onevalefan.co.uk Present Past Specials About Forum
Jump to content
onevalefan.co.uk forum

Advert


Advert


Theft?


PVTony

Recommended Posts

If Miller and Deakin have remortgaged Vale Park for £300,000 and then TAKEN the money for themselves to spend on shares they will have taken the money for their own use.

I consider this as stealing. It is simply fraud and theft.

 

If I am correct in assuming this shouldn't Deakin not be able to work his notice but be fired for theft along with Miller.

 

Also, shouldn't court proceedings be taking place to sue them for the £300,000 and everthing else they have taken from the club since they deceived the shareholders into voting them onto the committee?

 

It would be only right for these two to be made to return what they have taken from the club and then be imprisoned.

Link to comment
Share on other sites

Advert

If Miller and Deakin have remortgaged Vale Park for £300,000 and then TAKEN the money for themselves to spend on shares they will have taken the money for their own use.

I consider this as stealing. It is simply fraud and theft.

 

If I am correct in assuming this shouldn't Deakin not be able to work his notice but be fired for theft along with Miller.

 

Also, shouldn't court proceedings be taking place to sue them for the £300,000 and everthing else they have taken from the club since they deceived the shareholders into voting them onto the committee?

 

It would be only right for these two to be made to return what they have taken from the club and then be imprisoned.

 

Dont think they can remortgaged then use money to buy there own shares?

Link to comment
Share on other sites

The thread on PVO suggests another alternative, that the loan is a short term one used to prove that the money for the shares has gone into the bank. Once the "proof" is shown to the media, the loan is repaid.

 

Still all sounds very dodgy to me, if that is the real reason for this.

Link to comment
Share on other sites

With the fat wage these 2 alone were/are drawing, with gates of 3,700 and dropping, with remortgages etc, it can only be weeks [Days even], before administration? Quite strange when only a couple of months back the peroxide ***** was telling us we had record corporate/advertising investment, even WITHOUT the infamous 8 millions!?

Link to comment
Share on other sites

I think it is best to leave the sumising untill we find out what has happened to the money; with all the digging at the moment it is bound to be revealed in all its glory. :yes:

 

I agree - there are far too many guesses as to what the money was used for and who actually borrowed it - as far as I can work out, for the loan to have been taken out legally by the company, and secured against its only realisable asset (the ground) it would presumably have had to be agreed at board level - and minuted as such. The board minutes may or may not be something we, as shareholders, are entitled to see at this stage, but they will presumably have to record who made the decision to take out the loan.

 

I think we all ought to stop speculating until we know for sure - it's not helpful at this point!!

Link to comment
Share on other sites

Magic Flask,maybe you are correct in saying it is not helpful to speculate but what is not speculation is that the ground has been re-mortgaged and Vale can ill afford to pay back the loan which will only lead to the inevitable I'm afraid.As an aside we have only Bratt's word that it is only 300k.:(

Link to comment
Share on other sites

What concerns me is that if things are as bad or worse than we are all speculating.

 

There's obviously some serious financial wrong doings at the club that have been covered up,

 

The last time I can remember this happening to a club it was with Luton Town who got hounded out of the FL and are yet to return.

 

Dean.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Reporting Posts and other information

    Rules - This forum is moderated but the admin team don't read everything. Don't assume we'll spot rule breaking and alert us by reporting content. Logged in users can hover over the post and click the orange button. Guests can contact us here. If you don't get on with another user you can "ignore" them. Click this link, type in their username and click save. Please check with the admin team if you wish to sell/auction any items. We're happy to support good causes but check first.

    Use - This forum may not be suitable for all as it may contain words or phrases not considered appropriate for some. You are personally responsible and potentially liable for the contents of your posting and could face legal action should it contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. Please do not reveal any personal information about yourself or anyone else (for example: phone number, address or email address). This forum is not in any way affiliated with Port Vale FC. OVF reserve the right to edit, delete, move or close any thread for any reason. If you spot an offensive post please report it to the admin team (instructions are above).

    Adverts - This site occasionally a) has adverts and sponsored features about gambling b) accepts sponsored posts from third parties. If you require help and advice on gambling read these links: Information on protecting young people | Addiction help from gambleaware.co.uk
  • Friends of OVF

×
×
  • Create New...