Escobarp Posted August 22, 2019 Share Posted August 22, 2019 1 minute ago, enzo gambaro said: https://www.lawinsider.com/clause/perfection-of-appointment That refers to granting a security or executing a deed. It intimates that somebody need to ratify the granting of something. Example would be somebody not having the power to sign off on something. I can’t see why this would need. A court to intervene unless somebody mischievous is claiming that somebody doesn’t have the power or authority to do so and thus try and halt the process Link to comment Share on other sites More sharing options...
Sluffy Posted August 22, 2019 Share Posted August 22, 2019 1 minute ago, Escobarp said: You’re almost there sluffy although it could be either way. FV - insufficient upfront cash for Kenneth so he challenges as secured creditor Other preferred bidder - PBP refuse to accept it as secured creditor as they want to force hotel to get the club too but which one is it? I will let you decide and casino reveal all shortly maybe? Thanks. If the Kamani has been leaked as the Administrators recommendation then it most be PBP appealing. Not sure though what grounds they have unless they believe the Administrator has acted in someway improperly in carrying out this Administration and it has detrimentally effected their position. I'm out of my depth to know if the actions of one Administration could fatally effect the outcome of another Administration and by doing so be detrimental to its creditors in such a way to have a bearing on the judges consideration in coming to his decision? If Kamani win prevents FV from completing on buying the club and the Administrator liquidates, then the footballing creditors have had their position as footballing creditors adversely effected. No doubt Appleton would support PBP's appeal. That's my thinking Link to comment Share on other sites More sharing options...
Escobarp Posted August 22, 2019 Share Posted August 22, 2019 Just now, Sluffy said: Thanks. If the Kamani has been leaked as the Administrators recommendation then it most be PBP appealing. Not sure though what grounds they have unless they believe the Administrator has acted in someway improperly in carrying out this Administration and it has detrimentally effected their position. I'm out of my depth to know if the actions of one Administration could fatally effect the outcome of another Administration and by doing so be detrimental to its creditors in such a way to have a bearing on the judges consideration in coming to his decision? If Kamani win prevents FV from completing on buying the club and the Administrator liquidates, then the footballing creditors have had their position as footballing creditors adversely effected. No doubt Appleton would support PBP's appeal. That's my thinking Not linked sluffy. Separate businesses. Each admin needs to act in bets interest of the creditors of that entity to which he’s appointed only. He has no duty if care to anyone Else Link to comment Share on other sites More sharing options...
Sluffy Posted August 22, 2019 Share Posted August 22, 2019 Just now, Escobarp said: Not linked sluffy. Separate businesses. Each admin needs to act in bets interest of the creditors of that entity to which he’s appointed only. He has no duty if care to anyone Else Fair enough, I did think it was unlikely but as I said I was out of my depth knowledge wise. At least if PBP are appealing the Administrators recommendation, then it isn't just all about them finding the best way to recover their money and walking away. They must feel there is more to the situation then exiting without a loss - hopefully the survival of the club is really a big part of their strategy. I guess if they lost they could still do a deal with Kamani to buy the club as Preferred Bidders already and sell on immediately to Kamani as at least the stadium comes with the club and the Kamani's could complete the deal FV had initially lined up for themselves. Saves the delay and uncertainty of the Kamani's buying the stadium in a liquidation sale I suppose? Don't know the costs v risk ratio's would be favourable though. I still would have thought it would have been wiser for all to wait to the Bassini court hearing to be determined on the 2nd September if it in fact was, as that removes a great deal of uncertainty looming over everything - who knows maybe its Bassini who has thrown in the perfection of appointment hand grenade (if one has indeed been thrown in?) if he's claiming the hotel Administrator does not have the power to sign off the hotel to a new owner - because he believes he already owns it? Link to comment Share on other sites More sharing options...
ZiggyStardust Posted August 22, 2019 Share Posted August 22, 2019 2 hours ago, Chris Custodiet said: Can anyone tell me where Talksport, the two Baronnesses, Kieran Maguire or any newspaper in the land has corrected the esteemed Simon Jordan's misstatement of the facts, as reported in the Beeno? Talksport are driven by listener phone-ins. I assume you have been attempting, daily, to get on-air to correct him ? And if not, may I ask why not, as it so obviously a bugbear of yours. Or do you find it easier to complain, rather than do ? Link to comment Share on other sites More sharing options...
Matthew1234 Posted August 22, 2019 Share Posted August 22, 2019 (edited) Anyone else concerned that if the Kamani backed group get the hotel, that they won’t want the club and we either a) end up in liquidation or b) we end up with Bassini? Edited August 22, 2019 by Matthew1234 Link to comment Share on other sites More sharing options...
