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Topic Originator: wee eck
Date: Fri 4 Oct 14:51
From COWS :-
It is now several weeks since DAFC Fussball GmbH signalled their intention to seek new investors to take on the management and running of the football club.
This process is progressing at pace and the level of interest and calibre of potential investor is encouraging. Several groups have signed Non-Disclosure Agreements to allow them to carry out in-depth analysis of the opportunity.
We have to respect the confidentiality of these interested parties throughout this process, however, we do intend to update supporters further once we are in a position to do so as we are aware of how important this topic is to you.
It is important to note that DAFC Fussball GmbH, Dunfermline Athletic Football Club Ltd and Pars United CIC are working collaboratively on this process to ensure that any new investor is well positioned to build upon the strong foundations that are in place and to help realise the great potential of our club.
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Topic Originator: desparado
Date: Fri 4 Oct 15:08
Sounds encouraging…
What an opportunity we missed in 2014.
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Topic Originator: Buster_Brown
Date: Fri 4 Oct 15:39
It does sound encouraging. Some of them must like what they see after the initial enquiry but I`m also wary that others will probably just be tyre kickers
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Topic Originator: bannerpar
Date: Fri 4 Oct 16:32
While there is nothing set in stone in that statement it`s the most positive piece of news from the club this year.
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Topic Originator: Dafc96
Date: Fri 4 Oct 17:01
I think investment needs to be prioritised a bit more, yes I think investing in youth can only better us in the future, but short term invest where we need to, invest in the first team and get a team on the park that is going to get us where we want to be and this will attract youngsters who we can train from a young age, and if we keep them fine or sell them on then it’s win win.
Post Edited (Fri 04 Oct 17:01)
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Topic Originator: wee eck
Date: Fri 4 Oct 17:03
We need to get new owners on board first. It`ll be up to them how they spend their money.
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Topic Originator: Berkey
Date: Fri 4 Oct 17:21
Defo a positive, no idea on timescales but would be great to see new owners in by the end of the year, particularly if we needed to change things to stay up.
Given our league position it feels very much like nailing jelly to a wall in terms of what the club is actually worth.
The post below replying to me is by one of .nets finest champions of mediocrity!
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Topic Originator: da_no_1
Date: Fri 4 Oct 17:35
There`s only a few posters on this planet who could find a negative in this news.
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: TommyR
Date: Fri 4 Oct 17:44
When I win the euros tonight we`re going back to the premiership!
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Topic Originator: red-star-par
Date: Fri 4 Oct 18:16
Quote:
TommyR, Fri 4 Oct 17:44
When I win the euros tonight we`re going back to the premiership!
I actually just put a line on for that sole reason. I`m not that into money or material possessions but it would be good to have money to waste on The Pars
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Topic Originator: Alter Ego
Date: Fri 4 Oct 21:59
Stadium needs a lot of work with repairs.
Our training ground needs actual training facilities.
If I was a new investor I would wait untill all the deadwood players are released from their contracts at the end of the season.
BUT this would depend on if we stay in the Championship. Relegated and you are just throwing your money away.
Mon the Pars!
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Topic Originator: wee eck
Date: Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
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Topic Originator: saltonsgonagetu
Date: Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
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Topic Originator: wee eck
Date: Fri 4 Oct 23:34
Well some must be or they wouldn`t be carrying out due diligence. I`m surprised anyone invests in `provincial` Scottish football clubs but it happens all the time.
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Topic Originator: saltonsgonagetu
Date: Fri 4 Oct 23:36
Quote:
wee eck, Fri 4 Oct 23:34
Well some must be or they wouldn`t be carrying out due diligence. I`m surprised anyone invests in `provincial` Scottish football clubs but it happens all the time.
Ict seem to be struggling
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Topic Originator: da_no_1
Date: Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: PARrot
Date: Sat 5 Oct 06:42
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
I`m obviously not an accountant, but do some businesses not just need to either lose some cash, or pay tax on it?
Running a club like us reasonably efficiently could just be another opportunity to promote the existing company more than earn a wad from the football club.
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Topic Originator: cammypar 1995
Date: Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
c'mon the pars
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Topic Originator: da_no_1
Date: Sat 5 Oct 08:01
Happy Saturday!
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: SeasonedPar
Date: Sat 5 Oct 08:15
Due diligence goes 2 ways. The current board, not just GmbH, will also be checking potential investors. With the stadium being separate from the FC, and land designated by Fife Council as recreational, that should help to ensure serious bids. I’d guess it’ll be a group rather than an individual.
