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Wanderers Ways. Neil Thompson 1961-2021

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Change Of Owner?

Article in Sunday Express saying takeover imminent.....

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    Eddie has had some abuse these past few weeks, a lot of it unwarranted by idiots.

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we're not 200 million in debt impressed

Read today said in court debt now £200 million

I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing.

 

I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will.

 

I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up.

15 million quid in loans to keep us ticking over?

 

just a guess

He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one.

I may be in a minority but I'm quite happy and excited about all this. Admittedly my bar is quite low for a good owner these days but some fresh cash and impetus can only be a good thing.

 

I just hope everyone cautious (I get it) or not gives them a chance and gets behind them. I'm sure folk will.

 

I get the people in his group not wanting to be known. That's their decision, now let's have an actual go at trying to stay up.

 

 

im dead suspicious

 

just dont see how he can get anything out of it and lets not kid ourselves that hes not in it for a return

 

but im with you, lets get behind it and see if we can make it that bit easier for him to get rich

theres an iles piece gone up with direct quotes

 

 

"I'm getting a pound up front. Anything else is earned out by what position, in which league, the club finishes every season. It's highly probabilistic, that, so there's no guarantee on it at all,” he said.

 

 

what an utter cnut

He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one.

That's how I'm reading it, does not do anything to help the club, basically he has left 15 million of debt on the books, in Eddies world that's doing us a favour.

theres an iles piece gone up with direct quotes

 

 

 

what an utter cnut

What's to like about that statement from Eddie please explain?

Edited by Mounts Kipper

That's how I'm reading it, does not do anything to help the club, basically he has left 15 million of debt on the books, in Eddies world that's doing us a favour.

 

He could have left 185 million.

eddie davis is a cunt..

 

he has left it till the last minute  then sold off as many assets as possible.

 

he is now taking back his money 

 

now wants a bonus..fuck off, i don't ever believe the debt. you cannot buy a player for x million in late twentys /early thirties and sell on for a profit , so making a loss.

 

this whole thing is trailer trash t.v in the making 

 

tax avoiding twat

hes left 15 million of which he will get paid if certain things are met, as things look now hes got fuck all chance of seeing any of it, IF we go down we will have come straight back up and get to the prem in 4 years .... can anyone see that happening, if you can see what the odd are at the bookies :thumbsup:

He's not writing off 15 million of the debt. And the club will owe him that and pay it back under certain circumstances. I assume premiership promotion being one.

 

ie he waives the 15 million he wanted, or 10 million, whatever, to allow the new owners to invest in running the club

 

if theyre good at it, then he gets paid

if Eddies left 15 million in for Sports Shield I'll take it all back. I don't think that's what he's done.

Edited by Mounts Kipper

Who is going to pay the tax bill?

No fooker knows whats going on

 

There are a thousand unanswered questions

 

Im gonna predict that this will all end up in tears

 

These people have not come in to lose money

 

We dont even know who "these" people are

No fooker knows whats going on

There are a thousand unanswered questions

Im gonna predict that this will all end up in tears

These people have not come in to lose money

We dont even know who "these" people are

A fair assessment

Who is going to pay the tax bill?

I am still confused as to what is owed by who and to whom.

Who is going to pay the tax bill?

 

 

sportshield

If ED has sold all the assets then who owns the stadium, lostock etc?

 

That's got to be worth more than SS have paid added with the liabilities for the next 12 months

 

It's a shame nobody came in with enough cash to cover the whole thing and make it a clean deal but I guess they're aren't many folk out there happy to risk tens of millions on a football club

So Eddie received just £1 for the club. The £7.5 million figure is what Sport Shield need to find to see us through until the end of this season. I presume £3 million to HMRC and the remaining £4.5 million to pay for the running costs like wages etc. That's how I see it.

sportshield

Is this included in the £7.5 million down payment?

No fooker knows whats going on

 

There are a thousand unanswered questions

 

Im gonna predict that this will all end up in tears

 

These people have not come in to lose money

 

We dont even know who "these" people are

 

THat's about the size of it. Another day, another dozen questions.

Is this included in the £7.5 million down payment?

 

the only downpayment is a quid

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