Sluffy 222 Posted April 2, 2019 Share Posted April 2, 2019 29 minutes ago, Benny The Ball said: I have come across the name - its just a shell company at this stage I believe the Consortium Involved are close to completing a deal My Understanding is that this group was the one referred to in Court 2 weeks ago as having agreed terms with KA I believe they have the support of ED Trustees Brett Warburton & Michael James I Understand they have access to substantial funding Sorry, I've become a bit confused here, I wonder if you clarify please. Are you saying - Gaspard is linked to the consortium you are working with and are by your understanding are the ones referred to in court two weeks ago, - or are you saying you have heard of them but as far as you know they aren't part of the consortium you have been working with - and yours is the one mentioned in court, - or as far as you know Gaspard isn't part of your consortium but were the one mention in court. Many thanks. Link to post Share on other sites
Colonel Mustard 26 Posted April 2, 2019 Share Posted April 2, 2019 1 hour ago, Howardroark said: The only action would be retrospective, he cannot be forced to sell. OK thanks. So Howard - if there's no obligation to sell over liquidation then it's a simple game of risk for KA, and he holds all the aces? So his recent actions suggest he's chasing a higher price from Bassini, accepting that Bassini may fail and that he may be forced down liquidation route. This risks alienating your bidders and him being forced into an awkward legal inquiry uncovering dodgy dealings. That says to me Ken's either got cast iron guarantees on the Bassini money and/or he's prepared to go the liquidation route rather than sell to your bidder. Which also says he was never prepared to sell to the Bahrain consortium, for whatever reason (but probably financial)? What am I missing?? (I'm sure I am missing something by the way :)) Link to post Share on other sites
Big Johnny 5 Posted April 2, 2019 Share Posted April 2, 2019 10 minutes ago, Casino said: Dunno if he did Darlington but he was at eastleigh Darlington when Phil Neil missed a pen or the Thursday game we won 1 0 Link to post Share on other sites
Moderators Casino 2,411 Posted April 2, 2019 Moderators Share Posted April 2, 2019 It's possible you are missing there is at least one more bidder Link to post Share on other sites
Moderators Casino 2,411 Posted April 2, 2019 Moderators Share Posted April 2, 2019 Just now, Big Johnny said: Darlington when Phil Neil missed a pen or the Thursday game we won 1 0 Both Up to Darlington, twice in a week Mad times Link to post Share on other sites
Big Johnny 5 Posted April 2, 2019 Share Posted April 2, 2019 1 minute ago, Casino said: Both Up to Darlington, twice in a week Mad times Good days though mate Link to post Share on other sites
Howardroark 144 Posted April 2, 2019 Share Posted April 2, 2019 2 minutes ago, Colonel Mustard said: OK thanks. So Howard - if there's no obligation to sell over liquidation then it's a simple game of risk for KA, and he holds all the aces? So his recent actions suggest he's chasing a higher price from Bassini, accepting that Bassini may fail and that he may be forced down liquidation route. This risks alienating your bidders and him being forced into an awkward legal inquiry uncovering dodgy dealings. That says to me Ken's either got cast iron guarantees on the Bassini money and/or he's prepared to go the liquidation route rather than sell to your bidder. Which also says he was never prepared to sell to the Bahrain consortium, for whatever reason (but probably financial)? What am I missing?? (I'm sure I am missing something by the way :)) That’s the state of play, however until this morning I assumed that my bidder was the same as Benny’s, as that is not the case, there appears to be another bidder with an agreement with the secured creditors. Link to post Share on other sites
Razaldo9 5 Posted April 2, 2019 Share Posted April 2, 2019 How many consortiums are still in play here? Bassini Gaspard Howard's depending on court Has Benny's been mentioned anywhere in the press previously? Link to post Share on other sites
