B5vwQnRQ%2BAXlx2TbzwvXrwmFs1%2F14U3xqqGST76TdYzt7%2Brhkt%2FPV4ZRsArG5YY3i5wo3aiKxZJe4J0CkmNsLY3QYWD2EyPqMJGc9piz6F8ot%2Fj9xwU%3D

bowers wrote:

Link no working

 
It's working for me, it's a link to the latest charge now available on companies house 500k for security over Gussie etc. 

The one for David Hamilton isn't up yet.

So 500k from Cath and 500k from Alastair. Just the David Hamilton loan to go now. The amount of shit this man and his cronies are getting us into is quite frightening.

There seem to be multiple loans of £500k, from 3 individuals.

Am I reading this right - that they each have securities on these loans, of the properties, Gussie Park, the Club Shop, the Car Park and this Hydro building?

Aye. Sounds a bit bizarre. I didna think you could take oot 2 loans from 2 different lenders, and offer the same property as security on both loans.

Eg. Your hoose is worth £500k. You go to Bank of Scotland, and borrow £500k from them, and put up your hoose as security for the loan. You then go to TSB, and borrow £500k from them tae. Again you put up your hoose as security. Then you default on both loans. So the lenders want to take possession of your hoose. But they canna, can they, because they would each have a claim on it.

Am I reading this right or up the wrang dreel ?

HeggyHandshake wrote:

So 500k from Cath and 500k from Alastair. Just the David Hamilton loan to go now. The amount of shit this man and his cronies are getting us into is quite frightening.

Its cool though D, 'fans' thousands of miles away think we're all over reacting and just moaning bastards with nothing constructive to offer. 


 

So
£500k from Cath thompson
£500k from Alistair Borthwick
£100k from David Hamilton

What happens when we need more and cant meet the repayments? Whos next to getthe cheque book out?

We really need to get promoted which i cant see to help us we are fucked.

Last edited by bowers (26/4/2017 12:14 pm)