JD
One thing that is not clear to me is were TS funds the Nix ... or what companies have been used to fund the Nix ... and importantly how the funding has been structured...
I must confess to only having limited Knowledge of TS companies and their financial position... But what I can say for certain is this...
1} Once a company is in either receivership or under administration... then it is the receiver or adminsrator who makes the calls on were money will go..
2} Has the funding to the Nix been by way of loan from TS companies or capital injections or donations...
Two issues could occur if past funding has been by way of loans, first this this money will be called by those running TS companies ... the other is if the income making businesses are not controlled by TS how can he fund future business needs...
Sorry in advance for stating the obvious but I have no idea how TS has funded the club and what he has used as his funding vehicle...
JD ... any idea on these two issues...
JD
One thing that is not clear to me is were TS funds the Nix ... or what companies have been used to fund the Nix ... and importantly how the funding has been structured...
I must confess to only having limited Knowledge of TS companies and their financial position... But what I can say for certain is this...
1} Once a company is in either receivership or under administration... then it is the receiver or adminsrator who makes the calls on were money will go..
2} Has the funding to the Nix been by way of loan from TS companies or capital injections or donations...
Two issues could occur if past funding has been by way of loans, first this this money will be called by those running TS companies ... the other is if the income making businesses are not controlled by TS how can he fund future business needs...
Sorry in advance for stating the obvious but I have no idea how TS has funded the club and what he has used as his funding vehicle...
JD ... any idea on these two issues...