PE firm linked to Superleague wound up !

[Davo5]

Lucky escape ?

https://bit.ly/3jfRDPE

[Futtocks]

A wise decision to steer clear.

[THE RED ROOSTER]

Full six days old story - Rum company indeed...

https://news.sky.com/story/pegasus-spyware-owner-novalpina-to-be-liquidated-after-failure-to-resolve-internal-bust-up-12365638

[Oxford]

21 minutes ago, THE RED ROOSTER said:

Full six days old story - Rum company indeed...

https://news.sky.com/story/pegasus-spyware-owner-novalpina-to-be-liquidated-after-failure-to-resolve-internal-bust-up-12365638

I think more companies are rum than aren't but this is rummer than most apart from the Enron type.

[Hela Wigmen]

Heh. I wonder if people who lambasted clubs for refusing this proposal will be on here eating a slice of humble pie?

[Damien]

56 minutes ago, Hela Wigmen said:

Heh. I wonder if people who lambasted clubs for refusing this proposal will be on here eating a slice of humble pie?

To be fair it was one of those rare times when the vast majority on here were against it. I do remember one particular poster with a great fondness of PE though.....

[fighting irish]

2 minutes ago, Damien said:

To be fair it was one of those rare times when the vast majority on here were against it. I do remember one particular poster with a great fondness of PE though.....

Pray tell? 

[Futtocks]

1 hour ago, THE RED ROOSTER said:

Full six days old story - Rum company indeed...

https://news.sky.com/story/pegasus-spyware-owner-novalpina-to-be-liquidated-after-failure-to-resolve-internal-bust-up-12365638

I didn't realise they were involved in the Pegasus story that's been in the news recently.

[Skids]

A business like the RFL, where most people involved (supporter, offical, player etc), would like it to continue in perpetuity, should never go near PE firms. 

 

[lucky 7]

Another example as to why Robert Elstone was a complete waste of money

[GUBRATS]

Yes , but , if they'd stumped up fifty mill and then gone bust , we wouldn't have had to pay it back

[Damien]

10 minutes ago, GUBRATS said:

Yes , but , if they'd stumped up fifty mill and then gone bust , we wouldn't have had to pay it back

We'd have just been saddled with the loan they took out to do that instead.

[GUBRATS]

3 minutes ago, Damien said:

We'd have just been saddled with the loan they took out to do that instead.

Aah , mmmm , yes , that's how things are done these days isn't it ?

[Futtocks]

7 minutes ago, GUBRATS said:

Aah , mmmm , yes , that's how things are done these days isn't it ?

What we should have done is have the money paid into an account with the name "A.B.de P.Johnson" and nobody would ever ask for it to be repaid.

[Angelic Cynic]

It is probable that they have gone out of business prior to the Super League clubs paying the money to Rothschild Bank for arranging the meeting.

https://inews.co.uk/sport/rugby-league/super-league-investment-novalpina-capital-robert-elstone-845530

Only in rugby league.Continuing to lurch from crisis to crisis...While losing money,needlessly.