#1 [url]

Mar 20 09 9:08 AM

Copied from another place......



Yep, it's a guy called Gary Metcalfe. A business associate of Vaughan's. Metcalfe's directorships past and present are thus:

UK RECOVERY NO.4 ( LIMITED 06657855 Director Active - Newly Incorporated 28/07/2008
UK RECOVERY NO.4 (A) LIMITED 06657842 Director Active - Newly Incorporated 28/07/2008
CHESHIRE PROPERTY (CRANAGE) 2 LIMITED 06609744 Director Active - Newly Incorporated 11/06/2008
CHESHIRE PROPERTY (CRANAGE) 1 LIMITED 06609737 Director Active - Newly Incorporated 11/06/2008
PROPERTY FIRST GENERAL PARTNER NO.4 LIMITED 06521575 Director Active - Newly Incorporated 03/03/2008
WEIGHTCO 2007 ( LIMITED 06377327 Director Active - Newly Incorporated 09/05/2008
WEIGHTCO 2007 (7) LIMITED 06376668 Director Active - Newly Incorporated 09/05/2008
JSPM PROPERTIES LIMITED 05650874 Director Non trading 20/09/2006
CPM PROPERTIES LIMITED 05644030 Director Non trading 12/07/2006
PROPERTY MANAGEMENT AND AQUISITIONS LTD 05644006 Director In Liquidation 06/12/2005
PROPERTY MANAGEMENT AND AQUISITIONS LTD 05644006 Company Secretary In Liquidation 06/12/2005
LIVERPOOL SPONSORING GROUP LIMITED 05376866 Director Company not trading 02/03/2005
BASE INTERIOR DESIGNS LIMITED 05047819 Director Financial Statements too old 28/01/2006
SPORTS MANAGEMENT CONSORTIUM LIMITED 04344864 Director Company is dissolved 13/05/2004
BLUE PROPERTIES & INVESTMENTS LIMITED 04101337 Director In Receivership / Administration 13/05/2004
INVEST-PROP.COM. LIMITED 03955477 Director Company is dissolved 13/05/2004
BLUE PROPERTY DEVELOPMENTS LIMITED 03952877 Director Company is dissolved 13/05/2004

Of those companies still trading, they've all got credit ratings of between 20 and 32. As you'll know 30 is considered high risk . Chester's current credit rating is 1 .

As at May 2007, CCFC owed £615,000 in bank loans and non bank liabilities of £4,578,008 . Any new owner will have to take on these debts and I can't see how a guy in businesses listed about is going to take on debts of at least £5m (it's probably even higher). There's something fishy about it all but I'm sure it will come out. Probably next Thursday .

Either way, I don't believe for one minute that Chester will be taken over in full.

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Give this man two years and a damn testimonial!!!!