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Thread: South Africans

  1. #41
    Quote Originally Posted by NottsOnTheUp View Post
    Tried to make some sense of this.

    It appears that there is a ‘Negative Pledge’ clause (not sure what this is or means but if you google it, it makes interesting reading - I think it’s to protect the money you are lending).

    Sounds like the sort of thing you would do when making a purchase in circumstances like at Notts! I think you might be on to something!
    It's to stop you pledging the same assets over , and over , again to different lenders

  2. #42
    Join Date
    Mar 2008
    Posts
    5,729
    I doubt it Arabian as AH doesn't hold the aces he is desperate to sell and the more groups/investors involved the better for him.

    Its a case of wait and see now we really need to know by Wednesday as if I expect we wont then we cant sign any players and it pretty much puts us on minus points before a ball is kicked.

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