Administration and recovery

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

Moderator: Zulus Thousand of em

Post Reply
User avatar
Prufrock
Immortal
Immortal
Posts: 24006
Joined: Tue Mar 25, 2008 11:51 pm

Re: Administration and recovery

Post by Prufrock » Wed Aug 14, 2019 12:45 am

I'll be surprised if no-one turns up from the admins and/or FV, and I'll be surprised if the injunction doesn't get discharged. They'll tell the mad f*ck to crack on and sue bent Ken.
In a world that has decided
That it's going to lose its mind
Be more kind, my friends, try to be more kind.

User avatar
Bruce Rioja
Immortal
Immortal
Posts: 38742
Joined: Mon Jan 17, 2005 9:19 pm
Location: Drifting into the arena of the unwell.

Re: Administration and recovery

Post by Bruce Rioja » Wed Aug 14, 2019 1:00 am

Prufrock wrote:
Wed Aug 14, 2019 12:45 am
I'll be surprised if no-one turns up from the admins and/or FV, and I'll be surprised if the injunction doesn't get discharged. They'll tell the mad f*ck to crack on and sue bent Ken.
Let's hope so.
May the bridges I burn light your way

nicholaldo
Passionate
Passionate
Posts: 2376
Joined: Mon Feb 12, 2018 8:23 pm

Re: Administration and recovery

Post by nicholaldo » Wed Aug 14, 2019 7:40 am

I don't think anything will get resolved today but I hope I'm wrong.

User avatar
Lost Leopard Spot
Immortal
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

Post by Lost Leopard Spot » Wed Aug 14, 2019 8:27 am

The bloke in charge today:

Stephen John Arthur Eyre QC, aged 61, known as His Honour Judge Eyre QC was called to the Bar in 1981 and took Silk in 2015. He was appointed as a Recorder in 2005, a fee-paid Legal Member of the Mental Health Review Tribunal in 2007 (now known as a fee-paid Judge of the First-tier Tribunal, Health, Education and Social Care Chamber (Mental Health)) and as a Circuit Judge in 2015.
His Honour Judge Stephen John Arthur Eyre QC was appointed to be a Specialist Civil Circuit Judge at Manchester Civil Justice Centre with effect from Monday 20 November 2017.
That's not a leopard!
頑張ってください

Bertie Wooster
Dedicated
Dedicated
Posts: 1174
Joined: Mon Jun 17, 2019 11:49 am

Re: Administration and recovery

Post by Bertie Wooster » Wed Aug 14, 2019 8:30 am

nicholaldo wrote:
Wed Aug 14, 2019 7:40 am
I don't think anything will get resolved today but I hope I'm wrong.
It simply has to be resolved one way or another today otherwise IMO the club is gone, last night showed that we need to bring a load of players in before the transfer window closes in a couple of weeks & unless its sorted today there is no one in control moving forward (FV are left in limbo) to do this, as we would still be in administration with no further funds available.

Its inexcusable if the judge adjourns the case today, someone from the administrators needs to either send a representative or a strongly worded letter to the judge outlining the damaging consequences of an adjournment. Bassini unbelievably says that he loves the club & is now a fan, but he also needs to be told that he will severely damage the club & will be even more hated by the fans if this rumbles on any longer.

User avatar
Worthy4England
Immortal
Immortal
Posts: 32370
Joined: Wed May 16, 2007 6:45 pm

Re: Administration and recovery

Post by Worthy4England » Wed Aug 14, 2019 8:50 am

Bertie Wooster wrote:
Wed Aug 14, 2019 8:30 am
nicholaldo wrote:
Wed Aug 14, 2019 7:40 am
I don't think anything will get resolved today but I hope I'm wrong.
It simply has to be resolved one way or another today otherwise IMO the club is gone, last night showed that we need to bring a load of players in before the transfer window closes in a couple of weeks & unless its sorted today there is no one in control moving forward (FV are left in limbo) to do this, as we would still be in administration with no further funds available.

