It's happening. 

https://www.theboltonnews.co.uk/sport/17405193.bolton-wanderers-close-to-takeover-from-uk-based-consortium/

Thank fuck

1 hour ago, RoadRunnerFan said:

Isn't it just the same result as the debt is secured on the shares and the shares are in effect worthless? 

And Howard what type of organisation do you do PR for? 

 

Whomever meets the fee.

2 minutes ago, bwfcfan5 said:

Is there yet another buyer in as Nixon suggests or he is just making stuff up now?

The latter, he is being fed misinformation by KA probably

Just now, Howardroark said:

The latter, he is being fed misinformation by KA probably

Not directly I don't think KA speaks to him or Iles...but I guess its easy to drip feed stuff out there through channels.

Why though would KA want that message out there? Spook the buyer into moving on? Or just wind up the media?

30 minutes ago, mickbrown said:

I’d like to  put forward the motion that we refrain from legal and financial stuff and just get on with flinging good old fashioned rumours about which rich bastard might have bought us.  

Patak's innit.

 

Watsmore will be fumin'.

Just now, bwfcfan5 said:

Not directly I don't think KA speaks to him or Iles...but I guess its easy to drip feed stuff out there through channels.

Why though would KA want that message out there? Spook the buyer into moving on? Or just wind up the media?

Ken wants them to complete to get his funds, the longer it goes the more real his risk of losing it for nothing.

8 minutes ago, Howardroark said:

Whomever meets the fee.

For clarity Howard I think your contributions are excellent and if Casino is happy that you are kosher then so am I. 

But how does a PR man have such a sound grasp of insolvency and m&a matters? 

Edited March 22, 20197 yr by RoadRunnerFan
Spelling

5 minutes ago, RoadRunnerFan said:

For clarity Howard I think your contributions are excellent and if Casino is happy that you are kosher then so am I. 

But how does a PR man have such a graphic of insolvency and m&a matters? 

Investors require spinning more than almost any other stakeholder.

1 minute ago, Howardroark said:

Investors require spinning more than almost any other stakeholder.

And without giving anything inappropriate away - how are you so close to the details here? Do you have the same source as the 442 editor seems to?

Just now, Howardroark said:

Investors require spinning more than almost any other stakeholder.

I get that Howard but is this level of knowledge of your customers core business normal?

3 minutes ago, bwfcfan5 said:

And without giving anything inappropriate away - how are you so close to the details here? Do you have the same source as the 442 editor seems to?

I believe the editor knew via a friend at CRS. 

I am only close in that I was told of a 2nd bidder, and what their approach would be. 

1 minute ago, RoadRunnerFan said:

I get that Howard but is this level of knowledge of your customers core business normal?

Yes when 75% of my clients are from that market

18 minutes ago, Howardroark said:

Ken wants them to complete to get his funds, the longer it goes the more real his risk of losing it for nothing.

I thought I read earlier in this thread that Ken wanted to stretch it out to the max (Apr 2) to maybe attract some other invester that might offer him a better deal ?

10 minutes ago, Take Hunt Off said:

I thought I read earlier in this thread that Ken wanted to stretch it out to the max (Apr 2) to maybe attract some other invester that might offer him a better deal ?

Ken has 14 days (up to the 2nd) to pay off the loan and avoid the shares being taken. 

If he was talking to other bidders then he runs the risk of the ‘mystery bidder’ simply withdrawing their offer. He would still owe them the £8M (£5M + £3M). 

‘Bird in the hand’ type scenario 

He could well be looking at other bidders but he would need to be 100% sure they would close or he loses everything, why would he risk it?

If a new bidder has entered the scene - possibly due to Ken flailing around to try to get a last-minute bidding war going on - am I right in thinking that..

 

• If Ken winds up both parties by playing them off against each other, they could both walk leaving both him and the club f****d?
• That potentially Ken could piss off the supposed billionaire and accept an offer from a party with very little money on the basis that they'd give him better personal terms?
• That whilst Ken still has his shares he can control the situation - and to some extent, the fate of the club?
• This will go down to the wire and we'll be unlikely to hear anything about a new owner before the 3rd april?

8 minutes ago, Howardroark said:

Ken has 14 days (up to the 2nd) to pay off the loan and avoid the shares being taken. 

If he was talking to other bidders then he runs the risk of the ‘mystery bidder’ simply withdrawing their offer. He would still owe them the £8M (£5M + £3M). 

‘Bird in the hand’ type scenario 

He could well be looking at other bidders but he would need to be 100% sure they would close or he loses everything, why would he risk it?

Cheers for that  Howard .....he's still got form though in the risk business our Ken its going to be a long two weeks 

16 minutes ago, Howardroark said:

Ken has 14 days (up to the 2nd) to pay off the loan and avoid the shares being taken. 

