Dr Faustus Posted March 26, 2019 Share Posted March 26, 2019 1 minute ago, ZiggyStardust said: Again, I ask, with your extensive experience in business & associated analytics, how would you fund a company losing circa £600k per month over a 3 year period ? Whoa- who are you? Don't speak down to him... Link to comment Share on other sites More sharing options...
leadfrog1 Posted March 26, 2019 Share Posted March 26, 2019 I wouldn't but thats my decision, he made his choice. Link to comment Share on other sites More sharing options...
ZiggyStardust Posted March 26, 2019 Share Posted March 26, 2019 2 minutes ago, leadfrog1 said: Guys Anderson DOESNT GIVE A SHIT We know. 2 minutes ago, leadfrog1 said: he gets his money anyway regardless of what happens to us Not necessarily 2 minutes ago, leadfrog1 said: This is why hes holding out for the most he can get, because it doesnt matter to him either way. I feel like Maggie Tate Link to comment Share on other sites More sharing options...
Wardrobe Posted March 26, 2019 Share Posted March 26, 2019 3 minutes ago, ZiggyStardust said: Again, I ask, with your extensive experience in business & associated analytics, how would you fund a company losing circa £600k per month over a 3 year period ? Holdsworth's magic money tree I assume Link to comment Share on other sites More sharing options...
leadfrog1 Posted March 26, 2019 Share Posted March 26, 2019 Ken says he wants 10 but would accept 5, buyers are only looking to spend 3. He knows that if we did fold he'd get 4, so why take the lower bid of 3, when he knows he can get 4 if we folded and maybe 5 if the buyer decides to spend extra right at the end. If a deals going to happen it'll happen right at the last min Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted March 26, 2019 Site Supporter Share Posted March 26, 2019 1 minute ago, leadfrog1 said: Ken says he wants 10 but would accept 5, buyers are only looking to spend 3. He knows that if we did fold he'd get 4, so why take the lower bid of 3, when he knows he can get 4 if we folded and maybe 5 if the buyer decides to spend extra right at the end. If a deals going to happen it'll happen right at the last min You’ve basically made all that up. Link to comment Share on other sites More sharing options...
leadfrog1 Posted March 26, 2019 Share Posted March 26, 2019 (edited) We'll probably never know the exact details but based on my analysis from the information at hand that appears to be the order of battle obviously we don't know the full details due to nda etc Edited March 26, 2019 by leadfrog1 reasons Link to comment Share on other sites More sharing options...
Eddie Posted March 26, 2019 Share Posted March 26, 2019 1 minute ago, leadfrog1 said: Ken says he wants 10 but would accept 5, buyers are only looking to spend 3. He knows that if we did fold he'd get 4, so why take the lower bid of 3, when he knows he can get 4 if we folded and maybe 5 if the buyer decides to spend extra right at the end. If a deals going to happen it'll happen right at the last min Deals always happen at the last minute. There are always negotiations from both sides until there is no time left, at which point the side with the upper hand tends to win most of the negotiating points. With your masters degree I’d expect you to know that. It will go to the wire and a deal will be done. I don’t really know why I’m responding to you because I’m convinced you’re on the wind up based on your other posts. Link to comment Share on other sites More sharing options...
Wardrobe Posted March 26, 2019 Share Posted March 26, 2019 1 minute ago, leadfrog1 said: We'll probably never know the exact details but based on my analysis from the information at hand that appears to be the order of battle obviously we don't know the full details due to nda etc Please share the information you are basing that on Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted March 26, 2019 Site Supporter Share Posted March 26, 2019 1 minute ago, leadfrog1 said: We'll probably never know the exact details but based on my analysis from the information at hand that appears to be the order of battle obviously we don't know the full details due to nda etc So you’re making it all up. i hope you didn’t run up a load of debt for that masters. Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted March 26, 2019 Site Supporter Share Posted March 26, 2019 3 minutes ago, Spider said: So you’re making it all up. i hope you didn’t run up a load of debt for that masters. Doesn't matter, doubtful it would ever be paid off. Link to comment Share on other sites More sharing options...
MalcolmW Posted March 26, 2019 Share Posted March 26, 2019 2 minutes ago, Spider said: So you’re making it all up. i hope you didn’t run up a load of debt for that masters. He got it from Wharton, Philly, which may account for the endeavor comment. It's Trump's alma mater btw. Link to comment Share on other sites More sharing options...
leadfrog1 Posted March 26, 2019 Share Posted March 26, 2019 You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. Link to comment Share on other sites More sharing options...
