21 minutes ago, clown said:

Basran manages a huge fund/funds specialising in tech, this was play money. Availability of cash wasn't likely to be the issue. Rather like your pension being made up of blue chip and then throwing some penny stocks in for a gamble that's what BWFC was to them. Bottom line is they most likely can't be arsed with Ken and the whole shooting match. And if that was messy, managing a club in administration is certainly not going to be of interest. Also they possibly found some creditors were open to swapping debt for equity or taking less than 100p in the £1 and others said bollocks which gave them a headache. Who falls into which camp I don't know. I would expect they are out and staying out now. They were the best bet IMO, with all sorts of reach to bring the good times back, not just cash.

Isn’t the bottom line lack of funds?

12 minutes ago, royal white said:

In lighter news. Lee Anderson is currently getting shit  on numerous what’s app groups and a few phone calls after his number became public knowledge

This is on the website of his other son’s restaurant. I’ve not included his details but interesting quote.

Let me start with my father, as like many of you reading this, it was he who introduced me to ******** as a young boy. My name is **** *******^and I am the current custodian of ******** restaurant. I say custodian as in a recent conversation with my father he reminded me that you never really own ******** it was here long before us and will be here long after us.

7 minutes ago, Boothy said:

Isn’t the bottom line lack of funds?

I'd say not.

its John Disley!  arise Sir John

33 minutes ago, clown said:

Basran manages a huge fund/funds specialising in tech, this was play money. Availability of cash wasn't likely to be the issue. Rather like your pension being made up of blue chip and then throwing some penny stocks in for a gamble that's what BWFC was to them. Bottom line is they most likely can't be arsed with Ken and the whole shooting match. And if that was messy, managing a club in administration is certainly not going to be of interest. Also they possibly found some creditors were open to swapping debt for equity or taking less than 100p in the £1 and others said bollocks which gave them a headache. Who falls into which camp I don't know. I would expect they are out and staying out now. They were the best bet IMO, with all sorts of reach to bring the good times back, not just cash.

1 fund of £100M that is specialised in tech/media, this fund was not being used for the purchase.

12 minutes ago, Boothy said:

Isn’t the bottom line lack of funds?

Yes, he could've had it for £8-£10M

1 minute ago, Howardroark said:

1 fund of £100M that is specialised in tech/media, this fund was not being used for the purchase.

Absolutely, but lack of funding wouldn't be an issue. What would be an issue would be creditors leaping up which meant the sums didn't add up. Add in Ken's foibles and history and it's not worth the hassle I would expect. Which is different from not having the funds.

4 minutes ago, clown said:

Absolutely, but lack of funding wouldn't be an issue. What would be an issue would be creditors leaping up which meant the sums didn't add up. Add in Ken's foibles and history and it's not worth the hassle I would expect. Which is different from not having the funds.

I’m getting the words, Michael Knighton.

5 minutes ago, clown said:

Absolutely, but lack of funding wouldn't be an issue. What would be an issue would be creditors leaping up which meant the sums didn't add up. Add in Ken's foibles and history and it's not worth the hassle I would expect. Which is different from not having the funds.

It is common knowledge that he reached out to most creditors to try and agree a deal. The issue was that he couldn't agree a deal with Moonshift which meant the entry cost was too high. 

Their ideal scenario was a £1 entry. 

They failed F&PP as predicted.

2 minutes ago, Howardroark said:

It is common knowledge that he reached out to most creditors to try and agree a deal. The issue was that he couldn't agree a deal with Moonshift which meant the entry cost was too high. 

Their ideal scenario was a £1 entry. 

They failed F&PP as predicted.

Is the bottom line here Howard that Moonshift were always going to sell to the other bidder? 

48 minutes ago, Mounts Kipper said:

Whats everyone’s best guess on who the other potential bidders could be?

Jim Ratcliffe. New owner of team sky and supposedly interested in chelsea.

Ken's a puppy compared to Abramovic, so he'll turn north instead. I hope.

16 minutes ago, Spider said:

I’m getting the words, Michael Knighton.

Hmm,

 

Michael Knighton shares the same initials as Mounts Kipper...

ST was a smokescreen

Kick ups in front of NSL crowd of 8, in awe of such wizardry from a big lad

 

 

Also, guy who won 71m on Euro has a press conference tomorrow- coincidence???? I think not

33 minutes ago, Howardroark said:

Yes, he could've had it for £8-£10M

 

Which can't bode that well for those about to step in, if the only reason they've got a chance is Basran's inability to raise a relatively small amount of cash.

I think the message has been loud and clear. Basran ain’t the man.

47 minutes ago, Boby Brno said:

This is on the website of his other son’s restaurant. I’ve not included his details but interesting quote.

Let me start with my father, as like many of you reading this, it was he who introduced me to ******** as a young boy. My name is **** *******^and I am the current custodian of ******** restaurant. I say custodian as in a recent conversation with my father he reminded me that you never really own ******** it was here long before us and will be here long after us.

Whats the restaurant name Boby?

6 minutes ago, burnden said:

Whats the restaurant name Boby?

Google part of you quote, you'll find out soon enough. 

1 hour ago, Dr Faustus said:

can we have a copy of the league table for those without faceache?

 

This really should focus some pie eaters' minds

Every cloud eh

9 minutes ago, burnden said:

Whats the restaurant name Boby?

Lee Anderson publicised it a few times on Instagram so it’s not a secret but as KA said, his family had received some abuse so I didn’t want to encourage it. (Not implying that you would)  I just thought the quote was apt considering our current situation.

Cheers, found it now.

47 minutes ago, darrener said:

Is the bottom line here Howard that Moonshift were always going to sell to the other bidder? 

No, would've sold to somebody they trusted with the club

1 minute ago, Howardroark said:

No, would've sold to somebody they trusted with the club

Cheers Howard 

19 minutes ago, Tonge moor green jacket said:

This really should focus some pie eaters' minds

would 2 go down if we’re liqidated.