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Howling Terror |
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Howling Terror Super Spammer
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steve the grease |
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steve the grease Crazy Courier
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Sister Sledge |
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Sister Sledge World Chat Champion
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BTTD |
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BTTD World Chat Champion
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Posted: 09:42 - 31 Jan 2020 Post subject: |
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And yet his comments blamed Brexit and the financial uncertainty. Definitely nothing to do with him being dodgy af and ripping people off. |
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linuxyeti |
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linuxyeti World Chat Champion
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Posted: 10:10 - 31 Jan 2020 Post subject: |
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jnw010 wrote: |
And yet his comments blamed Brexit and the financial uncertainty. Definitely nothing to do with him being dodgy af and ripping people off. |
.. and, he was a vocal supporter of brexit, so, can hardly blame brexit, lost everything my arse, he'll have cash siphoned off somewhere ____________________ Beware what photos you upload, or link to on here, especially if you have family members on them |
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Polarbear |
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Polarbear Super Spammer
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Suntan Sid |
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Suntan Sid World Chat Champion
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Shaft |
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Shaft World Chat Champion
Joined: 27 Dec 2010 Karma :
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Posted: 00:27 - 21 Feb 2020 Post subject: |
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Probably won't be Stuart Garner though, although it should be.
He comes across as being the kind of guy that knows just enough wrinkles to keep him out of the really bad shit, but I hope I'm wrong. ____________________ Things get better with age; I'm close to being magnificent........
20 RE Interceptor, 83 Z1100A3, 83 GS650 Katana
WooHoo, I'm a Man Point Millionaire! https://www.bikechatforums.com/viewtopic.php?t=234035 |
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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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Posted: 01:51 - 21 Feb 2020 Post subject: |
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Just read this...
Oh fuck ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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Polarbear |
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Polarbear Super Spammer
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Posted: 09:13 - 21 Feb 2020 Post subject: |
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Quite damning but I suspect it's his word against Garners and there won't be enough to send him down for any length of time.
I hope I'm wrong. ____________________ Triumph Trophy Launch Edition |
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MCN |
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MCN Super Spammer
Joined: 22 Jul 2015 Karma :
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BTTD |
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BTTD World Chat Champion
Joined: 22 Nov 2012 Karma :
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Posted: 11:12 - 21 Feb 2020 Post subject: |
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I read this and find some of it hard to take at face value.
I suspect that the Spondon dude Tiller knew he had a problem with his alcoholic and aging business partner. He saw Garner as someone with a background of money who could buy his troublesome partner out and inject some cash into the business. Win win. He either didn't give a sht about his mate getting paid out half the asking price, or was complicit in the plan. Afterall, the less paid out initially by Garner, the more there is to invest in Spondon / Norton and an alcoholic business parnter kills a business almost as fast as it kills the friendship.
I doubt that he was entirely unaware of the financing going on (how else did he think it was going to work?) although at some point I reckon he realised he gotten into bed with a con merchant and that at some future point the whole lot was going to go tits up. That's when he bailed out.
To me, that seems more likely than the somewhat naive story he's putting forward. I don't believe Tiller ever intended to defraud anyone, but I can't swallow the whole pure as the driven snow story either. |
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Howling Terror |
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Howling Terror Super Spammer
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Posted: 11:59 - 21 Feb 2020 Post subject: |
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I'd be interested to know why a TT legend signed up with a well known bent bugger.
Remiss of me to exclude the following:
Cameron Donald
Josh Brookes
Ian Mackman and Dan Hegarty
Steve Plater - Test rider
Mick Grant - bike development and rider management
David ‘Davo’ Johnson
Peter Hickman
Davey Todd.
Yet now the cat's out it's like everyone had known for years and years. ____________________ Diabolical homemade music Bandcamp and Soundcloud
Singer songwriter, Artist and allround good bloke Listen to Andrew Susan Johnston here
The Harry Turner Project |
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Easy-X |
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Easy-X Super Spammer
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Posted: 12:04 - 21 Feb 2020 Post subject: |
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Yes, on the one hand he says he'd known the family for years and then the massive (alleged) fraud and his new partner's lack of moral fibre seem to all come as a massive shock.
But true: if your current business partner's an alcoholic you'd do almost anything to get out of the situation - even sign a deal with the devil ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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MCN |
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MCN Super Spammer
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linuxyeti |
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linuxyeti World Chat Champion
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Suntan Sid |
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Suntan Sid World Chat Champion
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Pigeon |
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Pigeon World Chat Champion
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Bhud |
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Bhud World Chat Champion
Joined: 11 Oct 2018 Karma :
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Posted: 23:08 - 11 Mar 2020 Post subject: |
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Donington Hall is a property where a company is registered that was (today) renamed "Norton MC" (not to be confused with "Norton Motorcycles", the company that's under administration). Also today, Garner resigned as the director of "Norton MC", and appointed his wife as its director.
https://www.superbike.co.uk/article/norton-motorcycles-what-happened-today
Last edited by Bhud on 23:30 - 11 Mar 2020; edited 1 time in total |
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martin734 |
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martin734 Spanner Monkey
Joined: 28 Aug 2019 Karma :
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Posted: 23:11 - 11 Mar 2020 Post subject: |
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That's not at all dodgy. ____________________ Current bike: ST1100 "Big Red" |
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BTTD |
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BTTD World Chat Champion
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MCN |
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MCN Super Spammer
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Easy-X |
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Easy-X Super Spammer
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MCN |
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MCN Super Spammer
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Bhud |
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Bhud World Chat Champion
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Posted: 14:46 - 12 Mar 2020 Post subject: |
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It's obvious he's taking advice - the guy has no education or qualifications.
Maybe BDO have a plan of their own and are just biding their time, but I really think BDO should be being more active in slapping down appropriations of the Norton name. The Norton brand is an intellectual property belonging to Norton Motorcycles (under administration and insolvent), and there are a LOT of people waiting to be paid, so if the brand is something that can be sold to a foreign soap-on-a-rope maker, then it should be guarded. Who's going to want to buy non-exclusive rights to the Norton name? BDO should challenge the new company's registration. It was originally Norton Motor Cars Limited, and now it's Norton MC Limited, and the director is the same guy as a company under administration (Norton Motorcycles Limited), and is likely to be struck off. Therefore his individual actions involving that company can and should be capped.
I think another problem is the property Donington Hall. Garner and his wife live there, in great opulence and in possession of all kinds of treasures, on the pretext that first Garner, and now his wife, are directors of an inactive front company that uses Donington Hall as its registered address. If and when the time comes to wind up and sell off the assets of Norton Motorcycles to pay off the creditors, the question will arise as to how sell Donington Hall. Metro Bank has a charge on it, they want their money back and it's locked up in there. It has a market value. Market value minus Metro Bank's charge with be £n. Market value minus Metro Bank's charge but without vacant possession (i.e. inhabited by a pair of squatters) would be considerably less than £n.
No idea what the game is, but sure there is some kind of planning and deceit in these recent moves, shifting assets out of the reach of BDO. Garner and wife recently had a celebratory slap up meal at Ivy Restaurant (Harrogate). BDO had better not lose sight of the ball. |
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Old Thread Alert!
The last post was made 4 years, 90 days ago. Instead of replying here, would creating a new thread be more useful? |
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