nantwichwhite

When I used to wait for the free gates open at Burnden as a nipper to watch Tiger Taylor and JB, I would have never thought that I would be reading about liquidation or administration. Nor would I have thought we would be taken over by a mad Italian. Is it naïve of me to think that this could be a hell of a ride.

Merry Christmas Mr Laurence

Unicorn owned by the King of Bahrain and ridden by Mario Jardel

You couldn't make it up. The roller coaster ride continues. Ken's last missive showed him in his true light, an arsehole of the highest order. I've gone but your fucked anyway.

Ken is not a nice chap, he is also one of the three secured creditors. The silence from the other two is deafening. Surely they can't let the club go under.

"They found there was significantly more debt and not enough movement among the creditors and especially KA to make it possible. This is the scary bit for me. The creditors all know if liquidation takes place, the valuation of the assets they own. Why should they accept anything less? They may already have deals in place, and are just waiting for that moment. It does not make good reading.

The problem is that Ken has had form on this. Let us hope the lesson has been noted. If he has sailed close to the wind he would be probably having the best legal advice to not fall foul of the law. However examples like Valerie Patisserie do not give the general public absolute confidence in accountancy or auditing procedures.

Completely agree, no leaders on or off the field.

Listen parky as soon as we can pay you, you are sacked.

Bernie Slaven

Think the same, Ken knows Michael James.

Howard will be back, unless his boys have taken the king's shilling. Can't see it though Bassini doesn't look to have the money to throw about. This will run and run.

Access to some very interesting documents. FWIW I think Howard is who he says he is. Time will tell if they will be owners of our football club, but with only four working days left his representatives have a real chance to take over. Apologies the people who he repesents

But Howard is a snow plough, he is clearing the way

Good point but why the delay of a week, if due diligence has been done, he has passed the EFL test and an offer has been made. Does not make sense. Ken also alluded to recapitalising, is this to be secured against assets. Are there any left?

A snippet from Ken's statement which gives us the time to finalise the deal for the sale of my shares to the interested buyers I am interested in the use of the word buyers (more than one) Is this Ken saying, there may well be a problem with share ownership and this would pan out in a week or so? Over to you Howard

the more I read about this, and I am probably now addicted. The more I think nobody knows fuck all.

Due diligence could take ages, not what we need at the moment. Especially if there are alleged accounting irregularities.

https://forum.boltonnuts.co.uk/t16508-shabbir-khilji found this, confirms south African connection. However lots of bullshit that never happened!!!

Same

Thought the mystery bidder had bought the shares off moonshift so all the rest is conjecture

Worth over two billion

Spot on come back H

Is Howard a lady Hilary Stonefrost perhaps?

Hopefully I have got this right. Ken is being backed into a corner, he could make some money if the deal goes through quickly. If not he could have his shares repossessed or major creditors could call their debts in. Or liquidation and he will gain very little. I think this is what Howard has been alluding to. Howard seems to be playing a blinder.