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

If we go into admin won't ED still be in charge of what happens as he is owed £180m thus making him the biggest creditor? He would get to appoint his own administrator (TB)

 

Think the only benefit to admin would be the writing off of some of the current losses so it's easier for other consortiums to take over with less cash required up front to keep the club going

 

If we're in admin can he still play silly buggers and demand his gold plated shitter and stuff from any potential new buyers?

How ironic that on Saturday, Massimo Cellino or whatever he's called won't be the most despised owner of the 2 teams.

 

I can't wait to get shut of this prick, he has no legacy left.

Alan Nixon ‏@reluctantnicko 32s32 seconds ago

Bolton. Spoken to three interested parties in last few days. All said same. Keen if goes into admin. But won't do deal on Davies terms ...

Of course they will be interested they can get the assets and won't have to accept Eddies fucked up conditions. Can't understand why SS agreeing to Eddies law.

Edited March 2, 201610 yr by Mounts Kipper

maybe because they know he as no chance of collecting, we are going down this year so really do you expect us to be back in the prem in 5 years , I bet you will get fucking good odds at the bookies

But if we go into admin, the assets can be sold to the highest bidder, which may be Mr Middlebrook who may want to build shops and offices where our ground and car park are

I don't know the answer but is it in mr middlebrooks interests to demolish something that brings 10-15,000 to the site every other Saturday?

maybe because they know he as no chance of collecting, we are going down this year so really do you expect us to be back in the prem in 5 years , I bet you will get fucking good odds at the bookies

Southampton, Leiecester and palace managed it.

 

JSL

And what about the list of those that have not, I bet that's a long list

I don't know the answer but is it in mr middlebrooks interests to demolish something that brings 10-15,000 to the site every other Saturday?

 

I think Mr Middlebrook might be more interested in the multi million pound rentals he could build there rather than a loss making hole in a bucket football club.

I don't know the answer but is it in mr middlebrooks interests to demolish something that brings 10-15,000 to the site every other Saturday?

Its a gamble though inst it, but someone pointed out earlier, we have missed the cut off date for voluntary admin, so if true, to me we have only 2 options

 

1. Pay the debt attached to the winding up order

2. Lock the gates as unless the judge grants another stay of execution, we will be wound up and all assets sold - then There is no point in Mr Middlebrook keeping the ground as there will be no bugger there on match day

 

What a fuckin mess

Its a gamble though inst it, but someone pointed out earlier, we have missed the cut off date for voluntary admin, so if true, to me we have only 2 options

 

1. Pay the debt attached to the winding up order

2. Lock the gates as unless the judge grants another stay of execution, we will be wound up and all assets sold - then There is no point in Mr Middlebrook keeping the ground as there will be no bugger there on match day

 

What a fuckin mess

Eddies got the money from recent sales to pay the tax bill Etc. Think still twists and turns yet.

Edited March 2, 201610 yr by Mounts Kipper

Southampton, Leiecester and palace managed it.

 

JSL

 

That's bollocks, remember, everything is bollocks!

Eddies got the money from recent sales to pay the tax bill Etc. Think still twists and turns yet.

 

Do we know what sales have been made, didn't the recent car park one fall through?  

 

I'm fucked if I know what's going on now, it's most confusing

That's bollocks, remember, everything is bollocks!

Exactly!

 

Who are leiecester 

Do we know what sales have been made, didn't the recent car park one fall through?  

 

I'm fucked if I know what's going on now, it's most confusing

As far as I know the training ground and the Car park deals been done the car park went to PBP the deal with Emerson fell through. Think the offices went for 4 million and that paid of the loan we took out with the dodgy loan company.

 

 

Who are leiecester 

 

Exactly

No balls on Bbc sports day feed

As far as I know the training ground and the Car park deals been done the car park went to PBP the deal with Emerson fell through. Think the offices went for 4 million and that paid of the loan we took out with the dodgy loan company.

 

Fair enough, things change on such a regular basis that it's easy to lose track - so presumably that money was used to pay off some outstanding loans, hopefully there is enough to pay the taxman.....and if there is, I wonder why we haven't yet, as we must be accruing interest on a daily basis. I'm sure there is some clever reason why ED wouldn't pay it (Clever for his own personal finances, not the club finances)

Is it time to reinstate the "One Greedy Bastard" chant?

Is it time to reinstate the "One Greedy Bastard" chant?

There's more than one.

 

"loads of greedy bastards"

What's the latest we can go into admin without losing points for next season?

 

Fourth Thursday in March, i.e. 24th = Maundy Thursday this year.

I,m not surprised the football league are questioning the deal.ED selling but leaving £15 million debt in the club and then raking in any TV money when he doesn,t own the club.

Anyone paid the tax bill yet?

Yup, that tall dude off Dragon's Den, he's paid it. There are plans afoot to bring back former fans' favourite ex-Whites Striker Noel Blake as manager.

 

Source: The Sun.

ST now asking question to the club regarding who is behind deanos bid.

 

Did the ST ever tell us who had the money behind their interest??

ST now asking question to the club regarding who is behind deanos bid.

 

Did the ST ever tell us who had the money behind their interest??

No he said the backers had signed some kind of agreement whereby their identity would remain confidential or something like that. I'd imagine Deano's lot would have to disclose who they are to the League though??