Administration and recovery
Moderator: Zulus Thousand of em
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
Not Necessarily.
Even if FV buy the Hotel we might still be stuffed.
There are shades of grey. Deep dark grey, but still shades. It's not all fxcking Black & (White) Limited.
That's not a leopard!
頑張ってください
頑張ってください
-
- Dedicated
- Posts: 1220
- Joined: Mon Jun 17, 2019 11:49 am
Re: Administration and recovery
FV to pull out later this week when they don't get the hotel leaving the Kamani's to get the hotel & Bassini the club is my prediction (for now anyway)
-
- Dedicated
- Posts: 1713
- Joined: Tue Apr 10, 2007 8:53 pm
Re: Administration and recovery
Well according to the BEN, Bassini's pitch is:Worthy4England wrote: ↑Tue Aug 20, 2019 1:54 pmI was rather hoping you'd put in a bid Hobes - get them young whippersnappers up and down Winter Hill dragging a tractor tyre. That'll show 'em.
So there, on that basis, anyone can just turn up outside the stadium, regardless of proof of funds, approval by the EFL, acceptance by either or both administrators, liason with existing football management and start bringing players in. Why doesn't everyone set up an area and make a pitch, like Farnworth market, only for football takeovers...Let me get the team eight or 10 players,” he said. “I am worried that this club is going to be relegated.
“What I am asking is let me deal with it until September 2 when my court case comes up.
“What has happened is unacceptable. They can’t allow it to continue. Let me come in to sort out the mess before the case. The EFL have got a chance here to step in and do the right thing.
- TANGODANCER
- Immortal
- Posts: 43337
- Joined: Fri Sep 02, 2005 9:35 pm
- Location: Between the Regency and the Rubaiyat and forever trying to light penny candles from stars.
Re: Administration and recovery
Pertinent question has to be: In return for what? I doubt he's intending buying the players as a gift.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 2:57 pm
Well according to the BEN, Bassini's pitch is:
So there, on that basis, anyone can just turn up outside the stadium, regardless of proof of funds, approval by the EFL, acceptance by either or both administrators, liason with existing football management and start bringing players in. Why doesn't everyone set up an area and make a pitch, like Farnworth market, only for football takeovers...Let me get the team eight or 10 players,” he said. “I am worried that this club is going to be relegated.
“What I am asking is let me deal with it until September 2 when my court case comes up.
“What has happened is unacceptable. They can’t allow it to continue. Let me come in to sort out the mess before the case. The EFL have got a chance here to step in and do the right thing.
Si Deus pro nobis, quis contra nos?
Re: Administration and recovery
If I could light cigars one after t'other with £50 notes and bathe in the most expensive champagne mate I'd have to think long and hard before even considering purchasing the mess that our club is now.Worthy4England wrote: ↑Tue Aug 20, 2019 1:54 pmI was rather hoping you'd put in a bid Hobes - get them young whippersnappers up and down Winter Hill dragging a tractor tyre. That'll show 'em.
-
- Dedicated
- Posts: 1220
- Joined: Mon Jun 17, 2019 11:49 am
Re: Administration and recovery
He's now a Bolton fan, apparently he's been to the tattooist in town this afternoon & got the club badge / crest on his leg, he doesn't want to see us relegated so he's going to offer to pay for 8-10 new players ASAP just because he wants to help us & because FV are doing sweet FA by the sounds of it.TANGODANCER wrote: ↑Tue Aug 20, 2019 3:01 pmPertinent question has to be: In return for what? I doubt he's intending buying the players as a gift.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 2:57 pm
Well according to the BEN, Bassini's pitch is:
So there, on that basis, anyone can just turn up outside the stadium, regardless of proof of funds, approval by the EFL, acceptance by either or both administrators, liason with existing football management and start bringing players in. Why doesn't everyone set up an area and make a pitch, like Farnworth market, only for football takeovers...Let me get the team eight or 10 players,” he said. “I am worried that this club is going to be relegated.
“What I am asking is let me deal with it until September 2 when my court case comes up.