Tombwfc 157 Posted April 2, 2019 Share Posted April 2, 2019 If any of them were going to pump hundreds of millions in to get us back to the Premier League, they'd own the club already, so it's not worth getting attached to any of these faceless consortiums. Just be happy for Ken fucking off and some kind of resolution to all this. Link to post Share on other sites
Site Supporter Spider 2,188 Posted April 2, 2019 Site Supporter Share Posted April 2, 2019 I’m getting drunk on Saturday regardless. I’m still firmly of the belief that the game will go ahead and the stadium will be operational. just can’t see it being closed. Link to post Share on other sites
Horwich 206 Posted April 2, 2019 Share Posted April 2, 2019 Gaspard = Fantasist not a chance ignore casino has more dosh Link to post Share on other sites
Colonel Mustard 26 Posted April 2, 2019 Share Posted April 2, 2019 Thanks Casino/Howard - appreciate that the extra bidder is another factor Link to post Share on other sites
Mounts Kipper 2,555 Posted April 2, 2019 Share Posted April 2, 2019 8 minutes ago, Big Johnny said: Darlington when Phil Neil missed a pen or the Thursday game we won 1 0 Bonfire night. Link to post Share on other sites
royal white 603 Posted April 2, 2019 Share Posted April 2, 2019 Where are we at with Saturday’s game? On or off? Fans or no fans? Link to post Share on other sites
Mantra 119 Posted April 2, 2019 Share Posted April 2, 2019 Anyone feel like they've got a good prediction of tomorrow? There's only a few choices, there's a deal, we get an adjournment, or we get liquidated. In my mind a deal is about 30%, an adjournment about 20% and liquidation 50%. I might add that is just my opinion and speculation on those percentages. Just based off how it's reading today. Link to post Share on other sites
Mounts Kipper 2,555 Posted April 2, 2019 Share Posted April 2, 2019 3 minutes ago, Mantra said: Anyone feel like they've got a good prediction of tomorrow? There's only a few choices, there's a deal, we get an adjournment, or we get liquidated. In my mind a deal is about 30%, an adjournment about 20% and liquidation 50%. I might add that is just my opinion and speculation on those percentages. Just based off how it's reading today. Adjournment 7 days. Link to post Share on other sites
bwfcfan5 486 Posted April 2, 2019 Share Posted April 2, 2019 6 minutes ago, Horwich said: Gaspard = Fantasist not a chance ignore casino has more dosh Than who? Nobody knows where the money comes from. Link to post Share on other sites
Horwich 206 Posted April 2, 2019 Share Posted April 2, 2019 Gaspard. I wouldnt trust him with a tenner. His last fantasy idea was to build a golf course near m61. He drove a micra Link to post Share on other sites
Razaldo9 5 Posted April 2, 2019 Share Posted April 2, 2019 I'd go adjournment, don't think Ken can let it go to liquidation when he's said he's accepted an offer today. Think he will contest at least and hopefully get a week or so. Maybe that's just hopeful that it could bring another bidder back in to play. Link to post Share on other sites
Horwich 206 Posted April 2, 2019 Share Posted April 2, 2019 Adjournment Howards lot Link to post Share on other sites
RedBloodzCell 6 Posted April 2, 2019 Share Posted April 2, 2019 Surely for Ken there's no difference between a 7 day adjournment and liquidation? He gets 7 days to sell the club either way as shares will be taken on the 10th? Link to post Share on other sites
Moderators Casino 2,411 Posted April 2, 2019 Moderators Share Posted April 2, 2019 Bennys lot After adjourment Link to post Share on other sites
lowcarbon 8 Posted April 2, 2019 Share Posted April 2, 2019 Last time we was in a similar position was 18/12/15 and it was finally dismissed on 8/4/16. Link to post Share on other sites
Escobarp 1,532 Posted April 2, 2019 Share Posted April 2, 2019 (edited) 3 minutes ago, Horwich said: He drove a micra This made me laugh far too much. Just our fucking luck eh. BWFC. The gift that keeps on giving would be just our luck eh Edited April 2, 2019 by Escobarp Link to post Share on other sites
Boothy 184 Posted April 2, 2019 Share Posted April 2, 2019 Adjournment is nailed on imo Link to post Share on other sites
Recommended Posts