Its inexcusable if the judge adjourns the case today, someone from the administrators needs to either send a representative or a strongly worded letter to the judge outlining the damaging consequences of an adjournment. Bassini unbelievably says that he loves the club & is now a fan, but he also needs to be told that he will severely damage the club & will be even more hated by the fans if this rumbles on any longer.
The tin-foil hat in me, contemplates if this whole thing rumbled on either through Bassini or any other non-Bassini reason, somehow, past the transfer window, we'd be left with a really affordable squad...that was unlikely to win much but everyone could say "not our fault"...

User avatar
TANGODANCER
Immortal
Immortal
Posts: 43222
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

Post by TANGODANCER » Wed Aug 14, 2019 9:10 am

The one factor that surprises with Bassini is his insistence he has the funds. This would have to be proven or he could be done for all sorts of legal misdemeanours, so someone in the background must be doing that and seriously want the club. There would be no guarantee it would remain a football club of course and not real estate development fodder, but Bassini's persistance is strange to say the least.
Si Deus pro nobis, quis contra nos?

LeverEnd
Legend
Legend
Posts: 9969
Joined: Fri Dec 21, 2012 11:18 pm
Location: Dirty Leeds

Re: Administration and recovery

Post by LeverEnd » Wed Aug 14, 2019 9:19 am

Lost Leopard Spot wrote:
Wed Aug 14, 2019 8:27 am
The bloke in charge today:

Stephen John Arthur Eyre QC, aged 61, known as His Honour Judge Eyre QC was called to the Bar in 1981 and took Silk in 2015. He was appointed as a Recorder in 2005, a fee-paid Legal Member of the Mental Health Review Tribunal in 2007 (now known as a fee-paid Judge of the First-tier Tribunal, Health, Education and Social Care Chamber (Mental Health)) and as a Circuit Judge in 2015.
His Honour Judge Stephen John Arthur Eyre QC was appointed to be a Specialist Civil Circuit Judge at Manchester Civil Justice Centre with effect from Monday 20 November 2017.
Should be able to suss Lozza out as soon as he starts gibbering on. I genuinely do think he's got problems, and while I'm usually disposed to be sympathetic in such matters, I'll make an exception in his case.
...

User avatar
Lost Leopard Spot
Immortal
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

Post by Lost Leopard Spot » Wed Aug 14, 2019 9:35 am

LeverEnd wrote:
Wed Aug 14, 2019 9:19 am
Lost Leopard Spot wrote:
Wed Aug 14, 2019 8:27 am
The bloke in charge today:

Stephen John Arthur Eyre QC, aged 61, known as His Honour Judge Eyre QC was called to the Bar in 1981 and took Silk in 2015. He was appointed as a Recorder in 2005, a fee-paid Legal Member of the Mental Health Review Tribunal in 2007 (now known as a fee-paid Judge of the First-tier Tribunal, Health, Education and Social Care Chamber (Mental Health)) and as a Circuit Judge in 2015.
His Honour Judge Stephen John Arthur Eyre QC was appointed to be a Specialist Civil Circuit Judge at Manchester Civil Justice Centre with effect from Monday 20 November 2017.
Should be able to suss Lozza out as soon as he starts gibbering on. I genuinely do think he's got problems, and while I'm usually disposed to be sympathetic in such matters, I'll make an exception in his case.
If Bassini's barrister is worth his salt, he'll not let Bassini open his gob :lol:
That's not a leopard!
頑張ってください

bristol_Wanderer3
Dedicated
Dedicated
Posts: 1713
Joined: Tue Apr 10, 2007 8:53 pm

