guest168
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Hi CW I am pretty sure a Ltd company must cease to trade once it cannot pay it debts hence why businesses go into administration so they can keep trading, at least in the short term. Obviously it is corporate law which like all laws is open to interpretation, I mean if you can borrow £10m to invest in your business, which you then keep for yourself and not pay back is still not a clear case of acting illegally then having cash flow problems / pay your bills and your legal operating status is certainly open to debate.
Hi Parrot, love it when all someone is obsessed with calling out other's fact claims whilst not actually mentioning which ones and why they don't deem them as facts, whilst again offering no actual input in thoughts or ideas. so why not actually contributed as you say you are qualified.
Again not sure where all this pie in the sky thinking is........ Other clubs with fan ownership did not start with a £2m + investment, i think most got control of the club for nothing and battle to improve the club by actually focussing on community.
KT got the club for £1 (plus any back handed he MAY have give DC for exclusivity at the time) he has gained valuable land which he / DC have separated away from NTFC, it is clear he doesn't want or value the football club and wants out. IMHO if he is given a free ride he will wait it out and run the club at cost neutral, just as DC did for the last 5 years of his reign.
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