Last I heard, it was court tomorrow

 

ST and Lies reported 3, including Heathcotes mob

 

KA said that was old news, leaving 2

 

 

Now, I can see HMRC is definitely a club issue,but the other is Sport Shield

 

If we assume KA can deal with HMRC debt - I'd have been happier if he had sorted that one already, tbf- that 'just' leaves SS and blumarble

 

If the court agrees to wind up SS, do we know what that means and also the impact on BWFC

Edited May 21, 20179 yr by Casino

Mounts set up this meeting.

 

Get them to clearly show what they know.

 

Clearly show how the ACV Stops the ground being sold.

 

clearly show how they would raise funds to buy the ground.

 

They backed DH who raised finance on the club and yet now hate a man who can try and do the same. Why?

Mounts:

 

we have recently had a number of winding up orders from HMRC against us, if it happens again, they probably won't give us much time to sort it out.

If the only solutionto staying inbusiness is to , say, offload the hotel, would you accept that ?

 

If so, do you think that the ACV, which prevents sale of said hotel within 6 weeks of being announced, would be the death knell to the club (remembering that the the ST cannot waive the 6 week period). 

Mounts - you sound like you are in a cult. The stuff you are coming out with is a total one eyed, one sided view.

 

The majority of fans want the Trust to shut up, reform, get rid of all the current board members and let Ken get on with running the club.

 

If you don't realise that is a majority view, then you're as deluded as the rest of them.

It seems everything black and white on here if you support the ACV you are anti KA and anti BWFC thankfully I know where I stand I'm pro BWFC, Pro KA and against the removal of the ACV.

 

I think that's where we should all be sadly emotions won't allow some folk to think rationally that's comment applies to Trust members, wandereswayers and KA who all seem to have these polarised views.

 

At the end of the day hope this shit gets sorted for the betterment of BWFC. I'll leave it there for now and let this play itself out when we will then know who's wrong and who's right.

Edited October 4, 20178 yr by Mounts Kipper

Mounts:

 

we have recently had a number of winding up orders from HMRC against us, if it happens again, they probably won't give us much time to sort it out.

If the only solutionto staying inbusiness is to , say, offload the hotel, would you accept that ?

 

If so, do you think that the ACV, which prevents sale of said hotel within 6 weeks of being announced, would be the death knell to the club (remembering that the the ST cannot waive the 6 week period).

I'm pretty sure the hotel isn't part of the ACV it's a stand alone business and that means it can be sold without removing the ACV.

It seems everything black and white on here if you support the ACV you are anti KA and anti BWFC thankfully I know where I stand I'm pro BWFC, Pro KA and against the removal of the ACV.

 

I think that's where we should all be sadly emotions won't allow some folk to think rationally that's comment applies to Trust members, wandereswayers and KA who all seem to have these polarised views.

 

At the end of the day hope this shit gets sorted for the betterment of BWFC. I'll leave it there for now and let this play itself out when we will then know who's wrong and who's right.

You ironically are the main culprit of letting emotions cloud judgement.

 

Get the trust to hold elections, be an actual transparent organisation like they said rather than secretive.

 

People are prepared to listen but there is nothing to suggest it's not just someone wanting to play at football.

 

For starters I find it hard to believe people don't know who the trust are

I'm pretty sure the hotel isn't part of the ACV it's a stand alone business and that means it can be sold without removing the ACV.

Stadium, hotel & land surrounding it was I believe.

Mounts:

 

we have recently had a number of winding up orders from HMRC against us, if it happens again, they probably won't give us much time to sort it out.

If the only solutionto staying inbusiness is to , say, offload the hotel, would you accept that ?

 

If so, do you think that the ACV, which prevents sale of said hotel within 6 weeks of being announced, would be the death knell to the club (remembering that the the ST cannot waive the 6 week period).

Is it not 6 months rather than 6 weeks

Is it not 6 months rather than 6 weeks

theres a 6 week period where ANY community group can express interest, not just the originators of the ACV (hence why they can't allow a quick sale).

