The breaking News thread...

[BWFC_Insane]

Latest from Iles twitter:

Best way to describe Sports Shield bid is "in limbo" - perhaps it got caught in the Bermuda Triangle? Madness looks set to continue #bwfc

still dont give the slightest intimation of anything about the offer to justify the madness tag. Would have though journos licence woulld have at least come up with 'club saving' or 'solid' - I dont know why I'm not thinking exciting' or 'fantastic'.

Think he refers to madness in the sense of the current position and uncertainty, not in relation to the bid or its non acceptance.

[Abdoulaye's Twin]

I've just had lentil soup and have been grazing on fruit all morning. I may have to excuse myself quickly a time or two this afternoon.

Bowl of muesli and fruit, a bacon butty and about to have steak n chips. Should be a light sou' westerly blowing this evening

[Bruce Rioja]

I've just had lentil soup and have been grazing on fruit all morning. I may have to excuse myself quickly a time or two this afternoon.

Bowl of muesli and fruit, a bacon butty and about to have steak n chips. Should be a light sou' westerly blowing this evening

This is how we end up with your fecking sand all over our cars and property, isn't it?!

[Abdoulaye's Twin]

This is how we end up with your fecking sand all over our cars and property, isn't it?!

That'd be one of my cats. Fcuking lethal I tell ye

[Gary the Enfield]

I've just had lentil soup and have been grazing on fruit all morning. I may have to excuse myself quickly a time or two this afternoon.

Bowl of muesli and fruit, a bacon butty and about to have steak n chips. Should be a light sou' westerly blowing this evening

Porridge for breakfast and a falafel and halloumi wrap for me dinner.

Bakin' a big 'un........

[Dave Sutton's barnet]

From the BN:

"...the sticking point for Sports Shield and most of the other parties who have explored the purchase of the club has been to prove they have the money to cover future bills. That figure has changed consistently through the process but is now thought to be around £8million."

Call me fussy, but I agree that it'd be nice for the new owners to prove they have the money to make it to May.

[jonnycooper]

So! Another couple of pages of=Nothing to see here then?

[Gary the Enfield]

48 hours. Be reet.

[jmjhb]

Bolton. Eddie Davies wants buyers to show have money for now and next season. Good idea. But still needs to reveal on car park sale cash.

Well, if SS can't do that, they will have proven themselves to be utter chancers just like many predicted.

[KeyserSoze]

From the BN:

"...the sticking point for Sports Shield and most of the other parties who have explored the purchase of the club has been to prove they have the money to cover future bills. That figure has changed consistently through the process but is now thought to be around £8million."

Call me fussy, but I agree that it'd be nice for the new owners to prove they have the money to make it to May.

^

[BWFC_Insane]

From the BN:

"...the sticking point for Sports Shield and most of the other parties who have explored the purchase of the club has been to prove they have the money to cover future bills. That figure has changed consistently through the process but is now thought to be around £8million."

Call me fussy, but I agree that it'd be nice for the new owners to prove they have the money to make it to May.

In his twitter though Iles has been saying that isn't the problem and that he doesn't know "what is holding it up". Oh and if Iles reporting is correct Sports Shield have put down the requested amount to get through this season already.

I mean I agree broadly it is good to know the resources of any new owner, though it is easy to say "prove it" and much harder to do in reality. If someone had asked Eddie when he came on board "prove you have the money to run this thing for 10 years" I suspect he wouldn't have been able to do so. In fact he came in and put limited amounts in at the start.

I think proving you can run it beyond this season depends entirely on your business plan. And again, in my view any business plan needs contrasting with what we've got now. Which is a court date on the 22nd of February where we may have to prove we're not insolvent.

More I think about this, whether it is with the best of intentions or otherwise, it is a rather pointless thing to ask. Even if I proved that I had billions in the bank, it means little because I may ultimately not be prepared to invest it. If I said I only have XM and then the club needs to be self sufficient that is still better than 0 and the club being immediately insolvent.

[Lord Kangana]

Perhaps the new consortium(s) are being asked to prove they have the capital because we won't have our debts written off in their entirety during the EDxit?

[Lost Leopard Spot]

From the BN:

"...the sticking point for Sports Shield and most of the other parties who have explored the purchase of the club has been to prove they have the money to cover future bills. That figure has changed consistently through the process but is now thought to be around £8million."

Call me fussy, but I agree that it'd be nice for the new owners to prove they have the money to make it to May.

In his twitter though Iles has been saying that isn't the problem and that he doesn't know "what is holding it up". Oh and if Iles reporting is correct Sports Shield have put down the requested amount to get through this season already.

I mean I agree broadly it is good to know the resources of any new owner, though it is easy to say "prove it" and much harder to do in reality. If someone had asked Eddie when he came on board "prove you have the money to run this thing for 10 years" I suspect he wouldn't have been able to do so. In fact he came in and put limited amounts in at the start.

I think proving you can run it beyond this season depends entirely on your business plan. And again, in my view any business plan needs contrasting with what we've got now. Which is a court date on the 22nd of February where we may have to prove we're not insolvent.

More I think about this, whether it is with the best of intentions or otherwise, it is a rather pointless thing to ask. Even if I proved that I had billions in the bank, it means little because I may ultimately not be prepared to invest it. If I said I only have XM and then the club needs to be self sufficient that is still better than 0 and the club being immediately insolvent.

Some of us have been saying that very shit from the very start. (without having to invoke Iles and his nice person machine).

[Jugs]

He's probably making sure that the new owners and board don't get us £173million into debt ...

[BWFC_Insane]

He's probably making sure that the new owners and board don't get us £173million into debt ...

With a series of court dates. We'd definitely not want a new owner dragging the club's name through the mud like that.

[Dave Sutton's barnet]

Bolton. Eddie Davies wants buyers to show have money for now and next season. Good idea. But still needs to reveal on car park sale cash.

Well, if SS can't do that, they will have proven themselves to be utter chancers just like many predicted.

Assume that's Nixon. What does he mean by the last bit? It's like reading tea-leaves...

[thebish]

From the BN:

"...the sticking point for Sports Shield and most of the other parties who have explored the purchase of the club has been to prove they have the money to cover future bills. That figure has changed consistently through the process but is now thought to be around £8million."

Call me fussy, but I agree that it'd be nice for the new owners to prove they have the money to make it to May.

fussy! to be fair - it does at least SEEM like a reasonable thing to ask bidders...

[KeyserSoze]

https://beta.companieshouse.gov.uk/offi ... pointments" onclick="window.open(this.href);return false;

why is deano's occupation listed as 'football manager'?

[thebish]

https://beta.companieshouse.gov.uk/offi ... pointments

why is deano's occupation listed as 'football manager'?

and - to be fair - he has managed redbridge, newport, aldershot, chelmsford and brentwood...

[Jugs]

https://beta.companieshouse.gov.uk/offi ... pointments

why is deano's occupation listed as 'football manager'?

He's managed clubs in the past and probably still considers himself to be a football manager like many who have periods out of the game do. For example, Megson, who hasn't had a job for about 3 years now, and who many would argue was never a football manager in the first place, probably still puts 'football manager' on his forms when he goes to the job centre.