Ken Anderson - Old Owner (Definitely. For Ever ..... )
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: Ken Anderson - New Owner (Definitely. For Now ..... )
It's a lawyers thing. I had heads of terms when buying a piece of land. It is a piece of paper that introduces what the other party wants to be legally binding in the full agreement. If you think in Brexit terminology it is the agreement about talking about an agreement.Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 1:27 pmI've never heard of "Heads of terms". Sounds like a temporary loan-deal thing when a school can't decide a Head Boy...
(Yeah, hopefully this means the fat lady's gargling.)
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: 28812
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
OK, ta (except for bringing up yon subject, but we'll get by)Lost Leopard Spot wrote: ↑Wed Feb 20, 2019 2:43 pmIt's a lawyers thing. I had heads of terms when buying a piece of land. It is a piece of paper that introduces what the other party wants to be legally binding in the full agreement. If you think in Brexit terminology it is the agreement about talking about an agreement.Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 1:27 pmI've never heard of "Heads of terms". Sounds like a temporary loan-deal thing when a school can't decide a Head Boy...
(Yeah, hopefully this means the fat lady's gargling.)
- 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: Ken Anderson - New Owner (Definitely. For Now ..... )
That was very naughty of me. I apologise.Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 3:24 pmOK, ta (except for bringing up yon subject, but we'll get by)Lost Leopard Spot wrote: ↑Wed Feb 20, 2019 2:43 pmIt's a lawyers thing. I had heads of terms when buying a piece of land. It is a piece of paper that introduces what the other party wants to be legally binding in the full agreement. If you think in Brexit terminology it is the agreement about talking about an agreement.Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 1:27 pmI've never heard of "Heads of terms". Sounds like a temporary loan-deal thing when a school can't decide a Head Boy...
(Yeah, hopefully this means the fat lady's gargling.)
That's not a leopard!
頑張ってください
頑張ってください
- TonyDomingos
- Passionate
- Posts: 2757
- Joined: Fri Jul 13, 2007 9:27 pm
- Location: Sarf East London
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Heads of terms (HoTs in the trade) are an agreement in principle. They are not binding on either party and either party can walk away at any point prior to a formal contract being signed (a bit like exchange when buying a house; better analogy than that above!).
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
- 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: Ken Anderson - New Owner (Definitely. For Now ..... )
Better analogy! How Very Dare You.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:03 pmHeads of terms (HoTs in the trade) are an agreement in principle. They are not binding on either party and either party can walk away at any point prior to a formal contract being signed (a bit like exchange when buying a house; better analogy than that above!).
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
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: 28812
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Latest round-up from Iles. Looks like we're getting to the point where we might be wondering if we're accepting an admin penalty this season or next... unless the takeover completes.
https://www.theboltonnews.co.uk/sport/1 ... at-bolton/
https://www.theboltonnews.co.uk/sport/1 ... at-bolton/
- TonyDomingos
- Passionate
- Posts: 2757
- Joined: Fri Jul 13, 2007 9:27 pm
- Location: Sarf East London
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Lost Leopard Spot wrote: ↑Wed Feb 20, 2019 4:12 pmBetter analogy! How Very Dare You.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:03 pmHeads of terms (HoTs in the trade) are an agreement in principle. They are not binding on either party and either party can walk away at any point prior to a formal contract being signed (a bit like exchange when buying a house; better analogy than that above!).
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
Better in the sense that it might be more palatable to DSB who doesn't appear to wholeheartedly welcome your reference to Brexit. Though whether that makes him a Remainer or a Leaver is unclear to me. But, of course, it doesn't need to be quite so binary. In keeping with the age, DSB might be "fluid" on this and other matters.
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
- Dave Sutton's barnet
- Immortal
- Posts: 28812
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Reasonably certain on my position, but even more certain that the entire topic can ruin just about any gathering.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:59 pmLost Leopard Spot wrote: ↑Wed Feb 20, 2019 4:12 pmBetter analogy! How Very Dare You.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:03 pmHeads of terms (HoTs in the trade) are an agreement in principle. They are not binding on either party and either party can walk away at any point prior to a formal contract being signed (a bit like exchange when buying a house; better analogy than that above!).
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
Better in the sense that it might be more palatable to DSB who doesn't appear to wholeheartedly welcome your reference to Brexit. Though whether that makes him a Remainer or a Leaver is unclear to me. But, of course, it doesn't need to be quite so binary. In keeping with the age, DSB might be "fluid" on this and other matters.
