Administration and recovery

Where fellow sufferers gather to share the pain, longing and unrequited transfer requests that make being a Wanderer what it is...

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Hoboh
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Re: Administration and recovery

Post by Hoboh » Mon Aug 12, 2019 3:22 pm

BWFC_Insane wrote:
Mon Aug 12, 2019 3:10 pm
Lost Leopard Spot wrote:
Mon Aug 12, 2019 1:53 pm


You're stopping now because you are talking shit.
I'm stopping for the same reason many have stopped (or so I'm told) - I'm sick to the back teeth of you! No reason other than that.
Give over man, you are beginning to sound like those who reckon it's all about democracy until a vote or opinion goes against the way they want.
You and I rarely agree on much but if you sledgehammer a post I won't hide under a rock :P

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BWFC_Insane
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Re: Administration and recovery

Post by BWFC_Insane » Mon Aug 12, 2019 3:29 pm

Hoboh wrote:
Mon Aug 12, 2019 3:22 pm
BWFC_Insane wrote:
Mon Aug 12, 2019 3:10 pm
Lost Leopard Spot wrote:
Mon Aug 12, 2019 1:53 pm


You're stopping now because you are talking shit.
I'm stopping for the same reason many have stopped (or so I'm told) - I'm sick to the back teeth of you! No reason other than that.
Give over man, you are beginning to sound like those who reckon it's all about democracy until a vote or opinion goes against the way they want.
You and I rarely agree on much but if you sledgehammer a post I won't hide under a rock :P
Hobes I'm irritating. Annoying. Arrogant. Have incensed many people on here. But I don't care whether someone agrees with me or not. We can have a discussion as you and I have.

But my point is well made in this very thread. Worthy and I are having a discussion on civil terms before a certain poster wades in. To then compound it, having done that before anyone has responded he quotes his own post to re-make the same point in the same aggressive manner.

Its attention seeking aggressiveness and I've had enough of it. This forum used to be full of great debate and arguments and tedium and people falling out and all sorts. But its shit now. Mainly because a single post can spurn 5 aggressive responses before anyone else gets a look in. As you were.

Enoch
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Re: Administration and recovery

Post by Enoch » Mon Aug 12, 2019 3:37 pm

No doubt another false dawn

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Re: Administration and recovery

Post by LeverEnd » Mon Aug 12, 2019 5:07 pm

Gary the Enfield wrote:
Mon Aug 12, 2019 2:43 pm
Lost Leopard Spot wrote:
Mon Aug 12, 2019 2:30 pm
BWFC_Insane wrote:
Mon Aug 12, 2019 2:28 pm
Worthy4England wrote:
Mon Aug 12, 2019 2:21 pm
Both Iles and Nixon seemed to be saying for the last week or so, that the Hotel PB was due to be announced last Friday...Bassini has bought them some time, I suspect because now they can say "can't announce at the moment"....
You mean it bought Nixon some time to make up some more bollocks?

As for the rest I think Iles is pretty close - he never promised an announcement as far as I know - but said they "might" say something Friday - they didn't. But Iles has also said the deal was close twice along the timescales I've already outlined. So do you believe him or not?
NO.
I'm confused. No you don't believe him or No you don't not believe him? :hang:
I'm with Spots. If the club announced the earth was round I'd join my local Flat Earth Society.
...

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Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Aug 12, 2019 7:16 pm

There's an incredible amount of sway, regarding the sale of a football club, being afforded a bloke who's in the business of selling newspapers. Any titbits he is being tossed will be sourced from one side, without any balance whatsoever.
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bristol_Wanderer3
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Re: Administration and recovery

Post by bristol_Wanderer3 » Mon Aug 12, 2019 9:16 pm


nicholaldo
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Re: Administration and recovery

Post by nicholaldo » Mon Aug 12, 2019 9:22 pm

bristol_Wanderer3 wrote:
Mon Aug 12, 2019 9:16 pm

I don't think there's much chance this ends on Wednesday.

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Re: Administration and recovery

Post by bristol_Wanderer3 » Mon Aug 12, 2019 9:29 pm

^^ Some thoughts:

- No reporting that FV or the administrators are represented.

- If this is Bassini's lawyers and Ken's lawyers, then this is concerning to me as both seem to want the same thing, i.e. to throw spanners into the works of FV acquiring control of the club and hotel.

- The key for BWFC is lifting the injunction that is preventing the takeover going ahead. Hard to see how that happens here based on what is currently being reported.

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officer_dibble
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Re: Administration and recovery

Post by officer_dibble » Mon Aug 12, 2019 9:36 pm

Anything involving Ken reeks.

I’m lost now though; if club and hotel are with admins. And Bassinis beef is with Ken. What the hells it holding the club sale up for?

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Re: Administration and recovery

Post by nicholaldo » Mon Aug 12, 2019 9:45 pm

officer_dibble wrote:
Mon Aug 12, 2019 9:36 pm
Anything involving Ken reeks.

I’m lost now though; if club and hotel are with admins. And Bassinis beef is with Ken. What the hells it holding the club sale up for?

