Sports direct bill has dropped through the hun letterbox

DIGGER1155 said:
And just to add to thier woes. Sick note will not be playing anytime soon rich club just payed 50% of 3months loan Ā£100,000 for a return of 20 minutes play,and this is one bill that must be payed still being the richest club in Scotland they can afford it,that is according to the media in Scotland
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Sicknote? He makes Darren Anderton look like a record appearance player šŸ˜‚
 
game-of-thrones-theon-greyjoy.gif

S03E07-CYSPfIRG-subtitled.jpg
 
Ok - so this is what I donā€™t quite get re all the ā€œinvestorsā€ in sevco. Now I will preface this by saying I donā€™t in any way claim to have any great financial/business knowledge so i may be way way off the mark and talking through my hole - wouldnā€™t be the first time. Iā€™m going by some logic. (Well it seems logical to me).

If we assume they are kocher investors - no laughing at the back there - then they must be looking for a return. So they loan sevco the money and in some cases they get paid back with interest. Hence theyā€™ve made some money

Or if they donā€™t get paid back, it gets converted into shares at say 20p so they then have an equity share in this fantastically well run business. (Seriously, you lot at the back, stop laughing!)

So - if they have shares, where do they get a return from? Well I suppose a dividend and given they are such a profitable well run businessā€¦..I wonā€™t tell you lot at the back againā€¦..

So how do they get the big payoff from their shares - somebody buys them out. Needs to be greater than 20p a share though - letā€™s say 25p a share - thatā€™s a 25% return.

So if someone buys out the shareholders entirely - I believe I read somewhere that they have something like 400 MILLION shares - well thatā€™s a buyout price ofā€¦. Ā£100m!!!

Who in their right mind would shell out that amount of money on a loss-making business?

Like I say - I may be way off beam here and please no need to sugarcoat it if Iā€™m talking bollocksā€¦ā€¦but is it bollocks?
 
SalopCelt said:
Ok - so this is what I donā€™t quite get re all the ā€œinvestorsā€ in sevco. Now I will preface this by saying I donā€™t in any way claim to have any great financial/business knowledge so i may be way way off the mark and talking through my hole - wouldnā€™t be the first time. Iā€™m going by some logic. (Well it seems logical to me).

If we assume they are kocher investors - no laughing at the back there - then they must be looking for a return. So they loan sevco the money and in some cases they get paid back with interest. Hence theyā€™ve made some money

Or if they donā€™t get paid back, it gets converted into shares at say 20p so they then have an equity share in this fantastically well run business. (Seriously, you lot at the back, stop laughing!)

So - if they have shares, where do they get a return from? Well I suppose a dividend and given they are such a profitable well run businessā€¦..I wonā€™t tell you lot at the back againā€¦..

So how do they get the big payoff from their shares - somebody buys them out. Needs to be greater than 20p a share though - letā€™s say 25p a share - thatā€™s a 25% return.

So if someone buys out the shareholders entirely - I believe I read somewhere that they have something like 400 MILLION shares - well thatā€™s a buyout price ofā€¦. Ā£100m!!!

Who in their right mind would shell out that amount of money on a loss-making business?

Like I say - I may be way off beam here and please no need to sugarcoat it if Iā€™m talking bollocksā€¦ā€¦but is it bollocks?
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Smoke & Mirrors FC
The usual staunch 'Business associates' will pony up some cash to keep them afloat, but the Gullibillies, will do whatever it takes to keep 'The big hoose open'
 
Bellshill bhoy said:
They would take the 15 points, it hearts drop any further back in the league the Huns will still finish 2nd.
They have avoided the 2nd administration penalty cut off date, I think it was 5 or7 years after your 1st one
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they have never had an admin event

that was Rangers who went into admin but because they chose liquidation rather than restructuring their debts this new club with assets of liquified club have never had an admin event as yet
 
26+6=1 said:
There's a few suggestions regards Sevco's funding and while I wouldn't rule out Loyalist narco-terror I don't get the laundering angle. It's not money laundering if you get nothing back. Sevco is the financial equivalent of Portadown.

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if its another countries tax bill evaded then its no coming out your pocket

hence the trust fund set up

you can never know coz its filtered through a trust fund and you cant see where they got the cash

its trust money
 
Tarzan Trump said:
if its another countries tax bill evaded then its no coming out your pocket

hence the trust fund set up

you can never know coz its filtered through a trust fund and you cant see where they got the cash

its trust money
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Yeah but it's all one way traffic; there's no return on the investment. Pablo Escobar used to fuck money into holes and ended up burning $100,000s one evening just to keep his daughter warm in the safe house.
Sevco are a massively loss-making enterprise. There is no hiding that in any kind of offshore fund. They don't need money offshore they need it to shore up their season, fend off the creditors etc. I would not be surprised if Celtic have their matchday coaches from a new company next year as it would be a terrible tragedy to see Douglas (vice drippin outta the look of him) Park hoisted by his own petard and dragged down with the current 'engine room subhumanity'.
 