Re: Administration and recovery

Post by bristol_Wanderer3 » Wed Aug 14, 2019 10:42 am

TANGODANCER wrote:
Wed Aug 14, 2019 9:10 am
The one factor that surprises with Bassini is his insistence he has the funds. This would have to be proven or he could be done for all sorts of legal misdemeanours, so someone in the background must be doing that and seriously want the club. There would be no guarantee it would remain a football club of course and not real estate development fodder, but Bassini's persistance is strange to say the least.
Judge: So Mr Bassini, what is your claim here today?
Bassini: I want to save this club and agreed to buy it from Ken Anderson.
Judge: You didn't provide proof of funds as required in the SPA
Bassini: I was just getting the money, I had a text, Sir Dave Rich, David Sullivan, £1m, I can save this club.
Judge: So do you have £50m?
Bassini: Yes, yes, David Sullivan, family, Sir Dave Rich
Judge: Do you have written proof, Mr Bassini?
Bassini: Yes I got this text, look..
Judge: That says "Mr Bassini will transfer £1m to BWFC in 12 monthly installments"
Bassini: But Sir Dave Rich, David Sullivan, I will save this club
Judge: AAARRRGGHHH. Case closed. Dismissed. Arrest that man for wasting my bloody time!

User avatar
DJBlu
Site Admin
Posts: 8641
Joined: Wed Oct 12, 2005 7:38 pm

Re: Administration and recovery

Post by DJBlu » Wed Aug 14, 2019 11:38 am

bristol_Wanderer3 wrote:
Wed Aug 14, 2019 10:42 am
TANGODANCER wrote:
Wed Aug 14, 2019 9:10 am
The one factor that surprises with Bassini is his insistence he has the funds. This would have to be proven or he could be done for all sorts of legal misdemeanours, so someone in the background must be doing that and seriously want the club. There would be no guarantee it would remain a football club of course and not real estate development fodder, but Bassini's persistance is strange to say the least.
Judge: So Mr Bassini, what is your claim here today?
Bassini: I want to save this club and agreed to buy it from Ken Anderson.
Judge: You didn't provide proof of funds as required in the SPA
Bassini: I was just getting the money, I had a text, Sir Dave Rich, David Sullivan, £1m, I can save this club.
Judge: So do you have £50m?
Bassini: Yes, yes, David Sullivan, family, Sir Dave Rich
Judge: Do you have written proof, Mr Bassini?
Bassini: Yes I got this text, look..
Judge: That says "Mr Bassini will transfer £1m to BWFC in 12 monthly installments"
Bassini: But Sir Dave Rich, David Sullivan, I will save this club
Judge: AAARRRGGHHH. Case closed. Dismissed. Arrest that man for wasting my bloody time!
If only it were this simple.

User avatar
Lost Leopard Spot
Immortal
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

Post by Lost Leopard Spot » Wed Aug 14, 2019 11:55 am

Let's look on the bright side.
That's not a leopard!
頑張ってください

User avatar
Lost Leopard Spot
Immortal
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

Post by Lost Leopard Spot » Wed Aug 14, 2019 11:57 am

It's all gone eerily quiet on the court reporting front.
That's not a leopard!
頑張ってください

User avatar
palindromeofbolton
Hopeful
Hopeful
Posts: 240
Joined: Mon Dec 14, 2015 7:10 pm

Re: Administration and recovery

Post by palindromeofbolton » Wed Aug 14, 2019 12:05 pm

Worthy4England wrote:
Wed Aug 14, 2019 8:50 am
Bertie Wooster wrote:
Wed Aug 14, 2019 8:30 am
nicholaldo wrote:
Wed Aug 14, 2019 7:40 am
I don't think anything will get resolved today but I hope I'm wrong.
It simply has to be resolved one way or another today otherwise IMO the club is gone, last night showed that we need to bring a load of players in before the transfer window closes in a couple of weeks & unless its sorted today there is no one in control moving forward (FV are left in limbo) to do this, as we would still be in administration with no further funds available.

