Take Over

[leadfrog1 20]

2 minutes ago, Mantra said:

So, Benny. You think the admins are distorting the truth to get FV over the line for some reason?

Not telling the whole truth isn't the same as lying. Who knows really? Well apart from the admin themselves :lol:

[Casino 2,360]

2 minutes ago, RUREADY2ROLL said:

The point I am making is should the EFL not have made the statement then would the admin still have gone into liquidation Wednesday? Or more likely the administrators and the EFL are pushing this together

I'm convinced EFL statement was as a result of FV pressure

Admin, maybe the same and there could be finds in the pot, but I'm going for our pockets being empty

 

 

What o would say is that of I was Anderson and I stood to be millions down, I'd be playing hard ball to reduce my losses

If I was a million or 2 up, I'd deal differently

[Benny The Ball 184]

1 minute ago, Mantra said:

So, Benny. You think the admins are distorting the truth to get FV over the line for some reason?

I think there are a whole lot of people being economic with the truth and feeding us a version of events they want us to buy into and to not question 

 

 

[Mantra 100]

Hopefully all becomes clear soon enough

[Casino 2,360]

8 minutes ago, Benny The Ball said:

I think there are a whole lot of people being economic with the truth and feeding us a version of events they want us to buy into and to not question 

 

 

I know it's easier to suggest it than to prove it, but I suspect you have a theory why?

Especially in the case of Rubins

Edited August 26, 2019 by Casino

[Chrisj 3]

Ok I have listened to what JW said on talksport re Anderson he said I have just spoken to him he says he is optimistic a deal will be be struck talks are ongoing once once it is resolved and he says it will be resolved and the club will carry on he will come into TS but he wanted that out on the radio.

There you go accurate info from what he said

[xxxxxx 6]

This is all on EFL and the administrators. 

[Escobarp 1,448]

Rubins are not at fault here despite the conspiracy theories that are starting to surface. 

They are not in cahoots with anyone and are doing the job correctly. 

They could be accused of having too much faith in FV completing I guess but FV have done what they have been asked to do as I understand it and nobody has made a formal offer for the club other than Bassini since FV were awarded preferred bidder status 

and as we know Bassini hasn’t been taken seriously 

[Escobarp 1,448]

1 minute ago, xxxxxx said:

This is all on EFL and the administrators. 

Nonsense utter horseshit in fact 

explain how you come to that conclusion? 

[birch-chorley 641]

Aye 

We are all guessing, not many know the truth as to who has had what 

I guess if Ken has published the accounts for his middle year here all would be a lot clearer

But he didn’t, so we can’t 

I wonder why they never saw the light of day? 

[xxxxxx 6]

Just now, Escobarp said:

Nonsense utter horseshit in fact 

explain how you come to that conclusion? 

Who allowed us to get this twat in charge? It seems the EFL don't do their homework regarding certain owners. We've seen it many times. The EFL need to be looked at. 

Also, it just seems like the administrators have been fucking around from the start. They have kept saying the deal is close and it just keeps going on and on.

[Lt. Aldo Raine 113]

2 minutes ago, Escobarp said:

Rubins are not at fault here despite the conspiracy theories that are starting to surface. 

They are not in cahoots with anyone and are doing the job correctly. 

They could be accused of having too much faith in FV completing I guess but FV have done what they have been asked to do as I understand it and nobody has made a formal offer for the club other than Bassini since FV were awarded preferred bidder status 

and as we know Bassini hasn’t been taken seriously 

Is it right that FV having preferred bidder status wouldn't prevent other interested parties making an offer?

[Chris Custodiet 77]

47 minutes ago, wakey said:

Cheers.

If it's Mrs Ken, can't see the logic of redacting. Could be another Ken entity, but as you point out would have to be registered to same address as Ken (that said, we don't know if the redacted address is Ken's personal address).

This isn't my field of expertise but the redacted person is one of the borrowers but not the owner, or one of the owners, of ICIL 'the chargor'. Those shares are owned by Ken alone so the redaction on the filed charge document makes sense

But lets put it this way, if you were lending  £5m to a married person on the security of jointly owned matrimonial assets would you be content to have security granted by just one of them? Aside from the requirements of matrimonial property law, couldn't the one you'd lent the money to switch ownership of the assets to their spouse and leave you hanging dry?

I don't think Eddie or his lawyers would have left it that open.

And remember where you didn't read any of this.

Edited August 26, 2019 by Chris Custodiet

[radcliffewhite1 648]

Meant to be some statement from Anderson’s solicitor soon

[Casino 2,360]

2 minutes ago, radcliffewhite1 said:

Meant to be some statement from Anderson’s solicitor soon

It sure as fcuk won't be done deal

Much more dragging out to be done

[TroySwoosh 97]

we need @Spider to tell us it'll be reet

[Escobarp 1,448]

8 minutes ago, xxxxxx said:

Who allowed us to get this twat in charge? It seems the EFL don't do their homework regarding certain owners. We've seen it many times. The EFL need to be looked at. 