-
- Hopeful
- Posts: 66
- Joined: Mon Oct 01, 2012 11:44 am
- Location: Horwich
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
I’ve lost track again. Are the most further forward potential buyers in the Mark Warburton camp? And whatever happened to the Fred Done rumouring?
- TonyDomingos
- Passionate
- Posts: 2757
- Joined: Fri Jul 13, 2007 9:27 pm
- Location: Sarf East London
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Any gathering, including Christmas Day with the in-laws at our house.Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 5:15 pmReasonably certain on my position, but even more certain that the entire topic can ruin just about any gathering.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:59 pmLost Leopard Spot wrote: ↑Wed Feb 20, 2019 4:12 pmBetter analogy! How Very Dare You.TonyDomingos wrote: ↑Wed Feb 20, 2019 4:03 pmHeads of terms (HoTs in the trade) are an agreement in principle. They are not binding on either party and either party can walk away at any point prior to a formal contract being signed (a bit like exchange when buying a house; better analogy than that above!).
Presumably, Ken is signalling to other potential buyers that they need to up their bids to stand a chance of gazumping a party that appears to be most of the way to finalising a deal.
I'm still in the "it'll never happen" camp.
Better in the sense that it might be more palatable to DSB who doesn't appear to wholeheartedly welcome your reference to Brexit. Though whether that makes him a Remainer or a Leaver is unclear to me. But, of course, it doesn't need to be quite so binary. In keeping with the age, DSB might be "fluid" on this and other matters.
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
- Dave Sutton's barnet
- Immortal
- Posts: 28812
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Oof. And in all those gatherings, not once have I heard a single soul from either side say “I hadn’t looked at it that way. You might be right.”TonyDomingos wrote: ↑Wed Feb 20, 2019 6:28 pmAny gathering, including Christmas Day with the in-laws at our house.
I too would appreciate this catch-up service. Who’s Basran? I thought that meant someone from Basra. Is he?Joggers Nipple wrote: ↑Wed Feb 20, 2019 6:23 pmI’ve lost track again. Are the most further forward potential buyers in the Mark Warburton camp? And whatever happened to the Fred Done rumouring?
- officer_dibble
- Immortal
- Posts: 14092
- Joined: Sun Oct 17, 2004 9:33 pm
- Location: Leeds
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
I think my money is on Ken rocking up on the 20th March to court having done an 11th hour deal to sell the club, probably with players wages delayed again. Unknown is the Davies family loan I guess - who knows what their views on Ken are and how much they can be pushed on it.
-
- Promising
- Posts: 257
- Joined: Mon Dec 05, 2005 12:23 pm
- Location: Rochdale
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
This chap.... https://twitter.com/parminderbasranDave Sutton's barnet wrote: ↑Wed Feb 20, 2019 6:51 pmOof. And in all those gatherings, not once have I heard a single soul from either side say “I hadn’t looked at it that way. You might be right.”TonyDomingos wrote: ↑Wed Feb 20, 2019 6:28 pmAny gathering, including Christmas Day with the in-laws at our house.
I too would appreciate this catch-up service. Who’s Basran? I thought that meant someone from Basra. Is he?Joggers Nipple wrote: ↑Wed Feb 20, 2019 6:23 pmI’ve lost track again. Are the most further forward potential buyers in the Mark Warburton camp? And whatever happened to the Fred Done rumouring?
The Sherpa Van Trophy! We've won it one time!
- TonyDomingos
- Passionate
- Posts: 2757
- Joined: Fri Jul 13, 2007 9:27 pm
- Location: Sarf East London
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
chester white wrote: ↑Wed Feb 20, 2019 9:12 pmThis chap.... https://twitter.com/parminderbasranDave Sutton's barnet wrote: ↑Wed Feb 20, 2019 6:51 pmOof. And in all those gatherings, not once have I heard a single soul from either side say “I hadn’t looked at it that way. You might be right.”TonyDomingos wrote: ↑Wed Feb 20, 2019 6:28 pmAny gathering, including Christmas Day with the in-laws at our house.
I too would appreciate this catch-up service. Who’s Basran? I thought that meant someone from Basra. Is he?Joggers Nipple wrote: ↑Wed Feb 20, 2019 6:23 pmI’ve lost track again. Are the most further forward potential buyers in the Mark Warburton camp? And whatever happened to the Fred Done rumouring?
And from that, I learn that he spends too much time on Twitter to run a football club.
