Attention: Please take a moment to consider our terms and conditions before posting.
Options

we're forever blowing bubbles

GoonerhaterGoonerhater
edited October 2008 in Other Football and Sports
yes indeedy deedy while the bank in Iceland that your top boys has his dosh in sinks (sunk) you will be blowing bubbles. Even if they leave the money in the bank who is to say they can get at it easy oooooooooooooooo dear what a shame never mind ayyyyyyyyyyyyyyy.


So when that big bill for compo lands in a month or soooooo where is the dosh coming from ?
«1

Comments

  • Options
    Chris_from_SidcupChris_from_Sidcup
    [cite]Posted By: Goonerhater[/cite]
    So when that big bill for compo lands in a month or soooooo where is the dosh coming from ?


    Isn't that the reason why they sold Zamora, Pantsil, McCartney and Ferdinand.
  • Options
    GoonerhaterGoonerhater
    not if they put the dosh in that Icelandic bank it aint !
  • Options
    SaladSalad
    Icelandic companies have been told to sell lots of their foreign assets and bring the money home
  • Options
    queensland_addickqueensland_addick
    Oh no. That's dreadfull. Poor poor Whammers.
  • Options
    Weegie AddickWeegie Addick
    What comes around, goes around, eh - at least where their dodgy deals seem to be concerned...no sympathy for them since the Tevez debacle.
  • Options
    LenGloverLenGlover
    No more than they deserve after the disgusting way they treated Curbishley.
  • Options
    bingaddickbingaddick
    West Ham claimed today that they are unaffected by the Icelandic banking crisis. Maybe that is because the club is personally owned by the Banker bloke. On the other hand did he part with his own cash or cash leveraged from their Bank?
  • Options
    GoonerhaterGoonerhater
    oooooooooooooooooooooooo thats all right then like Northern Rock / Lehmans Brothers/ etc etc etc etc said.


    Jan transfer window will b f**ked who will let clubs take big money out of their accounts and who will sell without geting the readies up front ?
  • Options
    cafcpolocafcpolo
    Didn't it all change at West Ham with how they are owned / run? Hasn't Egghead taken a back seat & left it up to someone else? I could be talking complete bollox of course!
  • Options
    bingaddickbingaddick
    Egghead's gone mate. The major shareholder is an Icelandic Banker whose company, I believe, has just been nationalised.
  • Sponsored links:


  • Options
    SoundAsa£SoundAsa£
    [cite]Posted By: bingaddick[/cite]Egghead's gone mate. The major shareholder is an Icelandic Banker whose company, I believe, has just been nationalised.

    So the Icelandic government/people now own The Hammers?!?!?
  • Options
    F-BlockerF-Blocker
    edited October 2008
    Yeah, they're now the Icelandic national team! Hermann will be signin for them in January ;o)
  • Options
    nth_london_addicknth_london_addick
    edited October 2008
    just spoken to a pal of mine who had moved his money from banks here to that bank in iceland over 60% of all him and his wives money, everything they have worked for and saved hard for and they can not move a penny out and are not Guaranteed a penny will be coming back to them.

    very solid lovely family hard working honest and good people and the effect could be a catastrophey if they cant get their cash


    the real effect of this credit crunch is the people like them that in 10 years were looking to stop working and relax a bit now may have to change their whole future plans
  • Options
    LedgeLedge
    should have used there nous and put it in the post office or northern rock
  • Options
    bingaddickbingaddick
    [cite]Posted By: nth london addick[/cite]just spoken to a pal of mine who had moved his money from banks here to that bank in iceland over 60% of all him and his wives money, everything they have worked for and saved hard for and they can not move a penny out and are not Guaranteed a penny will be coming back to them.

    very solid lovely family hard working honest and good people and the effect could be a catastrophey if they cant get their cash


    the real effect of this credit crunch is the people like them that in 10 years were looking to stop working and relax a bit now may have to change their whole future plans

    It appears that there will be compensation upto £50K according to the BBC

    BBC Link
  • Options
    BadgerBadger
    No money available in january to sign any players.
  • Options
    nth_london_addicknth_london_addick
    thats the problem bing

    their savings are way above that he owns his own window firm and her old man had a few shillings and left them to her when he passed away 50k is nice but wont cover much of what they may loose
  • Options
    Athletico CharltonAthletico Charlton
    Only a couple of the West Hammers owners companies have gone bust so far, he has money all over the shop so may yet be ok. That said he is one of the main guys behind Bauger who own half the British HIgh Street so that can't be doing well either.