26+6=1 said:
Yeah but it's all one way traffic; there's no return on the investment. Pablo Escobar used to fuck money into holes and ended up burning $100,000s one evening just to keep his daughter warm in the safe house.
Sevco are a massively loss-making enterprise. There is no hiding that in any kind of offshore fund. They don't need money offshore they need it to shore up their season, fend off the creditors etc. I would not be surprised if Celtic have their matchday coaches from a new company next year as it would be a terrible tragedy to see Douglas (vice drippin outta the look of him) Park hoisted by his own petard and dragged down with the current 'engine room subhumanity'.
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its the never ending cycle of extras it brings

its not about making money here and now, that comes when (if) they establish the new brand as same brand and sell their confetti for real money

they billions that disapear literally into bermuda triangle pay wages and bonuses to dudes filtering the billions into real banks and propping up holes elsewhere

it also helps foster trust for other scams with the old blackmail or you were part of it too-

hence imo sirdm is untouchable as he can bring down bigger fish who using same dodgy porn techniques of accounting

the money used in these scams can bring great fortunes to individuals who use the potentially ill gotten money

and just like piracy of old if it gets through the system the lord running iot makes money from nothing masonic magick

if it doesnt work the pirates working for the lord either directly or indirectly take the fall unless they have their lord nailed in the fraud then it wont ever get to court

and nobody loses nothing ecept the people or country or companies scammed

like south african ta authorities lose billions in ta scams

it ends up in trusts where it should not be

and it filters through to projects that might make cash in future but might not

almost a dragons den investment type thing except the money used to invest is trust money that has already been scammed out of another bank account of treasury through piracy
 
Tarzan Trump said:
its the never ending cycle of extras it brings

its not about making money here and now, that comes when (if) they establish the new brand as same brand and sell their confetti for real money

they billions that disapear literally into bermuda triangle pay wages and bonuses to dudes filtering the billions into real banks and propping up holes elsewhere

it also helps foster trust for other scams with the old blackmail or you were part of it too-

hence imo sirdm is untouchable as he can bring down bigger fish who using same dodgy porn techniques of accounting

the money used in these scams can bring great fortunes to individuals who use the potentially ill gotten money

and just like piracy of old if it gets through the system the lord running iot makes money from nothing masonic magick

if it doesnt work the pirates working for the lord either directly or indirectly take the fall unless they have their lord nailed in the fraud then it wont ever get to court

and nobody loses nothing ecept the people or country or companies scammed

like south african ta authorities lose billions in ta scams

it ends up in trusts where it should not be

and it filters through to projects that might make cash in future but might not

almost a dragons den investment type thing except the money used to invest is trust money that has already been scammed out of another bank account of treasury through piracy
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meanwhile SKY is showing gazpron CL Football.
 
Breaking newsā€¦..Huns delisted on stockbrokers site, even they have had ENOUGH of the Huns dodgy business practices ā€¦.

glasgowcelticstream.co.uk

Newco Rangers delisted from stockbroker after latest confetti issue

Not to use emotive terms or to point score but to simply state facts, The company founded in 2012 named Sevco Scotland Ltd which bought a basket of divisible assets and later changed its name on thā€¦
glasgowcelticstream.co.uk glasgowcelticstream.co.uk
 
Bellshill bhoy said:
Breaking newsā€¦..Huns delisted on stockbrokers site, even they have had ENOUGH of the Huns dodgy business practices ā€¦.

glasgowcelticstream.co.uk

Newco Rangers delisted from stockbroker after latest confetti issue

Not to use emotive terms or to point score but to simply state facts, The company founded in 2012 named Sevco Scotland Ltd which bought a basket of divisible assets and later changed its name on thā€¦
glasgowcelticstream.co.uk glasgowcelticstream.co.uk
Click to expand...
 
Bellshill bhoy said:
Breaking newsā€¦..Huns delisted on stockbrokers site, even they have had ENOUGH of the Huns dodgy business practices ā€¦.

glasgowcelticstream.co.uk

Newco Rangers delisted from stockbroker after latest confetti issue

Not to use emotive terms or to point score but to simply state facts, The company founded in 2012 named Sevco Scotland Ltd which bought a basket of divisible assets and later changed its name on thā€¦
glasgowcelticstream.co.uk glasgowcelticstream.co.uk
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They were probably sick of their office doorway resembling a registry office confetti all over the shop
 
MickyMcMick said:
They were probably sick of their office doorway resembling a registry office confetti all over the shop
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the price never changes despite dilution and monster losses

hard to justify the price if watchdog asks for the auditors reports lmao

im sure the auditor is part of the jp jenkins group so maybe they jumped ship too after being lied to again
 
campbell dallas is hard to find on companies house

seems they liquidated in 2016

some financial service that 1

maybe its a vogue thing liquidating but still trading under assets of liquidated company :p

CAMPBELL DALLAS FINANCIAL SERVICES LTD overview - Find and update company information - GOV.UK

CAMPBELL DALLAS FINANCIAL SERVICES LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity
find-and-update.company-information.service.gov.uk find-and-update.company-information.service.gov.uk
 
i cant remember that news being reported

Sevco auditor campbell dallas liquidates and joins a new group called azets

its like a myriad of weird accounting

www.heraldscotland.com

Accounting names to disappear

The oldest name in Scottish accountancy is set to disappear under re-branding plans by its international owner.
www.heraldscotland.com www.heraldscotland.com
 
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