Hughesy Posted April 14, 2020 Share Posted April 14, 2020 I wouldn't take any notice of the registration stuff until the one's associated with the club start to change. These are buying lots of assets at the moment so could be related to them but some of them have changed. Isn't that exactly whats in Dokko's post, something from PCP to St James Holdings? I dunno much about companies house stuff tbf. Yes, some of the one's associated with the club have changed, although why St James Holdings is lending money is a strange one. Could it be a charge for some kind of Deposit? Someone on twitter has said it means Ashley takes the club back if they default on the loan? Wouldn't surprise me for him to insert something like that. That would be correct given my experience IF the loan is defaulted. Or at least it's a possibility. The secured asset under the PCP security is her claim (or the proceeds thereof) against Barclays. Link to post Share on other sites More sharing options...
St1pe Posted April 14, 2020 Share Posted April 14, 2020 I have zero understanding of all of this but feel like I’ve been burned before when all of the monochrome companies house stuff was going around. Link to post Share on other sites More sharing options...
Mag_in_NZ Posted April 14, 2020 Share Posted April 14, 2020 I wouldn't take any notice of the registration stuff until the one's associated with the club start to change. These are buying lots of assets at the moment so could be related to them but some of them have changed. Isn't that exactly whats in Dokko's post, something from PCP to St James Holdings? I dunno much about companies house stuff tbf. Yes, some of the one's associated with the club have changed, although why St James Holdings is lending money is a strange one. They are ‘lending’ the deposit, well that’s how I read it. Ok knowing our luck it’ll be the return of the money to get into the data room...with fatty telling them to “sling their hook".......but then again, I’m going to look at the beer in the fridge and tell work to get me off call IMMEDIATELY Link to post Share on other sites More sharing options...
Hughesy Posted April 14, 2020 Share Posted April 14, 2020 Granting security is way way more important than setting up a company. This is a whole new level. In fact, it'd be very strange to give security over assets unless a deal has actually occurred. Link to post Share on other sites More sharing options...
Collage Posted April 14, 2020 Share Posted April 14, 2020 I have zero understanding of all of this but feel like I’ve been burned before when all of the monochrome companies house stuff was going around. My feelings exactly. Can’t help getting excited though. Link to post Share on other sites More sharing options...
Sergio Posted April 14, 2020 Share Posted April 14, 2020 Thanks for writing her another letter Stifleaay[/member] Link to post Share on other sites More sharing options...
bhoywhonder Posted April 14, 2020 Share Posted April 14, 2020 Can anyone explain the significance of PCP to someone with zero knowledge of finance? All I can think of when I read it is... "You ever seen what this stuff does to kids?" Link to post Share on other sites More sharing options...
Facundo Ferreyra Posted April 14, 2020 Share Posted April 14, 2020 https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/7dc4kdiDB56cQ5nVrcvLTuojY4ido4hMjDvfeO9bnxU/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3JP5QGBUY%2F20200414%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20200414T100514Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEFkaCWV1LXdlc3QtMiJGMEQCIEEFqxEyzhMzwT7RpNMqgYqvcpDpGEQveEoBzIBmNMpsAiAvxpI%2FT8UKIFdfVO%2BuK1xQAJwoNtKW5P2goNFpApRQuSq0AwhyEAIaDDQ0OTIyOTAzMjgyMiIMD4QjkQGZW2w59NytKpEDXfNXz1FdjO3B7hVm9KWHpMFZh7C0p6UiEyz8Q%2BpeBrnjFK16TJwzC6FvEeZQlCeVVbSTUUHjzVNJI3fwo4JoyyctXNnxeCaJRu1%2FquaY1kvBdciivI0DDvfA12wCfa2Ls2I3ehVab7IGvQ%2Bthb3fBv%2FiT2zsfXE9Hf83k8ljj7