if we did not take the piss out of ourselves we might cry here is a new update from HTFC-world.com http://t.co/Q4F4nJXTaster
Dubai-based GFH Capital is in exclusive talks to buy Leeds, which it estimates has a market value of around 52 million pounds. But GFH group had more than a quarter of a billion dollars of accumulated losses and less than $6 million in cash at the end of June.An internal Gulf Finance House (GFH) project assessment document of 2010 seen by Reuters and verified by four former insiders showed that by September 2009, GFH and Abu Dhabi Investment House (ADIH), run by GFH founder Esam Janahi's brother Rashad, had jointly raised $1.1 billion from investors to build an economic development zone in Mumbai.But more than half was extracted in fees and commissions to GFH, ADIH and others before work was even begun, against the 1 or 2 percent management fee typically paid to fund managers, who might then charge a 20 percent performance fee on profits returned to investors. The same pattern is seen in at least five other projects, further 2010 project assessment documents show.After losing more than a billion dollars over 2009 and 2010, the group reported a profit of just $381,000 in 2011 - less than a month's pay for a top English Premier League player - after slashing staff costs and cancelling staff bonuses already accounted for in previous financial statements.
What a farce in Poland
I bet you a quid its under 100K (euro's)
Tonbridge Angels' Mikel Suarez remains in intensive care after sustaining a serious head injury during Saturday's game at Farnborough.The striker clashed heads with team-mate Lee Browning during the second-half of the 4-1 defeat. He initially walked off the field of play, but was taken to hospital and has remained under observation since.
fair play to Jason Roberts.He has come out and said its a joke. He could not blast the FA or he would end up with fine and bans etc. So he is showing his disgust a different way.