Escobarp Posted August 22, 2019 Share Posted August 22, 2019 3 minutes ago, Sluffy said: Fair enough, I did think it was unlikely but as I said I was out of my depth knowledge wise. At least if PBP are appealing the Administrators recommendation, then it isn't just all about them finding the best way to recover their money and walking away. They must feel there is more to the situation then exiting without a loss - hopefully the survival of the club is really a big part of their strategy. I guess if they lost they could still do a deal with Kamani to buy the club as Preferred Bidders already and sell on immediately to Kamani as at least the stadium comes with the club and the Kamani's could complete the deal FV had initially lined up for themselves. Saves the delay and uncertainty of the Kamani's buying the stadium in a liquidation sale I suppose? Don't know the costs v risk ratio's would be favourable though. I still would have thought it would have been wiser for all to wait to the Bassini court hearing to be determined on the 2nd September if it in fact was, as that removes a great deal of uncertainty looming over everything - who knows maybe its Bassini who has thrown in the perfection of appointment hand grenade (if one has indeed been thrown in?) if he's claiming the hotel Administrator does not have the power to sign off the hotel to a new owner - because he believes he already owns it? Possibly pal but we are all speculating really. Hopefully some clarity shortly and then some action and we get the whole thing sorted and our club back on the road to health Link to comment Share on other sites More sharing options...
Sluffy Posted August 22, 2019 Share Posted August 22, 2019 17 minutes ago, Escobarp said: Possibly pal but we are all speculating really. Hopefully some clarity shortly and then some action and we get the whole thing sorted and our club back on the road to health Absolutely agree. Dark days but we must get through them somehow. My grandfather and father supported the club before me and I in turn took my cousins and nephews to the games when they were little and now my nephew takes his son to watch them still (they were Season Ticket holders last year and will be again once the mess is sorted) - so that's five generations of my family dating back to before the first world war! It can't end now. Bolton Wanderers forever. Link to comment Share on other sites More sharing options...
Andy Gee Posted August 22, 2019 Share Posted August 22, 2019 35 minutes ago, Matthew1234 said: Anyone else concerned that if the Kamani backed group get the hotel, that they won’t want the club and we either a) end up in liquidation or b) we end up with Bassini? Can't see the logic in buying a hotel then liquidating the club. Then you would own a hotel attached to a defunct stadium in a town where you will instantly become hated. Not the best business plan. Link to comment Share on other sites More sharing options...
DomRepWanderer Posted August 22, 2019 Share Posted August 22, 2019 2 minutes ago, Andy Gee said: Can't see the logic in buying a hotel then liquidating the club. Then you would own a hotel attached to a defunct stadium in a town where you will instantly become hated. Not the best business plan. They then buy the ground out of liquidation, then develop the land, loads of money in it for them if that's their plan. Link to comment Share on other sites More sharing options...
Site Supporter Popular Post Ratwhite Posted August 22, 2019 Site Supporter Popular Post Share Posted August 22, 2019 Been a Trotter 48 years. My Dad took me when I was 4. Used to sit me in the Wing Stand and feed me fisherman's friends as "sweets" and if I wanted a drink it was his his Rum and coffee (he was an ex Para and Miner from Bongs).. Today I had to visit Citys training ground for work. I was blown away....the U23 / City ladies team stadium is nothing short of amazing. As is the rest of the complex ( robot lawn mowers - I kid you not). Got back in my car and sat thinking, as I pulled out an Audi ( racing type car - fuck knows what, I dont do cars, I do Adidas, I'm a Bolton fan) pulled in, I let him passed and didn't recognise the driver.. it was probably some U23 player. I stopped again and lit a fag and shook my head..... This kid in a car ( dont begrudge him anything, lads done well), will never know a shift our kids "were forced too" put in on Saturday. Our beautiful game is so, so very fucked its possibly broken for good. I dont really care for Bury (they're like Wigan but I have more respect for them, because of my age), we cant complain because we had our time in the sun. BUT - if this is how it is. The modern game wont last long. Not without Bury, Notts County, Coventry, Us and all other clubs tettering on the edge... Rant over Ratwhite Atherton aged 52 and 3/4 Link to comment Share on other sites More sharing options...
