Vale Park Remortgaged

[Birches Head Fred]

Bliddy Heck, Perry & Co simply do not have any shame

 

Of course they don't Barry, none of them do, sheisters the lot of them,.....the writing was on the wall when Bill Bratt walked away with his shares paid for.

'For us All'...........

 

But surely if they have done something such as this which blatantly contravenes the articles of association and the terms of the council loan then it's illegal, null-and-void and they are bound by the laws of the land?

[billbee33]

I have been saying for the last couple of weeks the club had taken out another loan to cover Deakins and Millers tracks, now we have proof that the four directors that signed up for the loan, are nothing but a bunch of low life money theiving scum of the highest order, surely this is now the time to call the egm, to rid the club of the other three scumbags once and for all.

[Bluedevil]

This explains why so many 'old faces' have been spotted at VP this week, making sure their respective backsides are covered.

 

Reading some of TLBs comments this afternoon, it sounds like Mo's interest is cooling rapidly as well.

[For Us All]

There nothing but corrupt *******s! Remove the lot of them what ever the cost!

 

Will anyone want to pick up the pieces of this mess?

[valeblue]

For all of you who didn't want Mo , shame on you , you know who you are ,well done !:clap:

[TheLegalBeagle]

Hi All,

 

Disgraceful conduct.

 

After all the criticism directed at Mo about his so-called "plans" for the ground, BB & Co sell out thereby allowing those very same concerns to become a reality. This is indeed a legacy but not of the right kind.

 

As I said in my posts on the administration thread, if the rot is set in too deep then there is only one viable solution for the long term benefit of PVFC.

 

It is a real "dogs-dinner" folks but no necessarily irrecoverable.

 

Regards

[zaza123]

It depends on the Council I guess, but my own personal opinion is that the Council is trying to shrink its portfolio of properties, not increase it. So, whoever does take us out of admin, could cut a deal with the Council to take VP off their hands maybe?

 

NB - I'm trying to be positive.....

 

But this new mortgage will have been secured against Vale Park surely. If I default on my mortgage I lose my house. I don't think the sort of company this loan is going to be with to be as flexible as the council.

 

Does anyone know how it could be resolved if we owe the ground to two parties? Is it even legal?

[KEV.WILLIE]

I think the SC (as the holder of RWs shares) needs to contact the Police and ask for an investigation into the clubs finances

[For Us All]

It was taken out on 06.12.11

 

Who did they take the mortgage out with,the Britannia?

[Megavaliant]

Who signed it on behalf of Vale?

 

How about the company secretary and another bank signatory Bratt and the first is Lodey............:(

[tisdeano]

what does £300,000 equal in $

[Andyregs]

But I thought jeff Kents beloved 24.9% rule protected us from this kind of thing. Those fans who fought against positive change, shame on you.

[Howjy04]

It was taken out on 06.12.11

 

How ****ing convenient .was that 'we have now paid for our shares ' time?

[KEV.WILLIE]

Hi All,

 

Disgraceful conduct.

 

After all the criticism directed at Mo about his so-called "plans" for the ground, BB & Co sell out thereby allowing those very same concerns to become a reality. This is indeed a legacy but not of the right kind.

 

As I said in my posts on the administration thread, if the rot is set in too deep then there is only one viable solution for the long term benefit of PVFC.

 

It is a real "dogs-dinner" folks but no necessarily irrecoverable.

 

Glad to see your watching LB, as a legal bod I'm sure you have a view on the goings on

 

Regards

[Jacko51]

The loan has been taken from some company in Gibraltar named Continental Solutions Ltd. I can't find them on the web anywhere. If anyone can tell me how to post a .pdf file i'll put the signature on here and you can decide whose it is.