“What has happened is unacceptable. They can’t allow it to continue. Let me come in to sort out the mess before the case. The EFL have got a chance here to step in and do the right thing.
He may be an absolute nutter (well he certainly is), but you cant fault him for trying - FV continually delaying things is just fueling the fire with LB. Most fans (me included) blamed him for the injunction that 'so called' stopped the takeover going through, but its quite obvious now that wasn't the case & the deal was probably nowhere near being completed.
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
The fog is clearing. At last, FV(W)Ltd are being shown up for the chancers they always were [yeh, yeh, yeh "what was the alternative?" I hear the plaintive cries - there fxcking wasn't one, but we didn't need the angst and fxcking bullshit for all this time as well, did we???]Bertie Wooster wrote: ↑Tue Aug 20, 2019 3:14 pmHe's now a Bolton fan, apparently he's been to the tattooist in town this afternoon & got the club badge / crest on his leg, he doesn't want to see us relegated so he's going to offer to pay for 8-10 new players ASAP just because he wants to help us & because FV are doing sweet FA by the sounds of it.TANGODANCER wrote: ↑Tue Aug 20, 2019 3:01 pmPertinent question has to be: In return for what? I doubt he's intending buying the players as a gift.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 2:57 pm
Well according to the BEN, Bassini's pitch is:
So there, on that basis, anyone can just turn up outside the stadium, regardless of proof of funds, approval by the EFL, acceptance by either or both administrators, liason with existing football management and start bringing players in. Why doesn't everyone set up an area and make a pitch, like Farnworth market, only for football takeovers...Let me get the team eight or 10 players,” he said. “I am worried that this club is going to be relegated.
“What I am asking is let me deal with it until September 2 when my court case comes up.
“What has happened is unacceptable. They can’t allow it to continue. Let me come in to sort out the mess before the case. The EFL have got a chance here to step in and do the right thing.
He may be an absolute nutter (well he certainly is), but you cant fault him for trying - FV continually delaying things is just fueling the fire with LB. Most fans (me included) blamed him for the injunction that 'so called' stopped the takeover going through, but its quite obvious now that wasn't the case & the deal was probably nowhere near being completed.
That's not a leopard!
頑張ってください
頑張ってください
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
I'll slightly modulate that to the EFL suspends all our games and gives us fourteen days to get it sorted, later this fortnight the Kamanis get the hotel, Bassini wins his court case against Anderson, Rubin & Partners go for liquidation and Bassini gets another injunction against Rubin & Partners which is overturned three days later, and nobody ever hears from FV ever again.Bertie Wooster wrote: ↑Tue Aug 20, 2019 2:54 pmFV to pull out later this week when they don't get the hotel leaving the Kamani's to get the hotel & Bassini the club is my prediction (for now anyway)
That's not a leopard!
頑張ってください
頑張ってください
- Dave Sutton's barnet
- Immortal
- Posts: 28818
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Administration and recovery
That could happen. I agree to an extent. I think this is the timeline:Lost Leopard Spot wrote: ↑Tue Aug 20, 2019 3:38 pmI'll slightly modulate that to the EFL suspends all our games and gives us fourteen days to get it sorted, later this fortnight the Kamanis get the hotel, Bassini wins his court case against Anderson, Rubin & Partners go for liquidation and Bassini gets another injunction against Rubin & Partners which is overturned three days later, and nobody ever hears from FV ever again.Bertie Wooster wrote: ↑Tue Aug 20, 2019 2:54 pmFV to pull out later this week when they don't get the hotel leaving the Kamani's to get the hotel & Bassini the club is my prediction (for now anyway)
* Kamanis get hotel
* FV pull out
* EFL give us 14 days
* Bassini loses to Anderson
* Kamanis reluctantly buy the club but seek a buyer ASAP
And the beat goes on.
