Zappa 0 Posted March 15, 2010 Share Posted March 15, 2010 Suprised to hear it is him alone. I was under the impression he did not have enough financial clout as an individual. That surprised me too Ally, particularly when quite a few people who are supposedly in the know said there were definitely others involved. It might only be Ellis involved in the purchase of Rangers shares but there could well be other investors involved in any subsequent property deals. Unfortunately the effective ownership of companies can be an exceedingly complicated arrangement. . None of us know how much money Ellis has, but I doubt very much that he's got anywhere remotely close to what's needed to pay off the approximate �£30m the newspapers have been rattling on about non stop unless he either has backers/partners or is somehow managing to borrow the money himself. Still very sceptical about the whole thing tbh. Can't see it happening at all. 0 Quote Link to post Share on other sites More sharing options...
Super_Ally 0 Posted March 15, 2010 Share Posted March 15, 2010 Thought most people had ignored that issue. Good to see that's not the case. Some info arround that would be comforting. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,578 Posted March 18, 2010 Share Posted March 18, 2010 Seems West Coast Capital, his main holding company for private equity investment, are behind the Ellis bid. Have a friend in the finance houses who was briefed at 9:15 this evening (he's a 20 year Copland Road blue nose, so couldn't wait to share). Reuben Brothers, not quite sure who they are, are involved also, I'm told Reuben and Hunter have previously worked with HBOS on certain deals, and this is apparently helping the final negotiation, given the Lloyds involvement now. Seems like the big man is coming to spend some of his money. Obviously this could be a lot of crap,however I thought I'd post it anyway. http://www.bbc.co.uk/dna/606/A65121716 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,230 Posted March 18, 2010 Author Share Posted March 18, 2010 Can't see Hunter being involved... 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,578 Posted March 18, 2010 Share Posted March 18, 2010 Can't see Hunter being involved... It would be nice if the Reuben brothers were involved though http://en.wikipedia.org/wiki/David_and_Simon_Reuben 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,230 Posted March 18, 2010 Author Share Posted March 18, 2010 There is philanthropy and there is throwing your money away... 0 Quote Link to post Share on other sites More sharing options...
OnlyOneAmoruso 0 Posted March 18, 2010 Share Posted March 18, 2010 All quiet again after a few murmurs. Calm before the storm? 0 Quote Link to post Share on other sites More sharing options...
Guest BRIANMC1 Posted March 18, 2010 Share Posted March 18, 2010 Rumour going round that Ellis is pulling out of Bid. Could just be Timmy mischief making. 0 Quote Link to post Share on other sites More sharing options...
OnlyOneAmoruso 0 Posted March 18, 2010 Share Posted March 18, 2010 Rumour going round that Ellis is pulling out of Bid. Could just be Timmy mischief making. Heard the same. Think it is just that mate. 0 Quote Link to post Share on other sites More sharing options...
Guest BRIANMC1 Posted March 18, 2010 Share Posted March 18, 2010 Heard the same. Think it is just that mate. I am still curious as to where the money is coming from. I don't want a frying pan into the Fire situation. We need someone with real cash for me. I hope there is more than just him involved. 0 Quote Link to post Share on other sites More sharing options...
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