jayjayoghani Posted June 27, 2019 Share Posted June 27, 2019 3 hours ago, Casino said: I think we should flatten the reebok, develop the site and buy Gigg Lane Can we fit a ground on Moor lane bus station Link to comment Share on other sites More sharing options...
Mounts Kipper Posted June 27, 2019 Share Posted June 27, 2019 5 hours ago, jayjayoghani said: Can we fit a ground on Moor lane bus station Probably a 5 a side pitch with couple of thousand seats. Mind you that would be fit for purpose. 😂 Link to comment Share on other sites More sharing options...
Mounts Kipper Posted June 27, 2019 Share Posted June 27, 2019 9 hours ago, Casino said: I'm hearing that acquiring the hotel is a part of the FV plan That isn't proving easy Not sure how that fits with Iles reporting of the delay I think we should flatten the reebok, develop the site and buy Gigg Lane Why not get the rest of the deal done and worry about the hotel later. Link to comment Share on other sites More sharing options...
RoadRunnerFan Posted June 27, 2019 Share Posted June 27, 2019 3 minutes ago, Mounts Kipper said: Why not get the rest of the deal done and worry about the hotel later. Doing that takes 'no deal' off the table. 😀 Link to comment Share on other sites More sharing options...
Okocha10 Posted June 27, 2019 Share Posted June 27, 2019 9 hours ago, grego said: Seems I assumed correctly How does anything from here assume your right that they going to add a loan onto the club? Nobody has a clue what is going on Link to comment Share on other sites More sharing options...
Moderators Zico Posted June 27, 2019 Moderators Share Posted June 27, 2019 Be patient and all that, but I get the frustration, the longer the preseason goes on without proper preparation or a squad, the more likely we are for another season of looking down and not up Actually, starting on minus 12 I suspect we'll spend the whole season looking up KA is gone, a new buyer has been chosen and there's still nowt to get behind or get enthused about, all the while the squad looks to be getting smaller Link to comment Share on other sites More sharing options...
bwfcfan5 Posted June 27, 2019 Share Posted June 27, 2019 (edited) 15 minutes ago, ZicoKelly said: Be patient and all that, but I get the frustration, the longer the preseason goes on without proper preparation or a squad, the more likely we are for another season of looking down and not up Actually, starting on minus 12 I suspect we'll spend the whole season looking up KA is gone, a new buyer has been chosen and there's still nowt to get behind or get enthused about, all the while the squad looks to be getting smaller Yep. When the admin started I looked at what happened with other clubs and did fear the huge likelihood was it would drag on and cost us next season. It is not the administrator's fault that admin was filed for in May...should have been months before that. But I guess the mistake they made was declaring that HoTs would be done the day after a buyer selected (or at least putting an expectation out there) and suggesting via the press that the process could conclude quickly. That has led to a) concern as to what has changed and b) frustration that the forthcoming season is now almost without doubt going to be worse than last. The whole thing was new owners offered a fresh start, new impetus and yes we'd be -12 but it could be the start of a rebuild. Its likely now that whenever/if they do take over the rebuild won't start until the season after. And that could very likely be from league 2. I think much of the "twitter mob" anger stems from that realisation. It doesn't mean the process isn't taking a normal amount of time or that this result was pretty much nailed on as soon as admin in May was announced. But there was a glimmer of hope offered a few weeks ago that seemingly has now gone. The important thing is we still have a club next season. That was always the critical thing. So even if next season is a complete dud and we're relegated by Christmas its better than the alternative of a club being liquidated. Edited June 27, 2019 by bwfcfan5 Link to comment Share on other sites More sharing options...
Moderators Casino Posted June 27, 2019 Moderators Share Posted June 27, 2019 1 hour ago, Mounts Kipper said: Why not get the rest of the deal done and worry about the hotel later. Because the price for FV is higher if they have to buy it from somebody else, a certain Mr Anderson, for example It could be the difference of 2 or 3 million Link to comment Share on other sites More sharing options...
