Frankie 8,151 Posted April 1, 2015 Share Posted April 1, 2015 People seem to forget the guys who are arranging these contracts are highly successful businessmen who will pay more on a day's legal fees than most of us get paid in a year. Ergo, what appears to be dubious from the outside will undoubtedly be on the correct side of legal in the small print. I can't see us getting out of any of these onerous contracts: be it the retail stuff, loan securities, player loans, wi-fi, catering, stewarding or screen rental. Negotiation is perhaps as good as we'll do but that suggests a willingness of the other party to come to the table. How likely is that? 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted April 1, 2015 Share Posted April 1, 2015 People seem to forget the guys who are arranging these contracts are highly successful businessmen who will pay more on a day's legal fees than most of us get paid in a year. Ergo, what appears to be dubious from the outside will undoubtedly be on the correct side of legal in the small print. I can't see us getting out of any of these onerous contracts: be it the retail stuff, loan securities, player loans, wi-fi, catering, stewarding or screen rental. Negotiation is perhaps as good as we'll do but that suggests a willingness of the other party to come to the table. How likely is that? I've been saying similar, "see you in court" might sound simple enough especially when something is so obviously a stitch up but the legal reality of these things is a different matter. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 1, 2015 Share Posted April 1, 2015 Going to take a decade to recover from grenco 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,416 Posted April 1, 2015 Share Posted April 1, 2015 If two clubs/companies/people agree a deal then it's legal! 0 Quote Link to post Share on other sites More sharing options...
RabiDuck 89 Posted April 1, 2015 Share Posted April 1, 2015 If two clubs/companies/people agree a deal then it's legal! Not always the case. Refer to the Unfair Contract Terms Act (1977). If the terms of a contract are deemed to be unfair they can be challenged 0 Quote Link to post Share on other sites More sharing options...
gisabeer 409 Posted April 1, 2015 Share Posted April 1, 2015 The people who arranged these contracts had a duty to act in the best interests of every shareholder in the club. It is very clear that they did not. They have to be taken to task. They must not be allowed to get away with what amounts to down right thievery. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted April 1, 2015 Share Posted April 1, 2015 The people who arranged these contracts had a duty to act in the best interests of every shareholder in the club. It is very clear that they did not. They have to be taken to task. They must not be allowed to get away with what amounts to down right thievery. I think they have to act in the interests of the majority of shareholders....not every one of them It looks to me like they acted in the interests of a minority shareholder.....but if you throw in the Easdale block that would have made it 35% at the time. Would we have to prove that the rest of the shareholders were against it.?....that might be difficult 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted April 1, 2015 Share Posted April 1, 2015 difficult but not impossible 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,416 Posted April 1, 2015 Share Posted April 1, 2015 Not always the case. Refer to the Unfair Contract Terms Act (1977). If the terms of a contract are deemed to be unfair they can be challenged Cheers,I'm unaware of that,although these reptiles are sure to have all the dodgy deals water tight!. 0 Quote Link to post Share on other sites More sharing options...
compo 6,141 Posted April 1, 2015 Share Posted April 1, 2015 What other surprises await the new board makes me wonder . 0 Quote Link to post Share on other sites More sharing options...
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