    As for compensation upto £50K, as the first £16K is guaranteed by the Icelandic Govt which itself is in trouble of going bancrupt people may only get back the bit between £16-50K!! - Icesave has savings totalling £4.5 bn. Iceland as a country had a GDP of £6-7bn and 300,000 people...where will ther govt get the money from?? Hope i am wrong.
  • Options
    pete_tong1pete_tong1
    'where will ther govt get the money from?? Hope i am wrong. '

    Russia.
  • Options
    Athletico CharltonAthletico Charlton
    Nope...the UK...just announced by Mr Darling...Iceland Govt have said they have no money to pay anyone so Mr Darling will be bailing everyone in the UK out.
  • Sponsored links:


  • Options
    MiserableoldgitMiserableoldgit
    And this money is coming from where ?
  • Options
    kinveachyaddickkinveachyaddick
    from us the taxpayers!
  • Options
    MiserableoldgitMiserableoldgit
    Thought so.
  • Options
    kinveachyaddickkinveachyaddick
    don't agree with it myself

    if you were greedy and fell for the unrealistic 7% interest these Icelandic banks were offering and you got your fingers burnt then I don't see why we should have to bail them out

    they knew the risks - or they should have researched them properly before shifting their cash over there
  • Options
    Kap10Kap10
    [cite]Posted By: LenGlover[/cite]No more than they deserve after the disgusting way they treated Curbishley.

    Yes but for Curbs it will be worrying because if hammers go to the wall he won't get any comp.
    [cite]It appears that there will be compensation upto £50K according to the BBC[/url]

    Although there maybe upto £50k comp for investors, is iot a £1 for £1 comp? Or will they only pay a certain number of penny's to the pound.
  • Options
    GoonerhaterGoonerhater
    The Gov in Iceland are asking all Icelandic companies who have assets abroad to sell them and put the money back into banks in Iceland ! Do f**k off would you ?on the other hand maybe it means Wet Spam are for sale ? mind you cant see that they are any sort of asset !
  • Options
    F-BlockerF-Blocker
    [cite]Posted By: valleyman[/cite]Nope...the UK...just announced by Mr Darling...Iceland Govt have said they have no money to pay anyone so Mr Darling will be bailing everyone in the UK out.
    [cite]Posted By: miserableold-ish git[/cite]And this money is coming from where ?
    [cite]Posted By: kinveachyaddick[/cite]from us the taxpayers!
    [cite]Posted By: Kap10[/cite]
    [cite]Posted By: LenGlover[/cite]No more than they deserve after the disgusting way they treated Curbishley.

    Yes but for Curbs it will be worrying because if hammers go to the wall he won't get any comp.
    [cite]It appears that there will be compensation upto £50K according to the BBC[/cite]
    [cite]

    Although there maybe upto £50k comp for investors, is iot a £1 for £1 comp? Or will they only pay a certain number of penny's to the pound.[/cite]

    The payouts will come from the Financial Services Compensation Scheme. This is paid for by levies on the banking industry. The £50k figure is a 1-for-1 thing.
  • Options
    bingaddickbingaddick
    The bailout agreed by the Chancellor is not limited to £50,000, it's a full value bailout.
  • Options
    nth_london_addicknth_london_addick
    How can it be serves you right for getting your fingers burnt FFS

    if you were buying shares and you get burnt fair point but if you are Investing YOUR money that YOU have worked for that OTHER people loose it is not fair, It is the same as robbery or being mugged
  • Options
    InspectorSandsInspectorSands
    Kaupthing has just been put into administration as well.

    nth london addick - shares go up and down, it's a gamble as well as an investment. Unfortunately, people were encouraged to think of them as a no-risk investment over the past 20 years.
Sign In or Register to comment.

Roland Out Forever!