Moderators Casino Posted June 27, 2019 Moderators Share Posted June 27, 2019 Might be interesting who owns the car park at the hotel Is it football or hotel If it's football, I'd say that strengthens the hand of FV Where does the power come from Anything that weakens the bargaining position of a non FV purchaser has to be good news Link to comment Share on other sites More sharing options...
Okocha10 Posted June 27, 2019 Share Posted June 27, 2019 Whats the position of the secured creditors while we are in admin? , may have been discussed before, cba looking though. Do we need an agreement from them? ie an agreement from Ken Anderson & Davies family Link to comment Share on other sites More sharing options...
jmjhb Posted June 27, 2019 Share Posted June 27, 2019 Wycombe who we play on the first day only have 15 players. Seems to be a common theme at this level. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted June 27, 2019 Share Posted June 27, 2019 5 minutes ago, Okocha10 said: Whats the position of the secured creditors while we are in admin? , may have been discussed before, cba looking though. Do we need an agreement from them? ie an agreement from Ken Anderson & Davies family When you buy from admin you need to pay off secured creditors in full or reach an agreement with them for some other arrangement.... Link to comment Share on other sites More sharing options...
Okocha10 Posted June 27, 2019 Share Posted June 27, 2019 5 minutes ago, bwfcfan5 said: When you buy from admin you need to pay off secured creditors in full or reach an agreement with them for some other arrangement.... Wonder if that's all been agreed then or still haggling over this causing the delay Link to comment Share on other sites More sharing options...
bwfcfan5 Posted June 27, 2019 Share Posted June 27, 2019 Just now, Okocha10 said: Wonder if that's all been agreed then or still haggling over this causing the delay I imagine that is the delay BUT it is worrying as one would hope FV were around long enough to know the score and I can't help but think they might be trying to do this on the absolute cheap. Which I can't blame them for but ultimately we may be not much better off than we were under Ken. Link to comment Share on other sites More sharing options...
Marc505 Posted June 27, 2019 Share Posted June 27, 2019 Inner Circle Investments have filed their accounts, if anyone's arsed. Link to comment Share on other sites More sharing options...
Breightmet Boy Posted June 27, 2019 Share Posted June 27, 2019 12 hours ago, gonzo said: My old man? No he’s Mick Ramsden pal, ran the coach travel and even the club football team for a while. Big Ste LA white his star player ...ended up cleaning the windows too haha When he moved to Chorley he took over the supporters club there too. Think it was there they had the bus crash on the way back from Chelsea away (I think) on a night match. Phillis and her lad Thomas on board, flipped on its roof etc. Few might remember it on here. Sorry pal, i thought you meant the supporters club/executive suite at Burnden. I worked there mid 80's and wondered if it was Arthur who was your owe fella. Link to comment Share on other sites More sharing options...
Breightmet Boy Posted June 27, 2019 Share Posted June 27, 2019 33 minutes ago, bwfcfan5 said: When you buy from admin you need to pay off secured creditors in full or reach an agreement with them for some other arrangement.... The £10m payment to the Davies family for promotion to the Premiership, that's a payment and half. Does that need sorting first? Link to comment Share on other sites More sharing options...
Tombwfc Posted June 27, 2019 Share Posted June 27, 2019 1 hour ago, bwfcfan5 said: Yep. When the admin started I looked at what happened with other clubs and did fear the huge likelihood was it would drag on and cost us next season. It is not the administrator's fault that admin was filed for in May...should have been months before that. But I guess the mistake they made was declaring that HoTs would be done the day after a buyer selected (or at least putting an expectation out there) and suggesting via the press that the process could conclude quickly. That has led to a) concern as to what has changed and b) frustration that the forthcoming season is now almost without doubt going to be worse than last. The whole thing was new owners offered a fresh start, new impetus and yes we'd be -12 but it could be the start of a rebuild. Its likely now that whenever/if they do take over the rebuild won't start until the season after. And that could very likely be from league 2. I think much of the "twitter mob" anger stems from that realisation. It doesn't mean the process isn't taking a normal amount of time or that this result was pretty much nailed on as soon as admin in May was announced. But there was a glimmer of hope offered a few weeks ago that seemingly has now gone. The important thing is we still have a club next season. That was always the critical thing. So even if next season is a complete dud and we're relegated by Christmas its better than the alternative of a club being liquidated. Presumably the administrators aren't naive, and if it was inevitable that this process would drag on they wouldn't have said HoTs would be signed two weeks ago, then again last week and that the deal would be completed this week. Add in the fact that FV have previously gotten way down the road of taking us over before failing to find the cash to complete. Some of it is hysteria, some of it is a dawning realisation that our problems are far from over. But there are genuine red flags here also about this deal and it's chances of going through. Link to comment Share on other sites More sharing options...
