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Even Numbers to 22

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knightandday View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote knightandday Quote  Post ReplyReply Direct Link To This Post Posted: 30 May 2023 at 15:13
Originally posted by Camquin Camquin wrote:

BBC is reporting that if Mick puts his hand in his pocket again and pays the players tomorrow, then Irish can have another week for the cheque to arrive.

Or bounce
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Raider999 Quote  Post ReplyReply Direct Link To This Post Posted: 30 May 2023 at 15:15
Originally posted by knightandday knightandday wrote:

Originally posted by Camquin Camquin wrote:

BBC is reporting that if Mick puts his hand in his pocket again and pays the players tomorrow, then Irish can have another week for the cheque to arrive.


Or bounce


It's probably in the post
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Post Options Post Options   Thanks (0) Thanks(0)   Quote islander Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 08:57
Optimism levels re: Irish dropped again last night according to Times correspondent. Wonder what today will bring.

Alex Lowe
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London Irish last night backtracked on a commitment to pay salaries in full, which was an RFU condition for extending the takeover deadline.

The RFU must decide today whether to still grant more time with only 50% pay guaranteed or suspend London Irish.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote tigerburnie Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 10:35
This really does have the smell of the buyers trying to finish off LI then try to buy any assets they might have, worrying all round.
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"We used to be indecisive, but we're not sure now"
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Raider999 Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 14:45
Originally posted by tigerburnie tigerburnie wrote:

This really does have the smell of the buyers trying to finish off LI then try to buy any assets they might have, worrying all round.
I have a new motto for the RFU
"We used to be indecisive, but we're not sure now"


Surely Crossan needs to pay 100% of wages today or he won't have a club to sell
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tulip Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 17:15
I thought he was giving it away for zilch. Nothing to sell. 
He obviously doesn’t want to pay out another 1/2 million because he doesn’t trust the buyers 


Edited by tulip - 31 May 2023 at 17:16
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Post Options Post Options   Thanks (0) Thanks(0)   Quote billesleyexile Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 17:42
apparently the 50% has been paid. so it's now down to whether the RFU blinks I suppose.
keep the faith
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Camquin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 31 May 2023 at 17:54
I believe he may have been willing to sell for £1, but only if the buyer took on all the responsibilities, so the debt to HMRC and those owed to the former director.

Now, I suspect there has been a lot o discussion as to how much of the latter they do take on.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote The Blues Quote  Post ReplyReply Direct Link To This Post Posted: 02 Jun 2023 at 23:25
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Camquin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jun 2023 at 08:22
Petition not order.
They have petitioned the courts to start the proceedings.
The order comes at the end.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Brizzer Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jun 2023 at 09:08
Originally posted by Camquin Camquin wrote:

Petition not order.
They have petitioned the courts to start the proceedings.
The order comes at the end.


So how long will that give them then Camquin? Before the order is served that is and their day in court?
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Camquin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jun 2023 at 09:55
About three weeks.
The bank might freeze their accounts on Monday.

And I am not sure that you can sell a business if the court has accepted the petition.
But at this point, I think they can pay the debt and stop the process.

This is not financial advice

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Post Options Post Options   Thanks (0) Thanks(0)   Quote castleparknight Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jun 2023 at 11:55
Great caveat Camquin Wink
Onward and Upwards C'mon Donny!
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