Put your feet up and get a cup of Tea

[islaydarkblue]

Are there not assets owned by individuals who will also need their debts repaid. May be something that Islaydarkblue could comment on?

Hi BCram,
It is a long time since I posted on Dundee Mad but I could not resist passing a comment on your post.
John Gibson has finally admitted that all the assets that United previously owned have been sold off to various wealthy people to raise funds to keep them going.
The information is freely available in the Companies House website under The Dundee United Football Company Limited. Just click on charges and all the information is there to read.
The last time I looked it would cost about £10.5 Million to repay these charges and that is not including the supposed £1 Million that James Michael Martin is alleged to have handed over for Gussie Park.
The strange thing is that according to the Companies House website two people already held charges with negative equity pledges over Gussie Park before James Michael Martin came riding to the rescue with his purchase of Gussie Park.