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This was on the cards moment hotel was split and 2 different administrators appointed. Who is really surprised? Has ken the cunts fingerprints all over it hes like a tumour that will kill the club. Yes we were in a mess before he came in but once a shady fucker that like him comes in who cares not a jot for the club , we were always at his mercy and in deep shit. Or are we still all drama queens? 

Honestly don't think we will start this season now. One year on from the first strike at St Mirren that was a shock but now its just no surprise at all.

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Give it a fucking rest eh  ‘somebody’s moral expectations of someone are very different to the legal obligations you know that and I know that. So why don’t you lay off patronising folk Chris and

I really cannot wait for the day we don’t have to read the words moonshift, Inner fucking circle, blue bastard marble or any piece of shit word associated to this horrible draining 3 year bullshit sag

Fucking massive clear out coming on WW later, either way.

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10 minutes ago, Benny The Ball said:

I dont think FV funding plan is reliant on the hotel business in the sense that it provides an income for the football club . 

I think Damocles was on the right lines a couple of days ago. 

My hunch is that FV have lined up a sale of the football stadium at £12 - £15 million with an institutional investor and that capital sum will be released on completion. That cash will be critical to FV - it will represent 50- 60% of the £25 million they will have proven as available funding to the administrator. 

They have probably lined up a tenant for the hotel already and agreed with the stadium buyers a long term rent the football club will pay - on the face of it everyone is happy . . 

But then the hotel administrator puts a spanner in the works because he gets indications that higher offers for the hotel are out there - more than FV want to pay, which leaves  everything up in the air because the institutional investor will rightly only do a deal on the entire stadium and not just part of it , so without the hotel FV wont be able to fund the club. 

Yes sorry, I didn’t mean running it on an ongoing basis necessarily. I think your model is probably spot on. 

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Might be me.being a thick fucker but Little had tweeted loads earlier that I cant find now including saying players couldnt afford to get to training when spazzy daz could have told them a day rover is £4.60. Its shit not getting paid but folk need to be wary of making new heroes of players talking bollocks and maybe with an extra axe to grind.

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17 minutes ago, Benny The Ball said:

I dont think FV funding plan is reliant on the hotel business in the sense that it provides an income for the football club . 

I think Damocles was on the right lines a couple of days ago. 

My hunch is that FV have lined up a sale of the football stadium at £12 - £15 million with an institutional investor and that capital sum will be released on completion. That cash will be critical to FV - it will represent 50- 60% of the £25 million they will have proven as available funding to the administrator. 

They have probably lined up a tenant for the hotel already and agreed with the stadium buyers a long term rent the football club will pay - on the face of it everyone is happy . . 

But then the hotel administrator puts a spanner in the works because he gets indications that higher offers for the hotel are out there - more than FV want to pay, which leaves  everything up in the air because the institutional investor will rightly only do a deal on the entire stadium and not just part of it , so without the hotel FV wont be able to fund the club. 

Admin supposedly seen the 25 million funding. So can’t be correct. 

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Just now, Mounts Kipper said:

Admin supposedly seen the 25 million funding. So can’t be correct. 

They’ve seen the bit they need to complete purchase. Not necessarily future funding.

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1 minute ago, bwfcfan5 said:

They’ve seen the bit they need to complete purchase. Not necessarily future funding.

 I’m sure admin said they needed to see the 25 million to proceed. 

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3 minutes ago, RONNIE PHILLIPS said:

That was the figure needed to cover paying off creditors & to keep us going for the 2yrs?

25 million had to be shown to proceed, that’s why I doubt that FV need to sell stadium to close the deal. Unless admin are lying and FV didn’t show 25 million funds.

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Just now, Mounts Kipper said:

Admin supposedly seen the 25 million funding. So can’t be correct. 

Why ?

If FV have presented to the administrator  an unconditional offer to purchase the stadium upon FV acquiring the club for £x million from a blue chip Insurance company or similar , am pretty certain they would accept that as part of the required funding 

Does not necessarily mean £25 million in a bank account with instant access - at least I dont think it does

 

 

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Yup it wasn't 25m in an account ready to go but a solid plan showing how FV would finance the club going forwards. 

Back in the day Nat would have got them all in and banged their heads together and told em to get it sorted. 

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Just now, Benny The Ball said:

Why ?

If FV have presented to the administrator  an unconditional offer to purchase the stadium upon FV acquiring the club for £x million from a blue chip Insurance company or similar , am pretty certain they would accept that as part of the required funding 

Does not necessarily mean £25 million in a bank account with instant access - at least I dont think it does

 

 

Well I’m no expert but if I was administrator I’d not be taking that as proof of funding especially given the complication of hotel being part of the stadium and in the hands of another administrator. 

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1 minute ago, radcliffewhite1 said:

I’m probably out of tune with this but for me proof of funds means ready money, just like when you buy a house proof needs to shown of a deposit 

Aye me too.  Any how the plans flawed and if the admin accepted that plan they’ve royally fucked up.

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1 hour ago, Mannyroader said:

So Mark Little has gone from traitorous striker to hero on the basis of one tweet. People need to to calm themselves down. Going into admin is a painful and drawn out process. Be thankful that someone is committed to buying us. They don't have £50 notes sticking out of their lugholes so need to find an innovative solution that offers investors a hope of getting a return. I wish we had someone with bottomless pockets buying the club, with no regard to how much they spend, but we don't and people need to get real and accept the hard facts. This will be a long process; getting it right is preferable to rushing it through.

Anyone who thinks Bassini is a viable alternative; any sort of alternative; needs their bumps feeling.

Fair play for reading all that from what I said. Quite an imagination you've got there.

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4 minutes ago, Mounts Kipper said:

Aye me too.  Any how the plans flawed and if the admin accepted that plan they’ve royally fucked up.

They probably accepted that plan because it was likely the only one with any chance of coming to fruition.

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37 minutes ago, Lt. Aldo Raine said:

They probably accepted that plan because it was likely the only one with any chance of coming to fruition.

Is that so difficult to grasp

 

Anyway, let's say FV don't go ahead, let's say somebody else wants the hotel, its value plummets if there's no football club to maintain the stadium 

So while FV needs the hotel, the hotel needs the football

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1 minute ago, Casino said:

Is that so difficult to grasp

 

Anyway, let's say FV don't go ahead, let's say somebody else wants the hotel, its value plummets if there's no football club to maintain the stadium 

So while FV needs the hotel, the hotel needs the football

Does it? I’d think the land they stand on is worth more than the stadium and the hotel. 

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