The trust knows when the CLN will be converted (probably a lie)

[Chief]

But isn't informing its members (apparently).

Quite the departure from the narrative that conversion would happen once the trust case was settled.

Or that it was happening a fortnight ago when the new shares were issued.

:lol:

 

[Uxy]

What's the rush? It's only been two years.

I hope the Downes deal means there won't be further loans this window.

 

[Essex swan]

With the trusts performance over the last few months some people will believe that the board was either incredibly naïve and stupid or just plain corrupt. Allegedly.

 

[Chief]

With the trusts performance over the last few months some people will believe that the board was either incredibly naïve and stupid or just plain corrupt. Allegedly.

They should certainly have got more concrete promises about the conversion as part of the deal they signed. As it stands its probably not in their interest to convert unless we're promoted, at which point it seems they could own shares in a Premier league club that they'll have bought at championship prices.

While we're in the championship though Silverstein is still getting interest, his loans has gained him a directorship and his involvement has probably earned him some sort of brokers fee for acting as a go between for the Americans and trust. So he's doing alright and has no rush to convert in my opinion.

 

[NeathJack]

But isn't informing its members (apparently).

Quite the departure from the narrative that conversion would happen once the trust case was settled.

Or that it was happening a fortnight ago when the new shares were issued.

:lol:

Where has this come from?

 

[Chief]

But isn't informing its members (apparently).

Quite the departure from the narrative that conversion would happen once the trust case was settled.

Or that it was happening a fortnight ago when the new shares were issued.

:lol:

Where has this come from?

The resident sellout apologist and class clown on another forum.