Mounts Kipper Posted July 20, 2019 Share Posted July 20, 2019 33 minutes ago, Matthew1234 said: Some great news to wake up to... https://www.theboltonnews.co.uk/sport/17783753.magennis-oztumer-seek-pfa-help-looking-leave-wanderers/ I think the last paragraph is very positive, so I’ll run with that for now. Sources close to the takeover suggest the Football Ventures consortium has made progress in the last few days in its efforts to buy the Bolton Whites Hotel alongside the club. Link to comment Share on other sites More sharing options...
Chris Custodiet Posted July 20, 2019 Share Posted July 20, 2019 (edited) 13 minutes ago, Lt. Aldo Raine said: Basran and Brittan are named as directors and shareholders (one each) in the Incorporation document uploaded on 11 Jan 2019. Thank you. I stand corrected. My apologies. I didn't look at the incorporation document. Incorporation docs are more usually the work of company formation agents with the agents being the first nominee directors. Edited July 20, 2019 by Chris Custodiet Link to comment Share on other sites More sharing options...
Matt Lofthouse Posted July 20, 2019 Share Posted July 20, 2019 1 hour ago, gonzo said: Fuck sake I left mine in a toilet in poulton somewhere Been cleaning the fish tank with mine. Link to comment Share on other sites More sharing options...
Popular Post Farrelli Posted July 20, 2019 Popular Post Share Posted July 20, 2019 4 minutes ago, Matt said: Been cleaning the fish tank with mine. A fish called wanderer? Link to comment Share on other sites More sharing options...
Plums Posted July 20, 2019 Share Posted July 20, 2019 4 minutes ago, Farrelli said: A fish called wanderer? Eidur Gudgeonsson Link to comment Share on other sites More sharing options...
Marc505 Posted July 20, 2019 Share Posted July 20, 2019 19 hours ago, Tommy Banks said: · 1m Bolton. Players officially fuming. Mass walk out next step. More online shortly. Did Nixon come through with his walkout story? Link to comment Share on other sites More sharing options...
Tommy Banks Posted July 20, 2019 Share Posted July 20, 2019 Nope Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 20, 2019 Share Posted July 20, 2019 11 minutes ago, Mounts Kipper said: I think the last paragraph is very positive, so I’ll run with that for now. Sources close to the takeover suggest the Football Ventures consortium has made progress in the last few days in its efforts to buy the Bolton Whites Hotel alongside the club. Me too - Sounds like Quantuma have realised if this deal is not done in the next few days the hotel is worthless Link to comment Share on other sites More sharing options...
Marc505 Posted July 20, 2019 Share Posted July 20, 2019 Just now, Tommy Banks said: Nope Aye. Link to comment Share on other sites More sharing options...
Tommy Banks Posted July 20, 2019 Share Posted July 20, 2019 2 minutes ago, Marc505 said: Aye. 😂😂😂😂 Link to comment Share on other sites More sharing options...
bwfcfan5 Posted July 20, 2019 Share Posted July 20, 2019 7 minutes ago, Benny The Ball said: Me too - Sounds like Quantuma have realised if this deal is not done in the next few days the hotel is worthless I assume all FV need is preferred bidder status on hotel to progress club deal. Link to comment Share on other sites More sharing options...
Damocles Posted July 20, 2019 Share Posted July 20, 2019 12 minutes ago, Benny The Ball said: Me too - Sounds like Quantuma have realised if this deal is not done in the next few days the hotel is worthless But that isn’t following the legal requirements of administration. Value is determined by the price somebody is willing to pay, if another bidder will pay more then surely Quantuma must accept their bid. The risk of it being ‘worthless’ would rest with the owner. What is of most concern is that despite having a £5.5M head start, FV still can’t find the funds to be the highest bidder. Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 20, 2019 Share Posted July 20, 2019 30 minutes ago, Damocles said: But that isn’t following the legal requirements of administration. Value is determined by the price somebody is willing to pay, if another bidder will pay more then surely Quantuma must accept their bid. The risk of it being ‘worthless’ would rest with the owner. What is of most concern is that despite having a £5.5M head start, FV still can’t find the funds to be the highest bidder. How do you know who is the highest bidder? Link to comment Share on other sites More sharing options...
