| How much does OO owe VB? 12:57 - Jan 2 with 2456 views | spell_chekker |
It's dragging out for such a long time I can't remember where it's all up to.
It's something like - £32 + Manchester + Costs + Interest - £10m already paid = ?????
Have I missed any bit and bats? |  |
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| How much does OO owe VB? on 07:53 - Jan 3 with 1030 views | Lala |
| How much does OO owe VB? on 02:04 - Jan 3 by todayistheday |
Cant see other fish to fry as a stumbling block,more an excuse for him. I would say its an on going legal problem. Who pays who,the football club,Owen & Karl,segesta or another company. If my company went bump owing money,they wouldnt touch my other interests outside that business,so why do people talk about auctions. Are these part of Bfc's portfolio. Can see it going on and on and the longer it does,the football club will suffer and Oyston will gain the upper hand. Think Belokon has got all he's going to get and his wife will take him to the cleaners. |
That's an interesting viewpoint Titd and as far as we know as plausible as any other right now.
He doesn't want the sole responsibility of ownership as we know, just an investor role. Maybe he is genuinely in no rush to invest and as we know he is well able to wait for the rest of his pay off.
I think we make the understandable mistake of thinking the situation with the club means as much to him as it does to us. It simply can't, hence the differing expectations in outcome, especially with timescales, between VB and the fans. |  |
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| How much does OO owe VB? on 09:04 - Jan 3 with 1010 views | TwelveAngryMen |
| How much does OO owe VB? on 02:04 - Jan 3 by todayistheday |
Cant see other fish to fry as a stumbling block,more an excuse for him. I would say its an on going legal problem. Who pays who,the football club,Owen & Karl,segesta or another company. If my company went bump owing money,they wouldnt touch my other interests outside that business,so why do people talk about auctions. Are these part of Bfc's portfolio. Can see it going on and on and the longer it does,the football club will suffer and Oyston will gain the upper hand. Think Belokon has got all he's going to get and his wife will take him to the cleaners. |
TITD the judgment is against not only Segesta but also Owen and Karl personally
They are each jointly and severally liable and therefore any assets in any of their names could be auctioned
The charges are against 24 properties and 6 shareholdings inc Closelink which owns 40% of Whyndyke and Owen's shares in Segesta which of course owns BFC / the stadium / Travelodge, the training ground and Quernmore
The original debt was around £32m inc interest from May 17
£10m was paid in Dec ( £5m of which was borrowed and secured against the Travelodge )
So roughly
£22m
£2.5m further interest
£3m costs - could be more with all the applications
Balance £27.5m
He's also paid around £1.5m in the Manchester case inc costs - they were the payments on account of claim and costs
As Robbie says the balance has now been incorporated into the main judgment
I believe we will see movement in the next 14 days |  |
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| How much does OO owe VB? on 09:13 - Jan 3 with 1007 views | spell_chekker |
| How much does OO owe VB? on 09:04 - Jan 3 by TwelveAngryMen |
TITD the judgment is against not only Segesta but also Owen and Karl personally
They are each jointly and severally liable and therefore any assets in any of their names could be auctioned
The charges are against 24 properties and 6 shareholdings inc Closelink which owns 40% of Whyndyke and Owen's shares in Segesta which of course owns BFC / the stadium / Travelodge, the training ground and Quernmore
The original debt was around £32m inc interest from May 17
£10m was paid in Dec ( £5m of which was borrowed and secured against the Travelodge )
So roughly
£22m
£2.5m further interest
£3m costs - could be more with all the applications
Balance £27.5m
He's also paid around £1.5m in the Manchester case inc costs - they were the payments on account of claim and costs
As Robbie says the balance has now been incorporated into the main judgment
I believe we will see movement in the next 14 days |
Movement in 14 days.  Would probably mean another step towards auction.
£27.5m - I don't like saying it but, even at knockdown prices, I would have thought OO could raise that.
That'd leave him with the £5m borrowed against the Travelodge.  | |
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| How much does OO owe VB? on 09:26 - Jan 3 with 1001 views | Lala |
| How much does OO owe VB? on 09:13 - Jan 3 by spell_chekker |
Movement in 14 days. Would probably mean another step towards auction.
£27.5m - I don't like saying it but, even at knockdown prices, I would have thought OO could raise that.
That'd leave him with the £5m borrowed against the Travelodge. |
Morning TAM  | |
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| How much does OO owe VB? on 09:27 - Jan 3 with 1000 views | TwelveAngryMen |
| How much does OO owe VB? on 09:13 - Jan 3 by spell_chekker |
Movement in 14 days. Would probably mean another step towards auction.
£27.5m - I don't like saying it but, even at knockdown prices, I would have thought OO could raise that.
