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Hi Lou
We are indeed heading back to private ownership although the plan is not to go back into the States. We are going to continue to look to grow the business in Europe, Asia and the English speaking countries outside the US.
The first benefit affiliates will see from this deal should hopefully be the release of the reserves that have been held by Faiground through the payment plan. The implementation of the payment plan was a Fairground decision that we had to comply with. Once we are out from under Fairground’s control then I’m very confident that we’ll be able to release all of the funds that are owing in the next payment plan.
I’ll keep you updated on this situation and should hopefully have some news for you shortly.
Best regards,
Tim Whyles
This is still excellent news as it at “opens the door” to further positive dvelopments in the future.
The longest journey begins with one step.
Welcome back to the path to survival and prosperity. US Affiliates and Players await you at the end of this path. We will keep the lights on.
I agree – good move
Incidentally where’s Tom gone Tim?
Hi Simmo
Tom’s out of the office for a while, he’ll be back at the beginning of next year.
Cheers
Tim