gonzo Posted July 20, 2019 Share Posted July 20, 2019 Surely these people who want to buy the hotel know if they do it would subsequently lead to the football club being liquidated? Therefore leaving a stand alone hotel with a derelict stadium on the back of it and no car park? Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 20, 2019 Share Posted July 20, 2019 (edited) 49 minutes ago, Damocles said: But that isn’t following the legal requirements of administration. Value is determined by the price somebody is willing to pay, if another bidder will pay more then surely Quantuma must accept their bid. The risk of it being ‘worthless’ would rest with the owner. What is of most concern is that despite having a £5.5M head start, FV still can’t find the funds to be the highest bidder. I think the time for following the legal requirements of administration is gone The whole process has been flawed from the very start , from the appointment of two separate administrators who seem to have followed their own course of actions and timescales and paid scant if any regard to what the other was doing David Rubin should have not accepted the FV bid on a conditional basis - particularly as it was subject to the acquisition of the hotel , that was not in his gift to do so Quantuma should not have delayed marketing the Hotel until a preferred bidder for the Football Club was found and then use the knowledge that the FV bid was conditional to try and force up the price of the Hotel by attracting inflated bids and offers from frustrated wanna be football club owners such as Bassini and Fawaz Al Hasawi , most likely being encouraged by vested interests and clever lawyers You are presuming in what you say the Hotel is worth substantially more than £5.5 million - it may not be , its value may only have increased very recently because of a flawed process The two should have worked together Rubins said he wanted proof of £25 million from prospective buyers of the club and the hotel - suggesting publically he ran the overall show Quantuma said the Hotel and Football club are intrinsically linked So why have they not worked together ? The fact is that unless they throw the rule book of legal requirements of administration out of the window we will be left with neither a football club or a hotel End of Edited July 20, 2019 by Benny The Ball Link to comment Share on other sites More sharing options...
Damocles Posted July 20, 2019 Share Posted July 20, 2019 28 minutes ago, Mounts Kipper said: How do you know who is the highest bidder? I don’t know who is, but I know who has had to revise their valuation based on the indicative (albeit not formalised) valuations of other parties. If the FV bid was even close to acceptable then Quantuma would’ve just allowed them to pre-pack it.... Link to comment Share on other sites More sharing options...
Damocles Posted July 20, 2019 Share Posted July 20, 2019 26 minutes ago, gonzo said: Surely these people who want to buy the hotel know if they do it would subsequently lead to the football club being liquidated? Therefore leaving a stand alone hotel with a derelict stadium on the back of it and no car park? Or an events arena/shopping complex Link to comment Share on other sites More sharing options...
Flannel Truscott Posted July 20, 2019 Share Posted July 20, 2019 5 hours ago, Chris Custodiet said: Even if you've understood nothing, its one small step that you've remembered something Are you a patronising cunt to everyone in the real world, or just on the internet? Link to comment Share on other sites More sharing options...
Youri McAnespie Posted July 20, 2019 Share Posted July 20, 2019 An events arena and shopping complex adjacent to an events arena and a shopping park..? If they build it nae c*nt will come. (Not much change there, then.) Link to comment Share on other sites More sharing options...
Breightmet Boy Posted July 20, 2019 Share Posted July 20, 2019 1 hour ago, Damocles said: Or an events arena/shopping complex Back Of The Netto.. Link to comment Share on other sites More sharing options...
mickbrown Posted July 20, 2019 Share Posted July 20, 2019 3 hours ago, Matthew1234 said: Some great news to wake up to... https://www.theboltonnews.co.uk/sport/17783753.magennis-oztumer-seek-pfa-help-looking-leave-wanderers/ Both did the square root of fuck all last season. Arsed Link to comment Share on other sites More sharing options...
Guest Nordkurve Posted July 20, 2019 Share Posted July 20, 2019 (edited) 9 minutes ago, Breightmet Boy said: Back Of The Netto.. Give it a Lidl bit more time. I am sure everything will be sorted out. Edited July 20, 2019 by Nordkurve Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 20, 2019 Share Posted July 20, 2019 4 minutes ago, mickbrown said: Both did the square root of fuck all last season. Arsed Well if they leave for no money then I’m arsed, both easily worth 250k plus. Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted July 20, 2019 Site Supporter Share Posted July 20, 2019 18 minutes ago, Breightmet Boy said: Back Of The Netto.. 8 minutes ago, Nordkurve said: Give it a Lidl bit more time. I am sure everything will be sorted out. You wait Aldi for a cheap supermarket pun and two come along at the same time. Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted July 20, 2019 Site Supporter Share Posted July 20, 2019 It's about Spar for the course though. Link to comment Share on other sites More sharing options...
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