Reply To: Sharpe and Co Bid

Iron Bru Forums Blast Furnace Sharpe and Co Bid Reply To: Sharpe and Co Bid

#252990
cliffbyrnesrightpegCliff Byrne’s Right Peg
Participant
Offline
Registered On: October 17, 2015
Topics: 60

The focus seems to be on the “bargain” £3.5m for the lot. What if the ‘lot’ includes responsibility for the HMRC debt, the outstanding EFL loan and liability for a couple of months wages (previous Sharpe loan becomes non-repayable maybe?)
Would it look such a bargain then?

Tried labouring the point but don’t seem to be getting anywhere.

Additionally factor in that any planning that Swann thinks is of value is now diminished by falling house prices, rising material costs and 10% inflation too.