Not substantial or with enough foundation to report it.

If you remember, said individual was shouting that people were interested in the club; when asked who, he simply said it was 'confidential'.

Greenwoods menswear? Didn't they go into administration?

Quick Google search shows they were bought out by the Chinese a few years ago - are we about to be bought out by a rich Far Eastern investor? I suppose we can dream.

As for Guilfoyle and his apparent honesty and openness... I don't know the guy and can't really comment on him as an individual. However Hood also seemed sincere and honest when he spoke at the fans forums or to the press and now look where we are (and again, I don't know Hood so I can't comment on him as an individual or person or the circumstances that have led the club to end up where we are now and that have still to be made public Whether that is due to bad judgement, bad luck or a bad economy) Whilst he has made the effort to meet with the fans and explain the situation which is definitely to his credit, he his also in a job where the ability to distance yourself from your feeling and hide your thoughts from others is a distinct advantage.

Well the guy (a director, I think) from Greenwoods confirmed once and for all that Hood and Duckett DID have a £1/2m prospective investment under negotiation, didn't he? For all those on here who were so adamant Hood was lying. He stated categorically - once he was finally allowed to have his say instead of being shouted down from the front - that he had been in discussions with Hood then with Duckett about a £/12m investment.

He said he knew for a certainty that there were TWO parties who had been interested in investing, who had been trying to talk to Guilfoyle since last Wednesday.

So unless you think the guy was lying, there I suggest is your confirmation that there WAS something behind the previous board's assertions?

I must admit, I found it distasteful and disappointing how certain people tried to shout the guy down and almost deride him. Then, when Guilfoyle asked him to say who he was, and why he felt in a position to make the statement he was, and he did, I wonder if those people felt pleased that they had tried to should down a guy seemingly looking to pay £1/2m?

The Greenwoods guy specifically mentioned their Chinese owners, yes. And I am assuming these were the Chinese gentlemen we saw as guests of the directors at Odsal earlier in the season. The ones we all said we hope they are potential investors.

The plot thickens.....

I think it was more the fact he kept interrupting Guilfoyle when he was trying to put his message across. He came across as nothing more than a heckler.

But yes, the man clearly said some things to suggest he was more than just a heckler.

Aaron, maybe he was struggling to understand why Guilfoyle kept saying there was nobody showing any interest, when he clearly had a strong view to the contrary?

I remember when you stated that, maybe there is some truth.

Could this be a defining day?

Maybe so, I agree with what you're saying don't get me wrong.

What probably annoyed most people, is that he seemed to be very proud of the fact he knew of two investors, but would not divulge into who they were when pushed by people.

Hey, if it turns out to be true I'll retract my statement. Kind of getting mixed messages, it seems to me that Aaron is saying that he was coy and wanted to keep things confidential and here you are saying that he identified himself and confirmed discussions. I dont know because I wasnt there.

Oh, he identified himself. It's just that he kept several cards close to his chest.

He was asked who these investors were after he'd banged on about them in front of everyone for ten minutes, only to reply that it was 'confidential'. Which only serves to infuriate people further, in my opinion.

So if we had 800k on the table only last week, and 500k from 'Greenwoods', whats the problem?

Me neither. Stood outside in the rain getting pìssed on.

But I managed it in the end, thanks to a very nice lady on reception

Did you show her your credentials?

www.itv.com/news/calendar/2012-0 ... goes-bust/

www.itv.com/news/calendar/2012-0 ... goes-bust/

Was this just another "Hood Forum" type meeting. A lot of talking, no-one leaves with any new info, just more frustration. Sounds like it to be honest, unfortunately.

Guilfoyle said the £800k was in the form of soft loans, NOT investment. Was that what people thought Mr Caisley was bringing?

Bear in mind though that we do not know how near or otherwise the Greenwoods deal was to being agreed before the Intervention, nor do we know if the due dilligence identified impediments or concerns, and nor do we know how likely investment would be now.

Something that has been really bugging me since the meeting: all the talk was of needing only a fairly modest amount to see out the season. A far cry from the £1.2m that was being talked about before. Then when someone asked about the £800k that was supposed to be already sitting there available, Guilfoyle said that was in the form of soft loans (I heard some folk express that it was "only loans"icon_wink.gif and that these "might be available still" to any supporter-owned investment vehicle.

???

We either needed that £800k or we did not.

If it "may" be available, but all the talk was of engineering a supporter-owned vehicle to invest in the club but not on the scale of £1.2m, then something does not stack up somewhere?

I hope someone who has been party to all this - there seemed to be quite a few at the front - can clarify, since I was quite confused as to just how much money WOULD be needed, and from whom?

Quote....
[iGuilfoyle, who was accompanied by sports lawyer David Hinchcliffe, a Bulls fan, told supporters he had been "dealt a very poor set of cards".[/i

David Hinchcliffe - quick Google shows his background.

Well I didnt know that, I can only go on what I hear and that was that potential investors would invest 800k if we could find 400k, so obviously he was talking bollox

What does he mean by soft loans? Loans from friends with no real commitment to pay back until we are able to?

The same thing's been bugging me - but from earlier in the day. In one of today's T&A articles it says "But with a tax bill of about £300,000 wiped out by going into administration, Mr Guilfoyle estimates it might cost any prospective new owner only about £500,000 to see the club through to the end of the season."

???

Surprise surprise, you couldn't write this

It's OK! "Having him as part of your team hugely increases your chance of success!"

Pretty sure he was involved in both administration periods at City. The first resulting cva lasted all of 2 years which isn't exactly a resounding recommendation of his abilities.

Correct.

David is a life long Northern / Bulls fan, but clearly has connections to the Caisley camp, but also huge experience in these sorts of messes.