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
I'll live with that. It'll be reet.Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 3:47 pmThat could happen. I agree to an extent. I think this is the timeline:Lost Leopard Spot wrote: ↑Tue Aug 20, 2019 3:38 pmI'll slightly modulate that to the EFL suspends all our games and gives us fourteen days to get it sorted, later this fortnight the Kamanis get the hotel, Bassini wins his court case against Anderson, Rubin & Partners go for liquidation and Bassini gets another injunction against Rubin & Partners which is overturned three days later, and nobody ever hears from FV ever again.Bertie Wooster wrote: ↑Tue Aug 20, 2019 2:54 pmFV to pull out later this week when they don't get the hotel leaving the Kamani's to get the hotel & Bassini the club is my prediction (for now anyway)
* Kamanis get hotel
* FV pull out
* EFL give us 14 days
* Bassini loses to Anderson
* Kamanis reluctantly buy the club but seek a buyer ASAP
And the beat goes on.
That's not a leopard!
頑張ってください
頑張ってください
-
- Dedicated
- Posts: 1713
- Joined: Tue Apr 10, 2007 8:53 pm
Re: Administration and recovery
I struggle to see the Kamanis bidding for the hotel without at least attempting to understand the whole situation around the link to the football club first. I also struggle to see them wanting to hit the national press for killing off a founder member of the football league. Therefore that leaves (in no particular order):
- They withdraw their bid for the hotel not realizing quite how much complexity and hassle there is
- They agree to work with FV including an updated business plan to make the club viable.
- Despite their denials they wanted the club all along.
- They withdraw their bid for the hotel not realizing quite how much complexity and hassle there is
- They agree to work with FV including an updated business plan to make the club viable.
- Despite their denials they wanted the club all along.
- Dave Sutton's barnet
- Immortal
- Posts: 28818
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Administration and recovery
Unless you're saying "They suddenly claim that" before your third bullet point, isn't there a clash there? If they do want the club, why keep FV involved?bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 4:30 pmI struggle to see the Kamanis bidding for the hotel without at least attempting to understand the whole situation around the link to the football club first. I also struggle to see them wanting to hit the national press for killing off a founder member of the football league. Therefore that leaves (in no particular order):
- They withdraw their bid for the hotel not realizing quite how much complexity and hassle there is
- They agree to work with FV including an updated business plan to make the club viable.
- Despite their denials they wanted the club all along.
-
- Dedicated
- Posts: 1713
- Joined: Tue Apr 10, 2007 8:53 pm
Re: Administration and recovery
Sorry I should have added a few or's in there.Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 4:53 pmUnless you're saying "They suddenly claim that" before your third bullet point, isn't there a clash there? If they do want the club, why keep FV involved?bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 4:30 pmI struggle to see the Kamanis bidding for the hotel without at least attempting to understand the whole situation around the link to the football club first. I also struggle to see them wanting to hit the national press for killing off a founder member of the football league. Therefore that leaves (in no particular order):
- They withdraw their bid for the hotel not realizing quite how much complexity and hassle there is
- They agree to work with FV including an updated business plan to make the club viable.
- Despite their denials they wanted the club all along.
So I am saying they are broadly the options I see. So assuming they go through with their bid for the hotel, either they want the hotel and don't want to run the club, but equally don't want to kill it off, so work with FV so the club survives under FV's ownership, OR, they actually wanted the club all along and have used the hotel as a vehicle to get the club.
I don't see a scenario where they have just entered into this thinking they will make a small addition to their property portfolio, and to their surprise there is a whole adjoining football club on it's knees issue for them to deal with. And they seem too wealthy for any nefarious actors to get them to act as spoilers...
- Dave Sutton's barnet
- Immortal
- Posts: 28818
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Administration and recovery
EFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
https://www.efl.com/news/2019/august/ef ... fc-update3
-
- Passionate
- Posts: 3735
- Joined: Wed Feb 02, 2011 8:14 pm
- Location: Bury
Re: Administration and recovery
Golden share to be transferred 5pm on Friday, according to Iles. Never liked them, but that’s bloody awful news. How long until it’s our turn?Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 5:34 pmEFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
- Bruce Rioja
- Immortal
- Posts: 38742
- Joined: Mon Jan 17, 2005 9:19 pm
- Location: Drifting into the arena of the unwell.
