20 million gone missing
- Thread starter rumjocky
- Start date
moonay
Vital Football Legend
Is this an assumption, a calculation, an analytical conclusion, a scoop or a guess Rumjocky?The owners have cleend us out 20 mill gone from latics account Gangsters
rumjocky
Vital Reserves Team
Sumthig to do with Hong Kong and all that shit.
moonay
Vital Football Legend
Yeah ......... but where've you got the information from .......... or how did you work it out?
rumjocky
Vital Reserves Team
Was asked not to say . China stopping all Mony movements to Britain
TRUE BELIEVER
Vital Football Hero
Not doubting your info, but I don't see why the club would call in the administrators if this is the case. Surely they would have found someone to fund us to the end of the season to avoid the 12 point deduction.
moonay
Vital Football Legend
Sorry mate ......... but it doesn't sound reet.
NorthernSoul
Vital Reserves Team
That's the thing, the club didn't apply for adminstration, there was no need to enter administration, all bills paid for and not many sides have smaller debts in the Championship.
Owners done it behind everyones back, it has come as a complete shock to everyone. The administrators have claimed that they are unable to contact him.
He's done a complete runner.
rumjocky
Vital Reserves Team
That's what I was told dun one with the money ,
Made in Wigan
Vital Champions League
Hadn’t heard they couldn’t contact the ****.
It’s beginning to sound more like a criminal matter by the hour. Who are our current board members, does anyone know?
TRUE BELIEVER
Vital Football Hero
Sorry mate, just doesn't make sense. Why would he do a runner with the money and then as Northern Souls says call in the administrators behind the clubs back.
Can't believe that.
moonay
Vital Football Legend
I think what he's done is ensure that his company (IEC) are first in line to get their £24m back as prime creditor ............. that doesn't mean any money's gone missing.
He's done one, and set things up (with the sale) to make sure he'll get his money back.
walgarthjohn
Vital 1st Team Regular
Simple facts are they can’t get money out of Hong Kong so we was there outlet. Now that’s gone pulled the plug.
TRUE BELIEVER
Vital Football Hero
Once again sorry John, your post doesn't make sense. If the idea was to get money out of Hong Kong why would they pull the plug. Hong Kong investors are active in all parts of business, hence they have a stock exchange, as China does, therefore they can move money out to legitimate business concerns. To pull the plug denies them that outlet.
NorthernSoul
Vital Reserves Team
Yeah was on the news, they were trying to get information but have not had a response.
Totally agree, got to be a criminal investigation started. Also there has to be an investigation in the EFL, how can you allow a club to be taken over with someone has no money and has simply taken a loan out at shockingly high interest rates.
Has to be an investigation, this must be a case for fraud? As for his 24 million, he won't get it back because we can't raise amount of money and no prospective buyer will pay a 24 million loan plus the regular bills/wages to take the club on.
I'm hoping the reason the club haven't released a statement yet is because they are in consultation with the police to establish whether a case is to be had or not.
NorthernSoul
Vital Reserves Team
Hang on, if Choi bought it with his new company on 4th June, whilst remaining as the majority owner. How was the new guy on the 24th June, allowed to suddenly become majority owner of 75% with no checks taking place?
walgarthjohn
Vital 1st Team Regular
We have been used. These men never ever had A clue about football. Or more to the point. Give a toss about us
N"Zogbia's fan club
Vital Squad Member
https://beta.companieshouse.gov.uk/company/00270043/officers
Who are those that resigned & why?
Above info freely available on the web.
Who are those that resigned & why?
Above info freely available on the web.