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
-
- Passionate
- Posts: 2414
- Joined: Mon Feb 12, 2018 8:23 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Dave Sutton's barnet wrote: ↑Wed Feb 20, 2019 6:51 pmOof. And in all those gatherings, not once have I heard a single soul from either side say “I hadn’t looked at it that way. You might be right.”TonyDomingos wrote: ↑Wed Feb 20, 2019 6:28 pmAny gathering, including Christmas Day with the in-laws at our house.
I too would appreciate this catch-up service. Who’s Basran? I thought that meant someone from Basra. Is he?Joggers Nipple wrote: ↑Wed Feb 20, 2019 6:23 pmI’ve lost track again. Are the most further forward potential buyers in the Mark Warburton camp? And whatever happened to the Fred Done rumouring?
From what I can gather, he's fronting the consortium which is believed to be furthest ahead in the negotiations. It's not clear if he would be a shareholder should a deal be completed or if he's merely in charge of negotiations but there's certainly enough public information about him to keep us all intrigued. My understanding is also that it's his consortium that Mark Warburton is involved with.
I haven't yet been able to confirm if he's a Basran in a native sense, though.
-
- Passionate
- Posts: 2414
- Joined: Mon Feb 12, 2018 8:23 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
I hadn't read this article by Alan Nixon when posting above but it pretty much confirms things, including Basran's place of birth.
- Dave Sutton's barnet
- Immortal
- Posts: 28812
- Joined: Sun May 14, 2006 4:00 pm
- Location: Hanging on in quiet desperation
- Contact:
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
Ta. Also:
https://vgcp.co.uk/parminder-basran/
https://beta.companieshouse.gov.uk/offi ... pointments
https://www.vccircle.com/facebook-co-fo ... ing-india/
https://www.theboltonnews.co.uk/news/17 ... -takeover/
"Basran, who is originally from Cheshire, with a family who made money in food manufacture, hotels and restaurants.
He is a founder and managing partner at growth capital firm VGC Partners and runs a private equity fund backed by Eduardo Savarin, one of the co-founders of Facebook.
He also has a share in the 10ten talent agency, owned by Terry Byrne and Brazil legend Pele, who boast a number of high-profile clients including England boss Gareth Southgate, Michael Carrick, Joe Cole, Glenn Hoddle and Eidur Gudjohnsen.
A company entitled Football Ventures (Whites) Limited was launched in January to facilitate the bid for Wanderers.
Sharon Brittan is the other named director at FVWL, a businesswoman with a background in asset management and property development. She also worked with Pink Floyd’s Nick Mason on an office project called Britannia Row and has a footballing background, her father having once served in the backroom staff at Burnley."
https://vgcp.co.uk/parminder-basran/
https://beta.companieshouse.gov.uk/offi ... pointments
https://www.vccircle.com/facebook-co-fo ... ing-india/
https://www.theboltonnews.co.uk/news/17 ... -takeover/
"Basran, who is originally from Cheshire, with a family who made money in food manufacture, hotels and restaurants.
He is a founder and managing partner at growth capital firm VGC Partners and runs a private equity fund backed by Eduardo Savarin, one of the co-founders of Facebook.
He also has a share in the 10ten talent agency, owned by Terry Byrne and Brazil legend Pele, who boast a number of high-profile clients including England boss Gareth Southgate, Michael Carrick, Joe Cole, Glenn Hoddle and Eidur Gudjohnsen.
A company entitled Football Ventures (Whites) Limited was launched in January to facilitate the bid for Wanderers.
Sharon Brittan is the other named director at FVWL, a businesswoman with a background in asset management and property development. She also worked with Pink Floyd’s Nick Mason on an office project called Britannia Row and has a footballing background, her father having once served in the backroom staff at Burnley."
- TANGODANCER
- Immortal
- Posts: 43327
- 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: Ken Anderson - New Owner (Definitely. For Now ..... )
Can you feel it, can you feel it...?
Si Deus pro nobis, quis contra nos?
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
More and more I'm getting the feeling we are moving from a Blackpool type ownership to a mass chicken trader type and the future is very bleak.
- BWFC_Insane
- Immortal
- Posts: 36387
- Joined: Mon Jul 09, 2007 4:07 pm
Re: Ken Anderson - New Owner (Definitely. For Now ..... )
We know absolutely nowt about any potential new owners and where the money for the deal is coming from. It is correct to be wary but equally saying things will be bleak or bright - is just total guesswork.
Bottom line - no takeover and then things get bleak. At least if someone buys us there is hope we can survive and rebuild. Hope.
Who is online
Users browsing this forum: Bing [Bot] and 91 guests