Also, it just seems like the administrators have been fucking around from the start. They have kept saying the deal is close and it just keeps going on and on.

I share your pain and views on ken

but much like FV are now he was the only show in town at that time.

the deal has been close a number of times but it isn’t through any fault of the admins that this hasn’t completed. You will need t trust me on that but it’s absolutely true. 

[leadfrog1 20]

1 minute ago, Casino said:

It sure as fcuk won't be done deal

Much more dragging out to be done

Suspect it'll be done at the last possible minute if at all. 

[Escobarp 1,448]

10 minutes ago, Chris Custodiet said:

This isn't my field of expertise but the redacted person is one of the borrowers but not the owner, or one of the owners, of ICIL 'the chargor'. Those shares are owned by Ken alone so the redaction on the filed charge document makes sense

But lets put it this way, if you were lending  £5m to a married person on the security of jointly owned matrimonial assets would you be content to have security granted by just one of them? Aside from the requirements of matrimonial property law, couldn't the one you'd lent the money to switch ownership of the assets to their spouse and leave you hanging dry?

I don't think Eddie or his lawyers would have left it that open.

And remember where you didn't read any of this.

Under law unless his wife has agreed to the granting of security of jointly owned assets you can only go after 50% of the value. So unless she’s signed some form of PG and very importantly had Independent legal advice then she won’t be on the hook 

[Spider 2,123]

All brinkmanship.

Anderson having his last day of fun watching the fans squirm. He wants his last day.

but

it’ll be reet for sure this time.

[Chris Custodiet 77]

12 minutes ago, Escobarp said:

Under law unless his wife has agreed to the granting of security of jointly owned assets you can only go after 50% of the value. So unless she’s signed some form of PG and very importantly had Independent legal advice then she won’t be on the hook 

You can't get away from the fact that someone else is named as one of the borrowers. I suspect she is on the hook and that Eddie would not have lent the money without covering all the possibilities of non-repayment. Would you have?

In any event, if EDT get their money back from Ken its going to have to come out of the matrimonial coffers one way or another.

How much do you reckon the apartment in Monaco is  worth net of any mortgage on it?

Edited August 26, 2019 by Chris Custodiet

[Benny The Ball 184]

3 minutes ago, Escobarp said:

the deal has been close a number of times but it isn’t through any fault of the admins that this hasn’t completed. You will need t trust me on that but it’s absolutely true. 

Well maybe maybe not 

A conditional offer was accepted by Appleton - dependant on Quantuma accepting his bidders bid for the hotel 

If at 5.01pm tomorrow no deal is done , Quantuma will presumably accept another offer for the Hotel and Appleton might face a few awkward questions 

The structure of this arrangement has invited the participants not to do a deal , to exploit the situation and to rack up administrators costs in the process and thereby put a football club in jeopardy 

[Escobarp 1,448]

2 minutes ago, Benny The Ball said:

Well maybe maybe not 

A conditional offer was accepted by Appleton - dependant on Quantuma accepting his bidders bid for the hotel 

If at 5.01pm tomorrow no deal is done , Quantuma will presumably accept another offer for the Hotel and Appleton might face a few awkward questions 

The structure of this arrangement has invited the participants not to do a deal , to exploit the situation and to rack up administrators costs in the process and thereby put a football club in jeopardy 

Let me spell this out Benny. FV were the only bidder at the time they invited offers that fulfilled what was required. Remainder were deemed window shoppers/tyre kickers or just not offering anything like enough to get any of the secured creditors on board. That’s crucially important to note here!

Now FV offer to one side

nobody else other than Laurence Bassini has made an offer for the club since that acceptance. Nobody. Nil. Zero. 

As I think you know anybody can make an offer  whilst an agreement is signed for the sale of the club anyone can make an offer and impart significant pressure and the admins would have then brought the FV purchase to a head sooner and forced them to complete or walk away  

So what do you perceive the admins have done wrong? I really would be interested to know what it is you think they have done. 

[MACCA 20]

Been on a good few forums to see what the reaction is throughout the league... it’s safe to say that we are seriously disliked in the main!! 

[Eddie 282]

13 minutes ago, Spider said:

All brinkmanship.

Anderson having his last day of fun watching the fans squirm. He wants his last day.

but

it’ll be reet for sure this time.

Agree with this. None of the parties want this deal to fall over, even Ken. I get what people are saying about Ken ultimately getting his cash back from a liquidation scenario but how long does that take. The whole liquidation process, the sale of a ground etc., it would be far easier for him to get his money through this current deal.

The problem is that he still has power, still has time (although not much now) and ultimately can play the hard faced “I don’t care about the club so will let it liquidate” card in negotiations when he knows that the other parties care too much to let that happen.

I’m still of the belief that it will all be reet, it will drag to the last possible minute but it will be done!