-
Club Statement on Insurance Claim
-
Re: Club Statement on Insurance Claim
Implies Miller Insurance Services LLP have paid up something. Enough to satisfy Vincent Tan.
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
Madlock
Are they a big operation? Looking on companies house but don’t understand
-
Re: Club Statement on Insurance Claim
I've been typing and deleting since seeing this.
Intreguing but I have absolutely no idea what the likely settlement would be and I would cast doubt on anyone that says they do.
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
WJ99mobile
I've been typing and deleting since seeing this.
Intreguing but I have absolutely no idea what the likely settlement would be and I would cast doubt on anyone that says they do.
Oh come on, some fan leaders will know :sherlock:
-
Re: Club Statement on Insurance Claim
Very interesting. Suggests Miller (or their legal advisors) thought they weren't entirely blameless at least.
Shame they haven't said how much the settlement is.
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
ninian opinian
Oh come on, some fan leaders will know :sherlock:
Someone will pluck a figure midway between zero and our claim (whatever that was?) and claim to be ITK.
Good news whatever it was, and I guess it justifies the club pursuing a claim.
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
Undercoverinwurzelland
Very interesting. Suggests Miller (or their legal advisors) thought they weren't entirely blameless at least.
Shame they haven't said how much the settlement is.
I would imagine it would have to be shown in the accounts wouldn't it?
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
WJ99mobile
I would imagine it would have to be shown in the accounts wouldn't it?
Good point
-
Re: Club Statement on Insurance Claim
Something for Keith and the Trust to get their teeth into, hopefully.
-
Re: Club Statement on Insurance Claim
Wont it show eventually in the accounts?
-
Re: Club Statement on Insurance Claim
We will no doubt find out when accounts come in, but undoubtedly good news for City.
Dont think legal action over yet. Nantes and agents still not settled.
-
Re: Club Statement on Insurance Claim
If there is already a provision in the accounts for this, then isn't it just a case of removing the provision with an accompanying note to say why? I doubt the actual settlement figure would show, in either ours or Millers' accounts.
-
Re: Club Statement on Insurance Claim
Looks like Tans legal team have finally got it sorted out with the insurance company.
Now they need to go after Nantes crooked owner (Kita), and the agent that brokered the deal.
-
Re: Club Statement on Insurance Claim
If it's a sizeable settlement to Cardiff it will be interesting to see if the other actions are withdrawn as any insurance settlement will decrease the value of claim made in those actions.
-
Re: Club Statement on Insurance Claim
Paul Abbandonato describing it on twitter as "a very large sum"
https://twitter.com/PaulAbbandonato/...04906245661165
-
Re: Club Statement on Insurance Claim
Looks like the club had a very strong case for this to be settled and the broker had a liability.
Interesting and has to be good news. Shame it’s cost us three windows.
-
Re: Club Statement on Insurance Claim
Probably £1 so Vincent can claim a “settlement” and a moral victory
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
Grangenders
Probably £1 so Vincent can claim a “settlement” and a moral victory
You really are a dickhead
-
Re: Club Statement on Insurance Claim
The company paying up seems to suggest he WAS our player. That may add weight to outside agencies interfering in the transport arrangements? Who knows?
-
Re: Club Statement on Insurance Claim
I would guess it was paid in full when it became clear that the insurance co was trying to wriggle out of it….that’s what insurance co do.
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
Madlock
Something for Keith and the Trust to get their teeth into, hopefully.
We sent a note out to our members this evening but it is not possible to say how much the settlement figure was as only the club senior officials and the brokers (plus both sides` lawyers) know the actual figure as it is confidential between the parties. If anyone quotes a figure other than those parties they are either guessing or just pretending to be ITK.
What is clear is that any money received benefits the club`s accounts and that pursuing the matter was the right thing to do.
Keith
-
Re: Club Statement on Insurance Claim
Quote:
Originally Posted by
Ninian1962
We sent a note out to our members this evening but it is not possible to say how much the settlement figure was as only the club senior officials and the brokers (plus both sides` lawyers) know the actual figure as it is confidential between the parties. If anyone quotes a figure other than those parties they are either guessing or just pretending to be ITK.
What is clear is that any money received benefits the club`s accounts and that pursuing the matter was the right thing to do.
Keith
I’ve just read the Trust note, thanks Keith. Another step in the right direction. Hopefully further litigation is resolved swiftly, and we can move on while honouring Emiliano’s memory.
-
Re: Club Statement on Insurance Claim
-
Re: Club Statement on Insurance Claim
Definitely good news, with money available in January (if needed). Must run into several millions.