gwR6xSw3XtzoJAAJfnAjgAk027yGNgvWHsYdI0sAGK3Vrl8RsI%2FgbTAVWs9lkosHRiZsecyWMzayfnWpyYhBM6ZZJpQdHvlYc1ls4NJWHuL%2FZyXbMKJDqBOIXouJL36S9WmuJh6LiNFKLRKsqzq4eR5346zI9A8%2FBNdpS4%2FQdSsTaL1vwVt9Sr4CLPrk8H6lSGQ0TyI0FVBmBUYhKDR271kVjyE%2Fo%2BV7ILb4HvAklwrM4ear%2FHrQcFUGpASGGY8yiwh0rQE1NDsHm7LE9xUXfFZBLtcwLrAJVwt30JVbyqB2cm%2BpjKSNDwgbPhhDszmwLzgzV7GRQRBPHXFiikPKV%2F%2BYgUFOYWgUw2yO7QydnO8Tow8vXV9AU67AEnbXMzrDcUDZjWSCilhwvs%2Fg%2Fn5ENg1kAn8ovuk32%2FGw258to2aoNkDSVDF29%2FDGpzPnTacLvQJcVQGGOWTXIIZ9VczmORNvflUAX1dPaK9QI8T63UADny8UI1do8jEZez2U8Ro6%2F1V8b1M05izm0RZsI2A2FpKMAYVpq1C7t4OVsRneBuLt5s4wysxaN%2B3VpDzi5d%2FRR9MX24JSRvE2zwffGhHPPsXLZC6LTQGE%2BgE5NboO1M0HmtmO6OJZZ4pAxc83gzc6tsS8STTa2d5HolR5V1BxnkbrGot2gSm0Xf9lNaMtFAAa9zI8sVEw%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=3fb056eb31f63155763abc5b8bf1d56b925367701dd81932b903a2605b331a5a Section 3 is interesting Link doesn't work. What's section 3? Link to post Share on other sites More sharing options...
Kanji Posted April 14, 2020 Share Posted April 14, 2020 My thoughts too Hughesy[/member] just skimming the doc and the legal langauge. But this is far diff than how we do things in the USA so the formalities of this are new territory for me. Link to post Share on other sites More sharing options...
Stifler Posted April 14, 2020 Share Posted April 14, 2020 Thanks for writing her another letter Stifleaay[/member] I know nothing this time. Link to post Share on other sites More sharing options...
Robster Posted April 14, 2020 Share Posted April 14, 2020 Can anyone explain the significance of PCP to someone with zero knowledge of finance? All I can think of when I read it is... "You ever seen what this stuff does to kids?" It's certainly fucking with all of our heads. Link to post Share on other sites More sharing options...
Rafalove Posted April 14, 2020 Share Posted April 14, 2020 Can anyone explain the significance of PCP to someone with zero knowledge of finance? All I can think of when I read it is... "You ever seen what this stuff does to kids?" Staveley’s company. Link to post Share on other sites More sharing options...
Kanji Posted April 14, 2020 Share Posted April 14, 2020 You don’t deposit 150m lightly. FYI. Lol. Link to post Share on other sites More sharing options...
Anderson Posted April 14, 2020 Share Posted April 14, 2020 Had on, why's SJH lending to Stavely? Beat me to it....what’s going on here.....any company level specialists fancy commenting on this Yeah that is strange. Deleted my post after a bit more reading - it's a vendor loan, there's not been any cash lent. Looks as if a £13m deposit paid by Staveley to SJH has then been held in ring fenced account by them, hence why they become the lender on the legal docs. Link to post Share on other sites More sharing options...
Stifler Posted April 14, 2020 Share Posted April 14, 2020 You don’t deposit 150m lightly. FYI. Lol. Is that how much has been deposited? Link to post Share on other sites More sharing options...
Minhosa Posted April 14, 2020 Share Posted April 14, 2020 You don’t deposit 150m lightly. FYI. Lol. Kanj - £150m down and then seller financed hence the earlier MASH Docs? Link to post Share on other sites More sharing options...
11Tino11 Posted April 14, 2020 Share Posted April 14, 2020 Spelling errors in a 150m transaction, fake news? Link to post Share on other sites More sharing options...
Stifler Posted April 14, 2020 Share Posted April 14, 2020 Had on, why's SJH lending to Stavely? Beat me to it....what’s going on here.....any company level specialists fancy commenting on this Yeah that is strange. Deleted my post after a bit more reading - it's a vendor loan, there's not been any cash lent. Looks as if a £13m deposit paid by Staveley to SJH has then been held in ring fenced account by them, hence why they become the lender on the legal docs. So it’s the proof of funds deposit? Link to post Share on other sites More sharing options...