That'd leave him with the £5m borrowed against the Travelodge. |
Not sure it will - if my hunch is right I think we will see a change of tack | |
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| How much does OO owe VB? on 09:42 - Jan 3 with 994 views | spell_chekker |
| How much does OO owe VB? on 09:27 - Jan 3 by TwelveAngryMen |
Not sure it will - if my hunch is right I think we will see a change of tack |
My guesses for options open for a change of tack -
1) Do a deal. Not likely.
2) Review the enforcement process. Maybe a court appointed receiver for some form of none compliance on OO's part.
3) There's no change of tack and VB continues on the slow road towards auction. | |
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| How much does OO owe VB? on 09:51 - Jan 3 with 986 views | TwelveAngryMen |
| How much does OO owe VB? on 09:42 - Jan 3 by spell_chekker |
My guesses for options open for a change of tack -
1) Do a deal. Not likely.
2) Review the enforcement process. Maybe a court appointed receiver for some form of none compliance on OO's part.
3) There's no change of tack and VB continues on the slow road towards auction. |
Interesting options spell_checker
I've just submitted a piece to BST with my musings on where this is all going which inc's reference to the same | |
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| How much does OO owe VB? on 10:07 - Jan 3 with 983 views | spell_chekker |
| How much does OO owe VB? on 09:51 - Jan 3 by TwelveAngryMen |
Interesting options spell_checker
I've just submitted a piece to BST with my musings on where this is all going which inc's reference to the same |
Option 4) OO pays
I'd hope for option 2 but I've stopped getting my hopes up. I'm not desperate and can wait it out. | |
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| How much does OO owe VB? on 10:19 - Jan 3 with 978 views | TwelveAngryMen |
| How much does OO owe VB? on 10:07 - Jan 3 by spell_chekker |
Option 4) OO pays
I'd hope for option 2 but I've stopped getting my hopes up. I'm not desperate and can wait it out. |
Yeah I split ' do a deal ' into OO paying up or VB taking the Club in part ex | |
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| How much does OO owe VB? on 13:21 - Jan 3 with 965 views | Wizaard |
What I can't get my head around is how the courts have taken such a lenient view on the period allowed to repay. At the time, I thought there was mention of 21 days to pay. Certainly, £10 million was paid under sufferance in face of the initial deadline. Why no such pressure on the subsequent amounts?
I've used it before, but the analogy with paying a speeding fine holds good. You're given 28 days to pay and if you don't the full force of the law comes down, including custodial sentences.
How on earth can you still owe £27 million pounds 14 months in and still no pressure is being brought to bear? |  | | |
| How much does OO owe VB? on 13:37 - Jan 3 with 958 views | ROTTWEILERS |
| How much does OO owe VB? on 13:21 - Jan 3 by Wizaard |
What I can't get my head around is how the courts have taken such a lenient view on the period allowed to repay. At the time, I thought there was mention of 21 days to pay. Certainly, £10 million was paid under sufferance in face of the initial deadline. Why no such pressure on the subsequent amounts?
I've used it before, but the analogy with paying a speeding fine holds good. You're given 28 days to pay and if you don't the full force of the law comes down, including custodial sentences.
How on earth can you still owe £27 million pounds 14 months in and still no pressure is being brought to bear? |
WizðŸ‘
It's theft in everything but name |  |
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| How much does OO owe VB? on 13:39 - Jan 3 with 956 views | TwelveAngryMen |
| How much does OO owe VB? on 13:21 - Jan 3 by Wizaard |
What I can't get my head around is how the courts have taken such a lenient view on the period allowed to repay. At the time, I thought there was mention of 21 days to pay. Certainly, £10 million was paid under sufferance in face of the initial deadline. Why no such pressure on the subsequent amounts?
I've used it before, but the analogy with paying a speeding fine holds good. You're given 28 days to pay and if you don't the full force of the law comes down, including custodial sentences.
