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Topic Originator: maradona86
Date: Tue 17 Feb 12:28
From The Courier,
Dunfermline Athletic owner James Bord is reportedly being sued by a former business partner over his investment in Spanish club Cordoba.
According to an article in the Times, Canadian poker player Jonathan Cohen has lodged a legal complaint against his former business associate and friend, Bord, in Nevada, USA.
Cohen has alleged that Bord assured him Cordoba, who are part-owned by the Pars chief, were debt free when he made his investment in 2024, when they were actually “around $23 million in debt”.
That is just one of seven reported claims Cohen has made against Bord which the Times say include “fraudulent inducement,” “unjust enrichment” and a “breach of confidence”.
A spokesperson for Bord has responded to the story, saying: “This is a deeply upsetting matter for James, who has over the past few years helped and supported Jonathan financially and personally, and has long considered him a friend.
“Due to this now being subject to legal proceedings in the US, we can offer no further comment.”
News of the legal dispute was broken against the background of Bord’s ongoing bid to take ownership at Sheffield Wednesday.
The Dunfermline custodian’s three-man consortium, which also includes a German AI entrepreneur and a Jordanian royal, was named as the “preferred bidder” for Wednesday by the club’s administrator, Begbies Traynor, on Christmas Eve.
The EFL has yet to confirm whether the takeover will be given the go-ahead.
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Topic Originator: TrancePar
Date: Tue 17 Feb 14:07
Should we be worried as pars fans?
Life is made of small moments like these
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Topic Originator: Parsweep
Date: Tue 17 Feb 14:09
Quote:
TrancePar, Tue 17 Feb 14:07
Should we be worried as pars fans?
As Pars fans , we`re permanently worried😟
Bobvo
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Topic Originator: Dave_1885
Date: Tue 17 Feb 14:54
Despite all of this he is still named as the preferred bidder for Sheff Weds by the administrators.
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Topic Originator: Hunter78
Date: Tue 17 Feb 15:03
Quote:
Dave_1885, Tue 17 Feb 14:54
Despite all of this he is still named as the preferred bidder for Sheff Weds by the administrators.
Not despite all of this. He was named preferred bidder in advance of this.
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Topic Originator: Dave_1885
Date: Tue 17 Feb 15:22
Quote:
Hunter78, Tue 17 Feb 15:03
Quote:
Dave_1885, Tue 17 Feb 14:54
Despite all of this he is still named as the preferred bidder for Sheff Weds by the administrators.
Not despite all of this. He was named preferred bidder in advance of this.
Which they have stated he is still preferred bidder today after this came to light yesterday.
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Topic Originator: Malcolm Canmore
Date: Tue 17 Feb 15:24
If you worried every time a lawsuit was filed in USA, you would never sleep.
My dog eats meat
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