Moderators Horwich Posted August 28, 2019 Moderators Share Posted August 28, 2019 12 minutes ago, Traf said: Not wanting to piss all over your enthusiasm, but it was pretty clear that last Saturday could well be our last home game. 4,700 turned out to see it. I’ve seen more than 4700 weapons on social media over the last 24 hours hours. lad at work “couldn’t sleep” last night fuck off. Doesn’t “support” BWFC, maybe likes to see em win Link to comment Share on other sites More sharing options...
SilentBob Posted August 28, 2019 Share Posted August 28, 2019 1 minute ago, Boothy said: Surely that would constitute blackmail? Not necessarily blackmail, just shady negotiation tactics, but it's Ken so not like it wasn't expected. He's only able to do it because the people involved know how much the club means to us. Any other business and he'd get told to fuck off and it'd go under. Link to comment Share on other sites More sharing options...
Okocha10 Posted August 28, 2019 Share Posted August 28, 2019 (edited) 16 minutes ago, Burndens Bogs said: Like someone said earlier (Danny G i think) i think KA has had this planned along - wait till the deal is very nearly done then reveal that he wants ED trust to write off the £7.5m loan debt and assurances that they won’t take legal action to chase him for it at a later date. In my opinion KA is preventing this takeover from happening and if he doesn’t get his way, he’ll be quite happy to see BWFC liquidated. I'm guessing it's this as well, but stuff like that this should never been allowed though what's ED's loan got to do with the money he is owed as a secured creditor. This what pisses me off most, how can you be allowed to change your demands, they should be set from the beginning of when we went into administration. Edited August 28, 2019 by Okocha10 Link to comment Share on other sites More sharing options...
Marc505 Posted August 28, 2019 Share Posted August 28, 2019 2 minutes ago, Horwich said: I’ve seen more than 4700 weapons on social media over the last 24 hours hours. lad at work “couldn’t sleep” last night fuck off. Doesn’t “support” BWFC, maybe likes to see em win There's very many who want an easy ride with football, want it just handed to them on a plate for them to consume at their leisure. Who's to say they're wrong? It's supposed to be a form of entertainment after all. If that's going to be the case though there's way too many full time clubs for it to be sustainable especially in this day and age. Link to comment Share on other sites More sharing options...
Site Supporter HomerJay Posted August 28, 2019 Site Supporter Share Posted August 28, 2019 (edited) 2 hours ago, Ros Coe said: Me too, this lad at work lives in Salford - supports Man U & Leeds (his dad is from Yarkshire) and has now bought a ST for Salford City.. 🙄 I've lost count of the number of lads that have gone manure to fcum to Salford to fcum to manure to Salford to fcum Wankers to a man Edited August 28, 2019 by HomerJay Link to comment Share on other sites More sharing options...
Marc505 Posted August 28, 2019 Share Posted August 28, 2019 Just now, HomerJay said: I've lost count of the number of lads that have gone manure to fcum to Salford to fcum to manure to Salford to fcum Wankers to a man We manage to get through this and there'll be a couple of fixtures against this lot next season, for sure. Link to comment Share on other sites More sharing options...
Burndens Bogs Posted August 28, 2019 Share Posted August 28, 2019 It pisses me off that an ex chairman can be so pivotal in the survival of our club - if KA doesn’t sign, the takeover doesn’t happen. Link to comment Share on other sites More sharing options...
Matthew1234 Posted August 28, 2019 Share Posted August 28, 2019 A lot of negativity on here this morning - It sounded last night like we were on the verge of things being done; surely we should remain cautiously optimistic? Link to comment Share on other sites More sharing options...
ex_midlandwhite Posted August 28, 2019 Share Posted August 28, 2019 We could do with a couple of home games this week so 25,000 people could donate £20, that would be a good start at least. I feel timing isn't on our side, no income for 4 weeks unless they sell STs which won't happen. Last Saturday really was the last chance to prove the club could be saved. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted August 28, 2019 Share Posted August 28, 2019 Just now, ex_midlandwhite said: We could do with a couple of home games this week so 25,000 people could donate £20, that would be a good start at least. I feel timing isn't on our side, no income for 4 weeks unless they sell STs which won't happen. Last Saturday really was the last chance to prove the club could be saved. What we need is the takeover going through. That's the only thing that can save us. And that's been the case for weeks now. Link to comment Share on other sites More sharing options...
Matty Posted August 28, 2019 Share Posted August 28, 2019 The takeover will go through today (that seems to be the line we are told each day) so let’s hope it’s true for today Link to comment Share on other sites More sharing options...
enzo gambaro Posted August 28, 2019 Share Posted August 28, 2019 3 minutes ago, ex_midlandwhite said: We could do with a couple of home games this week so 25,000 people could donate £20 Oh aye. Link to comment Share on other sites More sharing options...
Mantra Posted August 28, 2019 Share Posted August 28, 2019 Link to comment Share on other sites More sharing options...