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Topic Originator: cammypar 1995
Date: Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
c'mon the pars
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Topic Originator: Kdy Par
Date: Sat 5 Oct 10:26
Quote:
cammypar 1995, Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
There are also plenty examples of good investors down South as well. Don’t understand why the starting point is always so negative on this site.
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Topic Originator: da_no_1
Date: Sat 5 Oct 10:34
Quote:
cammypar 1995, Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
Why the negative speculation? Maybe someone sees the pretty obvious potential in a club like ours. At this level we have a very strong, pretty loyal fan base. We have a stadium most clubs at our level would kill for. We have a large catchment area just waiting for someone to capture it. We also have the beginnings of a decent training facility if we continue to go down that path.
Try being positive. It`s infectious
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: ParfectXI
Date: Sat 5 Oct 11:24
Giovanni Di Stefano the convicted fraudster along with other crimes and one time owner of Dundee before liquidation was on X with a video ranting about the liquidation.
Someone though replied saying Dunfermline were available which got an “I know” from the man himself!
Are some people seriously that desperate? Or stupid? My god I’d rather have Trump investing than him and that’s saying something!
A message to McTeir- please stop touting this family club to criminals and very possibly a war criminal!
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Topic Originator: wee eck
Date: Sat 5 Oct 11:39
Who is `McTeir`?
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Topic Originator: NW 1966
Date: Sat 5 Oct 11:55
The absolute state of some of these posts. War criminals and Donald Trump hahaha.
I`m happy to let those responsible do their job and reserve judgement like I did when Gmbh Fussball took over.
I`m more concerned about this afternoons games and hopefully seeing a turn around on the pitch (difficult I know).
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Topic Originator: partake
Date: Sat 5 Oct 12:21
the accounts published at end of feb show debtors 192k as well as a further 880k due to creditors within the year.
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Topic Originator: buffy
Date: Sat 5 Oct 13:55
Quote:
NW 1966, Sat 5 Oct 11:55
The absolute state of some of these posts. War criminals and Donald Trump hahaha.
I`m happy to let those responsible do their job and reserve judgement like I did when Gmbh Fussball took over.
I`m more concerned about this afternoons games and hopefully seeing a turn around on the pitch (difficult I know).
It’s obvious some posters are taking the mick. Perhaps you need a sense of humour injection
”Buffy’s Buns are the finest in Fife”, J. Spence 2019”
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Topic Originator: cammypar 1995
Date: Sat 5 Oct 15:26
Quote:
da_no_1, Sat 5 Oct 10:34
Quote:
cammypar 1995, Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
Why the negative speculation? Maybe someone sees the pretty obvious potential in a club like ours. At this level we have a very strong, pretty loyal fan base. We have a stadium most clubs at our level would kill for. We have a large catchment area just waiting for someone to capture it. We also have the beginnings of a decent training facility if we continue to go down that path.
Try being positive. It`s infectious
Another insightful post from you. I`ve said my opinion and why I feel that way it`s usually what happens on forums. If I felt there was a positive id call it as such but when the club are losing large sums of money on a yearly basis and we are served with crap on a weekly basis then why say it`s all great. Throw glitter on sh*te it`s still sh*te
c'mon the pars
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Topic Originator: da_no_1
Date: Sat 5 Oct 15:31
Quote:
cammypar 1995, Sat 5 Oct 15:26
Quote:
da_no_1, Sat 5 Oct 10:34
Quote:
cammypar 1995, Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
Why the negative speculation? Maybe someone sees the pretty obvious potential in a club like ours. At this level we have a very strong, pretty loyal fan base. We have a stadium most clubs at our level would kill for. We have a large catchment area just waiting for someone to capture it. We also have the beginnings of a decent training facility if we continue to go down that path.
Try being positive. It`s infectious
Another insightful post from you. I`ve said my opinion and why I feel that way it`s usually what happens on forums. If I felt there was a positive id call it as such but when the club are losing large sums of money on a yearly basis and we are served with crap on a weekly basis then why say it`s all great. Throw glitter on sh*te it`s still sh*te
I thought my post gave an insight into my take on this news. So it was insightful. Thanks for noticing.
Clearly people that matter (ie not you) must think there`s something worth looking at, so that`s a positive. If we get new owners they`ll bring a fresh perspective on things and maybe bring out the best in what`s already at the club?