The legal action is against Burnden Leisure Limited, which I believe is the parent company. Presumably, the injunction against BLL prevents the sale of any of its subsidiary companies, of which the football club is one.

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Re: Administration and recovery

Post by bristol_Wanderer3 » Mon Aug 12, 2019 9:51 pm

officer_dibble wrote:
Mon Aug 12, 2019 9:36 pm
Anything involving Ken reeks.

I’m lost now though; if club and hotel are with admins. And Bassinis beef is with Ken. What the hells it holding the club sale up for?
Obviously we can only guess, but one possibility is that Bassini's legal argument goes something like (in very layman terms):

"I signed a Sale and Purchase agreement that said KA sells me his shareholding if certain conditions are met. Ken declared those conditions weren't met and subsequently the club and hotel went into admin. I did meet them, or was in the process of meeting them, and thus my agreement should still stand. Stop everything, including the current takeover, whilst the court reviews the agreement and decides"

The key issue being, from a BWFC surviving perspective, how long will this legal process take, and how long does FV hang around for?

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Bruce Rioja
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Re: Administration and recovery

Post by Bruce Rioja » Mon Aug 12, 2019 10:59 pm

Seriously, if you're calling Parky out just now, then you're a 4ucking c*nt!
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Re: Administration and recovery

Post by Burnden Paddock » Mon Aug 12, 2019 11:13 pm

Bruce Rioja wrote:
Mon Aug 12, 2019 10:59 pm
Seriously, if you're calling Parky out just now, then you're a 4ucking c*nt!

Have you read what passes for Bassini's latest interview on the BWFC and Proud FB page? 'I don't want to be direspectful, but Phil Parkinson is a digusting mercenary.' Utter cnut! The prick doesn't even know David Lee's name. Yet there are cretins on there supporting the deluded fantasist prick!

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Harry Genshaw
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Re: Administration and recovery

Post by Harry Genshaw » Mon Aug 12, 2019 11:42 pm

Even in the wafer slim chance that Bassini was sincere and serious, why would anyone want a loose cannon like that in charge? It's no surprise after the weekend that he'd not be Parkys biggest fan but to come out with that. Despicable
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Re: Administration and recovery

Post by Worthy4England » Mon Aug 12, 2019 11:44 pm

Burnden Paddock wrote:
Mon Aug 12, 2019 11:13 pm
Bruce Rioja wrote:
Mon Aug 12, 2019 10:59 pm
Seriously, if you're calling Parky out just now, then you're a 4ucking c*nt!

Have you read what passes for Bassini's latest interview on the BWFC and Proud FB page? 'I don't want to be direspectful, but Phil Parkinson is a digusting mercenary.' Utter cnut! The prick doesn't even know David Lee's name. Yet there are cretins on there supporting the deluded fantasist prick!
Said a few things on there including "Mike James is dirty"... That might come back around at some point.. M

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Tue Aug 13, 2019 3:12 pm

Enoch wrote:
Mon Aug 12, 2019 3:37 pm
No doubt another false dawn
:lol:

But, if it's the First Rays of a New Rising Sun...

8)

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Lost Leopard Spot
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Re: Administration and recovery

Post by Lost Leopard Spot » Tue Aug 13, 2019 3:56 pm

bristol_Wanderer3 wrote:
Mon Aug 12, 2019 9:29 pm
^^ Some thoughts:

- No reporting that FV or the administrators are represented.

- If this is Bassini's lawyers and Ken's lawyers, then this is concerning to me as both seem to want the same thing, i.e. to throw spanners into the works of FV acquiring control of the club and hotel.

- The key for BWFC is lifting the injunction that is preventing the takeover going ahead. Hard to see how that happens here based on what is currently being reported.
I get most of what you say. I struggle however to see how Anderson wins by throwing spanners in works... He's after a payout, full stop. His skin in the game has ended - he's due some secured payout, I would imagine from his point of view the sooner the better.

Also, this High Court Injunction. It's not Free. Somefxcker is going to have to pay for it. And boy, do I mean pay for it, you don't get Queen's Counsel for a pittance...

To expand even further on that, you can go back through what Bolton owe who in the Admins' report and you'll find newspaper boys, HMRC, pastie makers, ticket salesmen, etc. But what you won't find is Hilary Stonehouse or any of her comrades - they got their wedge up front, in gold doublons, prior to burning midnight oil thank you very fxcking much.
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officer_dibble
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Re: Administration and recovery

Post by officer_dibble » Tue Aug 13, 2019 9:52 pm

Lawrence’s angle appears to be Ken lied to the High Court OR he did have the funds in which case why hasn’t he been sold the club.

Ken’s defence will I suspect be tompoint put breaches in contract...whilst not pointing out he lied in court??

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DJBlu
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Re: Administration and recovery

Post by DJBlu » Tue Aug 13, 2019 9:57 pm

Here's a question,

How much does Ken receive if the club is liquidated vs admin?

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Re: Administration and recovery

Post by officer_dibble » Tue Aug 13, 2019 10:50 pm

Isn’t one of the issues with liquidation the investigation into him as the main man?

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