Gillet thread

[Guest Kev]

[IgPig]

Are we doing puns again?

 

Alright then.

 

"He's obviously a sharp business man to gazump the arabs at the last minute"

[ricflairandy]

Well hes been bankrupt more times than , erm, someone whos been bankcrupt alot.

 

Needless to say, im not happy

[Boca]

Kev and razors in the one thread

[Bald Devil]

Hope he can razor few quid for transfers.

[Guest Kev]

Kev and razors in the one thread

 

Got to keep my head shiny shiny

[IgPig]

Well hes been bankrupt more times than , erm, someone whos been bankcrupt alot.

 

Needless to say, im not happy

 

 

Is once a lot?

 

Wiki.

[boohog]

Well hes been bankrupt more times than , erm, someone whos been bankcrupt alot.

 

Needless to say, im not happy

 

Richard Branson has been bankrupt. Is he a bad businessman?

[lazyhazysparky]

Anybody who buys and runs a Holiday Resort called 'Beaver Creek' deserves a place on our Board.

 

What sort of Goalkeeping course could Parry goto there???

 

[ricflairandy]

Is once a lot?

 

Wiki.

 

 

I thought it was twice, im sure that info is wrong.

 

Even if not, once is still far too much of a risk

[Rushian]

 

stop nicking my lines

 

http://blog.redandwhitekop.com/2007/01/31/...-a-man-can-get/

[IgPig]

I thought it was twice, im sure that info is wrong.

 

Even if not, once is still far too much of a risk

 

 

I'd refer you back to Boohog's post.

 

 

http://blog.redandwhitekop.com/2007/01/31/...-a-man-can-get/

 

A sensible and considered response. Who'd have thought it possible?

Edited February 1, 2007 by Post Kuytal Glow

[Boca]

Got to keep my head shiny shiny

 

I think we all know there is no need for a razor for that

[Gunga Din]

Gillet cuts DIC off

[Big E]

Does this mean we'll have Neil Ruddock as manager? or fitness coach

 

I actually think that if/when this happens, the merging of LFC with his business acumen and track record, could make us a very potent force. You could even say we had

 

[johngibo YPC]

stop nicking my lines

 

http://blog.redandwhitekop.com/2007/01/31/...-a-man-can-get/

 

that blog is far too sensible. What am i going to tell the angry mob i have just assembled?

[McBain]

I'm livid

 

Foaming at the chin infact

[Big E]

it's all a bit of a pa-lather of you ask me

[richt71]

it's all a bit of a pa-lather of you ask me

 

Don't know much about the guy but this is from forbes website on NHL owners.

 

'Another benefit of the salary cap is the ability some team owners have to leverage their arena. Earlier this year, George Gillett, who bought the Montreal Canadiens and the Bell Centre for $181 million in 2001, borrowed $240 million (most of which was secured by the arena). The financing allowed Gillett to pay himself a $72 million dividend.'

 

http://www.forbes.com/business/2006/11/09/...09nhlintro.html

 

Oh that makes me feel much happier...not!

 

 

Don't know much about the guy but this is from forbes website on NHL owners.

 

'Another benefit of the salary cap is the ability some team owners have to leverage their arena. Earlier this year, George Gillett, who bought the Montreal Canadiens and the Bell Centre for $181 million in 2001, borrowed $240 million (most of which was secured by the arena). The financing allowed Gillett to pay himself a $72 million dividend.'

 

http://www.forbes.com/business/2006/11/09/...09nhlintro.html

 

Oh that makes me feel much happier...not!

 

and some more:-

 

Hockey can be more about real estate than Stanley Cups. George Gillett, who owns the Montreal Canadiens and the Bell Centre, leveraged his building this summer when he borrowed $240 million in part to pay himself a $72 million dividend. Gillett used the Bell Centre to secure the loan. The Bell Centre cost $190 million to build and opened in 1996. The huge, unprecedented dividend guarantees Gillett a large return on the $181 million he paid for 80% of the team and 100% of the arena in 2001.

 

http://www.forbes.com/lists/2006/31/biz_06...ens_314528.html

[ManxRed]

So he's only been bankrupt once, and not twice, and that's OK?

 

Phew, that was a close shave.