Its inexcusable if the judge adjourns the case today, someone from the administrators needs to either send a representative or a strongly worded letter to the judge outlining the damaging consequences of an adjournment. Bassini unbelievably says that he loves the club & is now a fan, but he also needs to be told that he will severely damage the club & will be even more hated by the fans if this rumbles on any longer.
The tin-foil hat in me, contemplates if this whole thing rumbled on either through Bassini or any other non-Bassini reason, somehow, past the transfer window, we'd be left with a really affordable squad...that was unlikely to win much but everyone could say "not our fault"...
Ironically, our wage bill as it stands is probably £9m, £10m lower than it has been in the past couple of seasons. Nullifies the loss of Championship TV and gate money and still a fair chunk left to eat into the c£6m/year losses KA had brought things down to, minus transfers.

Fan expectation also re-calibrated - who's expecting promotion this season? Bassini take note - we don't need to gamble the family silver on getting back to the Premier League within 20 minutes. We need some youth, home-grown talent, passion and desire to play for the badge.

Just a couple of L1 and a strange soft drink-sponsored cup game into the season, it's easy to see how some of the lads could build a profile that would take them comfortably into a 6-figure value bracket by the end of the season.

We obviously need more bodies and some wise heads thrown in if we're to have a chance of avoiding a double drop, but if the new owners (whoever that's going to be) were so inclined, this summer has, if nothing else, given them the chance to do things sustainably and from the bottom up, from this point.

Burnden Paddock
Passionate
Passionate
Posts: 3734
Joined: Wed Feb 02, 2011 8:14 pm
Location: Bury

Re: Administration and recovery

Post by Burnden Paddock » Wed Aug 14, 2019 12:06 pm

Lost Leopard Spot wrote:
Wed Aug 14, 2019 11:57 am
It's all gone eerily quiet on the court reporting front.

No phones allowed in the court apparently. No news until the whole thing is over, unless someone nips out for a piss!

User avatar
DJBlu
Site Admin
Posts: 8641
Joined: Wed Oct 12, 2005 7:38 pm

Re: Administration and recovery

Post by DJBlu » Wed Aug 14, 2019 12:06 pm

Lost Leopard Spot wrote:
Wed Aug 14, 2019 11:57 am
It's all gone eerily quiet on the court reporting front.
No phones allowed in the court room.

I suspect there will be a fight between everyone in there to get the news out first.

User avatar
Prufrock
Immortal
Immortal
Posts: 24006
Joined: Tue Mar 25, 2008 11:51 pm

Re: Administration and recovery

Post by Prufrock » Wed Aug 14, 2019 12:12 pm

Don't think there will be "news" yet. Expect the J to reserve judgement until the morning, unless they're done sharpish.
In a world that has decided
That it's going to lose its mind
Be more kind, my friends, try to be more kind.

User avatar
Prufrock
Immortal
Immortal
Posts: 24006
Joined: Tue Mar 25, 2008 11:51 pm

Re: Administration and recovery

Post by Prufrock » Wed Aug 14, 2019 12:13 pm

And, if the injunction is lifted, I wouldn't rule out the mad f*ck trying to speak to the Court of Appeal and asking for another interim injunction until that's heard.
In a world that has decided
That it's going to lose its mind
Be more kind, my friends, try to be more kind.

User avatar
Worthy4England
Immortal
Immortal
Posts: 32370
Joined: Wed May 16, 2007 6:45 pm

Re: Administration and recovery

Post by Worthy4England » Wed Aug 14, 2019 12:18 pm

Makes a bit of a nonsense of the "live reporting" blog that Mr Iles has set up...It's going to run

11:03 - Case about to begin...

and nothing...

User avatar
DJBlu
Site Admin
Posts: 8641
Joined: Wed Oct 12, 2005 7:38 pm

Re: Administration and recovery

Post by DJBlu » Wed Aug 14, 2019 12:19 pm

Worthy4England wrote:
Wed Aug 14, 2019 12:18 pm
Makes a bit of a nonsense of the "live reporting" blog that Mr Iles has set up...It's going to run

11:03 - Case about to begin...

and nothing...
Almost as good as his match updates.

Who is online

Users browsing this forum: Google [Bot] and 218 guests