Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
Bury, some mortgage questions.... 18:10 - Jun 24 with 12350 viewsRAFCBLUE

Interestingly this has surfaced today:

http://portvaleonline.com/BuryFC/BuryFC_Mortgage_Debenture.pdf

It's a mortgage document for Gigg Lane. Raised on Wednesday 29th May, as the paperwork was concluded on the bury takeover ( http://www.buryfc.co.uk/news/article/statement-takeover-completed-834927.aspx)

Got to say, they are fast workers!

Funny how:

1) A club that has no debts now has a mortgage
2) A board that have yet to sign a single new player have sanctioned a charge over their ground.
3) This document surfaces on the day that the new chairman says "judge me in three years"

I guess they can't say that they are mortgage free anymore!

George Bernard Shaw had it right: "He who can does; he who cannot, teaches." https://www.visittheusa.co.uk/
Poll: EGM - which way are you voting?

0
Bury, some mortgage questions.... on 22:43 - Jun 24 with 2236 viewsSuddenLad

Bury, some mortgage questions.... on 22:36 - Jun 24 by judd

Details remain sketchy as to his businesses, how much he has personally invested in the club and what his motives are for getting involved.

http://www.burytimes.co.uk/sport/10453905.New_Bury_chairman_is_a_31_year_old_pro

30th May


Accompanied by the most appropriate advertisement - EVER.

“It is easier to fool people, than to convince them that they have been fooled”

0
Bury, some mortgage questions.... on 22:48 - Jun 24 with 2229 viewsjudd

Bury, some mortgage questions.... on 22:42 - Jun 24 by SuddenLad

Well judd, you have far more knowledge of commercial financial matters than I have, but I have to say that from the layman's perspective, it just doesn't seem to add up somehow.

It's like one of those situations where you poke something with a stick to see if it twitches or to see whether it's actually real, without knowing what will actually happen.

I find it all very disturbing.








I have no evidence of my guess work, just supposition really. Commercial mortgages are difficult to land at the moment, so a big deposit, possibly inflated interest rates will all come into play if the business plan exhibits elements of risk associated with an ability to repay over the full period of the loan And I would expect that bury's cashflow projections are as attractive as daytime TV.

No doubt the new board are extremely well connected with commercial funders.

Why wouldn't you seek a charge (perfectly legally) over several acres of land just off the main commuter road into the metropolis of Manchester?

Poll: What is it to be then?

0
Bury, some mortgage questions.... on 22:58 - Jun 24 with 2210 viewsBigDaveMyCock

Bury, some mortgage questions.... on 22:36 - Jun 24 by judd

Details remain sketchy as to his businesses, how much he has personally invested in the club and what his motives are for getting involved.

http://www.burytimes.co.uk/sport/10453905.New_Bury_chairman_is_a_31_year_old_pro

30th May


You'd think a proper journalist would be able to put a bit more flesh on the bones than effectively saying 'well, I'm fooked if I know who he is, why he's doing it and how much it's costing him'. And then nothing more in the next three and half weeks.

Bury Times - Watergate Scandal - 1972

Today the Democratic Head Office was burgled by who we don't know and why is anybody's guess.

Some time later

President Nixon has resigned over painting the Whitehouse or sommat, who knows.

Some time even later

President Nixon got well p1ssed off in an interview with Alain Prost who looks suspiciously like Brian Clough and Tony Blair.
[Post edited 1 Jan 1970 1:00]

Poll: Was the Incredible Hulk a sh!thouse?

0
Bury, some mortgage questions.... on 23:01 - Jun 24 with 2203 viewsjudd

Bury, some mortgage questions.... on 22:58 - Jun 24 by BigDaveMyCock

You'd think a proper journalist would be able to put a bit more flesh on the bones than effectively saying 'well, I'm fooked if I know who he is, why he's doing it and how much it's costing him'. And then nothing more in the next three and half weeks.

Bury Times - Watergate Scandal - 1972

Today the Democratic Head Office was burgled by who we don't know and why is anybody's guess.

Some time later

President Nixon has resigned over painting the Whitehouse or sommat, who knows.

