Howardroark Posted April 4, 2019 Posted April 4, 2019 1 minute ago, Take Hunt Off said: So your people could still accept compensation from Bassini or another & leave the way clear for them to take the club? Yes
Mantra Posted April 4, 2019 Posted April 4, 2019 So essentially it comes down to: 1. Bassini completes before H’s men take the shares 2. Bassini compensates H’s men somewhere between 2 and 12 million not to recall the shares to complete after the 10th . (Does this agreement just delay the share recall or end it for good?) 3. Ken will let H’s buyers take the shares and say goodbye, cleanly no fuss. 10th april 4. or Ken refuses to sign the agreement but can’t sell the club anymore so waits for HMRC to liquidate the club and gets paid that way. 5. He comes back to H’s men to accept their offer but coz of all the fucking around H’s men reduce their payment to ken.
WestStandUpper Posted April 4, 2019 Posted April 4, 2019 3 minutes ago, Howardroark said: Clings on to the club by not acknowledging the transfer of shares. He is between a rock and a hard place because the judge’s decision didn’t eliminate us, quite the opposite. He needs to sell to Bassini or voluntarily liquidate. Great, so he has backed himself into a corner, again? Lets sit tight until Tues/Wed then..
Razaldo9 Posted April 4, 2019 Posted April 4, 2019 4 minutes ago, Howardroark said: Clings on to the club by not acknowledging the transfer of shares. He is between a rock and a hard place because the judge’s decision didn’t eliminate us, quite the opposite. He needs to sell to Bassini or voluntarily liquidate. What are the chances of him liquidating then? I'm not delighted with the prospect of Bassini, but it's much better than liquidation.
Popeye doyle Posted April 4, 2019 Posted April 4, 2019 20 minutes ago, Howardroark said: He couldn’t legally sell it, move money, put it into admin or liquidation. The fear is that the club is left in a state of limbo whilst he clings on. Can't see him doing this because he would have to pay the salaries every month out of his own pocket.
Mantra Posted April 4, 2019 Posted April 4, 2019 Just now, Razaldo9 said: What are the chances of him liquidating then? I'm not delighted with the prospect of Bassini, but it's much better than liquidation. If it’s a choice for him between voluntarily liquidate and let his shares be recalled and get fucked over. I think he chooses liquidate.
Breightmet Boy Posted April 4, 2019 Posted April 4, 2019 Howard, what are your group plans in the incoming years for BWFC and what has it to gain from all this? I wouldnt dream of buying a football club after reading all this, headache tackle for people like myself with a lack of patience. I just dont get why somebody would want to buy a football club unless theyre unloading money.
Jcookie Posted April 4, 2019 Posted April 4, 2019 8 minutes ago, Howardroark said: Yes What do you think the outcome with be: Bassini still getting the club before Tuesday / Wednesday? No chance your bidders will buy the club outright? Or will that only happen if Anderson comes back to your bidders wanting to sign a deal? Probs on less terms than you regionally offered him to sign off weeks ago? So the only way your bidders will get the club is by doing share recall next Wednesday?
Tonge moor green jacket Posted April 4, 2019 Posted April 4, 2019 3 minutes ago, Breightmet Boy said: Howard, what are your group plans in the incoming years for BWFC and what has it to gain from all this? I wouldnt dream of buying a football club after reading all this, headache tackle for people like myself with a lack of patience. I just dont get why somebody would want to buy a football club unless theyre unloading money. Ego, philanthropy, frivolous fan. Or highly confident business folk.
bolton va va Posted April 4, 2019 Posted April 4, 2019 1 hour ago, WestStandUpper said: How on earth can you keep persistently defending KA, both on here and Twitter...? He stepped in 3 years ago, yes, but we are now in a much worse position both on and off the field and the last 12 months antics and behaviour are unforgivable. You keep defending him though, Clint!! In what ways are we in "a much worse position both on & off the pitch now " than we were when he stepped in 3 years ago ?
WestStandUpper Posted April 4, 2019 Posted April 4, 2019 @Howardroark What are your consortium called? Is there a Ltd company set up ready? Are they in any way connected to the Gaspard group?
DomRepWanderer Posted April 4, 2019 Posted April 4, 2019 Didn't somebody on here say if the club was liquidated Anderson would come under scrutiny, and questioned? plus he would have to be at the ground during the period of liquidation, for me he won't want either of those scenarios.
