The whole time Delia has been here, she said she invested 9m and described it

as setting fire to it and it going

From there down the years people have always pondered "isn't Delia worth about 50m? Couldn't she just give us 10m, she'd still be left with 40m"

Well he's the sugar daddy, offering 20m for a club, that's easily worth twice that, and he's a bit reluctant to throw this months pocket money at us now

That's a bit worrying to me, fan or no fan

Fans bought shares knowing they didn't get a return. I wonder how many Cullum bought

Posted By: pants on July 1st 2008 at 11:23:00

Message Thread

Lets get this Cullum thing straight - ?56M is worst case..... (NCFC) - Kirrie, Jul 1, 11:05:42
- I doubt he would have to clear the debt (n/m) (NCFC) - Jim, Jul 1, 11:25:06
  - Its a simple refinance for a man of his net worth. (n/m) (NCFC) - usacanary, Jul 1, 11:34:39
    - he will probably refinance all 4 million of loans to directors too (NCFC) - phrankin, Jul 1, 11:50:41
- The thing that gets to me about all this (NCFC) - pants, Jul 1, 11:06:48
  - Lets say he only get ?10M instead of ?20M.......... (NCFC) - Kirrie, Jul 1, 11:11:44
  - how do you know? (n/m) (NCFC) - Rofl_Harris, Jul 1, 11:09:48
    - pants= half empty (n/m) (NCFC) - TheHoolahanElement, Jul 1, 11:11:49
      - Being realistic, in an new age where football clubs are being asset stripped, shut down (NCFC) - pants, Jul 1, 11:13:13
        
        LOL the irony................... (NCFC) - usacanary, Jul 1, 11:25:00
        
        This is worrying... (NCFC) - TheHoolahanElement, Jul 1, 11:18:21
        
        The whole time Delia has been here, she said she invested 9m and described it (NCFC) - pants, Jul 1, 11:23:00
        
        and she will be getting 10 million back on shares and 1.5 million loan (NCFC) - phrankin, Jul 1, 11:46:20
        
        How much did St. Delia pay for the NCFC shares in the first place. Not 20 Million ! (NCFC) - Army Boy, Jul 1, 11:40:09
        
        I think that's the jist I'm making though (NCFC) - pants, Jul 1, 11:47:38
  - Thanks for clarifying that (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:07:55
- Why would he clear the debt? (NCFC) - Holden Caulfield, Jul 1, 11:06:27
  - The bank may have made it a condition of the loan if the club changes hands! (n/m) (NCFC) - Kirrie, Jul 1, 11:12:58
    - Then he would refinance it elsewhere (NCFC) - Holden Caulfield, Jul 1, 11:14:09
      - Depends...... (NCFC) - Johnny Comecardiff, Jul 1, 11:34:03
        
        You refinance then write down if you get to the............. (NCFC) - usacanary, Jul 1, 11:35:56
        
        ANd Mr Cullum, being the in the top 40 richest people in the UK (NCFC) - phrankin, Jul 1, 11:43:35
      - Of course he could, i was talking worst case - it depends... (NCFC) - Kirrie, Jul 1, 11:33:54
  - He could do either, it depends on the terms negiotated by and with the bank! (n/m) (NCFC) - Kirrie, Jul 1, 11:07:56

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