Pricey Posted August 22, 2019 Share Posted August 22, 2019 1 minute ago, Ratwhite said: Been a Trotter 48 years. My Dad took me when I was 4. Used to sit me in the Wing Stand and feed me fisherman's friends as "sweets" and if I wanted a drink it was his his Rum and coffee (he was an ex Para and Miner from Bongs).. Today I had to visit Citys training ground for work. I was blown away....the U23 / City ladies team stadium is nothing short of amazing. As is the rest of the complex ( robot lawn mowers - I kid you not). Got back in my car and sat thinking, as I pulled out an Audi ( racing type car - fuck knows what, I dont do cars, I do Adidas, I'm a Bolton fan) pulled in, I let him passed and didn't recognise the driver.. it was probably some U23 player. I stopped again and lit a fag and shook my head..... This kid in a car ( dont begrudge him anything, lads done well), will never know a shift our kids "were forced too" put in on Saturday. Our beautiful game is so, so very fucked its possibly broken for good. I dont really care for Bury (they're like Wigan but I have more respect for them, because of my age), we cant complain because we had our time in the sun. BUT - if this is how it is. The modern game wont last long. Not without Bury, Notts County, Coventry, Us and all other clubs tettering on the edge... Rant over Ratwhite Atherton aged 52 and 3/4 Well said pal, well said Link to comment Share on other sites More sharing options...
stevieb Posted August 22, 2019 Share Posted August 22, 2019 Went to city u23s v Bolton u23s in that cup final a few years back. We won 1 nil and my city mate was saying even then academy lads who will never make it anywhere near the first team are on £5k a week. Mental. Link to comment Share on other sites More sharing options...
Andy Gee Posted August 22, 2019 Share Posted August 22, 2019 9 minutes ago, DomRepWanderer said: They then buy the ground out of liquidation, then develop the land, loads of money in it for them if that's their plan. Surely there are a lot better places to buy land though? Link to comment Share on other sites More sharing options...
Leyther_Matt Posted August 22, 2019 Share Posted August 22, 2019 3 minutes ago, Andy Gee said: Surely there are a lot better places to buy land though? Right by a train station, motorway junction and one of the biggest retail parks in the country? Prime real estate. Link to comment Share on other sites More sharing options...
Matty Posted August 22, 2019 Share Posted August 22, 2019 Maybe they want it for rats https://www.manchestereveningnews.co.uk/news/greater-manchester-news/boohooman-under-fire-sharing-sickening-16798805 Link to comment Share on other sites More sharing options...
DomRepWanderer Posted August 22, 2019 Share Posted August 22, 2019 Alan Nixon All comes out in the wash tomorrow. @reluctantnicko any news on the hotel court case result? Or will it not be known until tomorrow? Link to comment Share on other sites More sharing options...
Site Supporter RONNIE PHILLIPS Posted August 22, 2019 Site Supporter Share Posted August 22, 2019 3 minutes ago, DomRepWanderer said: Alan Nixon All comes out in the wash tomorrow. @reluctantnicko any news on the hotel court case result? Or will it not be known until tomorrow? If they made a film about this saga they may as well call it Tomorrow never comes. Link to comment Share on other sites More sharing options...
ytarmyleigh Posted August 22, 2019 Share Posted August 22, 2019 16 minutes ago, Pricey said: Well said pal, well said I was brought up in the wing stand as a kid. Dad used to lift me over turnstile. Love this club. Link to comment Share on other sites More sharing options...
tyldesley_white Posted August 22, 2019 Share Posted August 22, 2019 13 minutes ago, RONNIE PHILLIPS said: If they made a film about this saga they may as well call it Tomorrow never comes. The day after tomorrow would be better Link to comment Share on other sites More sharing options...
Okocha10 Posted August 22, 2019 Share Posted August 22, 2019 (edited) we’ve got this shit he’s posted as well Edited August 22, 2019 by Okocha10 Link to comment Share on other sites More sharing options...
Pricey Posted August 22, 2019 Share Posted August 22, 2019 3 minutes ago, Okocha10 said: we’ve got this shit he’s posted as well What the fuck is he talking about Link to comment Share on other sites More sharing options...
marcx666 Posted August 22, 2019 Share Posted August 22, 2019 4 minutes ago, Pricey said: What the fuck is he talking about I'd ask him but I've been blocked for years Link to comment Share on other sites More sharing options...
DomRepWanderer Posted August 22, 2019 Share Posted August 22, 2019 (edited) 5 minutes ago, Pricey said: What the fuck is he talking about Think he's referring to a fable about the boy who cried wolf, one day there really was a wolf. Edited August 22, 2019 by DomRepWanderer Link to comment Share on other sites More sharing options...
Site Supporter HomerJay Posted August 22, 2019 Site Supporter Share Posted August 22, 2019 im glad nixon finds it funny. prick Link to comment Share on other sites More sharing options...
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