WestStandUpper Posted April 4, 2019 Posted April 4, 2019 Just now, bolton va va said: In what ways are we in "a much worse position both on & off the pitch now " than we were when he stepped in 3 years ago ? Did we ever come close to not being able to stage a game? Did we ever have a probation notice issued? Did players ever strike? Did we ever have the wages saga like this (or as bad)? The squad is worse now, no question. The reputation of the club is much worse. The outstanding debts are much higher (as ED wrote off everything before KA came in)
Razaldo9 Posted April 4, 2019 Posted April 4, 2019 3 minutes ago, Mantra said: If it’s a choice for him between voluntarily liquidate and let his shares be recalled and get fucked over. I think he chooses liquidate. That's my thought too, he also doesn't seem keen to deal with H's group. Not sure he'd be keen to let them win without a fight. But I'm sure it was mentioned he wouldn't want the questioning involved in liquidation at some point
Howardroark Posted April 4, 2019 Posted April 4, 2019 14 minutes ago, Razaldo9 said: What are the chances of him liquidating then? I'm not delighted with the prospect of Bassini, but it's much better than liquidation. If Bassini walks then very high
Howardroark Posted April 4, 2019 Posted April 4, 2019 5 minutes ago, WestStandUpper said: @Howardroark What are your consortium called? Is there a Ltd company set up ready? Are they in any way connected to the Gaspard group? If there was a desire to make that information public then it would already be public. Yes, but only through a shared survey
Mantra Posted April 4, 2019 Posted April 4, 2019 1 minute ago, Howardroark said: If Bassini walks then very high What will your group do if Ken refuses to sign the share recall?
SilentBob Posted April 4, 2019 Posted April 4, 2019 1 minute ago, Howardroark said: If Bassini walks then very high Beat me to it, but that's less than a week away now. Regardless of whether he starts liquidation he won't finish it in 5 days (2 being weekend, not sure if that slows anything down) surely? So your buyers can still technically reclaim the shares even if the process is started, right?
Howardroark Posted April 4, 2019 Posted April 4, 2019 14 minutes ago, Breightmet Boy said: Howard, what are your group plans in the incoming years for BWFC and what has it to gain from all this? I wouldnt dream of buying a football club after reading all this, headache tackle for people like myself with a lack of patience. I just dont get why somebody would want to buy a football club unless theyre unloading money. Look at what the Pozzo’s purchased Watford for versus what they were offered for it last year. Those types of gains would excite any contrarian/speculative investor. The acquisition costs are more than offset by the value of the assets, those assets only have value to those with an insight in to the true value of land.
Howardroark Posted April 4, 2019 Posted April 4, 2019 13 minutes ago, Jcookie said: What do you think the outcome with be: Bassini still getting the club before Tuesday / Wednesday? No chance your bidders will buy the club outright? Or will that only happen if Anderson comes back to your bidders wanting to sign a deal? Probs on less terms than you regionally offered him to sign off weeks ago? So the only way your bidders will get the club is by doing share recall next Wednesday? Our deal isn’t on the table.
WestStandUpper Posted April 4, 2019 Posted April 4, 2019 2 minutes ago, Howardroark said: If there was a desire to make that information public then it would already be public. Yes, but only through a shared survey I heard today you were connected...so that makes sense. What is the shared survey? Connected via the South African?
Howardroark Posted April 4, 2019 Posted April 4, 2019 3 minutes ago, Mantra said: What will your group do if Ken refuses to sign the share recall? All you can do is leave it in the hands of the solicitors and relevant authorities.
Howardroark Posted April 4, 2019 Posted April 4, 2019 Just now, WestStandUpper said: I heard today you were connected...so that makes sense. What is the shared survey? Connected via the South African? No, we both approached the same company to value a piece of land. We are 100% NOT connected to them.
Howardroark Posted April 4, 2019 Posted April 4, 2019 4 minutes ago, SilentBob said: Beat me to it, but that's less than a week away now. Regardless of whether he starts liquidation he won't finish it in 5 days (2 being weekend, not sure if that slows anything down) surely? So your buyers can still technically reclaim the shares even if the process is started, right? No, as the shares are null and void.
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