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Change Of Owner?

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

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We've been told that the accounts are going to be grim.

 

So we'll definitely fail FFP.

 

That gets us a fine we cant afford to pay and a move back to total embargo.

 

Perhaps they're staving the accounts on until they can get another set that shows some progress?

I don't think they can show sufficient funds going forward

Or maybe like the qualified accountant said on here they are holding on so they can submit two sets with the later showing signs of progress?

Do we need to show funds going forward? I know we did when they bought the club, but why would they need to show that now?

Do we need to show funds going forward? I know we did when they bought the club, but why would they need to show that now?

We can wait for the accountant but I understand there is a going concern statement that needs to be made as part of the accounts

 

Ie you confirm that you see no reason why the business can't support itself for the coming period

Maybe they're waiting for a boost from half season ticket sales as the town get behind a promotion bid

Maybe they're waiting for a boost from half season ticket sales as the town get behind a promotion bid

chortle :) folk'd sooner moan about burnden park shutting and Mary spunkson.

We can wait for the accountant but I understand there is a going concern statement that needs to be made as part of the accounts

 

Ie you confirm that you see no reason why the business can't support itself for the coming period

 

Cas is reet.

 

Its all about the going concern statement which says that the accounts are prepared on the basis the the business will continue trading for the foreseeable future.

 

Remember these accounts cover 2014-15 season, the new owners have no other reason to hold them back as they weren't in control of the club then.

We're travelling to Northampton on Saturday, that's all we need to know for now

Always thought we would need money from somewhere. For the next season or two (at least) we will be losing money

Maybe they're waiting for a boost from half season ticket sales as the town get behind a promotion bid

We're already averaging 10,000 more than Scunthorpe.It isn't the fans fault

I'll get excited/disappointed when I actually see something official

Apparently holdsworth looking to sell his stake in the club according to the bn

Apparently holdsworth looking to sell his stake in the club according to the bn

 

Yet again Nixon has his finger nearer the pulse than Iles granted that's not difficult, despite KA denial of talks with Saudis I'm thinking he is talking to interested parties.

Apparently holdsworth looking to sell his stake in the club according to the bn

 

The BN, what a joke.

 

I check the date elsewhere, as I can't trust them to even get that right.

Yet again Nixon has his finger nearer the pulse than Iles granted that's not difficult, 

 

Hardly difficult.

Any last shred of credibility the BN might have had disappeared on the day we nearly went bust and Marc Piles wasn't reporting on it, as it was his "day off" and was painting his daughter's bedroom instead.

MI has always been DH route to thr media. So I would expect it to be right.

 

We need investment asap

There's a strong rumour that DH sold a significant chunk of his shares, months back

 

Which didn't help the KA/DH relationship

 

Maybe finger on the pulse Lies and Nixon should've nibbled on that morsel

There's a strong rumour that DH sold a significant chunk of his shares, months back

Which didn't help the KA/DH relationship

Maybe finger on the pulse Lies and Nixon should've nibbled on that morsel

Do we know who he sold too? Would this info be available from companies house? Be interesting to know.

We wouldn't know anyway until the books were in................coming soon the wanderers spellbinding accounts

 

Maybe. 

Who owes the money to blu marble? Deano or Ken?

Who owes the money to blu marble? Deano or Ken?

 

Burnden Leisure.

 

But Deano signed the paperwork

Do we know who he sold too? Would this info be available from companies house? Be interesting to know.

When the accounts are filed

Don't shoot the messenger but report in the bn claims there could be cash flow issues next month. Supposedly this can be avoided if ken buys out deano. Don't understand why this would solve issues and it doesn't give an explanation.

Yet more bollocks?

Maybe its a case of lets get shut of Deano, buy his shares and then bring some of Ken's arab mates in to invest in us. Or still get shut of Deano and just flog the club and make a few quid?

Maybe its a case of lets get shut of Deano, buy his shares and then bring some of Ken's arab mates in to invest in us. Or still get shut of Deano and just flog the club and make a few quid?

Possibly, but they could both sell out to the Arabs. Guess we'll see.

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