Administration and recovery

[BWFC_Insane]

If this Kamani / Boohoo bid for the hotel is true as is being reported by Nixon, who is feeding him this information - surely if they were close to the deal or ITK they would be under NDA's and why would they confide in him ?

There are plenty of people who would know who would benefit from this being public knowledge.

And I really don’t think this has helped at all. In any way. In fact this could be disastrous all round.

Of course the twitter land will be full of people rejoicing at the though of billionaires buying us. This is a perilous position now in my view....

I agree that its not good or in any way helpful, the deal needs to be completed ASAP this week - but in a way it serves FV right for pissing about, they have had long enough to get this sorted but they keep dragging their feet - as I said earlier the fans are getting sick & tired of waiting for FV to complete.

Perhaps the way forward is for the Kamani's to give FV a few £M to enable them to complete in the next day or so, and then FV flip the deal or is it flipping the deal ? or something along those lines.

The deal was there on Friday. It didn’t because of one man...stopping that from happening. A man with a vested interest in driving up the hotel price because he’s been unable to claim his money from the club deal.

...and you talk about conspiracies!.

The difference being - others like Marc Iles are saying the same....

[Lost Leopard Spot]

Adam Kamani
@AdamKamani
·
2m
Hi guys, we aren’t interested in buying the football club, however we did ask the administrators about the hotel situation which we haven’t heard back from yet ‍♂️- wish you all the success in the future and hope you get this situation sorted! Good luck guys #bwfc

That is pretty definitive.

Yeah, real definitive!
So, if they've merely 'asked the administrators' about the hotel (not the football club) backed up by a £4million wedge in cold cash, d'ya think Quantuma are going to prefer the ropey bid which includes £3million pounds of cash owed back to the creditors who are the bidders who are the partial creditees???
That definitive huh?

[BWFC_Insane]

Adam Kamani
@AdamKamani
·
2m
Hi guys, we aren’t interested in buying the football club, however we did ask the administrators about the hotel situation which we haven’t heard back from yet ‍♂️- wish you all the success in the future and hope you get this situation sorted! Good luck guys #bwfc

That is pretty definitive.

Yeah, real definitive!
So, if they've merely 'asked the administrators' about the hotel (not the football club) backed up by a £4million wedge in cold cash, d'ya think Quantuma are going to prefer the ropey bid which includes £3million pounds of cash owed back to the creditors who are the bidders who are the partial creditees???
That definitive huh?

PbP are owed 5.5M. And are lead secured creditors. FV are converting that 5.5M into equity in the re-combined business. So the cash needed for them to match the 7M offer (if it exists) is £1.5M to pay off Ken + unsecureds. (Which is well under the amount Ken claims is owed).

Its very tricky for anyone to get the hotel other than FV unless they offer silly money OR Mike James and Tom Morris decide the cash offer is preferable to them. James will not harm the club - so that cash would be contingent on the club also being safe and appropriately run. Or if FV have no cash to offer - which is possible.

[Bertie Wooster]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

[BWFC_Insane]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

What I find odd is - they've not even allowed Coventry to start selling away tickets...

One can perhaps understand the issue with home tickets but surely the away allocation could be sold through Coventry.....I find that odd. Perhaps I'm just thinking too hard.

[Dave Sutton's barnet]

Possibly, just possibly, they're trying to tough-love it to completion by being a bit awkward rather than saying "Yeah, do what you want, we'll bend over for you".

But then they bend over for us anyway, like accepting three new player registrations on a matchday, which is one reason I didn't join in with the lusty renditions for "F**k the EFL" which rang around the away end. I understand the chants, and I think the EFL governance frequently stinks, but I think we only need look up the A58 for evidence of how much less helpful the EFL can be. Unless of course they're trying to tough-love Bury into... ah, but we can second-guess forever, and that's exactly what we do to while away the ages.

[BWFC_Insane]

Possibly, just possibly, they're trying to tough-love it to completion by being a bit awkward rather than saying "Yeah, do what you want, we'll bend over for you".