If a group expresses interest, then they have a further 20 weeks to raise capital.

So either 6 weeks if no interest,or 6 months if some loon says they want to buy (irrespective if they are serious or not).

https://www.bwfc.co.uk/news/2017/october/a-note-from-the-chairman2/

I'm pretty sure the hotel isn't part of the ACV it's a stand alone business and that means it can be sold without removing the ACV.

 

Hotel is part of it. 

Hotel is part of it.

 

Hotel can be sold without removing the ACV that's my understanding.

Hotel can be sold without removing the ACV that's my understanding.

So can the ground.

 

The ST couldn't afford to buy it.

So can the ground.

 

The ST couldn't afford to buy it.

It's not about the ST buying it it's about being notified that it's up for sale. I'll also add Ken couldn't afford to buy the ground if he hadn't been handed it on a plate.

Hotel can be sold without removing the ACV that's my understanding.

So can the ground.

 

But not within the 6 week\ 6 month period.

 

And these are timeperiods after price agreements have been made.

 

Do you think that this could send the club under ?

You ironically are the main culprit of letting emotions cloud judgement.

 

Get the trust to hold elections, be an actual transparent organisation like they said rather than secretive.

 

People are prepared to listen but there is nothing to suggest it's not just someone wanting to play at football.

 

For starters I find it hard to believe people don't know who the trust are

My judgement is sound it is not borne out of hatred of the Trust like yourself or Sluffy nor hatred of KA as you perceive of the Trust. I'm not the mouthpiece of the Trust just trying to cut through the difference of opinions between the Trust and KA and project my thoughts on the matter. I'll try to arrange meeting with the Trust I'll keep you posted.

Hotel can be sold without removing the ACV that's my understanding.

 

ACV reduces its value and makes lending against the asset more difficult. 

 

So its true we can sell it. But possibly for a far reduced price, and with a far lengthier sale. 

It's not about the ST buying it it's about being notified that it's up for sale. I'll also add Ken couldn't afford to buy the ground if he hadn't been handed it on a plate.

So the ST are informed the club wish to sell the ground.

 

Then what?

 

I'm not being a cock here, I genuinely want to know what course of action they'd take and why this is so important.

Seems a fair question

 

The mistrust seem to want KA to answer loads of what ifs

It's not about the ST buying it it's about being notified that it's up for sale. I'll also add Ken couldn't afford to buy the ground if he hadn't been handed it on a plate.

 

 

Handed on a plate?  He was also handed 1m a month running costs.

So the ST are informed the club wish to sell the ground.

 

Then what?

 

I'm not being a cock here, I genuinely want to know what course of action they'd take and why this is so important.

As I'm not mouthpiece of the Trust you would have to ask them. However my view it's better we know as fans what's going on and what's at stake before any sale or raising of finance on the stadium given what's happened to stadiums of other clubs.

Edited October 4, 20178 yr by Mounts Kipper

Handed on a plate? He was also handed 1m a month running costs.

Do you think he's paid any of that running cost out of his own pocket?

As I'm not mouthpiece of the Trust you would have to ask them. However my view it's better we know as fans what's going on and what's at stake given what's happened to stadiums of other clubs.

Agreed, but seeing as there's pretty much a daily blog from the chairman I reckon we might be the first to know anyway.

Agreed, but seeing as there's pretty much a daily blog from the chairman I reckon we might be the first to know anyway.

Now we're getting somewhere, reckoning Ken might let us know isn't sitting comfortably with me I prefer that we would definitely know because we've an ACV. As you are in business you'll know folk in business don't always act honourably, especially where £££ are involved.

Edited October 4, 20178 yr by Mounts Kipper

Now we're getting somewhere, reckoning Ken might let us know isn't sitting comfortably with me I prefer that we would definitely know because we've an ACV. As you are in business you'll know folk in business don't always act honourably.

Great, so the sale still goes ahead, we possibly get less money for it, the sale will take longer which puts us in greater financial threat but at least we'll definitely know about it (which based on Ken's dealings so far it would be fair to assume we would have anyway).