maguskwt wrote:lakes10 wrote:the best intrest for the club is to let RBS set the selling price, this will see the club sold fast but at a low profit to G&h, G&H had an idea that it might come to this and thats why they put another bank in charge of finding a buyer making it a bit harder for RBS to set the price, it still can be done in a few steops but needs the other banks to give their say so.
so what's stopping RBS from asking G&H to repay the loans? can you ask your friends that please?
and what's the main criteria for G&H in finding a buyer? MAXIMUM PROFIT... and in the mean time they will just siphon off the money that the club takes in... while happily waiting for their buyer when they can happily pocket their profit...
is that in the best interest of the club? NO
as we know G&H have almost put none of their own money into the club, nothing is in their name, the account that the loan is on have no money in it to pay the loan back (well apart from the intrest).
both G&H COULD PAY THE LOAN OFF WITH THEIR OWN MONEY IF THEY LIKED BUT THAT WOPULD NEVER HAPPEN.
What you must get in your mind now is that G&H HAVE NO CONTROL over the money the club makes now, they dont hold the books and can not use any of the clubs money.
the owners have never had the best intrest of the club in mind, it has always been how to make profit. Hicks did not tell GG the truth about how much money he was going to put into the club when he agrred to buy it with him, thats why they fell out.
the only thing the owners have control over now is the price the club is sold at, if RBS can push this can also be taken off of them.