But then they bend over for us anyway, like accepting three new player registrations on a matchday, which is one reason I didn't join in with the lusty renditions for "F**k the EFL" which rang around the away end. I understand the chants, and I think the EFL governance frequently stinks, but I think we only need look up the A58 for evidence of how much less helpful the EFL can be. Unless of course they're trying to tough-love Bury into... ah, but we can second-guess forever, and that's exactly what we do to while away the ages.

That only works if EFL release a statement followed by a response from club administrator.

I worry its going to take that but then it becomes a huge game of chicken....

[Bertie Wooster]

So Michael James who's apparently a loyal life long Bolton fan would play chicken with his beloved football club ? that's strange.

[Bruce Rioja]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

There are interweb rumblings being circulated by unverified types that ticket news is imminent. Still, finality to the cake and arse party that's been our takeover has been imminent for weeks.

My guess is that when they do make an announcement regarding tickets, everyone's going to have to have access to a printer.

[BWFC_Insane]

So Michael James who's apparently a loyal life long Bolton fan would play chicken with his beloved football club ? that's strange.

No. If you're trying to stop a secured creditor from blocking the deal - you might have to risk an alternative outcome that they won't like......

[Dave Sutton's barnet]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

There are interweb rumblings being circulated by unverified types that ticket news is imminent. Still, finality to the cake and arse party that's been our takeover has been imminent for weeks.

My guess is that when they do make an announcement regarding tickets, everyone's going to have to have access to a printer.

QR codes, Bruce. It's the future (four years ago)

[BWFC_Insane]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

There are interweb rumblings being circulated by unverified types that ticket news is imminent. Still, finality to the cake and arse party that's been our takeover has been imminent for weeks.

My guess is that when they do make an announcement regarding tickets, everyone's going to have to have access to a printer.

Wycombe managed barcodes on phones....I think we've got tech for that...at least hardware...not sure on software....

[Bruce Rioja]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

There are interweb rumblings being circulated by unverified types that ticket news is imminent. Still, finality to the cake and arse party that's been our takeover has been imminent for weeks.

My guess is that when they do make an announcement regarding tickets, everyone's going to have to have access to a printer.

QR codes, Bruce. It's the future (four years ago)

I considered that also, DSB, however, not everybody has the requisite kit

[Dave Sutton's barnet]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

There are interweb rumblings being circulated by unverified types that ticket news is imminent. Still, finality to the cake and arse party that's been our takeover has been imminent for weeks.

My guess is that when they do make an announcement regarding tickets, everyone's going to have to have access to a printer.

QR codes, Bruce. It's the future (four years ago)

I considered that also, DSB, however, not everybody has the requisite kit

True but if they can print a ticket they can print a QR code

[Lost Leopard Spot]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

What I find odd is - they've not even allowed Coventry to start selling away tickets...

One can perhaps understand the issue with home tickets but surely the away allocation could be sold through Coventry.....I find that odd. Perhaps I'm just thinking too hard.

Coventry are in as much deep shit as we are. Or had that escaped your attention?

[Bertie Wooster]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

What I find odd is - they've not even allowed Coventry to start selling away tickets...

One can perhaps understand the issue with home tickets but surely the away allocation could be sold through Coventry.....I find that odd. Perhaps I'm just thinking too hard.

Coventry are in as much deep shit as we are. Or had that escaped your attention?

I really don't think that they are, they have just signed a striker for £750k - we don't even have a striker !

[Worthy4England]

With the usual lack of progress by FV, I have a feeling that the Coventry game on Saturday may be called off unless something happens in the next 2 hours or so.

What I find odd is - they've not even allowed Coventry to start selling away tickets...

One can perhaps understand the issue with home tickets but surely the away allocation could be sold through Coventry.....I find that odd. Perhaps I'm just thinking too hard.

Coventry are in as much deep shit as we are. Or had that escaped your attention?

They've just signed a midfielder for actual money (well actual "undisclosed" money) - so maybe they're a few yards in front of us!

[Worthy4England]

Oh was it a striker!

[Worthy4England]

Mind you, we bought a striker for actual money last year - we just never allegedly paid it....so maybe not!

[Bertie Wooster]

They are way ahead of us as it stands today - we are playing a 44 game season on -12 points with no players, as we aren't beating Coventry on Saturday (if the game goes ahead) with the same team as last Saturday.