Wardrobe Posted March 26, 2019 Share Posted March 26, 2019 4 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. Go and read the previous pages of this thread (Howard's posts in particular) and then you might have a better idea of what the levels of debt are. You are just making yourself look foolish now Link to comment Share on other sites More sharing options...
Ani Posted March 26, 2019 Share Posted March 26, 2019 6 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. Is every number you quote made up ? Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted March 26, 2019 Site Supporter Share Posted March 26, 2019 5 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. For Sale: Football Stadium. Would suit top level football organisation. Needs some improvement and a couple of bulbs. Smells a bit. Form an orderly queue Link to comment Share on other sites More sharing options...
dazl1212 Posted March 26, 2019 Share Posted March 26, 2019 11 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. Why wait until this particular crisis to do that? Link to comment Share on other sites More sharing options...
Moderators Casino Posted March 26, 2019 Moderators Share Posted March 26, 2019 1 hour ago, leadfrog1 said: Anderson sold off Holding, Clough, Madine and the North Stand car park with an estimated value of £15 million in total. What would we have done last winter without that £6 million for Madine? we've been living on borrowed time while Anderson holds on to try and get the most he can for the club. I don't blame him for wanting to get a decent return but people lauding him like the second coming is stupidity. Car park Are you sure? Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted March 26, 2019 Site Supporter Share Posted March 26, 2019 1 minute ago, Casino said: Car park Are you sure? Yeah he saw it on twitter Link to comment Share on other sites More sharing options...
Tombwfc Posted March 26, 2019 Share Posted March 26, 2019 (edited) 1 hour ago, Wardrobe said: Who has lauded him??????? I only see people pointing out it was Ken or bust. Maybe I need 6 years in 'Business' as opposed to the 20+ years I have working in Finance I dunno, this was from Chris Custard the other day... Quote Just over two years later the club had reduced player costs and future commitments, managed to keep most of its permanent staff employed, regained and maintained Championship status and was forecast to actually turn in a profit for the first time in years. Shareholders at the 2018 AGM seemed to think that KA had worked a miracle. If he now manages to hand it over to someone with deep pockets and a willingness to spend some of it on the club, who will say he hasn't? Edited March 26, 2019 by Tombwfc Link to comment Share on other sites More sharing options...
Traf Posted March 26, 2019 Share Posted March 26, 2019 33 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. I know what liquidation is. It's where we were 5 mins from before ken jumped in. Link to comment Share on other sites More sharing options...
wakey Posted March 26, 2019 Share Posted March 26, 2019 1 hour ago, leadfrog1 said: I have a masters degree in Business analytics...with 6 years experience in business. Don't talk down to me. Who are you? gold. I fucking love it here, me. Link to comment Share on other sites More sharing options...
wakey Posted March 26, 2019 Share Posted March 26, 2019 38 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. brilliant. Think I just pissed myself. Only downside is custard'll be along in a minute to explain balance sheet basics to our new business guru. Link to comment Share on other sites More sharing options...
Howardroark Posted March 26, 2019 Share Posted March 26, 2019 26 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. The assets are nowhere near being valuable enough to deliver surplus funds. PBP would call in their security; Brett would call in his security; Players contracts would be voided; The majority of the remaining assets are infrastructure (Stadium, land and Academy) which would attract a liquidation value of maybe 50% given the costs to convert and the likely backlash. Link to comment Share on other sites More sharing options...
snowball Posted March 26, 2019 Share Posted March 26, 2019 44 minutes ago, leadfrog1 said: You guys who what liquidation means? assets get turned into cash to pay off creditors and at the end the remainder goes to the shareholder, say the debts are 10 million, anything after that goes to Anderson. He might be under the assumption he could get 25/30 million for the assets in that situation, leaving him with £15-20 million, which might be more than the money he could get while trying to sell the club. At the moment we don't have the information, so yes all we know is Anderson doesn't have much money, we know roughly the size of the debt and we know how much the club has been advertised for before. The biggest assumption I've made is the value of the club and that is based on the sale amount. Priceless. Pmsl Link to comment Share on other sites More sharing options...
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