How on earth can you still owe £27 million pounds 14 months in and still no pressure is being brought to bear? |
Comparing how the courts enforce a speeding fine ( which is through the criminal courts ) and a civil judgment is literally chalk and cheese
It's the Claimant's option in the civil jurisdiction and unsatisfied judgments aren't that unusual | |
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| How much does OO owe VB? on 14:03 - Jan 3 with 950 views | Lala |
| How much does OO owe VB? on 13:39 - Jan 3 by TwelveAngryMen |
Comparing how the courts enforce a speeding fine ( which is through the criminal courts ) and a civil judgment is literally chalk and cheese
It's the Claimant's option in the civil jurisdiction and unsatisfied judgments aren't that unusual |
Afternoon Wiz 👠| |
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| How much does OO owe VB? on 14:04 - Jan 3 with 950 views | todayistheday |
| How much does OO owe VB? on 09:04 - Jan 3 by TwelveAngryMen |
TITD the judgment is against not only Segesta but also Owen and Karl personally
They are each jointly and severally liable and therefore any assets in any of their names could be auctioned
The charges are against 24 properties and 6 shareholdings inc Closelink which owns 40% of Whyndyke and Owen's shares in Segesta which of course owns BFC / the stadium / Travelodge, the training ground and Quernmore
The original debt was around £32m inc interest from May 17
£10m was paid in Dec ( £5m of which was borrowed and secured against the Travelodge )
So roughly
£22m
£2.5m further interest
£3m costs - could be more with all the applications
Balance £27.5m
He's also paid around £1.5m in the Manchester case inc costs - they were the payments on account of claim and costs
As Robbie says the balance has now been incorporated into the main judgment
I believe we will see movement in the next 14 days |
Thats a far too easy summary Tam,why is it going on and on. |  | | |
| How much does OO owe VB? on 14:17 - Jan 3 with 940 views | ROTTWEILERS |
| How much does OO owe VB? on 14:04 - Jan 3 by todayistheday |
Thats a far too easy summary Tam,why is it going on and on. |
It's frustrating that it appeared to be 'full steam ahead' by VB right up until Owen caught that plane to Riga. | |
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| How much does OO owe VB? on 14:19 - Jan 3 with 936 views | BringBackTheRedRoom |
| How much does OO owe VB? on 14:17 - Jan 3 by ROTTWEILERS |
It's frustrating that it appeared to be 'full steam ahead' by VB right up until Owen caught that plane to Riga. |
Sadly, He also got one back. |  |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
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| How much does OO owe VB? on 14:20 - Jan 3 with 936 views | spell_chekker |
| How much does OO owe VB? on 14:04 - Jan 3 by todayistheday |
Thats a far too easy summary Tam,why is it going on and on. |
OO must have £27.5m.
For starters, he got an £11m payment from the prem money.
Perhaps he's just playing at silly beggars and will dash everyones' hopes at the eleventh hour. | |
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| How much does OO owe VB? on 14:23 - Jan 3 with 933 views | janegallagher |
| How much does OO owe VB? on 02:04 - Jan 3 by todayistheday |
Cant see other fish to fry as a stumbling block,more an excuse for him. I would say its an on going legal problem. Who pays who,the football club,Owen & Karl,segesta or another company. If my company went bump owing money,they wouldnt touch my other interests outside that business,so why do people talk about auctions. Are these part of Bfc's portfolio. Can see it going on and on and the longer it does,the football club will suffer and Oyston will gain the upper hand. Think Belokon has got all he's going to get and his wife will take him to the cleaners. |
Bigger fish - I suppose it’s helping the economy
https://vardags.com/family-law/economy-boosted-by-big-money-divorce-cases |  |
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| How much does OO owe VB? on 14:30 - Jan 3 with 927 views | ROTTWEILERS |
BBTRR 🤣 | |
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| How much does OO owe VB? on 16:01 - Jan 3 with 917 views | TwelveAngryMen |
| How much does OO owe VB? on 14:04 - Jan 3 by todayistheday |
Thats a far too easy summary Tam,why is it going on and on. |
Initially Owen was given time to raise £ after Riga, then 2 month summer recess, then enforcement started with penal notices being secured
I now believe there is a change of tack that in itself has causes a delay
We will soon see | |
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| How much does OO owe VB? on 16:37 - Jan 3 with 907 views | todayistheday |
| How much does OO owe VB? on 16:01 - Jan 3 by TwelveAngryMen |
Initially Owen was given time to raise £ after Riga, then 2 month summer recess, then enforcement started with penal notices being secured
I now believe there is a change of tack that in itself has causes a delay
We will soon see |
Oh no,another delay,sounds like we are dealing with people more useless than fansonline and these sheep keep falling for it. | | | |
| How much does OO owe VB? on 16:44 - Jan 3 with 905 views | spell_chekker |
| How much does OO owe VB? on 16:37 - Jan 3 by todayistheday |
Oh no,another delay,sounds like we are dealing with people more useless than fansonline and these sheep keep falling for it. |
I think the it's implied that the delay has been between summer 2018 and now, with something happening in the next 2 weeks. Possibly even a major development like news of a deal or a receiver. | |
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| How much does OO owe VB? on 17:08 - Jan 3 with 894 views | TwelveAngryMen |
| How much does OO owe VB? on 16:37 - Jan 3 by todayistheday |
Oh no,another delay,sounds like we are dealing with people more useless than fansonline and these sheep keep falling for it. |
TITD it is what it is
It's not that nothing is happening - we just don't see it until it's listed | |
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| How much does OO owe VB? on 17:16 - Jan 3 with 887 views | todayistheday |
| How much does OO owe VB? on 17:08 - Jan 3 by TwelveAngryMen |
TITD it is what it is
It's not that nothing is happening - we just don't see it until it's listed |
Thought you communicated with Val,the way you talk,sounds like you and no one knows him at all. Could be worth talking to the wife,maybe she could shed some truth on him and whats going on. | | | |
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