Tombwfc Posted August 28, 2019 Share Posted August 28, 2019 (edited) It's not up to the average fan to fund people much richer (and who stand to make much more from all of this) while they play a game of chicken. If what we're led to believe is true (and I still think there must be more to it) EDT are either prepared to write off £7.5m or they aren't. Ken is either prepared to stop being a cunt or he isn't. That's the impasse we're told. Give them a week, a month, a year and that's still the decision that needs to be made. No benefit in dragging it out. Edited August 28, 2019 by Tombwfc Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 28, 2019 Share Posted August 28, 2019 19 minutes ago, Burndens Bogs said: It pisses me off that an ex chairman can be so pivotal in the survival of our club - if KA doesn’t sign, the takeover doesn’t happen. I’ll be gobsmacked if he signs, thought for a long time now he’d prefer liquidation. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted August 28, 2019 Share Posted August 28, 2019 1 minute ago, Tombwfc said: It's not up to the average fan to fund people much richer (and who stand to make much more from all of this) while they play a game of chicken. If what we're led to believe is true (and I still think there must be more to it) EDT are either prepared to write off £7.5m or they aren't. Ken is either prepared to stop being a cunt or he isn't. That's the impasse we're told. Give them a week, a month, a year and that's still the decision that needs to be made. No benefit in dragging it out. Isn't it more than some is being paid but what isn't is a question of who is liable for it and what security is used against it? That was my understanding. The EDT will not be allowed to just "write it off". They operate under trust rules. Ken isn't likely to want a situation where should something go awry (say remaining amount is secured against hotel but it goes bust) he is pursued for it down the line. The complexities of this are great - its not a simple thing to sort out. I imagine MJ will ultimately be asked to provide security or a guarantee to get around this. For a loan that has nowt to do with him. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted August 28, 2019 Share Posted August 28, 2019 2 minutes ago, Mounts Kipper said: I’ll be gobsmacked if he signs, thought for a long time now he’d prefer liquidation. If he does though he'll be liable for the loan repayment. I'm not convinced it makes sense for him. We'll see. Link to comment Share on other sites More sharing options...
SilentBob Posted August 28, 2019 Share Posted August 28, 2019 1 minute ago, bwfcfan5 said: If he does though he'll be liable for the loan repayment. I'm not convinced it makes sense for him. We'll see. Do you know how much he stands to make from the deal in general? How much is he owed as a secured creditor? I assume if he does want it liquidated to not be held liable for the loan, there would need to be a loophole he can use. He's got too much experience being a conman to not have his exit strategy planned. Link to comment Share on other sites More sharing options...
bwfcfan5 Posted August 28, 2019 Share Posted August 28, 2019 Just now, SilentBob said: Do you know how much he stands to make from the deal in general? How much is he owed as a secured creditor? I assume if he does want it liquidated to not be held liable for the loan, there would need to be a loophole he can use. He's got too much experience being a conman to not have his exit strategy planned. If he causes us liquidate he'll be liable. I don't know what he will make from the deal, not sure anyone does - he disputes the amounts he is owed and I doubt he'll be seeing a high % back. But if he gets a nice pay off and isn't liable for future debts isn't that a "win" for him? Link to comment Share on other sites More sharing options...
MalcolmW Posted August 28, 2019 Share Posted August 28, 2019 3 minutes ago, bwfcfan5 said: If he causes us liquidate he'll be liable. I don't know what he will make from the deal, not sure anyone does - he disputes the amounts he is owed and I doubt he'll be seeing a high % back. But if he gets a nice pay off and isn't liable for future debts isn't that a "win" for him? Today programme said the deal fell through on Saturday because one party wanted £250k to sign the deal. No names, no pack drill. Link to comment Share on other sites More sharing options...
SilentBob Posted August 28, 2019 Share Posted August 28, 2019 4 minutes ago, bwfcfan5 said: If he causes us liquidate he'll be liable. I don't know what he will make from the deal, not sure anyone does - he disputes the amounts he is owed and I doubt he'll be seeing a high % back. But if he gets a nice pay off and isn't liable for future debts isn't that a "win" for him? Yeah, that definitely goes down as a win for him, but if he makes a couple million out of the deal and then needs to put his hand in his pocket for a further £5m, he'll go the liquidation route everyday. I don't know what the loans from ED were secured against (so this could be a stupid question), but unless he personally guaranteed them and didn't loan them through his company/secure against club, how would he be liable? Link to comment Share on other sites More sharing options...
SilentBob Posted August 28, 2019 Share Posted August 28, 2019 Link to comment Share on other sites More sharing options...
Guest Posted August 28, 2019 Share Posted August 28, 2019 Is there a list of Ken’s restaurants, as I would like to avoid them in future? Or organise a dirty protest. ta Link to comment Share on other sites More sharing options...
Leyther_Matt Posted August 28, 2019 Share Posted August 28, 2019 11 minutes ago, SilentBob said: Can only be a positive, you'd think. Link to comment Share on other sites More sharing options...
chrisw99 Posted August 28, 2019 Share Posted August 28, 2019 9 minutes ago, boltondiver said: Is there a list of Ken’s restaurants, as I would like to avoid them in future? Or organise a dirty protest. ta Langan's Brasserie is one. I was reading tripadvisor reviews, sounds terrible. Link to comment Share on other sites More sharing options...
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