Jol_BWFC Posted June 27, 2019 Share Posted June 27, 2019 1 hour ago, Casino said: Might be interesting who owns the car park at the hotel Is it football or hotel If it's football, I'd say that strengthens the hand of FV Where does the power come from Anything that weakens the bargaining position of a non FV purchaser has to be good news Easy enough to check, for a small fee. I’d be amazed if the hotel didn’t own it (or have a long leasehold interest in it) - as they would need control of it to ensure there is no risk to the operation of the hotel business. That said, where Ken is involved, anything is possible. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted June 27, 2019 Share Posted June 27, 2019 5 minutes ago, Tombwfc said: Presumably the administrators aren't naive, and if it was inevitable that this process would drag on they wouldn't have said HoTs would be signed two weeks ago, then again last week and that the deal would be completed this week. Add in the fact that FV have previously gotten way down the road of taking us over before failing to find the cash to complete. Some of it is hysteria, some of it is a dawning realisation that our problems are far from over. But there are genuine red flags here also about this deal and it's chances of going through. I think its a fair point. Administrators wouldn't have put a timescale on the heads of terms and a further statement for a laugh. Some of the people dismissing that are a bit disingenuous. Clearly something is not as expected. But I guess there could be a lot going on. However, the other way to look at it is most clubs are in admin for 4 months plus. There is a reason for that. The legalities are not simple. And whilst some things may have cropped up unexpectedly that is probably the nature of this process. Do I think there are "red flags"? Not really yet. But I do think the worry that FV have been here before and not completed and are seemingly facing another delay 6 months later isn't completely without concern. Link to comment Share on other sites More sharing options...
Ani Posted June 27, 2019 Share Posted June 27, 2019 (edited) 18 minutes ago, Tombwfc said: Presumably the administrators aren't naive, and if it was inevitable that this process would drag on they wouldn't have said HoTs would be signed two weeks ago, then again last week and that the deal would be completed this week. Add in the fact that FV have previously gotten way down the road of taking us over before failing to find the cash to complete. Some of it is hysteria, some of it is a dawning realisation that our problems are far from over. But there are genuine red flags here also about this deal and it's chances of going through. Did FV not have the funds or were they put off my undisclosed debt. Massive difference. Edited June 27, 2019 by Ani Link to comment Share on other sites More sharing options...
Site Supporter HomerJay Posted June 27, 2019 Site Supporter Share Posted June 27, 2019 Just now, Marc505 said: Inner Circle Investments have filed their accounts, if anyone's arsed. stand by for dissection Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted June 27, 2019 Site Supporter Share Posted June 27, 2019 1 hour ago, Marc505 said: Inner Circle Investments have filed their accounts, if anyone's arsed. Is it on the back of a packet of Silk Cut or Marlboro? Link to comment Share on other sites More sharing options...
Marc505 Posted June 27, 2019 Share Posted June 27, 2019 22 minutes ago, Spider said: Is it on the back of a packet of Silk Cut or Marlboro? I think they'd fit on there yes! Link to comment Share on other sites More sharing options...
darrener Posted June 27, 2019 Share Posted June 27, 2019 2 hours ago, Casino said: Because the price for FV is higher if they have to buy it from somebody else, a certain Mr Anderson, for example It could be the difference of 2 or 3 million If that's the case I doubt FV will get the deal done, the longer this goes on the less confident I am that we will have new owners by the start of the season Link to comment Share on other sites More sharing options...
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