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Wanderers Ways. Neil Thompson 1961-2021

Take Over


Kane57

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11 minutes ago, Razaldo9 said:

But they allow Ken to get more for himself, he hasn't completed the deal in time if they're making an offer. Can't see how he loses here. 

Sure you said if he tries to broker a better deal they'd withdraw the offer and call the shares in, which wouldn't have Ken win.

And that’s why there is a sweetener on the table, £2M isn’t enough, £12M might be.

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1 minute ago, Howardroark said:

No, they can’t run, the £2M is to stop them taking the shares back on Tuesday, giving Bassini more time. If he doesn’t pay by the 9th they’ll take the shares and pay off the debt as per the initial agreement.

Ah ok. So their offer is locked in with KA he can sign that anytime and take their offer.

But if they accept 2 million (or whatever Bassini finally offers) while they wait for Bassini to find more cash, they wait an extra 7 days - could still get the club 2 million richer - or Bassini buys the club and they at least got 2 million for their trouble. 

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Just now, Mantra said:

Ah ok. So their offer is locked in with KA he can sign that anytime and take their offer.

But if they accept 2 million (or whatever Bassini finally offers) while they wait for Bassini to find more cash, they wait an extra 7 days - could still get the club 2 million richer - or Bassini buys the club and they at least got 2 million for their trouble. 

Yes

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1 minute ago, Boothy said:

Howard, no one has asked you for 22 seconds. How confident are you of your buyers deal going through?

Haha, 

Bassini hasn’t got the cash, he’s conned Dave Richards in to thinking he has, presumably so he can persuade a lender to deal with him as it gives validation. 

You don’t go from living in a 1 bed flat (rented) in Bushey to having £40M. Without a lottery win it simply isn’t possible, the rise is too stratospheric.

Literallly the only way is if he’s fronting for a Saudi or Iranian.

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Just now, Howardroark said:

Yes

This is proper grim now. Drags it out again for the fans. Players/staff won’t get paid for even longer. 

Surely Bassini wouldn’t pay 12 million to delay the procedure. That’s way too much.

is your gut saying this will go to the 9th or be done by the 2nd?

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Just now, Howardroark said:

Haha, 

Bassini hasn’t got the cash, he’s conned Dave Richards in to thinking he has, presumably so he can persuade a lender to deal with him as it gives validation. 

You don’t go from living in a 1 bed flat (rented) in Bushey to having £40M. Without a lottery win it simply isn’t possible, the rise is too stratospheric.

Literallly the only way is if he’s fronting for a Saudi or Iranian.

so how confident are you he has 2m

 

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2 minutes ago, Inspector Goole said:

Sounds like a stupid thing to do , get there £2m which isn’t a lot seem as though DD is more , and they’ve waited 14 days already , are you confident yours can get it done ? 

£2M to wait a week and probably still get the club?

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1 minute ago, Howardroark said:

Haha, 

Bassini hasn’t got the cash, he’s conned Dave Richards in to thinking he has, presumably so he can persuade a lender to deal with him as it gives validation. 

You don’t go from living in a 1 bed flat (rented) in Bushey to having £40M. Without a lottery win it simply isn’t possible, the rise is too stratospheric.

Literallly the only way is if he’s fronting for a Saudi or Iranian.

I read up on Dave Richards earlier. Sounds like a right cunt too. Keep him away.

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1 minute ago, Mantra said:

This is proper grim now. Drags it out again for the fans. Players/staff won’t get paid for even longer. 

Surely Bassini wouldn’t pay 12 million to delay the procedure. That’s way too much.

is your gut saying this will go to the 9th or be done by the 2nd?

I would predict Bassini going down in a ball of flames tomorrow.

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11 minutes ago, Howardroark said:

It’s easy really: 

Until 1630 on 2nd they can’t influence it, if he pays its his. 

After then it’s about the best strategy for them as investors. They don’t claim to be fans of the club.

Presumably “your” buyers have an existing option to acquire the Moonshift debt? If not, Bassani would be better dealing with Moonshift? They could accept £2m not to sell the debt for [x] days - albeit, they may not wish to burn bridges.

Has Bassini offered Moonshift £Xm not to sell anyone else? If not, what’s to stop them selling the debt to another SPV set up by your buyers?

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2 minutes ago, Howardroark said:

You don’t go from living in a 1 bed flat (rented) in Bushey to having £40M. Without a lottery win it simply isn’t possible, the rise is too stratospheric.

Will he even have £2m then? Why would anyone pay that without the money to complete?

Edit, think you just answered similar above already

Edited by Razaldo9
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6 minutes ago, Howardroark said:

And that’s why there is a sweetener on the table, £2M isn’t enough, £12M might be.

What is Bassini offering ken that your bidders arnt? What’s the difference? No chance at all that your bidders will change there bid at all to secure the club? I assume thats what kens hoping for that they will back down and up there offer to match Bassini .. let’s hope Bassini doesn’t find the cash tomorrow!!!

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1 minute ago, Jol_BWFC said:

Presumably “your” buyers have an existing option to acquire the Moonshift debt? If not, Bassani would be better dealing with Moonshift? They could accept £2m not to sell the debt for [x] days - albeit, they may not wish to burn bridges.

Has Bassini offered Moonshift £Xm not to sell anyone else? If not, what’s to stop them selling the debt to another SPV set up by your buyers?

They have already acquire it

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1 minute ago, Jcookie said:

What is Bassini offering ken that your bidders arnt? What’s the difference? No chance at all that your bidders will change there bid at all to secure the club? I assume thats what kens hoping for that they will back down and up there offer to match Bassini .. let’s hope Bassini doesn’t find the cash tomorrow!!!

In the main, a blind eye and £10M

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2 minutes ago, Howardroark said:

I would predict Bassini going down in a ball of flames tomorrow.

I truly hope you’re right.

1 minute ago, Howardroark said:

In the main, a blind eye and £10M

Bassini is offering Ken 10 million more than your bidders??? I thought your bidders were offering 4 mill for Ken and yours were offering 2mill?

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