Re: Administration and recovery
Once a precedent's set I'd suggest not long!Burnden Paddock wrote: ↑Tue Aug 20, 2019 5:54 pmGolden share to be transferred 5pm on Friday, according to Iles. Never liked them, but that’s bloody awful news. How long until it’s our turn?Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 5:34 pmEFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
May the bridges I burn light your way
-
- Dedicated
- Posts: 1713
- Joined: Tue Apr 10, 2007 8:53 pm
Re: Administration and recovery
Apparently their chairman is still turning down offers to buy the club!Bruce Rioja wrote: ↑Tue Aug 20, 2019 5:56 pmOnce a precedent's set I'd suggest not long!Burnden Paddock wrote: ↑Tue Aug 20, 2019 5:54 pmGolden share to be transferred 5pm on Friday, according to Iles. Never liked them, but that’s bloody awful news. How long until it’s our turn?Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 5:34 pmEFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
- Dave Sutton's barnet
- Immortal
- Posts: 28818
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Administration and recovery
And who let him in the building? Oh yeah, the EFL.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 5:58 pmApparently their chairman is still turning down offers to buy the club!Bruce Rioja wrote: ↑Tue Aug 20, 2019 5:56 pmOnce a precedent's set I'd suggest not long!Burnden Paddock wrote: ↑Tue Aug 20, 2019 5:54 pmGolden share to be transferred 5pm on Friday, according to Iles. Never liked them, but that’s bloody awful news. How long until it’s our turn?Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 5:34 pmEFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
The trouble with those outlined scenarios is that if anybody but FV get the hotel, then FV can't work with them, because FV's entire business plan revolves around loans and liquidity and asset stripping, and if the hotel belongs to somebody else they can't sell the stadium and rent it back, because they won't own the entire lease on the grounds.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 5:14 pmSorry I should have added a few or's in there.Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 4:53 pmUnless you're saying "They suddenly claim that" before your third bullet point, isn't there a clash there? If they do want the club, why keep FV involved?bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 4:30 pmI struggle to see the Kamanis bidding for the hotel without at least attempting to understand the whole situation around the link to the football club first. I also struggle to see them wanting to hit the national press for killing off a founder member of the football league. Therefore that leaves (in no particular order):
- They withdraw their bid for the hotel not realizing quite how much complexity and hassle there is
- They agree to work with FV including an updated business plan to make the club viable.
- Despite their denials they wanted the club all along.
So I am saying they are broadly the options I see. So assuming they go through with their bid for the hotel, either they want the hotel and don't want to run the club, but equally don't want to kill it off, so work with FV so the club survives under FV's ownership, OR, they actually wanted the club all along and have used the hotel as a vehicle to get the club.
I don't see a scenario where they have just entered into this thinking they will make a small addition to their property portfolio, and to their surprise there is a whole adjoining football club on it's knees issue for them to deal with. And they seem too wealthy for any nefarious actors to get them to act as spoilers...
FV have no liquidity/money/dosh... How much evidence for this is required? They are skint/borassic/penurious.
That's not a leopard!
頑張ってください
頑張ってください
- Lost Leopard Spot
- Immortal
- Posts: 18436
- Joined: Wed May 09, 2012 11:14 am
- Location: In the long grass, hunting for a watering hole.
Re: Administration and recovery
Bollocks.bristol_Wanderer3 wrote: ↑Tue Aug 20, 2019 5:58 pmApparently their chairman is still turning down offers to buy the club!Bruce Rioja wrote: ↑Tue Aug 20, 2019 5:56 pmOnce a precedent's set I'd suggest not long!Burnden Paddock wrote: ↑Tue Aug 20, 2019 5:54 pmGolden share to be transferred 5pm on Friday, according to Iles. Never liked them, but that’s bloody awful news. How long until it’s our turn?Dave Sutton's barnet wrote: ↑Tue Aug 20, 2019 5:34 pmEFL have suspended Bury's game this weekend and awarded Sheffield Wednesday the previously postponed League Cup game
https://www.efl.com/news/2019/august/ef ... fc-update3
That's not a leopard!
頑張ってください
頑張ってください
Who is online
Users browsing this forum: Google [Bot] and 112 guests