Some time even later

President Nixon got well p1ssed off in an interview with Alain Prost who looks suspiciously like Brian Clough and Tony Blair.
[Post edited 1 Jan 1970 1:00]


Imagine the boost to the classified "houses for sale" section though.

Poll: What is it to be then?

0
Bury, some mortgage questions.... on 23:46 - Jun 24 with 2151 viewsroccydaleian

Bury, some mortgage questions.... on 18:21 - Jun 24 by ColDale

Witnessed by Gordon Sorfleet???


Arf! Just got in.
0
Bury, some mortgage questions.... on 23:49 - Jun 24 with 2098 viewsjudd

It's just a shame they didn't fax the document off, in keeping with their record for administrative cock ups.

Poll: What is it to be then?

0
Bury, some mortgage questions.... on 23:53 - Jun 24 with 2087 viewsSuddenLad

Bury, some mortgage questions.... on 23:49 - Jun 24 by judd

It's just a shame they didn't fax the document off, in keeping with their record for administrative cock ups.


There's been much muttering of 'Fax Off' down Giggle Way today..........

“It is easier to fool people, than to convince them that they have been fooled”

0
Bury, some mortgage questions.... on 00:09 - Jun 25 with 2068 viewsDaley_Lama

My assumption is that in Bury supporting quarters, from the bit I've read, there's a few noggins cranking and checking which way the wind may be blowing.

Same as what this place would be like if/when potential sharks got the key to the door.

If I was a Bury fan I'd be reading here as much as their own board, the overwhelming sense of this thread is "something smells" not anti-bury or the fans, unless is a pee take about them accepting being spoon fed.

GL shakers, hopefully the "fan of football" will turn out to be a football fan.
[Post edited 1 Jan 1970 1:00]

Poll: DF in or out

0
Login to get fewer ads

Bury, some mortgage questions.... on 01:34 - Jun 25 with 2034 viewsSandyman

0
Bury, some mortgage questions.... on 10:53 - Jun 25 with 1878 viewsaleanddale

So who is the first Brazillian to sign??

and more importantly when?

This makes me laugh as in the 1980's a brazillian lad came to play for our sunday morning team. ( His mum had married some Rochdale bloke )

Can you imagine he was straight it at centre mid and we thought he would pull all the strings.

The toss meant we had to change round halfs before kick off and this fella just didnt move and stood with the oppos Centre half waiting for kick off.

Turns out the lad had 2 x left feet ( not in a gifted way!! ) and had never stepped foot on a football pitch before - him mum just wanted him to make some friends so said pretend you know what to do. Maybe this 40 year old is the new Brazillian hope for the Gigglers after 20+ years learning the rules!!!!!

0
Bury, some mortgage questions.... on 10:59 - Jun 25 with 1861 viewsMoonyDale

Bury, some mortgage questions.... on 10:53 - Jun 25 by aleanddale

So who is the first Brazillian to sign??

and more importantly when?

This makes me laugh as in the 1980's a brazillian lad came to play for our sunday morning team. ( His mum had married some Rochdale bloke )

Can you imagine he was straight it at centre mid and we thought he would pull all the strings.

The toss meant we had to change round halfs before kick off and this fella just didnt move and stood with the oppos Centre half waiting for kick off.

Turns out the lad had 2 x left feet ( not in a gifted way!! ) and had never stepped foot on a football pitch before - him mum just wanted him to make some friends so said pretend you know what to do. Maybe this 40 year old is the new Brazillian hope for the Gigglers after 20+ years learning the rules!!!!!



No you misunderstood, it is in fact a south American shemale who has just had a Brazillian (ouch)

Poll: Hill in or out? 2nd referendum.....

0
Bury, some mortgage questions.... on 12:00 - Jul 2 with 1620 viewsColDale

http://twohundredpercent.net/?p=23656
0
Bury, some mortgage questions.... on 12:46 - Jul 2 with 1534 viewsDaley_Lama

Tom Soares signs a 2 year deal for them.


Poll: DF in or out

0
Logo for 'BeGambleAware' Logo for 'BeGambleAware' Logo for 'GamStop' Gambling 18+
About Us Contact Us Terms & Conditions Privacy Cookies Advertising
© FansNetwork 2024