If he was talking to other bidders then he runs the risk of the ‘mystery bidder’ simply withdrawing their offer. He would still owe them the £8M (£5M + £3M). 

‘Bird in the hand’ type scenario 

He could well be looking at other bidders but he would need to be 100% sure they would close or he loses everything, why would he risk it?

Won't he want a contingency plan though? He's losing power the closer it gets to the 2nd, will he not want someone lined up if they haven't settled the deal with a few days to spare?

KA must feel like Del Boy when hes got 2 punters trying to buy the same item darn the market.

Edited March 22, 20197 yr by Burndens Bogs

Howard 

Does the new prospective owner wear tank tops? 

6 minutes ago, DirtySanchez said:

Howard 

Does the new prospective owner wear tank tops? 

Think this most important question of all which has been asked, real deal maker this

1 hour ago, RoadRunnerFan said:

Isn't it just the same result as the debt is secured on the shares and the shares are in effect worthless? 

And Howard what type of organisation do you do PR for? 

 

A loan is quite simply not a share but the end result could be the same if the new buyer paid only £5million to Moonshift. But Howard has claimed that Moonshift want £8million which he had originally claimed was a wholly secured debt. When questioned, Howard backtracked admitting that ony £5million was secured.

Howard also had to backtrack on some weird flights of fancy concerning the PBP loan and lets not get on to what he seems to have  implied happened to the other £3miillion Moonshift allegedly advanced.

On another tack, I expect Alan Nixon's pile of dross in the Sun yesterday would have gone down rather well with his followers and the empty-headed Beeno readers who seem to hang on to every word of the 'esteemed' Marc Iles.

P.S. I cannot lay claim to being a regular Sun reader. I know about Nixon's article only because someone showed it to me who thought I might be interested.

16 minutes ago, Razaldo9 said:

Won't he want a contingency plan though? He's losing power the closer it gets to the 2nd, will he not want someone lined up if they haven't settled the deal with a few days to spare?

Possibly, but it absolutely would not get leaked unless he’s incredibly naive

1 minute ago, Chris Custodiet said:

A loan is quite simply not a share but the end result could be the same if the new buyer paid only £5million to Moonshift. But Howard has claimed that Moonshift want £8million which he had originally claimed was a wholly secured debt. When questioned, Howard backtracked admitting that ony £5million was secured.

Howard also had to backtrack on some weird flights of fancy concerning the PBP loan and lets not get on to what he seems to have  implied happened to the other £3miillion Moonshift allegedly advanced.

On another tack, I expect Alan Nixon's pile of dross in the Sun yesterday would have gone down rather well with his followers and the empty-headed Beeno readers who seem to hang on to every word of the 'esteemed' Marc Iles.

P.S. I cannot lay claim to being a regular Sun reader. I know about Nixon's article only because someone showed it to me who thought I might be interested.

Have never claimed £8M to be fully secured against the shares/club. 

Didnt backtrack on PBP loan, it remains more than feasible as an explanation. 

I have also previously informed you privately of one of the sources of the above. 

Your obsession; whilst flattering; is becoming tedious.

 

3 minutes ago, Howardroark said:

Have never claimed £8M to be fully secured against the shares/club. 

Didnt backtrack on PBP loan, it remains more than feasible as an explanation. 

I have also previously informed you privately of one of the sources of the above. 

Your obsession; whilst flattering; is becoming tedious.

 

Don't flatter yourself, Howard. I'm not interested in you in the slightest but I am interested in accuracy and the unspun facts.

You have indicated to me the souce of information, that some might have regarded as confidential, and I have noted that you have chosen to put information into the public domain for reasons that you will know best.

The assertions that you have made, and that I have challenged, are on the record should anyone want to be bothered checking them out.

 

1 hour ago, gonzo said:

 

Last week we wre dead and fucking burried. Now they queing out of the fucing door to buy us.............

1 minute ago, Chris Custodiet said:

Don't flatter yourself, Howard. I'm not interested in you in the slightest but I am interested in accuracy and the unspun facts.

You have indicated to me the souce of information, that some might have regarded as confidential, and I have noted that you have chosen to put information into the public domain for reasons that you will know best.

The assertions that you have made, and that I have challenged, are on the record should anyone want to be bothered checking them out.

 

By indicated I told you the very name of the person, a person who’s name I have not publicised on this forum. 

You have a blatant ignorance of anything that remotely resembles me being informed, whilst choosing to press ahead with an agenda of attempting to discredit things I mention. 

In respect of PBP I have long said that it was only my belief that it could’ve been structured in such a way, and not that it was fact. 

In the words of David Brent 

“Chris, why don’t you fuck off”?