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> Alabi Tribunal
The Annexe
post Feb 16 2018, 01:12 PM
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Reported that tribunal has decided fee for Alabi to be 22.5K with 15% sell on clause.


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billy whiz
post Feb 16 2018, 04:22 PM
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QUOTE (The Annexe @ Feb 16 2018, 01:12 PM) *
Reported that tribunal has decided fee for Alabi to be 22.5K with 15% sell on clause.

So how long have they got to pay us? or are they skint too! rolleyes.gif
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EltonblueS
post Feb 17 2018, 07:17 AM
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QUOTE (billy whiz @ Feb 16 2018, 04:22 PM) *
QUOTE (The Annexe @ Feb 16 2018, 01:12 PM) *
Reported that tribunal has decided fee for Alabi to be 22.5K with 15% sell on clause.

So how long have they got to pay us? or are they skint too! rolleyes.gif


think we have already had some of it, but a fair fee in the end, MM should take some credit for this.
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JamesDee
post Feb 17 2018, 08:34 AM
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QUOTE (The Annexe @ Feb 16 2018, 11:42 PM) *
Reported that tribunal has decided fee for Alabi to be 22.5K with 15% sell on clause.


I understand that some money has already been paid over to us but was an amount estimated for the lAlabi payment made earlier when the accountants figured out that we needed the 50,000 immediately to save the club or is this Alabi amount less what's already paid some extra money over and above the required 50,000 we needed? It would be good if it was, ie a drop of good!
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EltonblueS
post Feb 17 2018, 09:53 AM
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QUOTE (JamesDee @ Feb 17 2018, 08:34 AM) *
QUOTE (The Annexe @ Feb 16 2018, 11:42 PM) *
Reported that tribunal has decided fee for Alabi to be 22.5K with 15% sell on clause.


I understand that some money has already been paid over to us but was an amount estimated for the lAlabi payment made earlier when the accountants figured out that we needed the 50,000 immediately to save the club or is this Alabi amount less what's already paid some extra money over and above the required 50,000 we needed? It would be good if it was, ie a drop of good!



good point that did the estimated 50k needed account for the Alibi money or not ?
however I would say that we need every penny we can get at the moment so I hope the fund raising effort doesn't stop, lets get some money in the kitty and regroup
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