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: cammypar 1995
Date: Sat 5 Oct 15:44
Quote:
da_no_1, Sat 5 Oct 15:31
Quote:
cammypar 1995, Sat 5 Oct 15:26
Quote:
da_no_1, Sat 5 Oct 10:34
Quote:
cammypar 1995, Sat 5 Oct 10:15
Quote:
JamesAndrew74, Sat 5 Oct 09:50
Quote:
cammypar 1995, Sat 5 Oct 07:18
Quote:
da_no_1, Sat 5 Oct 00:07
Quote:
saltonsgonagetu, Fri 4 Oct 23:28
Quote:
wee eck, Fri 4 Oct 22:32
Who needs `due diligence` when we`ve got experts like you for free.
There must be a whole host of investors looking to throw money into a club that lost 1 million the last time they were in Division 1 .
Hope they`re more positive thinking than you anyway!
Not really wrong though. Why would you spend probably in the region of £2m to buy a club who have considerable losses the last few years ? Remembering you are inheriting the debt.
We don`t know who said investors are it might be the same bunch who have tried to buy umpteen English clubs and have been denied at every opportunity as they can`t pass the ownership test set out by the FA.
It might be guys who buy the club funded by bank loans and when he can`t offset them he sells us in a worse state than we are at present.
It`s good we have options although hard to make an accurate decision on the quality the options bring for the club without information on who they are. Obviously the club can`t give us this so it`s just a case of waiting to see.
You don’t inherit debt though as the club doesn’t have any. Losses aren’t debt, Germans investment covers the losses and provides working capital. Amazing how many people see losses as debt
Happy to stand corrected on that. Although principal is still similar the calibre of investors willing to invest in a club losing a substantial amount on an annual basis probably won`t be the saviour that most fans want. You have seen that in England lower league clubs struggling end up attracting the wrong kind of investors.
Why the negative speculation? Maybe someone sees the pretty obvious potential in a club like ours. At this level we have a very strong, pretty loyal fan base. We have a stadium most clubs at our level would kill for. We have a large catchment area just waiting for someone to capture it. We also have the beginnings of a decent training facility if we continue to go down that path.
Try being positive. It`s infectious
Another insightful post from you. I`ve said my opinion and why I feel that way it`s usually what happens on forums. If I felt there was a positive id call it as such but when the club are losing large sums of money on a yearly basis and we are served with crap on a weekly basis then why say it`s all great. Throw glitter on sh*te it`s still sh*te
I thought my post gave an insight into my take on this news. So it was insightful. Thanks for noticing.
Clearly people that matter (ie not you) must think there`s something worth looking at, so that`s a positive. If we get new owners they`ll bring a fresh perspective on things and maybe bring out the best in what`s already at the club?
Or maybe they won`t nobody can tell hence why I said at the end we will wait and see but you obviously missed that.
c'mon the pars
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Topic Originator: Indiapar
Date: Sat 5 Oct 15:59
The Caledonian Braves are a good example of how to seek investment in their club and putting in place a methodology to attract interest from around the globe. I am sure there will be no shortage in interest as its more about the potential of the club rather than its current operating model.
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Topic Originator: DBA
Date: Sat 5 Oct 16:05
Quote:
Indiapar, Sat 5 Oct 15:59
The Caledonian Braves are a good example of how to seek investment in their club and putting in place a methodology to attract interest from around the globe. I am sure there will be no shortage in interest as its more about the potential of the club rather than its current operating model.
I mean, I get it, but that`s hardly a setup for the Scottish Championship and to suggest so is quite bizarre.
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Topic Originator: da_no_1
Date: Sat 5 Oct 16:26
I give up. You win. It`s going to end in disaster.
"Some days will stay a 1000 years, some pass like the flash of a spark"
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Topic Originator: cammypar 1995
Date: Sat 5 Oct 16:38
Quote:
da_no_1, Sat 5 Oct 16:26
I give up. You win. It`s going to end in disaster.
Maybe learning to read full posts will stop you looking like a Muppet.
c'mon the pars
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Topic Originator: DBA
Date: Sat 5 Oct 16:42
Quote:
cammypar 1995, Sat 5 Oct 16:38
Quote:
da_no_1, Sat 5 Oct 16:26
I give up. You win. It`s going to end in disaster.
Maybe learning to read full posts will stop you looking like a Muppet.
I hope the irony isn`t lost...
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