RS Posted April 14, 2020 Share Posted April 14, 2020 https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/7dc4kdiDB56cQ5nVrcvLTuojY4ido4hMjDvfeO9bnxU/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3JP5QGBUY%2F20200414%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20200414T100514Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEFkaCWV1LXdlc3QtMiJGMEQCIEEFqxEyzhMzwT7RpNMqgYqvcpDpGEQveEoBzIBmNMpsAiAvxpI%2FT8UKIFdfVO%2BuK1xQAJwoNtKW5P2goNFpApRQuSq0AwhyEAIaDDQ0OTIyOTAzMjgyMiIMD4QjkQGZW2w59NytKpEDXfNXz1FdjO3B7hVm9KWHpMFZh7C0p6UiEyz8Q%2BpeBrnjFK16TJwzC6FvEeZQlCeVVbSTUUHjzVNJI3fwo4JoyyctXNnxeCaJRu1%2FquaY1kvBdciivI0DDvfA12wCfa2Ls2I3ehVab7IGvQ%2Bthb3fBv%2FiT2zsfXE9Hf83k8ljj7gwR6xSw3XtzoJAAJfnAjgAk027yGNgvWHsYdI0sAGK3Vrl8RsI%2FgbTAVWs9lkosHRiZsecyWMzayfnWpyYhBM6ZZJpQdHvlYc1ls4NJWHuL%2FZyXbMKJDqBOIXouJL36S9WmuJh6LiNFKLRKsqzq4eR5346zI9A8%2FBNdpS4%2FQdSsTaL1vwVt9Sr4CLPrk8H6lSGQ0TyI0FVBmBUYhKDR271kVjyE%2Fo%2BV7ILb4HvAklwrM4ear%2FHrQcFUGpASGGY8yiwh0rQE1NDsHm7LE9xUXfFZBLtcwLrAJVwt30JVbyqB2cm%2BpjKSNDwgbPhhDszmwLzgzV7GRQRBPHXFiikPKV%2F%2BYgUFOYWgUw2yO7QydnO8Tow8vXV9AU67AEnbXMzrDcUDZjWSCilhwvs%2Fg%2Fn5ENg1kAn8ovuk32%2FGw258to2aoNkDSVDF29%2FDGpzPnTacLvQJcVQGGOWTXIIZ9VczmORNvflUAX1dPaK9QI8T63UADny8UI1do8jEZez2U8Ro6%2F1V8b1M05izm0RZsI2A2FpKMAYVpq1C7t4OVsRneBuLt5s4wysxaN%2B3VpDzi5d%2FRR9MX24JSRvE2zwffGhHPPsXLZC6LTQGE%2BgE5NboO1M0HmtmO6OJZZ4pAxc83gzc6tsS8STTa2d5HolR5V1BxnkbrGot2gSm0Xf9lNaMtFAAa9zI8sVEw%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=3fb056eb31f63155763abc5b8bf1d56b925367701dd81932b903a2605b331a5a Section 3 is interesting Link doesn't work. What's section 3? Click on the first pdf: https://beta.companieshouse.gov.uk/company/OC311146/filing-history Link to post Share on other sites More sharing options...
Facundo Ferreyra Posted April 14, 2020 Share Posted April 14, 2020 I can't take this like Link to post Share on other sites More sharing options...
Stifler Posted April 14, 2020 Share Posted April 14, 2020 Spelling errors in a 150m transaction, fake news? Doesn’t that mean it’s over £150m? Link to post Share on other sites More sharing options...
Dokko Posted April 14, 2020 Share Posted April 14, 2020 You don’t deposit 150m lightly. FYI. Lol. Kanj - £150m down and then seller financed hence the earlier MASH Docs? For those not seeing the 150m (I didn’t) Link to post Share on other sites More sharing options...
Hughesy Posted April 14, 2020 Share Posted April 14, 2020 I don't think the 150m reference means anything in particular. It's simply a representation relating to the value of the security. Link to post Share on other sites More sharing options...
junkhead Posted April 14, 2020 Share Posted April 14, 2020 Those charge don't prove a takeover is complete but fuck it CAAAAAAAAAAAAAAAAAAAAANNNNNNNNNNNNNNNNNNSSSSSSSSZZ!!!!!!!!!!!!!!!!! Link to post Share on other sites More sharing options...
Hughesy Posted April 14, 2020 Share Posted April 14, 2020 Those charge don't prove a takeover is complete but fuck it CAAAAAAAAAAAAAAAAAAAAANNNNNNNNNNNNNNNNNNSSSSSSSSZZ!!!!!!!!!!!!!!!!! Agreed - I mean usually any security is dated the same date as completion in my world, so this is all a bit odd. Link to post Share on other sites More sharing options...
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