V.O.R. - this is the report you refer to right?? dear o dear! :roll:Voice of reason wrote:Actually the vast majority of businessman I know have not left a trail of bust companies with unpaid debts behind themNBDag wrote:Well we just can't possibly say that he will or won't buy us and rinse it dry. But that's not really any different with any other takeover of any club. Businessmen make money from making businesses profitable. And almost all businessmen have had failed ventures. Almost everyone fails at something before they succeed. It's narrow-minded to only assume that this can only end badly. Especially when we all know bugger all about his plans. He needs to come out and be open about everything so we can truly know whether he's a good idea or not. Also the rest of his investment would not be a promise, it would be a contract.
In fact it's an offence to trade while insolvent
The point that several people have previously made is that the guy being championed by Thommo is personally criticised in at least one Receiver's report over his conduct in the failure of the business
The Receiver goes into detail
This is all in the public domain and can be viewed for free on the Companies House website
https://beta.companieshouse.gov.uk/comp ... ng-history (Return of final meeting PDF)