Where’s the money gone?

[baggieal]

Pick the bones out of that reply AL! 🤣🤣🤣

So ‘borrowing’ 5 Million and then devaluing the company that borrowed the money by 24.9 Million such that it’s assets are valued at 2% of the value of the loan is perfectly fine? Nope, if it’s been done on purpose then that’s embezzlement mate, can’t see this as anything but dodgy. Yes it’s hard to prove but I’m calling a spade a spade here.

Not illegal Dave unless a business is operating insolvent but no responsible owner/director would take out millions from a business to prop up another business and leave the debt sitting in the loan account. You can’t use a limited company as a cash cow as it’s negligence and putting two fingers up at the shareholders! Dodgy as f uck!! Wouldn’t surprise me if the Stadium gets transferred into one of other Lai’s companies like Norris at Derby!

Can you imagine Ashley taking 6 million out of one of his companies? Lai has no cash which is evident and assets are only good if you can sell them at the going rate. Lai paid 180 million for West Brom and it’s not worth 100 million - that’s the crux of the problem!!