Southampton leisure holdings

[souths1]

Finally gets wound up on May 23rd, our fishy friends are going to have a field day once the details are released.

[Dirtyweasel]

Is it the fish equivalent of catnip?

[souths1]

Yep

From what I can work out admin fees a tad under A£100k (A£227 p/h)
A£5.5m owed to unsecured creditors, who will receive zero pence in the pound.

[Southerndown]

5.5m owed to unsecured creditors, who will receive zero pence in the pound.

Could someone please help explain this bit please?

[BileysThere]

5.5m owed to unsecured creditors, who will receive zero pence in the pound.

Could someone please help explain this bit please?[/quote]

It ain't cheating! Honestly guv it wan't us.

[kernow]

Yep

From what I can work out admin fees a tad under AA£100k (AA£227 p/h)
AA£5.5m owed to unsecured creditors, who will receive zero pence in the pound.

Don't use the word often but this is hateful ! :/

[Dirtyweasel]

Yep

From what I can work out admin fees a tad under AA£100k (AA£227 p/h)
AA£5.5m owed to unsecured creditors, who will receive zero pence in the pound.

Are you an official shareholder of SLH then Souths?

[souths1]

Yep

From what I can work out admin fees a tad under AAA?100k (AAA?227 p/h)
AAA?5.5m owed to unsecured creditors, who will receive zero pence in the pound.

Are you an official shareholder of SLH then Souths?[/quote]

Was, only a small share.

[Dirtyweasel]

So this affects both creditors and shareholders?

[kernow]

I'm guessing both lost out !?